Algasol is pleased to announce that they have received the patent allowance for its second patent in Japan, covering new aspects of Algasol’s coveted density difference method of Algae Biomass production at the most cost efficient CAPEX and OPEX.
About the Patented PBR Technology
Our award winning photobioreactor technology breaks the cost barrier and allows microalgae production to be economically viable. Our technology lowers CAPEX by 90% when compared to other growth systems, and it is deployable both on land (in ponds) and in the oceans. By example, 1 ha (10,000m2) of Algasol PBRs is USD 52,500, including harvesting valves and internal aeration.
The main components of our worldwide patented technology include the following:
General concept of controlling the position of a closed photobioreactor by providing a density difference between the algae culture inside the photobioreactor and the surrounding water
Density Management System for submerging/angling the PBR
Internal Aeration System
Algasol continues to strengthen its patent portfolio by securing additional patents, fx tubeless harvesting and its novel high productive Algae Biomass hybrid PBR that optimize its revolutionary biomass production platform.
For more detail, our worldwide patent is accessible at www.wipo.int
Algasol has naturally transitioned from a technology company, owning the most coveted patent and cost efficient (CAPEX, OPEX and productivity) on algae growth systems towards becoming one of the largest algal biomass manufacturers through its clients and licensees.
Algasol’s unique world-wide patent for low cost production (CAPEX and OPEX) of algae biomass in a closed environment with high productivity, is a flexible, modular PhotoBioReactor (PBR) floating on water that can be deployed on land, ponds, or the ocean. A world wide patent in all relevant countries covers all key aspects of the technology.
As an innovative PBR manufacturer, Algasol end-users will generate significant quantities of valuable biomass at the most competitive price, opening the door to several multibillion-dollar markets.
Visit www.algasol.com, for additional news and updates.
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Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release are “forward-looking statements” within the meaning of the federal securities laws. Statements about our beliefs and expectations regarding our technology platform, our ability to efficiently develop new products, the potential wide applicability of our intellectual property and licensing opportunities, may constitute forward-looking statements. These forward-looking statements involve risks, uncertainties and other factors that could cause Algasol’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Investors are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. Any forward-looking statements speak only as of the date of this press release and, except as required by law, Algasol expressly disclaims any intent or obligation to update or revise any forward-looking statements to reflect actual results, any changes in expectations or any change in events. If Algasol does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. Factors that could cause results to differ materially include, but are not limited to: (1) whether the patented technology will result in any new products or improve our ability to efficiently and effectively develop new products; (2) whether the patented technology will result in any new customers, partners, collaborations or licensing agreements; (3) Algasol’s research and development efforts, and (4) Algasol’s ability to successfully enforce its intellectual property rights.