Rosetta Green and Seambiotic Will Collaborate in the Development of Improved Algal Strains for the Biofuel Industry

Posted On: August 4, 2010

Rosetta Green, a company specializing in the identification of unique genes in plants and algae for the cleantech and plant biotech industries and Seambiotic, a company specializing in the growth of algae at industrial scale, announced yesterday that they have signed a collaboration agreement to develop and test improved algal strains for the biofuel industry. According to the agreement, Rosetta Green will be responsible for the development of the strains and Seambiotic will be in charge of large scale algal growth and biofuel production.

The companies will initially focus on increasing the oil content of the algae and producing strains that can better withstand contamination. The companies have formed a joint steering committee that will be responsible for the management and operation of the collaboration. The proof of concept phase of the collaboration is anticipated to last about two years, during which the companies will explore the development of facilities for producing biofuel from algae on an industrial scale.

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