Solazyme produces fuel by fermenting algae to create oils and biomaterials including fuel, skin care, chemical and animal feed products. The company claims the Solajet HRJ-5 fuel it delivered to the Navy produces 85% fewer greenhouse gas emissions than fossil fuels. In the next two weeks, Solazyme will also provide the Navy with 20,000 gallons of F-76 naval distillate fuel to be used in military ships.
The South San Francisco based company was founded in 2003 and received $21.8 million in federal grant funding from the U.S. Department of Energy last December.
Image by Solazyme
Information provided by CrunchBase
This article was sent using my Viigo.
For a free download, go to http://getviigo.com
Sent via BlackBerry from T-Mobile