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An accredited investor is an individual with net worth, or joint net worth with that person's spouse, at the time of purchase, exceeds $1,000,000

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Ross Featured as Luncheon Speaker at PolymerOhio ETF

Jul

24

9:00 AM

Ross Featured as Luncheon Speaker at PolymerOhio ETF

July 23 – PolymerOhio Emerging Technology Forum. Ross discussed the market forces driving bio-products including bio-plastics for packaging, the markets, customers, and products along with the requirements for success in the sustainable plastic arena. He also explored the future outlook for the industry. View Ross’s Slides

July 21 – Following a Union County press conference at the Economic Development office, Ross discussed AlgaeVenture Systems personally with Senator Voinovich.

July 17 – Team members participated in the National Algae Association Business Roundtable, Research and Networking Forum on Algae Commercialization.

Van Wert Algae Seminar – approx. 36 minutes Questions for panelists

Other recent discussions and briefings include:

  • OSU-College of Engineering
  • Van Wert BioFuel
  • University of Cincinnati
  • PolymerOhio
  • OBIC site visit
  • Battelle regarding algae oil conversion
  • Miami University and Ashland Chemical visited AlgaeVS
  • Union County Economic Development and City Administration
  • Cincinnati Zoo
  • Phase 3 Developments
  • Advanced Biological Marketing
  • Ongoing meetings with potential investors
  • A number of industrial companies

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May

23

2:09 PM

Partnership News & Updates

How to partner with us

The AlgaeVenture team is actively meeting with potential partners for all levels of the algae. Contact me to request more information and find out how you can work with AlgaeVenture Systems.

Spreading the word and growing partnerships

So much has happened in a short time. We have given a series of encore presentations, meeting individually and with groups, to foster partnerships to move the project forward aggressively.

System Prototype

Substantial progress has taken place on the creation of the first test cell. The foundation for the cell was constructed and subsequently covered with a liner. The initial plumbing for the unit has been connected, and on June 18th the cell was filled with water. Concurrently, a greenhouse and lab have been built near the test cell, and will be operational in the coming weeks. This rapid development has been matched by an intense research and design effort currently underway at AlgaeVS, Inc.

The Green Belt Coalition

The algae coalition which was launched at the AlgaeVS presentation on May 22 has also progressed well. This group has actively been meeting via teleconference and plans to announce at Fall conference to be held in November. Please visit http://www.greenbeltcoalition.org and sign up to help build a working group to facilitate the growth of an algae industry.

Algae Pond Liner

I have personally had discussions or briefing meetings with all of the following entities, several of whom have already signed cooperation agreements and/or identified key resources such as funding, services, manufacturing and legal support.

  • Ohio University
  • EMTEC
  • Miami University
  • Yenkin-Majestic
  • University of Cincinnati
  • Vacuform
  • CIFT
  • Rockwell
  • Ohio Department of Development
  • EWI
  • Van Wert County Economic Development
  • NASA Glenn Research Center
  • Ohio Aerospace Institute
  • VanDavis & Associates
  • US Department of Energy
  • Senator Voinovich’s Washington staff
  • Senator Brown’s Washington staff
  • Sterling Technologies
  • The Ohio State University, Center for Entrepreneurship
  • National Composite Center
  • OARDC, The Ohio State University, Columbus
  • Siemens Corporation
  • Clean Fuels Ohio
  • John Deere
  • Calfee, Halter & Griswold LLP
  • Baker & Hostetler LLP
  • Ohio BioProducts Innovation Center (OBIC)
  • Phycal LLC
Greenhouse

Our team and I have actively attended several key networking opportunities including

  • Ohio Polymer Summit
  • former Mayor of Marysville
  • Ohio Department of Agriculture – Retooling for Ohio’s Energy Market
  • National Agricultural Biotechnology Council
  • Vistage

Upcoming meetings that are scheduled and/or being planned throughout the summer.

  • Vorys, Sater, Seymour and Pease LLP
  • The Ohio State University, College of Engineering
  • National Algae Association at The Woodlands, TX
  • TechColumbus
  • Miami University and Ashland Chemical staff
  • Emerging Technology Forum sponsored by Polymer Ohio
  • Van Wert County presentation
  • OARDC, The Ohio State University, Wooster
  • Hosting and presenting at the UCEAO Board meeting in August
  • TechColumbus Breakfast Series
  • Air Force Research Laboratory
  • The Cincinnati Zoo
  • PUCO – Ohio Biomass Energy Program
  • Ross Youngs & Ben Stuart will present on behalf of the Green Belt Coalition at the MORPC Conference on Sustainability & the Environment

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May

01

1:48 PM

The Clear Focus of AlgaeVS’s AlgaeVenture Systems

AlgaeVS’s Algae Initiative Strategy

AlgaeVS has undertaken the development of the systems and technology related to hybrid-closed ponds that continuously simulates nature’s best productivity for growing algae based biomass in virtually any geographic location with the suitable resources. These systems are being designed at scale, with modularity that improves economics, while leveraging facility collocation as part of a sustainable waste to energy strategy. Solar energy is one contributing energy source, not the sole source. Our technologies are unique and various patents are being pursued.

This philosophy utilizes waste energies from collocated facilities including heat, with an additional requirement for suitable water-cooling resources (geothermal, river, or body of water), CO2 waste gas, and nutrient/organic wastes. The targeted industries are power generation, wastewater, livestock, food waste, biomass waste, landfill, and various industrial concerns. The resulting systems will provide resource conservation, improved water and air quality while producing large quantities of biomass for utilization for fuel, feed, food, fertilizer, and other advanced materials or products. This integrated strategy will result in a leap forward for sustainability strategies, which can be implemented by a variety of concerns.

AlgaeVS firmly believes the primary path forward for fuels from algae will require capital cost sharing with collocated facilities along with an evolutionary path to the profit floor of fuel. Justification of capital cost share comes from cleaner water and air through a variety of considerations, including: ecological, social, energy policies, and national security justifications.

It is our near term goal to establish 12-20 of these collocated facilities utilizing the expertise from various disciplines to simultaneously research, develop, engineer, the systems and processes at scale. The path forward is based on best practices relating to our specific and historical technologies along with vision of the viable ideal system of the future. Our long-term objective is to be a world leader in integrated algae technologies providing technology, designs, engineering, and systems that integrate primary algae systems and unique complementing subsystems.

Photon Chart

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