Technology

About Algae

About Algaetec

Algae.Tec (ASX. AEB) is a specialist producer, focused on developing technology that captures waste carbon dioxide to produce commercial quantities of a range of plant derived products for supply to three key markets:Medicinal cannabis

  • Algae-based nutraceuticals
  • High quality Algal oil markets and unique applications
  • Animal feed and aquaculture markets 
  • Medicinal cannabis

Algae.Tec’s state-of-the-art algae growing facility is based in Atlanta, Georgia USA, where a number of high-value algae strains are produced for supply to the global nutraceutical and aqua feed markets.

An estimated A$35m has been invested in plant technology, with extensive tests conducted over the last six years.

Currently, the facility’s total production capacity is 50Mt per year with forecast revenue of $2m per annum commencing Q4 2017.

The facility produces six major algal species which represent over 95% of the global market:

  • Athrospira (Spirulina)
  • Chlorella
  • Dunaliella
  • Nannochloropsis
  • Haematococcus
  • Schizochytrium