The Department of Energy's Office of Science awarded a $200,000 project grant under its Office of Science Financial Assistance Program (CFDA 81.049) to Global Algae Innovations, Inc., a for-profit small disadvantaged business, to conduct research and development on aqueous algae oil extraction. The grant, awarded on July 22, 2024, aims to develop innovative technologies for large-scale algae cultivation and utilize algae to capture CO2 from industrial sources or directly from the air. Global Algae Innovations will leverage its expertise in optimizing algae strains, productivity, and cultivation methods to advance the commercial viability of algae-based bioproducts such as biofuels, aquafeed, polyurethanes, proteins, and fatty acids. The award focuses on fundamental scientific research to expand understanding and transform technological capabilities in areas like quantum information science, advanced computing, and environmental science.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $200.0k | 9/18/24 |