Saturday, September 13, 2008

AXI Plans to Develop Algae Strains for Fuel

You are at: Oilgae Blog.

Allied Minds, an investment company, has invested in the work of Rose Ann Cattolico, University of Washington biology professor, who has studied the physiology of algae for more than 30 years and sees it as a source of fuel for transportation. Allied Minds has formed a startup company called AXI.

AXI won't be in the business of making fuel. Instead, it will work with biofuel producers to develop strains of algae that produce just the right lipids, or oils, for the fuel that the producer wants to make. The methods will not employ genetic modification, Cattolico said.

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Nature gave us oil from algae; perhaps we should try Nature's way again

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