Microalgae

Environmental Remediation Market to Reach $218.8 billion, Globally, by 2032 at 7.1% CAGR: Allied Market Research

Retrieved on: 
Monday, April 8, 2024
Soil, International Energy Agency, Pesticide, Health, Microalgae, Habitat, Organization, PDF, Urbanization, Face, Agriculture, Water pollution, Natural Resources, Public, Fungus, Bacteria, Transport, Groundwater, Plant, Atmosphere, Water, Ecosystem, IEA, Table, Environmental remediation

PORTLAND, Ore., April 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Environmental Remediation Market by Site-Type (Public and Private), Medium (Soil and Groundwater), Technology (Air Sparging, Soil Washing, Chemical Treatment, Bioremediation, Electrokinetic Remediation, Excavation, and Permeable Reactive Barriers), and Application (Mining & Forestry, Oil & Gas, Agriculture, Automotive, Landfills and Waste Disposal Sites, Manufacturing, Industrial, and Chemical Production/Processing, Construction and Land Development, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the "environmental remediation market" was valued at $110.7 billion in 2022, and is estimated to reach $218.8 billion by 2032, growing at a CAGR of 7.1% from 2023 to 2032.

Key Points: 
  • The Russia-Ukraine war had significant implications on the environmental remediation market, affecting both the demand for remediation services and the resources available for environmental cleanup efforts.
  • As a result, there is an increased need for environmental remediation services to address these pollution incidents and mitigate their impacts.
  • Geopolitical tensions and economic sanctions stemming from the Russia-Ukraine war impact international cooperation and investment in environmental remediation initiatives.
  • Collaboration between countries and organizations on transboundary pollution issues and environmental cleanup projects are expected to be strained, leading to delays or disruptions in remediation efforts.

Environmental Remediation Market to Reach $218.8 billion, Globally, by 2032 at 7.1% CAGR: Allied Market Research

Retrieved on: 
Monday, April 8, 2024
Soil, International Energy Agency, Pesticide, Health, Microalgae, Habitat, Organization, PDF, Urbanization, Face, Agriculture, Water pollution, Natural Resources, Public, Fungus, Bacteria, Transport, Groundwater, Plant, Atmosphere, Water, Ecosystem, IEA, Table, Environmental remediation

PORTLAND, Ore., April 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Environmental Remediation Market by Site-Type (Public and Private), Medium (Soil and Groundwater), Technology (Air Sparging, Soil Washing, Chemical Treatment, Bioremediation, Electrokinetic Remediation, Excavation, and Permeable Reactive Barriers), and Application (Mining & Forestry, Oil & Gas, Agriculture, Automotive, Landfills and Waste Disposal Sites, Manufacturing, Industrial, and Chemical Production/Processing, Construction and Land Development, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the "environmental remediation market" was valued at $110.7 billion in 2022, and is estimated to reach $218.8 billion by 2032, growing at a CAGR of 7.1% from 2023 to 2032.

Key Points: 
  • The Russia-Ukraine war had significant implications on the environmental remediation market, affecting both the demand for remediation services and the resources available for environmental cleanup efforts.
  • As a result, there is an increased need for environmental remediation services to address these pollution incidents and mitigate their impacts.
  • Geopolitical tensions and economic sanctions stemming from the Russia-Ukraine war impact international cooperation and investment in environmental remediation initiatives.
  • Collaboration between countries and organizations on transboundary pollution issues and environmental cleanup projects are expected to be strained, leading to delays or disruptions in remediation efforts.

AAK Partners with Checkerspot to Develop New Sustainable Algae Oil

Retrieved on: 
Thursday, March 21, 2024
Research, Other Natural Resources, Sustainability, Agriculture, Natural Resources, Food, Beverage, Environment, Fitness & Nutrition, Retail, Science, Biotechnology, Health, Other Science, Microalgae, Climate change, Oil, Organizational founder, Consumer, Fats, AAK, Fermentation, CSO, Multimedia

Checkerspot is clearly a leader in this area and we’re excited to tap into their innovation platform to develop and commercialize new oils using microalgae.

Key Points: 
  • Checkerspot is clearly a leader in this area and we’re excited to tap into their innovation platform to develop and commercialize new oils using microalgae.
  • The collaboration fits perfectly with our goal of offering our partners value-added and sustainable solutions,” said Kim Olofsson, Global Head of R&D at AAK.
  • AAK is committed to driving sustainability efforts through Better Sourcing, Better Operations, and Better Solutions for customers seeking planet-friendly products.
  • “With forward-thinking partners like AAK, we can bring new solutions to the table.

VetChip Wins 2024 Purina Pet Care Innovation Grand Prize

Retrieved on: 
Thursday, March 21, 2024
Microalgae, Shark, Dentistry, DVM, Organization, Exercise, Television, Pet, Food, Global Pet Expo, Shark Tank, Veterinarian, Cat, Corporation, Pet industry

ORLANDO, Fla., March 21, 2024 /PRNewswire/ -- VetChip was selected as the grand prize winner of the 2024 Pet Care Innovation Prize, earning $25,000 and support from the pet care experts at Purina. VetChip was one of five pet care startups from across the U.S., Canada, and Australia that pitched their businesses to pet industry influencers and investors at Global Pet Expo, the pet care industry's biggest trade show. The biotechnology company is dedicated to improving animal health and welfare through pioneering technology that monitors, analyzes, and detects pet health issues. The VetChip is implanted to gather data and alert pet owners via an app if potential issues or signs of illness or injury are detected, allowing for faster diagnosis and treatment.

Key Points: 
  • ORLANDO, Fla., March 21, 2024 /PRNewswire/ -- VetChip was selected as the grand prize winner of the 2024 Pet Care Innovation Prize , earning $25,000 and support from the pet care experts at Purina.
  • "We are absolutely thrilled to have our revolutionary biosensor achievements recognized through the Pet Care Innovation Prize 2024," said VetChip co-founder Garnett Hall, DVM.
  • The 2024 class of Pet Care Innovation Prize winners represents some of the best innovation happening in the $136.8 billion* pet care industry.
  • The Pet Care Innovation Prize was created to support and connect with early stage pet care startups that are currently in market with an innovative business addressing pet and pet owner needs in the areas of pet health and wellness, services, technology, and food, treats or litter.

KAS Announces $3M Funding Round to Expand Production of its Natural Algae Astaxanthin

Retrieved on: 
Wednesday, March 13, 2024
Aquaculture, Seafood, Microalgae, KAS, Fermentation, Hatch, Water, Recycling, Astaxanthin

HONOLULU, March 13, 2024 /PRNewswire/ -- Kuehnle AgroSystems ("KAS"), a leading microalgal innovation and production company, today announced that it has raised a $3 million Series A2 funding round led by S2G Ventures. The funding will accelerate the commercialization of KAS's pioneering method for producing natural astaxanthin from microalgae, a key component in sustainable aquaculture systems as well as a clinically proven human nutraceutical.

Key Points: 
  • KAS has patented an innovative process that uses dark fermentation in closed vertical tank systems to produce high-quality natural algae astaxanthin.
  • Utilizing a more sustainable feedstock and production method than current natural and synthetic astaxanthin production methods, KAS's process results in lower production costs, higher yields, faster growth times, and less water and energy consumption.
  • KAS aims to replace synthetic with natural algal astaxanthin, addressing a market that is estimated to be valued at around $ 3.7 billion.
  • "Strong consumer preference for natural inputs is expected to accelerate the transition from synthetic to natural astaxanthin," said Claude Kaplan, chief executive officer of KAS.

Celebrate Global Omega-3 Day™ on Sunday, March 3

Retrieved on: 
Wednesday, February 14, 2024
Name, Internet, DHA, Education, Word, Pregnancy, Salmon, International, Dicarboxylic acid, Eicosapentaenoic acid, EPA, Microalgae, Fatty acid, Brain, Dietary supplement

That's because the 3rd of March, or 03-03, is Global Omega-3 Day™ .

Key Points: 
  • That's because the 3rd of March, or 03-03, is Global Omega-3 Day™ .
  • However, more than 95% of Americans and 80% of people globally are not getting their recommended omega-3 intake, highlighting the need for awareness and education.
  • The education effort is working: in 2023, global awareness and excitement around omega-3 surged on Global Omega-3 Day, leading to the highest level of internet searches on the topic since 2004.
  • Whether you're trying out a new omega-3-rich recipe, exploring supplements, or sharing information online, your participation contributes to a healthier, omega-3-rich world.

Cyanotech Reports Financial Results for the Third Quarter and First Nine Months of Fiscal 2024

Retrieved on: 
Thursday, February 8, 2024
Operating cost, Dietary supplement, Commercial, Microalgae, Corporation, Marketing, Interest, Cyanotech, Security (finance)

Cyanotech Corporation (Nasdaq Capital Market: CYAN), a world leader in microalgae-based, high-value nutrition and health dietary supplement products, announced financial results for the third quarter and first nine months of fiscal year 2024, ended December 31, 2023.

Key Points: 
  • Cyanotech Corporation (Nasdaq Capital Market: CYAN), a world leader in microalgae-based, high-value nutrition and health dietary supplement products, announced financial results for the third quarter and first nine months of fiscal year 2024, ended December 31, 2023.
  • Operating loss for the third quarter of fiscal 2024 was $848,000 compared to operating loss of $404,000 in the same period of the prior year.
  • Cyanotech reported net sales of $17,101,000 for the first nine months of fiscal 2024 compared to $17,786,000 for the same period in fiscal 2023, a decrease of 3.9%.
  • The Company will respond only to relevant questions relating to the Company’s third quarter fiscal 2024 financial performance and will not be accepting any questions or comments during the broadcast.

Checkerspot Announces Breakthrough with the Development of Human Milk Fat Analogue by Fermentation of Microalgae

Retrieved on: 
Tuesday, January 30, 2024
Research, General Health, Consumer, Food, Beverage, Fitness & Nutrition, Parenting, Retail, Science, Baby, Maternity, Biotechnology, Women, Health, Other Science, Multimedia, Infant, Plant, Fat, Parent, Lipid, Milk, Fermentation, Lipid metabolism, Caregiver, Triglyceride, Oil, Carbon, Frontiers, OPO, Rapeseed, Food safety, Microalgae, CSO, Dicarboxylic acid, Molecular biology, Ester, Palmitic acid, Dietary supplement

Checkerspot, a biotechnology company and Certified B Corporation™ that produces unique oils through the fermentation of microalgae, published in Frontiers in Nutrition a breakthrough in the development of a new source of human milk fat analogue known as OPO (Oleic-Palmitic-Oleic or sn-2 palmitate).

Key Points: 
  • Checkerspot, a biotechnology company and Certified B Corporation™ that produces unique oils through the fermentation of microalgae, published in Frontiers in Nutrition a breakthrough in the development of a new source of human milk fat analogue known as OPO (Oleic-Palmitic-Oleic or sn-2 palmitate).
  • Checkerspot is dedicated to advancing the science of viable alternatives by harnessing the potential of its microalgae-based molecular biology and fermentation capabilities.
  • Infant formulas currently available in the market often incorporate structured triglycerides through human milk fat substitutes produced enzymatically.
  • We obtained a unique human milk fat analog containing palmitic acid in sn-2 position in the range of 73% of total palmitic acid.

Global Thermostat commissions first containerized T-Series system for multi-tonne Direct Air Capture of carbon dioxide

Retrieved on: 
Thursday, February 1, 2024
Carbon, Climate change, Direct air capture, Biomass, Engineering, Biofuel, Food, GHG, CDR, Atmosphere, Pacific Northwest National Laboratory, Energy efficiency, Renewable energy, DOE, CO2, Microalgae, United Nations, Carbon dioxide removal, Nahi, Carbon dioxide, K series, DAC, Drink, PNNL

COMMERCE CITY, Colo., Feb. 1, 2024 /PRNewswire/ -- Global Thermostat today announced it has commissioned the first containerized T-Series system for Direct Air Capture of carbon dioxide, which is designed to remove from tonnes to tens of tonnes per year from the atmosphere and aimed at smaller commercial and pilot applications.

Key Points: 
  • "Many companies are seeking a rapidly deployable, low-footprint, climate-friendly way of obtaining the carbon dioxide they need," said Paul Nahi, CEO of Global Thermostat.
  • "Others are interested in piloting a smaller scale Direct Air Capture solution as they plan higher volume deployments in the future," Nahi added.
  • It can be used in combination with underground storage or mineralization to permanently remove past carbon dioxide emissions.
  • Global Thermostat's patented Direct Air Capture solution consists of high-efficiency fans that pull air through ultra-high surface area contactors where the surface geometry and embedded solid sorbent have been custom-designed to optimize the capture of CO2.

Purina Announces 2024 Pet Care Innovation Prize Winners

Retrieved on: 
Monday, January 8, 2024
Dentistry, Pet, Global Pet Expo, Support, Anatomy, Cat, Shark Tank, Health, Massachusetts Institute of Technology, Microalgae, Innovation, Food, Organization, Exercise

ST. LOUIS, Jan. 8, 2024 /PRNewswire/ -- Pet care startups from the U.S., Canada, and Australia have been named finalists for the eighth annual Pet Care Innovation Prize powered by Purina, each receiving $25,000 and support from the pet care leader as they work to grow their businesses in the $136.8 billion* pet care industry. This year's class represents innovation across the spectrum of pet care products and services, from pet enrichment toys, a toothbrush designed specifically for a cat's anatomy, alternative protein and allergy-friendly pet treats and food, to a game-changing microchip that monitors pet health from the inside, and a platform to help organizations provide foster care for pets.

Key Points: 
  • Pet Care Startups from Melbourne, FL, Kansas City, MO, Chicago, IL, Vancouver, CA, and Perth, AU Awarded Cash Prizes and Support from Purina
    ST. LOUIS, Jan. 8, 2024 /PRNewswire/ -- Pet care startups from the U.S., Canada, and Australia have been named finalists for the eighth annual Pet Care Innovation Prize powered by Purina, each receiving $25,000 and support from the pet care leader as they work to grow their businesses in the $136.8 billion* pet care industry.
  • Nearly 150 companies from around the world applied for the 2024 Pet Care Innovation Prize.
  • The 2024 Pet Care Innovation Prize Winners are:
    Melbourne, Florida-based SwiftPaws makes playful enrichment  products to exercise and entertain pets.
  • Each of the five startup winners will receive $25,000, mentorship from the Pet Care Innovation team at Purina and Active Capital and will participate in an accelerator boot camp at Purina's headquarters in St. Louis, MO, featuring pet experts from Purina and across the pet care industry.