Aurora Algae secures AU$2 m grant for biomass platform

Aurora Algae has secured a AU$2 million grant from the Low Emissions Energy Development (LEED) fund to advance the company’s algae-based biomass production at its demonstration facility in Karratha, Western Australia. 

The grant, sponsored by the Australian State Government, has been used to develop a pilot production facility that consistently produces between 12-15 metric tons of algal biomass per month, within six 4,000 square meters (one acre) ponds. With the project now complete, biomass produced by Aurora Algae can be used to develop products across a number of markets including nutraceuticals, pharmaceuticals, aquaculture and renewable energy.

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English: Aerial view of Karratha, Western Australia (Photo credit: Wikipedia)