• Solazyme Provides U.S. Navy with Algal Jet Fuel

    Monday, July 19th, 2010

    SolazymeBiofuel producer Solazyme delivered 1,500 gallons of its algae-based jet fuel to the U.S. Navy’s testing and certification program today, helping the military reach its goal of switching half of its fleet to clean fuel by 2020. The Navy will use the fuel to power jets.

    Solazyme produces fuel by fermenting algae to create oils and biomaterials including fuel, skin care, chemical and animal feed products. The company claims the Solajet HRJ-5 fuel it delivered to the Navy produces 85% fewer greenhouse gas emissions than fossil fuels. In the next two weeks, Solazyme will also provide the Navy with 20,000 gallons of F-76 naval distillate fuel to be used in military ships.

    The South San Francisco based company was founded in 2003 and received $21.8 million in federal grant funding from the U.S. Department of Energy last December.


    Image by Solazyme

    Company: Solazyme
    Website: solazyme.com
    Launch Date: 2003
    IPO: NASDAQ:SZYM

    Solazyme is a synthetic biology company that specializes in converting algal biomass into biofuels. Solazyme not only creates biofuels for the the transportation industry, but is experimenting with ways to tailor its products for the cosmetic and food industries.

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