Algal aviation fuel pioneer Heliae expands

In Arizona, Heliae Development  announced that it has signed a 5-year lease for expanded office space in Gilbert, having outgrown its facilities at Arizona State University’s Polytechnic campus in Mesa.

The company was formed in 2008 when Arizona State University spun out a technology for the commercial production of kerosene from algae using technologies developed by Professors Qiang Hu and Milton Sommerfeld at ASU’s Laboratory for Algae Research & Biotechnology. At the time, ASU entered into a $3 million R&D collaboration with Heliae Development  and Science Foundation Arizona to develop, produce and sell kerosene-based aviation fuel derived from algae.

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Tags: algae, ASU, aviation biofuels, Heliae

Category: Producer News