Under the agreement, Sky Airline and PetroAlgae have agreed to collaborate to enable Sky Airline to purchase the fuel feedstock produced by licensees of the company’s technology as a feedstock for conversion into renewable jet fuel.
The company said that its proprietary technology, consisting of light and environmental management systems, allows its customer licensees to grow aquatic microorganisms at a rate that consistently exceeds four times the natural growth rates.
This enables the commercial-scale production of two end-products: a fuel feedstock and a protein, which is intended to be used principally in existing refineries, resulting in renewable fuels, including renewable jet fuel.
Sky Airline director Holger Paulmann said that with PetroAlgae’s commercial-scale biomass from micro-crops, Sky Airline hopes to develop clean renewable jet fuel in existing refineries, which will reduce its reliance on fossil fuels.
