공시 • Oct 10
Blue Biofuels, Inc. Concludes Department of Energy Phase 2 SBIR Grant Blue Biofuels, Inc. announce the successful completion of its Phase 2 Small Business Innovation Research (SBIR) grant awarded by the U.S. Department of Energy. Over the past year, this grant has enabled Blue Biofuels to advance the scale-up of its patented Cellulose-to-Sugar (CTS) technology toward full commercialization. With this milestone, the company is now positioned to move forward with commercial deployment and preparations for its first production facility in Frostproof, Florida. Through the support of this grant, Blue Biofuels successfully scaled up every stage of its process, from biomass harvesting through fermentation and distillation. The company achieved commercially viable ethanol yields, significantly reduced processing costs, and demonstrated consistent success using both sugarcane bagasse and company-grown king grass as feedstocks. These results confirm the flexibility of the CTS technology to utilize a variety of biomass sources, paving the way for expansion into diverse agricultural regions and climates where local feedstocks such as corn stover, wheat straw, or other residues are available. Furthermore, the completion of a Front-End Loading 2 (FEL-2) engineering study validated the process design and economics for Blue Biofuels’ cellulosic ethanol facility in Frostproof. The completion of this grant underscores not only the scalability and versatility of Blue Biofuels’ CTS technology but also its transformative potential to convert agricultural residues into low-carbon fuels. The company’s cellulosic ethanol will serve as a key feedstock for Sustainable Aviation Fuel (SAF), capable of reducing carbon emissions by more than 80%. 공시 • Jun 19
Blue Biofuels, Inc. Strengthens Intellectual Property Portfolio with Issuance of New U.S. Patent Blue Biofuels, Inc. announced the issuance of a new United States patent, further strengthening the company's expanding intellectual property portfolio. This latest patent brings the company's total number of granted patents to seven, with an additional 25 patent applications pending. Together, they form a robust IP foundation that underscores Blue Biofuels' commitment to safeguarding its pioneering biofuel technologies. The newly granted patent marks a significant milestone in the evolution of proprietary process, which continues to advance in efficiency, scalability, and innovation. As technology becomes increasingly sophisticated, the importance of securing comprehensive intellectual property protections grows, ensuring that breakthroughs remain protected as move toward commercial deployment. Building upon previously issued patents, this latest addition reinforces Blue Biofuels' leadership in the renewable energy sector and highlights Blue Biofuels dedication to pushing the boundaries of sustainable fuel innovation. 공시 • Sep 04
Blue Biofuels Inc. Produces Ethanol in High Yield from Multiple Feedstocks in Its Upscaled CTS Process Blue Biofuels Inc. announced another significant advancement of its proprietary Cellulose-to-Sugar (CTS) technology. The company has successfully produced cellulosic ethanol in high yields from multiple biomass feedstocks, showing the flexibility of its patented process. This achievement is the result of processing biomass from King Grass, Sugar Cane Bagasse, and Corn Stover on the company's upscaled CTS pilot line. The sugars produced from CTS process were successfully fermented into ethanol in high yield. This is a strong confirmation that the CTS process produces fermentable sugars with no harmful byproducts which could have inhibited the fermentation of CTS sugars to ethanol. As Blue Biofuels is in the process of finalizing the scaling of its CTS technology to production size, the company remains focused on optimizing production processes and preparing for commercial deployment. This milestone sets the stage for further development and partnerships aimed at bringing this technology to market. 공시 • May 18
Blue Biofuels, Inc. announced delayed 10-Q filing On 05/16/2024, Blue Biofuels, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Apr 16
Blue Biofuels Initiates Engineering and Design for Their CTS Commercial Plant Positioned to Produce Ethanol from Cellulosic Materials Blue Biofuels, Inc. announces the commencement of an FEL 1 & 2 engineering study for a 2.4-million-gallon cellulosic ethanol facility. This endeavor is grounded in the company's innovative Cellulose-to-Sugar (CTS) system, which has undergone and is undergoing continuous refinement and optimization for the efficient conversion of cellulosic biomass into ethanol. The engineering study meticulously outlines each process step, technical layout, and required equipment for the facility. Even at this initial volume, it demonstrates the viability of the CTS process in yielding positive margins for cellulosic ethanol production. Blue Biofuels is now poised to scale up its engineering design for larger facilities, leveraging the inherent advantages of scale to enhance profitability. Drawing on successes achieved in their pilot plant, Blue Biofuels remains committed to further enhancing their process, with a focus on catalyst recycling and lignin separation for potential sale. While lignin sales are not yet factored into the model, ongoing optimizations signify a commitment to maximizing efficiency and sustainability. Looking ahead, Blue Biofuels envisions integrating their CTS process to supply ethanol for their Ethanol-to-Sustainable-Aviation-Fuel joint venture with Vertimass, down the line replacing the sugar cane ethanol that will be used to start the ethanol to SAF production. This positions BIOF as a key player in the renewable energy sector, expecting to be the first to have an integrated process from Biomass to SAF. 공시 • Jul 12
Blue Biofuels Receives Department of Energy Grant for Groundbreaking Renewable Fuels Technology Blue Biofuels, Inc. announced the receipt of a prestigious Department of Energy Small Business Innovation Research Phase 1 grant. The grant, valued at $206,500, will further propel Blue Biofuels' mission to revolutionize the biofuels sector and create sustainable transportation and aviation fuel. The DOE SBIR Phase 1 grant will enable Blue Biofuels to advance its efforts to scale and optimize its patented cellulose-to-sugar (CTS) process. This funding will support the Company’s team of scientists and engineers as they continue to refine cutting-edge fuel technology aimed at reducing carbon emissions and mitigating climate change. With this grant, Blue Biofuels aims to successfully complete its Phase 1 scaling objectives, paving the way for future opportunities to secure larger-scale grants. The Company is poised to leverage the findings and data generated from this project to pursue subsequent DOE SBIR Phase 2 & 3 grants, potentially worth millions of dollars. Blue Biofuels remains steadfast in its commitment to advancing the biofuels industry and ushering in a cleaner and greener energy landscape. Blue Biofuels is grateful to the Department of Energy for their trust and support in this endeavor. The Company is confident that this grant will serve as a stepping stone towards even greater achievements in the future, driving the Company toward commercialization and production. 