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Cellana and PhytoSmart Sign Definitive Merger Agreement

Combination Expected to Accelerate Commercialization of Sustainable Algae-Based Consumer Products
Strengthens the Foundation for Future Large-Scale Expansion for Alternative / Plant-Based Proteins and Bioenergy Applications

San Diego, California and Portland, Maine (October 28, 2024): Cellana, Inc. and PhytoSmart Inc., two pioneering leaders in algae-based products and biotechnology, are excited to announce that they have signed a definitive agreement to merge the two companies.

Upon closing of the merger, PhytoSmart will become a wholly owned subsidiary of Cellana. Deena Sisitsky, CEO of PhytoSmart, will join the Cellana Board of Directors and will lead the Consumer Products activities for the combined company under the PhytoSmart™ brand name.

The combined company will benefit from an expanding portfolio of commercial […]

Cellana and PhytoSmart Sign Definitive Merger Agreement2024-10-27T17:01:44-07:00

Thai Union Feedmill to Conduct Large-Scale Shrimp Feeding Trial Using Feed Formulated with Cellana’s Algae Biomass

Second, larger feeding trial of Cellana’s algae biomass by Thai Union builds on successful first trial

18 SEPTEMBER 2018, Bangkok, Thailand and Kailua-Kona, Hawaii – Thai Union Feedmill Co., Ltd. and Cellana LLC announced today that the Thai company will conduct a large-scale shrimp feeding trial using feed formulated with high-protein algae meal derived from Cellana’s EPA Omega-3-enriched algae biomass.

Algal Solutions LLC will assist Thai Union Feedmill and Cellana in the analysis of the algae meal characteristics and the techno-economics of multi-product, commercial-scale algae biomass facilities in Thailand.

“Thai Union Feedmill is always in search for advanced technologies that can help improve the sustainability of marine ecosystems,” said Rittirong Boonmechote, President of Thai Union Feedmill, a leading producer and domestic and international distributor of aquatic animal feeds. “We would like to be the leader of change by developing new algae biomass that could potentially be a fishmeal replacement as well as an agent to […]

Thai Union Feedmill to Conduct Large-Scale Shrimp Feeding Trial Using Feed Formulated with Cellana’s Algae Biomass2024-10-21T17:22:54-07:00

Cellana and Cyanotech Sign Asset Purchase Agreement For the Sale of Cellana’s Kona Demonstration Facility

Transaction Reflects Company’s Transition in 2018 from R&D Phase to Commercialization Phase

San Diego, CA and Kailua-Kona, HI – September 7, 2018 – Cellana, Inc., a leading developer of algae-based products for sustainable nutrition, ink, and energy applications, announced that its wholly-owned subsidiary Cellana LLC has signed an Asset Purchase Agreement with Cyanotech© Corporation for the sale of Cellana’s six- acre production and research facility known as the Kona Demonstration Facility (KDF). KDF is located adjacent to Cyanotech’s existing 90-acre site at the Natural Energy Laboratory of Hawaii Authority (NELHA). The acquisition includes all existing equipment and other assets necessary to operate the facility.

Over the past seven years, Cellana has directed over $30 million of investment, collaborative funding, and grant funding into developing and validating its ReNew™ Algae platform of high-value, non-GMO algae strains rich in Omega-3 nutritional oils, proteins, pigments, polysaccharides, and fuel-grade oils. During this time, Cellana has produced over […]

Cellana and Cyanotech Sign Asset Purchase Agreement For the Sale of Cellana’s Kona Demonstration Facility2024-10-21T17:22:06-07:00

Cellana and POS Bio-Sciences Sign Letter of Intent for the Joint Development and Commercialization of High-Value Algae Biomass for EPA Omega-3s

Leverages $30 Million Investment by Cellana in Leading High-EPA Strain KA32

San Diego, CA and Kailua-Kona, HI – April 5, 2018 – Cellana, Inc., a leading developer of algae- based products for sustainable nutrition, ink, and energy applications, and POS Bio-Sciences, a leader in lean-minded R&D, custom processing, and analytical services, announced that they have signed a letter of intent for the joint development and commercialization of high-value EPA Omega-3 oils from Cellana’s algae biomass. Over the past seven years, Cellana has directed over $30 million of investment into developing and validating its ReNew™ Algae platform of high-value, non-GMO algae strains rich in Omega-3 nutritional oils, proteins, pigments, polysaccharides, and fuel-grade oils. During this time, Cellana has produced over 10,000 kilograms of ReNew™ Algae at its Kona Demonstration Facility in Hawaii for processing and testing of the multiple high-value and high- volume biomass components, including multi-ton quantities of its leading commercial algae […]

Cellana and POS Bio-Sciences Sign Letter of Intent for the Joint Development and Commercialization of High-Value Algae Biomass for EPA Omega-3s2024-10-21T17:21:21-07:00

Cellana and Living Ink Enter into a Joint Development and Offtake Agreement for Sustainable Algae Inks

Algae Ink made from Hawaiian Sunshine and CO2 — not petroleum!

Denver, CO and Kailua-Kona, HI – (PRNewswire – February 7, 2017) – Cellana, Inc., a leading developer of algae-based products for sustainable nutrition and energy applications, and Living Ink Technologies today announced that they have signed a letter of intent for the joint development and commercialization of inks containing Cellana’s renewable algae biomass. Living Ink’s sustainable algae-derived ink is 100% plant-based, renewable, and biodegradable.  The majority of the ink is algae, turned into ink, and applied to paper.  This novel ink will replace conventional ink that uses petroleum products and other finite chemicals, most of which are toxic.

Currently, Cellana produces industrial-scale quantities of ReNew™ Algae — high-value algae biomass rich in Omega-3 nutritional oils, proteins, pigments, fuel-grade oils, cosmetic-grade oils, acids, and polysaccharides, as well as other valuable micronutrients — at its Kona Demonstration Facility in Hawaii.  Cellana will supply Living Ink with […]

Cellana and Living Ink Enter into a Joint Development and Offtake Agreement for Sustainable Algae Inks2024-10-21T17:19:54-07:00

Cellana and PIVEG Sign Letter of Intent for the Joint Development and Commercialization of High-Value Algae Biomass for Omega-3s and Other High-Value Applications

Fully-Integrated Commercial Platform for Sustainable Nutrition Products from Algae

San Diego, CA and Kailua-Kona, HI – Nov. 3, 2016 – Cellana, Inc., a leading developer of algae-based products for sustainable nutrition and energy applications, and PIVEG, Inc., a leader in high- specification ingredients for the nutraceutical, pharmaceutical, agricultural, food and beverage, feed, and cosmetics industries, announced that they have signed a letter of intent for the joint development and commercialization of Omega-3 oils and other high-value applications from algae biomass. Currently, Cellana produces industrial-scale quantities of ReNew™ Algae — high-value algae biomass rich in Omega-3 nutritional oils, proteins, fuel-grade oils, cosmetic-grade oils, acids, and polysaccharides, as well as other valuable micronutrients — at its Kona Demonstration Facility in Hawaii. With facilities in Mexico, Peru, and the United States, PIVEG currently produces and sells a variety of high-value pigments and other products derived from diverse natural sources, including marigold, chili peppers, and […]

Cellana and PIVEG Sign Letter of Intent for the Joint Development and Commercialization of High-Value Algae Biomass for Omega-3s and Other High-Value Applications2024-10-21T17:19:01-07:00

Martin Sabarsky, CEO of Cellana, Appointed New Board Chair of Algae Biomass Organization

WASHINGTON, DC (August 6, 2015) The Algae Biomass Organization, the trade association for the algae industry, today announced that Martin Sabarsky, CEO of Cellana, has been appointed Chair of the organization’s Board of Directors for the 2015-2016 term, and Jacques Beaudry-Losique, Senior Vice President of Corporate and Business Development at Algenol, has been appointed Vice Chair. Previous Chair, Tim Burns, Co-founder and Board Member of BioProcess Algae LLC, remains on the board.

Read more.

Martin Sabarsky, CEO of Cellana, Appointed New Board Chair of Algae Biomass Organization2024-10-21T17:32:39-07:00

Cellana Appoints David Anton as Chief Operating Officer and Board Director

Experienced Biorenewables Industry Leader to Lead Transition to Commercialization

San Diego, CA and Kailua-Kona, HI – (PRNewswire – 03/11/15) – Cellana, Inc. today announced that David Anton, Ph.D., has been appointed as Chief Operating Officer and has been elected to the Board of Directors of the company. In the COO position, Dr. Anton will lead the transition of Cellana’s paradigm-shifting ALDUO™ algae cultivation technology platform into a commercial reality. He brings over 30 years of technology and product development experience to the company, including prior leadership roles at DuPont, Codexis, and Joule.

“David’s extensive experience spans fermentation and photosynthetic-based production platforms, with both large and small companies. As COO and a new board member, David brings to Cellana a remarkable combination of technology development expertise, commercialization experience, and business acumen that dovetails with Cellana’s dual focus on both high-value and high-volume products,” stated Martin Sabarsky, Cellana’s Chief Executive Officer. “We are excited […]

Cellana Appoints David Anton as Chief Operating Officer and Board Director2024-10-21T17:15:36-07:00

State of the Algae Industry: 10 Top-Level commercial leaders look at the path to scale

(October 02, 2014) – The 2014 Algae Biomass Summit at two key sessions featured 10 of the leading companies in the algae sector, including Martin Sabarsky, CEO, Cellana. He stated:

  • Last 15 years there has been a combination of $100 million in private investment and public funding from government sources, labs to bring this technology to commercial scale, highlighted by a new grant from DOE in the last few weeks
  • The DOE is gone very far and been instrumental in supporting the industry
  • Signature off-take agreement with Neste Oil, signed last year
  • We produce multiple products, primarily by volume fuel grade oils and feed – multiple products improve the economics
  • Our demonstration facility is in Kona, Hawaii
  • Our vision of Cellana’s expansion involves a multi-phase approach
  • Yield is coming up and costs going down with scale

Comments from all the companies, their interaction with the Algae Biomass Summit delegates in the […]

State of the Algae Industry: 10 Top-Level commercial leaders look at the path to scale2024-10-21T17:12:22-07:00
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