20. Sep 2024

US Department of Defense will fund development of biobased diisocyanate

US Department of Defense will fund development of biobased diisocyanate

Algenesis Corporation (San Diego,CA, USA) is excited to announce that it has received a $1.5 million award from the Department of Defense’s Distributed Bioindustrial Manufacturing Program (DBIMP). This funding will support the planning and development of a new domestic facility focused on producing diisocyanates, essential precursors for polyurethanes.

The DBIMP, a key initiative under the White House’s Executive Order 14081 aimed at bolstering the U.S. bioeconomy, announced the latest 12 awards, which brings the total number of awards to 25 and the overall funding to $42 million. Algenesis is honored to be among the esteemed group of recipients, which includes Air Protein, Bluestem Biosciences, and Danimer Scientific. Dr. Aprille Ericsson, Assistant Secretary of Defense for Science and Technology, emphasized the significance of the program: “The bioindustrial manufacturing industry embodies the American values of innovation and entrepreneurship that are essential to a flourishing domestic industrial base. These awards not only support the commercial viability of bioproduction and biobased materials, but also empower this industry to contribute to national security as well as our economic prosperity.”

Algenesis Corporation’s planned facility will play a crucial role in establishing a reliable, domestic supply of biobased diisocyanates, thereby strengthening the U.S. bioindustrial manufacturing sector and enhancing supply chain stability.

Stephen Mayfield, CEO of Algenesis Corporation, shared his enthusiasm: “We are thrilled to receive this significant support from the Department of Defense. This award is a testament to our commitment to advancing sustainable materials and will enable us to contribute to both national security and industrial resilience. Our planned facility represents a key step towards securing a domestic supply of critical components for polyurethanes.”

Dr. Ryan Simkovsky, CTO of Algenesis Corporation, added, “The funding from the DBIMP allows us to accelerate the development of a state-of-the-art production facility. We are excited about the opportunity to drive innovation in bioindustrial manufacturing and to support the broader goals of the U.S. defense and bioeconomy sectors.”

Dr. Laura Taylor-Kale, Assistant Secretary of Defense for Industrial Base Policy, highlighted the importance of these efforts: “Each DBIMP award demonstrates how the DoD is committed to harnessing the innovation and advanced capabilities coming from industry. Expanding domestic biomanufacturing capacity brings stability to supply chains and furthers our efforts to build a modernized defense industrial ecosystem.”

last year, Algenesis announced a development of biodegradable Polyurethane (TPU)

www.algenesislabs.com
www.defense.gov/News/Releases/Release/Article/3904890/

picture source: https://abcnews.go.com/

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