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Apr 5, 2016 8:51 EDT

AlgaStar Mission to Mars – biotechnology R&D company for producing food, Co2 to pure oxygen & valuable biochemicals for earth & space utilization

iCrowdNewswire - Apr 5, 2016



Mission to Mars – biotechnology R&D company for producing food, Co2 to pure oxygen & valuable biochemicals for earth & space utilization.


  • $5 million with Company option to extend the offering to $20 million.
  • Interest rate 8% per annum, payable in arrears at the Maturity Date.
  • Note due July 1, 2019, convertible into shares of capital stock.


AlgaStar Inc. is a disruptive platform technology company in the field of algae cultivation primarily engaged in the commercialization, development and production of systems and technologies that can produce algal biomass yield on a commercial scale well in excess of currently available technologies by utilizing sustainable and environmentally friendly systems.Our innovative and proprietary design of the SolarMagnatronTM algae bioreactor enables both natural and artificial sunlight to be combined with electromagnetic field (EMF) energy in a single 4,000-gallon containment vessel, which we project will be capable of producing approximately a quarter to half ton (moist weight) of algae every 24 to 48 hours. To the best of our knowledge, we are the only company that is using EMF stimulation as a way to boost algae growth potential which gives us a significant advantage versus the competition.AlgaStar is algae agnostic, therefore our SolarMagnatron™ bioreactor was designed to be as versatile as possible and can be easily adapted to grow various strains of algae in salt, brackish or fresh water, which are all free or available at minimal cost to us and are capable of producing many different types of “green” products. The bioreactor is designed to continuously produce biomass by maximizing the use of natural sunlight during daylight by means of a device made primarily of fiberglass and flat glass reactors (red flat solar panel in the picture above). During the non-daylight hours, special acrylic lenses and glass panels containing high-efficiency lamps produce artificial light at a specific wavelength and power levels that are optimal for inducing algae photosynthesis.

Screen Shot 2013-07-09 at 2.08.43 PMIn addition, one of the most unique features of our bioreactor system is the introduction of a patent pending electromagnetic field generator, which radiates electromagnetic or microwave energy into the algae culture within the bioreactor. Our R&D showed that electromagnetic radiation provides an increase algal biomass production of at least 300% and higher.





Symbiotic Energy System

Our proposed SolarMagnatronTM Symbiotic Energy System (SES) is being created to be a complete algae-to energy and CO2 emissions control solution. The mutually symbiotic relationship we envision by combining our complementary technologies will enable production of energy-rich algal biomass to bio-crude oils, fuels and valuable chemicals. An integral part of the SES design is the capture of CO2 and other industrial waste emissions from fossil-fueled polluting plant‘s smokestack and their conversion into nutrients for algae biomass production or neutralization as part of a complete and much more cost-effective air pollution abatement system.

BMF SES Graphic (cover page)Based upon promising early results of prototype system tests performed by our air pollution control technology partner, QDS Science, large quantities of recoverable CO2 gases and other chemical emissions are convertible into algae feedstock capable of generating huge volumes of energy-rich algal biomass. The “bio-crude” produced from the algae biomass is an intermediate product that may be converted into renewable bio-fuel that may either be sold back to the host polluting plant for use in its products or fuel to supply heat or electricity to the plant, or sold directly into the alternative bio-fuels and/or chemicals market. Phases 2 and 3 of our planned development are intended to demonstrate that the technical symbiotic advantages associated with SES can be achieved and maintained when scaled up to commercial production levels.

To our knowledge, no other existing system currently matches the dual capabilities of our proposed SolarMagnatronTM Symbiotic Energy System to (1) produce large quantities of algal biomass and its resultant bio-crude and other products at a reasonable cost per ton and (2) to mitigate and/or eliminate smoke-stack pollutants and greenhouse gases cost-effectively.

As currently contemplated, a commercial-scale SES facility would require 200 bioreactor units, which could be accommodated within approximately 40,000 square feet of area or 1 acre, located either inside of a building or fully exposed in open sunny areas. The SES facility is expected to be built at a cost substantially below that of current commercially marketed algae photo-reaction systems. We believe our cost efficiency is achievable based upon anticipated high productivity, system stability, low or negative costs of water and CO2, and the minimal water evaporation and consumption rates associated with the controlled, closed loop system of the SolarMagnatronTM bioreactor.


Zachary Ericsson

Zachary Ericsson


John Ericsson

John Ericsson


Justin Ericsson

Justin Ericsson

Vice President of Finance and Marketing, Interim Director

Mr. Ericsson’s professional background combines extensive experience in software development, marketing, real estate, and creative financing.



Contact Information:

Zachary Ericsson

Justin Ericsson

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