September 15, 2011
Company Recognized for Creating New Opportunities in Green Technology with Innovative Algae-Based Platform
Aurora Algae today announced that it has been chosen by AlwaysOn as one of the GoingGreen Global 200 winners. Inclusion in the GoingGreen Global 200 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Aurora Algae was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.
"It is an honor to be recognized by AlwaysOn as a GoingGreen Global 200 winner," said Greg Bafalis, CEO of Aurora Algae. "This award acknowledges our dedication to cutting edge science, innovative high-tech farming, and a realistic approach to developing a highly scalable, profitable business."
Aurora Algae and the GoingGreen Global 200 companies will be honored at AlwaysOn's GoingGreen Silicon Valley event on September 27, 2011, at San Francisco City Hall in San Francisco, Calif. This two-and-a-half-day executive event features CEO presentations and high-level debates on the most promising emerging green technologies and new entrepreneurial opportunities
"Picking this year's GoingGoing Global 200 was a very competitive process, as literally dozens of great greentech companies are emerging out of the pack, raising big money, and gaining significant market traction," says Tony Perkins, founder and editor of AlwaysOn. "This year's winners clearly represent some of the highest-growth opportunities we've seen in the private company marketplace and underscore that many of the greentech sectors VCs have been betting on are booming."
The GoingGreen Global 200 winners were selected from among thousands of domestic and international greentech technology companies nominated by investors, bankers, journalists, and greentech industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2011 list.
Aurora Algae combines proprietary algae strains and a production process, which uses arid land, seawater, sunlight and captured carbon pollution from industrial emitters, to grow its algae in an environmentally-sustainable manner. Leveraging its photosynthetic algae platform, the Company can simultaneously produce a vegetarian food source and renewable biofuel products, year-round with a single crop. Aurora Algae's A2 product portfolio is uniquely sustainable, scalable and flexible to address growing demand in the explosive nutrition, aquaculture, pharmaceutical and energy markets.
A full list of all the GoingGreen Global 200 winners can be found on the AlwaysOn website.
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.
Aurora Algae is a producer of high-performance, premium algae-based products for the pharmaceutical, nutrition, aquaculture and fuels markets. The Company has developed the industry's first commercial-scale photosynthetic platform for sustainable, algae-based product development. Aurora Algae's proprietary algae strains and production process uses arid land, seawater and captured carbon pollution from industrial emitters resulting in more capitally efficient and more environmentally sustainable algae farming. Aurora Algae enables its customers and partners to improve the diversity and sustainability of their product portfolios, while addressing consumer demand for natural products. For more information, please visit http://www.aurorainc.com.