SAPPHIRE ENERGY GROWS LEADERSHIP TEAM, NAMES DISTINGUISHED BIOTECH EXPERT AS SENIOR VP OF PRODUCT MANAGEMENT
"Sapphire is moving forward with its vision of commercializing its technology through several end markets,” said James E. Levine, CEO and president of Sapphire Energy
SAN DIEGO, January 27, 2015 – Sapphire Energy, Inc., one of the world’s largest producers of renewable solutions from algae, today announced that Dr. Jim Astwood has joined the company as senior vice president of product management. In this role, he will lead several of Sapphire’s expanded business development efforts, with a near-term focus on applying its renewable algae-based technology to address a growing need for reliable sources of human nutraceuticals, animal/aquaculture feed, and more.
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The Sapphire Solution
Sapphire is a venture capital backed company founded in 2007 for the purpose of growing and processing micro-algae into products that serve very large and diverse markets where the unique attributes of algae provide valuable solutions. Sapphire’s world-leading technology uses sunlight, CO2, non-potable water, non-arable land, nutrients, and novel strains of algae in outdoor ponds to produce algae which we then convert into high-value oils, aquaculture and animal feeds, fuels and other valuable products. Our process is economic, scalable and sustainable as we don’t compete for farmable land or fresh water, and we absorb and reuse CO2 emissions. Continue Reading: our story >>