Timeframe
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2021 -2025 and beyond
Lead Researchers
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Professor Peter Ralph
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Professor Long Nghiem
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Dr Alex Thompson
SDGs
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13. Climate Action
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14. Life Below Water
Collaborators
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UTS Climate Change Cluster
- Posted on 15 Aug 2025
Algenie's mission is to revolutionize algae cultivation economics, making sustainable bioproduction financially competitive with fossil fuels while actively removing carbon from our atmosphere.
Building on a foundation of research by the UTS Climate Change Cluster (C3), Algenie is a biotech company harnessing the extraordinary carbon-capturing power of algae to address two urgent global challenges: reducing atmospheric CO₂ and replacing fossil carbon in manufacturing. Algenie’s technology optimizes light and CO₂ delivery to algae cultures, maximizing productivity while minimizing costs and spatial footprint.
The Green Genie proof-of-concept was developed at UTS in 2021 by Professors Peter Ralph and Long Nghiem, which has been built into an innovative system that efficiently directs CO₂ and light into algal production, capturing CO2 in the process. In 2024, Algenie was established as a UTS spin-out to commercialize this technology. Under the leadership of CEO Nick Hazell, John Martin and A/Prof. Mathieu Pernice, they have evolved the Green Genie proof-of-concept technology into the revolutionary "Helix" - a thin-layer photobioreactor that dramatically reduces production costs and spatial requirements while enhancing the algae’s productivity.
The Helix represents a significant advancement in algal cultivation technology, enabling economically viable biomanufacturing and carbon sequestration at commercial scale. By transforming CO₂ into valuable biomass for applications in food, materials, and energy, Algenie creates a profitable pathway for industries to reduce their carbon footprint while participating in the emerging bioeconomy.
