Test Farm

September ‘23 – November ‘23

We have already successfully built and operated a test farm on the island of St. Vincent. We have several remaining knowledge gaps, which we will fill in a three-month extended trial. The farm will be constructed using our proprietary barrier technology.

Location

St. Vincent and the Grenadines (SVG)

Outcomes

• Prove year-round stable stock

• Measure impact of farm on dissolved oxygen and pH of water in and around farm

• Characterization of fish biodiversity

• Definitive calculation on growth rates

Validation Farm

May ‘24 – May ‘25

We will establish our first small-scale ‘Catch & Grow’ farm to test commercial viability. This will involve building a 1,000 metre barrier to catch Sargassum in a channel where it regularly influxes, before moving the seaweed to a stationary farm nearby. The Sargassum can then be used in industry and any remaining biomass will be sunk at our deep-sea deposition site.

Location

Caribbean

Outcomes

• Generate first revenues from feedstock sales

• Finalise carbon credit methodology

• Test operations and develop training methods for scaling up

• Conduct detailed 3rd party environmental impact assessments on the farm and deep-sea deposits

May ‘25 Onwards

Once we have proven all elements of our farming and sinking operations we will scale up to build our first three full farms in 2025. We then aim to work with delivery partners to scale operations up to 100 farms in the region by 2030. When sales channels for credits and biostimulants are established we will expand across the region.

Location

Scale up across the Caribbean region

Outcomes

• Achieve profitability at a site level

• Build blueprint for scale

• Start to develop licensing model from 10 farms onwards

• Ultimately scale to as much as 6,000km2 of farms in the region

Scaled Farm

The Giga Farm will be made up of many smaller, modular farm components.

Giga Farm

2026 – onwards

Finally we will start to deploy our floating farms in the open ocean from 2026. By this stage we will have developed the technology for artificial upwelling, which will unlock open ocean aquafarming. Currently this area of ocean is effectively a desert and establishing upwelling there will bring necessary nutrients to the surface for the Sargassum to prosper, creating oases in the desert.

Location

South Atlantic gyre

Outcomes

• Remove all roadblocks to scaling to 1Gt+ CO2e removal

• Merge/join with delivery partners to achieve this scale

• Heal the climate and restore our oceans