WESTMINSTER, CA — BioLargo, Inc. (OTCQB:BLGO), developer of sustainable technologies and a full-service environmental engineering company, announced that it has commenced a Regulation Crowdfunding offering (details at waterworksfund.com/biolargo) through its wholly-owned subsidiary BioLargo Water Investment Group, Inc. ("BWIG") to support efforts to launch its patented water treatment technology into the $246 million poultry processing market.
Every year, nine billion chickens are processed in the United States, creating approximately 60 billion gallons of contaminated wastewater. The new technology, developed by BioLargo through its Alberta-based Canadian wholly-owned subsidiary of BWIG, can efficiently treat this polluted water, enabling safe wastewater discharge and even water reuse.
BioLargo Water's treatment technology, called the Advanced Oxidation System (AOS), eliminates bacteria, viruses, and other pathogenic organisms, and can reduce pharmaceuticals and antibiotics. It is more effective in removing water contaminants than most standard systems typically used to treat industrial wastewater, and the treated water is clean enough for safe discharge to the environment or reuse in the facility.
BioLargo Water's treatment technology also uses less power and is more affordable to purchase and operate than chlorination, ozonation, and UV radiation, providing additional cost savings to processors.
BioLargo Water's technology has been tested at a poultry farm in Canada, a microbrewery in Southern California, and at a stormwater site in Southern California. After launching into the poultry processing market, BioLargo Water intends to enter the $44 billion markets of stormwater, food and beverage, municipal, industrial, oil and gas, and agriculture wastewater.
BioLargo Water has been awarded over 70 grants for development and commercialization of water treatment technology, is supported by more than 20 industry and academic collaborators from around the world, and has received financial support from innovation-centric agencies in Canada and the United States, including the Metropolitan Water District of Southern California.
To learn more, visit www.waterworksfund.com/biolargo.
