Pond Tech is a company that is helping solve the climate crisis through a unique bioreactor system. They utilize algae which, through photosynthesis, consumes CO2 from factories/smokestacks and turns it into breathable O2 while increasing their biomass at the same time. The excess growth can then be used in nutraceuticals, fish and animal feeds, bio-remediation, and biotech. $POND also has a few interesting things.
- 19 active US patents
- 3 main businesses: Naturals, carbon, and biotech
- Naturals: Currently the primary revenue generator. They manufacture and distribute nutraceuticals and ingredients.
- Carbon: Projects that reduce carbon by growing algae with stack gas. Revenue from access fees, royalties from licensing technology, consulting services, and sale of proprietary equipment
- Biotech: Improving algae production create an unprecedented cost advantage in the production of complex proteins to be applied to various human and animal therapeutic and diagnostic use.
$POND has a great product in a growing industry. Add that to the multiple revenue streams; it looks pretty cheap at $20M. They recently completed a $1.5M offering which will also help fund current operations.
As the concerns for climate change increase and as companies move towards greener solutions, $POND could become a key player in the carbon reduction industry.