The University of Wyoming finalises spin-out agreement with biomass startup Planktomics Algae Bioservices.

US-based biomass startup Planktomics Algae Bioservices (PAB) has signed a license agreement with the University of Wyoming (UW).

Under the terms of the agreement, PAB will have to right to develop and commercialise technologies designed to maximise algae growth developed at Wyoming for use in agricultural and industrial sectors, in return for an unspecified equity stake in the firm. PAB has filed five patents that control unwanted algae and low-cost biological harvesting methods of algal biomass.

PAB, led by principal…

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