Alitech's Algae Fuel Technology

Alitech is focused on securing fuel independence sustainably by using algae as a renewable resource. The world heavily relies on diesel and jet fuel, which are depleting rapidly. Algae offers a sustainable alternative, capable of producing oil and biomass for fuel. Alitech has developed scalable technology to grow algae efficiently, offering cost-effective and environmentally friendly fuel solutions. Their technology is recognized for low water use and carbon capture. Alitech aims to expand globally through strategic alliances and self-funded projects.

What are some of the uses of diesel mentioned in the video?

• Powering bicycles

• Cooking food

• Fueling spacecraft

• Generating electricity in remote areas

What is a major challenge associated with fossil fuel reserves?

• They are environmentally friendly

• They are easy to access

• They are depleting quickly

• They are increasing rapidly

What makes algae a promising source of renewable fuel?

• It requires no sunlight

• It grows slowly

• It is not scalable

• It can produce both oil and biomass

How does Alitech's technology grow algae?

• In dark rooms

• Using underground tunnels

• In open ponds

• In 40ft shipping containers with solar light

What is a key feature of Alitech's solution recognized internationally?

• High water usage

• Low water usage

• Inability to capture carbon dioxide

• Non-modular design

What are the main components of the algae after processing?

• Water and sand

• Wood and stone

• Oil, sugar, and protein biomass

• Metal and plastic

What fuels can be produced from the refined algae products?

• Hydrogen and helium

• Coal and natural gas

• Biodiesel, jet fuel, and ethanol

• Gasoline and kerosene

How does the cost of Alitech fuel compare to current crude oil prices?

• It is the same price

• It is approximately half the price

• It is twice as expensive

• It is three times more expensive

What is Alitech's strategy for securing profits?

• Selling only in local markets

• Focusing on non-renewable resources

• Strategic joint alliances or self-funded projects

• Relying solely on government funding

What is the main business focus of Alitech?

• Manufacturing traditional fossil fuels

• Delivering algae growth systems for cost-competitive fuels

• Producing solar panels

• Building electric vehicles