Sargassum R&D
Stage 1 - Completed
We have already successfully built and operated a test farms 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
Learn how Sargassum behaves
Develop a method to domesticate it
Develop both floating and anchored farms that keep Sargassum healthy and growing
SeaClear
Stage 2 - In Progress
Go to the Caribbean and help hotels keep their beaches clean of influxing Sargassum. We will establish our first five small-scale SeaClear farms in partnership with a hotel. 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 can be used for biochar credits or testing our biomass sinking methodology.
Location
Caribbean
Outcomes
Test operations and develop training methods for scaling up
Conduct detailed 3rd party environmental impact assessments
Build the demand for Sargassum derived products
Provide a better solution to an existing problem, for a similar price hotels currently pay, and avoid putting Sargassum in landfill
We will turn a profit as a company with just 5 SeaClear installations
Grow partnerships with offtake agreements for Biochar, Biostimulants, Bioplastics and more
Once we have proven all elements of our SeaClear farms we will scale up to build our first 60 paddocks. Will will have operational sales channels for offtake of the feedstock for green industries.
Location
Scale up across the Caribbean region
Outcomes
60,000 m2 (60 paddocks), nearshore and anchored in the Caribbean
Start to supply bigger markets for Sargassum, funded by investors (each farm becomes an SPV) so still low risk to Seafields
Achieve profitability at a site level
Build blueprint for scale
Start to develop licensing model from 10 farms onwards
SeaGrow
Stage 4 - In Planning
Outcomes
360,000 m2 farms nearshore in the Caribbean
Expanding beyond just the natural influxing Sargassum and growing significant volume for commoditised markets
Grow to 10,000 km2 in size, roughly the same surface area as Jamaica, which provides a 100 megatonne CO2 abatement opportunity and a potential $billion profit opportunity
Stage 3 - In Planning
The Giga Farm will be made up of many smaller, modular farm components. See below from this to this…
Open Ocean
Stage 5 - Vision
Finally we will start to deploy our floating farms in the open ocean. 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
0.7 million km2 farm, which is the size of the current South Atlantic garbage patch
Provides an 8Gt CO2 abatement opportunity
Potential trillion-dollar revenue opportunity
Merge/join with delivery partners to achieve this scale
Heal the climate and restore our ocean