Sapphire Energy Anticipates “Significant” Revenue Stream From Monsanto Alliance

valuable traits for the use of algae in commercial agriculture, including crop protection, yield enhancement, stress tolerance, harvestability—all the things that allow you to produce and grow a crop like algae at low cost and enormous scale,” the Sapphire CEO said. “They are very interested in things like yield enhancement and higher stress tolerance for their primary products. What we are providing to them is a pipeline of trait genetics from our algal research that they are going to explore” in corn, rice, soybeans, and other high-value food crops.

In fact, Pyle said Sapphire has identified a number of algal traits, including genes for yield enhancement and stress tolerance, which it is making available to Monsanto. Sapphire has been using high throughput screening tools to identify hundreds of thousands of traits in various algal strains. The San Diego startup says it has not deployed an genetically modified organism into open ponds at its test and development site, but Sapphire has done extensive genetic engineering of algae in the laboratory.

“We face a common goal in looking for ways to improve upon an organism’s ability to achieve greater productivity under optimal and sub-optimal environmental conditions,” Robb Fraley, Monsanto’s chief technology officer, says in a prepared statement.

Monsanto is a leading producer of genetically engineered seed (critics like Greenpeace contend that the company provides the technology in 90 percent of the world’s genetically engineered seeds). In comparison to algae, which are single-cell organisms, corn and other crop plants have a huge number of genes.

“What they share in common that’s very exciting is all of the core metabolic machinery—photosynthesis, carbon fixation, nitrogen fixation, amino acid synthesis, sugar synthesis, oil synthesis, all of those things,” Pyle said.

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.