News & Press
OPXBIO Selected to Showcase Technology at 2011 ARPA-E Energy Innovation Summit
OPXBIO, Dow, Lockheed Martin to be featured at D.C. event Feb. 28 – March 2
BOULDER, Colo. – Feb. 24, 2011 – OPX Biotechnologies Inc. (OPXBIO), is excited to announce its selection for the prestigious Technology Showcase at the ARPA-E Energy Innovation Summit, co-hosted by the Department of Energy’s Advanced Research Projects Agency – Energy (ARPA-E) and the Clean Technology and Sustainable Industries Organization (CTSI). Hundreds of top technologists and cutting-edge clean tech organizations competed to participate in the Showcase, a hallway of America’s most promising prospects for winning the future in energy.
As one of ARPA-E’s selected organizations, OPXBIO will exhibit its EDGE™ (Efficiency Directed Genome Engineering) technology platform, which enables rapid, economical and sustainable development of renewable chemicals and fuels, to nearly 2,000 national leaders gathering to drive long-term American competitiveness in the energy sector, including top researchers, investors, entrepreneurs, corporate executives and government officials. More than 200 groundbreaking technologies from ARPA-E awardees, corporations, National Labs and Department of Energy R&D programs will be featured at the event.
“This Summit brings together organizations that understand the need to collaborate and partner to bring the next generation of energy technologies to market,” said Charles R. (Chas) Eggert, president and CEO of OPXBIO. “It’s a rare and exciting opportunity to have so many key players in the energy community together under one roof, and we look forward to sharing with other innovators and investors at the Technology Showcase the milestones we’ve achieved in developing our first product, BioAcrylic, as well as renewable diesel and jet fuel.”
Research and business development teams from 14 Corporate Acceleration Partners committed to technology commercialization will also be present including Dow, Bosch, Applied Materials and Lockheed Martin.
The Summit also features high-profile speakers including U.S. Energy Secretary Steven Chu, ARPA-E Director Arun Majumdar, U.S. Navy Secretary Raymond Mabus, former California Governor Arnold Schwarzenegger and Bank of America Chairman Charles Holliday.
The second annual ARPA-E Energy Innovation Summit will take place February 28 - March 2, 2011 at the Gaylord Convention Center just outside Washington, D.C. To learn more or to register please visit: www.ct-si.org/events/EnergyInnovation.
About OPXBIO
OPXBIO uses its proprietary leading EDGE™ (Efficiency Directed Genome Engineering) technol-ogy to manufacture renewable bio-based chemicals and fuels that are lower cost, higher return, and more sustainable than existing petro-based products. With unprecedented speed and capital efficiency, in just 18 months OPXBIO has developed and piloted the microbe and bioprocess that will produce its first renewable chemical product - BioAcrylic - at lower cost than petro-acrylic with a 75% reduction in green house gas emissions. The company’s second product is diesel fuel bio-processed from carbon dioxide and hydrogen. OPXBIO has raised $22.4 million with venture in-vestors Mohr Davidow Ventures, Braemar Energy Ventures, Altira Group, and X/Seed Capital.
For more information, visit http://www.opxbio.com.
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