Biolargo Inc - BLGO stock

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OTC Symbol: BLGO | OTC Tier: OTCQB

Introduction

About BioLargo

BioLargo, Inc. is an organization that creates, advances, and brings to market a range of platform technologies. These technologies address complex environmental issues, including but not limited to water pollution caused by per- and polyfluoroalkyl substances (PFAS), advanced methods for water and wastewater treatment, management of industrial odors and volatile organic compounds, air quality regulation, infection prevention, and various forms of environmental cleanup. Additionally, the company offers comprehensive environmental engineering services. BioLargo, Inc. was established in 1991 and is headquartered in Westminster, California.

History

BioLargo traces its roots back to 1991, when it started as an environmental engineering company with a focus on providing services related to air and water quality. In its early years, BioLargo primarily offered environmental consulting and engineering services to address various environmental challenges, including air quality control, wastewater treatment, and odor control. One of the key milestones in BioLargo's history is the development and patenting of its Advanced Oxidation System™ (AOS) technology. The AOS is a water treatment platform designed to effectively treat water by removing contaminants and disinfecting it. This technology has applications in various industries, including industrial wastewater treatment and municipal water treatment. Over the years, BioLargo expanded its operations and diversified its portfolio to include products and services aimed at solving challenging environmental problems. This includes solutions for odor and volatile organic compounds (VOC) control, as well as addressing issues related to per- and polyfluoroalkyl substances (PFAS) water contamination. One of BioLargo's notable products is CupriDyne Clean, an industrial odor eliminator designed to eliminate odors and air contaminants in industrial settings. CupriDyne Clean is known for its safe and environmentally friendly approach to odor control.

Companies

BioLargo Water

BioLargo Water has developed an economical solution for wastewater treatment suitable for a wide range of industrial and municipal uses. Their patented technology, known as the Advanced Oxidation System™ (AOS), is a water treatment platform designed to disinfect water by targeting bacteria, viruses, and protozoa while effectively removing challenging organic contaminants that are typically hard to treat. Importantly, it consumes less electricity than any competing technology, making it a more cost-efficient option. The AOS is proficient at eliminating stubborn micropollutants from water, reducing the harmful environmental impact of these substances. This system has the capability to offer high-efficiency and affordable water treatment across various sectors, including livestock and agriculture, oil and gas, municipal tertiary, stormwater management, pharmaceuticals, heavy industry, and mining.

ONM Environmental

ONM specializes in products and services related to odor and volatile organic compound (VOC) removal, municipal solid waste (MSW) construction, and MSW consulting. One of their standout offerings is CupriDyne Clean, an industrial odor eliminator that provides a completely safe and gentle solution for eliminating bothersome odors and airborne contaminants. This product enables industrial facilities to eradicate odors rather than just masking them with fragrances. CupriDyne Clean employs a straightforward and safe approach, using oxidation to break down odors. It is both effective and budget-friendly while also being environmentally conscious. ONM also offers construction services to implement their product in various industrial facilities.

BioLargo Engineering

BioLargo Engineering provides environmental engineering services using innovative technology. The company also manufactures water and air treatment products, and have worked with well known companies such as Walmart, Merck, Abbott and Schering-Plough.

Clyra Medical

Clyra produces wound care products employing an oxidative chemistry, which it believes is effective against a variety of microorganisms.

Business Model

The company generates revenue through sales of its products, long-term service contracts, licensing its technology to third parties, strategic partnerships and joint ventures, and selling intellectual property.

Key Revenue-generating Projects

Improvement of PFAS Removal System

The project aims to further improve its existing water treatment PFAS removal system with its advanced version, the AEC (Aqueous Electrostatic Concentrator) system. The system removes harmful per- and polyfluoroalkyl substances (PFAS) from water at a significantly lower cost than other commonly-used methods.

Minimal Liquid Discharge Wastewater Treatment System

The company’s engineering services division, BLEST, is developing the wastewater system in collaboration with an industrial water treatment company Garratt-Callahan. The system is based on Garratt-Callahan exclusive and intellectual technology, a cost-effective method of treating wastewater that also reduces industrial wastewater discharge.

Pet Odor Control Product

The company has licensed a pet odor removal and a laundry additive product to its partners, Ikigai Marketing Works, LLC. The venture was formed to build a new and disruptive pet odor control brand to be sold at big retailers, such as Walmart and Target.