Biodico

Company profile

Biodico company profile

Biodico is one of the oldest and most experienced biofuel companies in the world. Biodico has worked with the U.S. Navy and the California Energy Commission (CEC) to develop advanced biofuel technologies. Biodico signed its first Cooperative Research And Development Agreement (CRADA) with the Navy in 2002 and just expanded that agreement in July of 2015. The technologies which Biodico has developed are ready for commercialization and include (1) feedstocks (algae, jatropha, brassicas and others), (2) process control (the use of automation, remote sensing, Fourier Transform Near Infrared and Wave Guided Radar), and (3) a distributed neural network for centralized command, control and support for decentralized facilities. Biodico's technology is uniquely suited for multiple feedstocks, fast and inexpensive modular construction and deployment, enhanced throughput with reduced operating costs, and increased monetization of renewable fuel and energy incentives. BI has built, operated and sold several biodiesel plants over the years both domestically and internationally as well as worked with government leaders in drafting legislation and regulations that help promote biofuels.. BI is now raising pre-IPO funding for the purpose of building, owning and operating 9 new biofuel production facilities. The first plant (18 MGPY) is coming online in August 2015 with the second in the first quarter of 2016, leading to a NASDAQ IPO by the end of 2016.