Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Aquaflow signs agreement with Impulse Devices USA

Aquaflow signs agreement with Impulse Devices US

Firms to collaborate on creating next generation, low-cost clean energy source

AUCKLAND. NZ, December 1, 2010: Algal technology company, Aquaflow Bionomic Corporation announced today that it had signed a Memorandum of Understanding with Impulse Devices, Inc (IDI) of California, United States.

Aquaflow director Nick Gerritsen says that the companies intend to work together to develop next generation technology to produce low-cost, renewable energy and chemicals, among other applications.

Aquaflow is one of the world’s leading algal technology companies. Impulse Devices, Inc, which was founded in 1999, has become the world leader in high-pressure cavitation performance as well as being at the forefront of developing the technological capacity required for acoustic inertial confinement fusion (Acoustic ICF).

In essence, acoustic cavitation (AC) uses high frequency sound waves to form cavities, or microbubbles, in liquids. The microbubbles eventually implode producing high temperatures and energy. Acoustic cavitation devices may be built for a fraction of the cost of nuclear fusion reactors to produce relatively safe and low-polluting energy.

“This is another example of Aquaflow pushing the envelope and not simply sitting back and accepting some status quo view of the algae biomass sector. It is significant for a New Zealand-based company to continually attract and develop top tier international support and collaboration,” comments Gerritsen.

In addition, both companies are committed to long term wastewater remediation in man-made (oxidation pond) and natural (rivers and lakes) water sources. AC technology is also able to control algal growth and potentially improve water quality without producing toxic by-products.

“We are committed to making algae-derived fuels and chemicals a reality in the very near future. The ability to experiment and potentially apply the Impulse Devices’ technology may lead to faster advancement and the development of another pathway,” explains Gerritsen.

Dr Peter Nelson, VP Corporate Development at IDI, stated: “We are pleased to join forces with Aquaflow in order to explore the application of high-pressure AC to algae biomass processing. IDI is the world leader in pressurised AC and believes that by bringing its technology together with Aquaflow’s process, the energy cost of generating liquid bio-fuel can be substantially reduced.”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

RNZ: Porirua Most Expensive Region To Rent, According To Trade Me

A rental website shows this town is now New Zealand's most expensive region to rent a house, ahead of Wellington and Auckland cities. More>>

ALSO:


Stats NZ: Nearly 1,000 More Big Businesses Now Than Two Decades Ago – Media Release

There are now 2,690 big businesses in New Zealand employing more than 100 staff – nearly 1,000 or 58 percent more than 20 years ago, Stats NZ said today. Over the 20 years to February 2020, the total number of enterprises in New Zealand increased ... More>>

ALSO:

RNZ: Housing Boom Could Get Worse, Economist Warns

Economists are calling on the Reserve Bank to reinstate lending restrictions, warning the housing market is spiralling out of control. More>>

ALSO:

Westpac: Sets Out Plan To Go Cheque-Free

Westpac NZ has announced details of its plan to phase out cheques, after signalling in May that it would be supporting a move to other forms of payment. Cheques will cease to be available as a means of payment after 25 June 2021. Westpac NZ General ... More>>

ALSO:

NZTA: Major New Zealand Upgrade Programme Projects Go To Tender

Two major New Zealand Upgrade Programme projects are beginning tenders for construction. The New Zealand Upgrade Programme is a $6.8 billion investment to get our cities moving, to save lives and boost productivity in growth areas. The first Auckland ... More>>

Reserve Bank: RBNZ Seeks To Preserve Benefits Of Cash

The Reserve Bank – Te Pūtea Matua is taking on a new role of steward of the cash system “to preserve the benefits of cash for all who need them”, Assistant Governor Christian Hawkesby told the Royal Numismatics Society of New Zealand annual conference ... More>>

ALSO:


CERT NZ: Malicious Computer Virus Targeting New Zealanders

CERT NZ, the government agency which supports organisations and individuals affected by cyber security incidents, says a recent surge of increasingly sophisticated malware attacks is affecting everyday New Zealanders as well as large organisations. The ... More>>

ALSO:

Economy: NZ Small Business Recovery Continues In September

Xero, the global small business platform, today released its Small Business Insights (XSBI) for September revealing an uptick in small business jobs and year-on-year revenue growth in New Zealand. Nationwide, the average number of jobs in the small ... More>>

ALSO:


Courts: Businessman Eric Watson Sentenced To A Four-Month Jail Term

New Zealand businessman Eric Watson has been sentenced to a four-month jail term in the UK for contempt of court, TVNZ reports. More>>

OECD: Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More>>

Spark: Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities

Spark turned on 5G in downtown Auckland today and has partnered with Auckland Transport (AT) to showcase some of the latest in IoT (Internet of Things) technology and demonstrate what the future could look like for Auckland’s CBD with the power of 5G. 5G is ... More>>

Stats NZ: Monthly Migration Remains Low

Since the border closed in late-March 2020, net migration has averaged about 300 a month, Stats NZ said today. In the five months from April to August 2020, overall net migration was provisionally estimated at 1,700. This was made up of a net gain ... More>>