Address: 100 Magnolia Road, Suite 2234
Zip Code: 28374
Phone Number: 910-420-1150
Web Site: http://www.avjetbiotech.com
Established in 2010 and based in Pinehurst, N.C., Avjet Biotech, Inc. (ABI) has completed a license agreement to commercialize all patents and intellectual property related to the biofuels program at NC State University by Dr. William L. Roberts, Professor and Director of Applied Energy Research Laboratory, including products for the pharmaceutical and fine chemical industries from genetically modified marine microalgae.
As the exclusive licensee for the commercialization of these technologies, ABI will sell stock and use the funds raised to reimburse the university for its investment in patent applications, as well as allocate development capital to create a continuous production model for the biofuel refining system. The license agreement is global in scope and extends to 22 foreign countries where patents have been filed.
Avjet Biotech has developed the Red Wolf Refining System, a unique patented refining technique that uses a thermal catalytic process to refine any triglyceride into aviation biofuels. The RWR System is under development for sale as a small distributive refining system to global entities or foreign governments that aspire to produce aviation biofuels from native feedstocks. Red Wolf has been approached by global corporations and foreign governments for sub-licenses for its RWR System.
ABI’s other division is Pinehurst Biologics, which produces patented enzymes and algal oil for aviation biofuel feedstock.