Dépêches

Solazyme Announces Successful MH 60S Seahawk Helicopter Test Flight on a 50/50 Blend of Algal Derived Solajet®HRJ-5 Jet Fuel

Dépèche transmise le 20 juin 2011 par Business Wire

Solazyme Announces Successful MH 60S Seahawk Helicopter Test Flight on a 50/50 Blend of Algal Derived Solajet®HRJ-5 Jet Fuel

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Solazyme, Inc. (NASDAQ:SZYM), a renewable oil and bioproducts company, announced today that the US Navy successfully demonstrated Solazyme’s 100% algal-derived jet fuel, Solajet®HRJ-5, in an MH-60S Seahawk helicopter test flight in a 50/50 blend with petroleum-derived jet fuel. This marks the first military aircraft to fly on an algal-based jet fuel in history. This test flight preceded the historic announcement by ASTM International that it has preliminarily approved biofuel from algae and other renewable sources to be blended with traditional jet fuel on commercial flights worldwide, with formal approval expected sometime in July.

“We applaud ASTM International and the ATA and CAAFI for their efforts to advance the world’s newest and most sustainable fuels for aviation. The aviation industry has demonstrated a strong leadership position in fuel supply diversification and sustainability, and today’s announcement is a major step in its efforts to commercialize advanced low-carbon biofuels,” said Jonathan Wolfson, CEO, Solazyme.

“Solazyme is honored to be working with the US Navy and DLA-Energy in driving forward the testing and certification process for advanced biofuels. The successful flight demonstration of the Seahawk helicopter on a 50/50 blend of Solajet®HRJ-5 and petroleum-derived jet fuel marks a significant milestone in this process, and reinforces the Navy’s commitment to securing our nation’s energy supply.”

Honeywell UOP was the refining partner on the jet fuel delivery, and has been working with Solazyme since 2009 on multiple contracts with the US military.

To date, Solazyme is the only company to provide the US Navy with microbially-derived advanced aviation and marine fuel. These advanced biofuels are drop-in replacements to petroleum-based fuel, requiring no modification to engines or military logistics infrastructure. The fuels also meet Section 526 of the Energy Independence and Security Act of 2007.

For more information on the MH 60S Seahawk helicopter fuel and a Riverine Command Boat demonstrations on Solazyme’s Soladiesel®HRF-76 fuel, please see the videos below:

The U.S. Navy Successfully Demonstrates Solajet®HRJ-5 fuel

The U.S. Navy Successfully Demonstrates Soladiesel® HRF-76 fuel

About Solazyme, Inc.

Solazyme, Inc. is a renewable oil and bioproducts company that transforms a range of low-cost plant-based sugars into high-value tailored oils. Headquartered in South San Francisco, Solazyme’s renewable products can replace or enhance oils derived from the world’s three existing sources – petroleum, plants and animal fats. Initially, Solazyme is focused on commercializing its products into three target markets: (1) fuels and chemicals, (2) nutrition and (3) skin and personal care. Solazyme's oils and fuels provide compelling solutions to increasingly complex issues of fuel scarcity, energy security and environmental impact while fitting into the pre-existing multi-trillion dollar fuel infrastructure. For more information, please visit our website: http://www.solazyme.com

Solazyme®, the Solazyme logo and other trademarks or service names are the trademarks of Solazyme, Inc.