Periodic Reporting for period 2 - ASTEASIER (Novel and sustainable biotechnological approaches for astaxanthin and ketocarotenoids production)
Reporting period: 2024-01-01 to 2024-12-31
In WP1, UNIVR’s microalgal strains were successfully cultivated at an industrial scale in 1,000 and 5,000-liter photobioreactors at A4F. Results showed that ASTEASIER technology could produce AX at an industrial scale, with a maximum productivity of 114 mg AX m-2 day-1. A 1,000-liter pilot plant was installed at UNIVR, reaching 125 mg AX m-2 day-1 using the engineered Synechococcus sp. PCC 11901 BC strain.
WP2 involved a techno-economic analysis by A4F, which modeled different AX pricing scenarios, demonstrating that the natural AX herein developed can be competitive with synthetic AX. The LCA analysis, set from "cradle-to-gate," examined the environmental impact from raw material extraction to microalgae powder production. The carbon footprint ranged from 1.40 to 7.96 kgCO2eq/kgDW, while the water footprint ranged from 7.36 to 11.04 m3/kgDW. The lowest environmental impacts were seen in Synechococcus BC production, with the LCA showing Global Warming Potential values comparable to or lower than existing benchmarks.
In WP3, ASTEASIER products were tested for use in aquafeed with BioMar. Feed production completed at M13, and trials with Atlantic salmon began at M14 and finished at M18. Results showed that fish fed Synechococcus and synthetic pigment had higher redness and astaxanthin levels compared to other treatments. While synthetic AX incorporated better into the flesh, similar pigmentation was achieved with Synechococcus BC biomass.
WP4 focused on the Tech to Market Transition. Day One evaluated profitability, identifying AX market segments and potential customers. The IPR strategy was strengthened, leading to international extension for algae biomass and aquafeed production. A B2B sales Business Model canvas was developed, targeting feed, nutraceutical, and cosmetics industries. Economic and financial projections for ASTEASIER srl were completed, with the new company launched on M19. ASTEASIER srl negotiated exclusive licensing with UNIVR, raised private investment, and is set to enter the market in 2025.
1) The demonstration that novel platforms for the production of natural AX from microalgae can be obtained by the cultivation of ASTEASIER strains in industrial facilities. These results represent a change in the paradigm for AX production: up to now, natural AX in the market is produced from bacteria in a carbon-emitting process or from the costly cultivation of two phases (a green and a red phase) of the green alga Haematococcus pluvialis. Here, natural AX can be produced in a single cultivation phase assimilating CO2 and adopting the microalgal strains at the base of ASTEASIER technology.
2) Novel aquafeed formulation was obtained by BioMar substituting synthetic AX with AX-enriched biomass produced by microalgae. This formulation provides not only AX but also other important nutritional compounds such as omega-3 and proteins.
3) AX produced by the novel microalgal strains developed in the ASTEASIER project could substitute synthetic AX in feed trials performed by BIOMAR in industrially relevant environments. This result was specifically obtained in the case of AX produced in the Synechococcus BC strain, the most performing strain in terms of AX productivity
4) ASTEASIER products were characterized by favorable LCA parameters, such as carbon and water footprint compared to the state-of-the-art
5) An industrial process was developed allowing to separately extract AX, omega-3 and phycocyanin from the microalgal biomass produced
A business model and business plan for tech-to-market activities were defined, leading to the launch of a start-up called ASTEASIER srl, which will take care of the next steps to enter the market (see below). The start-up, launched in July 2024, was already able to raise funds from private investors, and it is now in the fundraising stage to enter the market in 2025 and enlarge its production capacity.
The main achievements needed by the ASTEASIER technology to reach the market are the industrial validation of the extraction process (required to enter the nutraceutical market), the definition and achievement of the certification required to enter into the feed market, and obtaining the necessary funds to set up a production plant that can fulfill the demand of our potential customers, such as Biomar.