Gevo Inc (GEVO)

[BottomBounce]

$GEVO On October 9, 2017, Gevo announced that the U.S. Department of Energy’s (DOE) Chemical Catalysis for Bioenergy Consortium (ChemCatBio) had awarded funding to Los Alamos National Laboratory, National Renewable Energy Laboratory, Argonne National Laboratory and Oak Ridge National Laboratory in support of two collaboration projects with Gevo. The first project is focused on improving the energy density of certain Gevo hydrocarbon products, such as its alcohol-to-jet-fuel (ATJ), to meet product specifications for tactical missile fuels, which are currently purchased by the U.S. Department of Defense. The goal of the second project is to fine-tune the composition of the catalyst used in Gevo’s proprietary Ethanol-to-Olefins (ETO) process, in order to improve performance and accelerate scale-up efforts.