Qponics is an agritech company based in Brisbane, the state capital of Queensland, Australia. The Company is applying the best available technologies to produce high-value nutraceutical and food supplements products and food protein from marine microalgae. These technologies are now integrated into the R&D-scale pilot algae farm, now upgraded to a small and largely automated commercial-scale facility, funded in part by Qponics’ $1 million CRC-P government grant. A video of the algae farm upgrade my be viewed below on this page.
Qponics has plans to build its large-scale commercial algae farm in northern coastal New South Wales, close to the Queensland border. This region has the perfect climate and plentiful affordable, flat agricultural land adjacent to clean tidal rivers perfect for farming marine microalgae.
We are excited at the prospect of entering the rapidly growing wholesale omega-3 essential oils market at a time in which the traditional marine animal sourced supply-chain is becoming constrained and uncertain as many fish species are in global decline.
Qponics is focused on the sustainable production of eicosapentaenoic acid (EPA) omega-3 oil, high-protein algal biomass and in the future many other high-value products from Australian strains of algae. EPA and DHA (docosahexaenoic acid) omega-3s are essential fatty acids not synthesised by the body. Many neurological, cardiovascular and degenerative diseases may arise from diets low in EPA and DHA.
StartupSmart article 23 September 2019: “A drought-proof farm”: This algae farm is leading the charge in Australia’s plant-based protein revolution“.
Qponics media release 18 September 2019: “Algae farming targets billion dollar alternative meat market“.