Caribou Biofuels Co-Founder and CEO Kieran Mitchell and Sven Swenson, Co-Founder of AXIOM BioIndustrial Project Development Ltd. Co. (aka AXIOM BioDevCo) announce they have signed a Memorandum of Understanding to work together to pursue opportunities for deployment of Caribou Biofuels鈥� landmark mobile biomass processing units.听 Caribou鈥檚 Co-Founder Dr. Blake Simmons is the Division Director, Biological Systems and Engineering at Berkeley Lab, as well as the Chief Science and Technology Officer for the Joint BioEnergy Institute. As he continues to spearhead the further refinement of Caribou BioFuels鈥� technology, he brings his full wealth of knowledge and impressive experience to the table.
The Caribou units are arguably the most robust and effective mobile units conceived to date and are capable of processing all types of organic feedstocks into biochar and syngas. With plans to include an option to produce viable biodiesel to allow environmentally friendly powering of diesel equipment in remote locations, AXIOM is eager to help develop and deploy the mobile biochar/biofuel units. 鈥淐aribou Biofuels鈥� potential for making remote or temporary locations a viable feedstock option will empower a new level of responsible forest management,鈥� said Sven Swenson, Co-Founder, AXIOM BioDevCo.
AXIOM BioDevCo Co-Founders Steven Schaar and Dr. Barron Hewetson are equally energized by the developing technology and the planned improvements underway. AXIOM is a company focused on accelerating the path to Net Zero via project development of worthy projects for the bioeconomy. Services include project finance, feedstock and offtake brokering, as well as the full complement of project development resources. AXIOM aims to fit the right combinations of bioindustrial applications at each location to establish a true regional circular economy, and Caribou is poised to play a significant part in locations which align well with this developing mobile technology.
Acceptable feedstocks for the Caribou mobile units also include Municipal Solid Waste/MSW as well as excess woody biomass, with a focus on robust design, ease of deployment and ability to accept a wide variety of feedstocks largely without pretreatment. As such, there is great potential for locations with low to moderate periodic or concentrated MSW to embrace the circular economy without the large price point of a permanent facility, at least to start. In addition to forest management, potential immediate uses of the mobile units are for smaller landfills, stadiums, airports, and hotel/resort complexes, particularly those in remote or island locations.
The robust, mobile design has certainly caught the eye of the US military, which seeks to turn the historic liability of waste management at bases or remote encampments into a potential source of energy for military deployments. In 2022, congress passed the Pact Act, which funded $5 Billion for our soldiers’ healthcare and banned 鈥淏urn Pits鈥�. These typical trash 鈥淏urn Pits鈥� exposed soldiers to potential for significant injury or disease, and initial development of the Caribou鈥檚 technology was funded by the US Army through the State University of New York.听 Caribou Biofuels is working with the US military to deploy waste-to-energy machines that provide safe waste disposal and on-site fuel/energy for various sizes of bases.
Building on the investment of the US Army, The California Department of Forestry and Fire Protecting (Cal Fire) funded the development of larger mobile biomass machines. These machines reduce the cost of managing biomass by processing the wood chips on-site, eliminating costly feedstock shipping while generating revenue from the sale of biofuels, biochar and carbon credits. Project Developers and interested Investors are welcome to inquire to learn more.
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