Xoma

Benefits and Market Potential
This development allows farmers to offer fresh algae year-round, increasing the attractiveness of their products. Furthermore, the CLAS system's ability to control parameters such as water temperature and nutrient content enables a broader cultivation of different algae species. This means that more offshore farmers can become Xoma customers, as the system addresses two of their key challenges in a single solution.

Strategic Significance
At Xoma, we are convinced that this innovation will open new business opportunities and strengthen our market position. Furthermore, it clarifies our role as a technology company rather than a seaweed producer, where our customers are the ones managing the cultivation. Through this, we jointly create a larger and more sustainable market for algae production.

This advancement of the CLAS system strengthens Xoma's offering and positioning within the industry. By enabling year-round production and increased flexibility for farmers, we see significant market potential and growth opportunities ahead.