OriginOil, Inc. (OOIL) announced that the company has agreed to partner with Research Institute of Tsukuba Bio-Tech (RITB), recently approved for funding to develop algae to jet fuel applications by Japan Science & Technology Agency (JST).

Headed by Tsukuba University professor emeritus and algae researcher Takaaki Maekawa PhD, RITB recently signed a Memorandum of Understanding (MOU) with OriginOil to develop and distribute systems in Japan for aircraft fuel production, algae to oil production, and other industry applications.

RITB was recently approved for funding by Japan Science & Technology Agency (JST) for two years of research and development activities based on its proposal to the agency. Professor Maekawa's presentation to JST can be found as a PDF on the RITB site.

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