Corporate Overview
Parabel provides renewable technology and solutions to address the global demand for new economical sources of food, feed and fuel. Its objective is to be the leading global provider of technology and processes for the commercial production of mico-crop biomass. Parabel has developed proprietary technology, which it believes will allow its customer licensees to grow aquatic micro-crops at accelerated rates for conversion into products for both agriculture and energy markets. It seeks to license this renewable technology to meet the significant and growing demand in these markets in both emerging and developed economies. Furthermore, Parabel expects that its solution will deliver strong and consistent economic returns to its customer licensees as a consequence of continuous, predictable, year-round operations without the need for government subsidies.
Parabel's strategy is to license and provide management support for micro-crop production facilities in equatorial regions around the world. Its solution is scalable and flexible, which it believes will allow its customer licensees to expand in order to meet market demand. Parabel intends to generate revenue from licensing fees and royalties primarily from customer licensees. Its licensing approach is designed to minimize its capital expenditures because its customer licensees will be expected to invest in the development and construction of the production facilities.