SeaStock is building a new sovereign Australian industry. It grows Asparagopsis in land-based modular systems in Western Australia. A dual-extraction process pulls R-PE and AlgaToro out of the same crop. The leftover biomass becomes a third product, so every harvest gets paid for more than once. The process is the subject of a provisional patent application filed in November 2022.
Fremantle runs four tanks holding 20,000 litres and makes about 184 g of R-PE a year. Oakford is built and paid for. Each house takes up to five photobioreactor tubes, with room for 30 across the site. BioFoundryOne, the first 50-metre tube, is commissioning now.
SeaStock also holds A$740,000 in FaBA co-investment running to mid-2028.