Seastock Pty Ltd

A new sovereign Australian industry. One crop, three products.

About Us

SeaStock is an Australian marine biotechnology company. It grows Asparagopsis on land in Western Australia, and one crop yields three products.

RubySea is a high-purity R-Phycoerythrin (R-PE), a fluorescent protein used in medical research and diagnostics. AlgaToro is an all-natural cattle additive that cuts methane and lifts productivity. The leftover biomass is a high-protein, high-energy by-product.

Australia imports every gram of R-PE it uses. There was no sovereign supply until now.

Company Overview

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.

Board & Management

Bryant McLarty

Bryant McLarty

Founder and Executive Chairman

Bryant is an Australian Financial Services Licensee with 25+ years’ real experience in Equities & Capital Markets. Founder, Chairman and Director of many successful Private, ASX and LSE companies. Current Chairman of Mac Equity Partners and Executive Director of Universal Biosecurity.

Past directorships include London Stock Exchange listed aircraft leasing company Avation (AVAP), ASX listed hydrogen and graphite production company Hazer Group (HZR), portable brain scanner technology development company EMvision (EMV), PharmAust (PAA) and synthetic chemistry business Epichem. IPO lead manager for Remsense, Wide Open Agriculture (WOA), Nanollose (NC6), Pharmaust (PAA), EMvision (EMV) and Hazer (HZR).

Tom Puddy

Tom Puddy

Managing Director

Tom has 27 years of corporate Australian Agricultural and Food Industry experience with a strong track record in project delivery, growth strategies, international trade marketing and commerce. He is also currently the CEO of Universal Biosecurity Ltd, delivering a sustainable fumigation technology solution for invasive pests.  

His key career experience that will benefit SeaStock’s growth include;

  • Developed and implemented a bulk wheat export marketing strategy for Co-Operative Bulk Handling (CBH) during the grain industries deregulation period.
  • Created the investment strategy and project delivery for Blue Lake Milling - Australia’s largest oat milling and food processing business.
  • The development of the Craig Mostyn Groups containerized grain & hay exporting business.
Sam Wright

Sam Wright

Non-Executive Director and Company Secretary

Sam Wright has twenty years experience in the administration of ASX listed companies, corporate governance and corporate finance. He is a member of the Australian Institute of Company Directors, the Financial Services Institute of Australasia, and the Chartered Secretaries of Australia.

Mr Wright is currently a Director of ASX listed companies, PharmAust Limited, Reach Resources Limited and Structural Monitoring Systems plc.

Mr Wright is Company Secretary for ASX listed companies, Buxton Resources Limited and Wide Open Agriculture Limited and has also filled the role of Director and Company Secretary with a number of unlisted companies.

Mr Wright has extensive experience in relation to public company responsibilities, including ASX and ASIC compliance, control and implementation of corporate governance, statutory financial reporting, and shareholder relations with both retail and institutional investors.

Mr Wright is the Managing Director of Perth-based corporate advisory firm Straight Lines Consultancy, specialising in the provision of corporate services to public companies.

Tom Chaney

Tom Chaney

Chief Technology Officer

Tom joins the team from Woodside where he worked for the past five years as a technologist based in WA, responsible for the commercialisation of various technologies and for conducting market research into remote sensing technologies.

Tom holds a Bachelor of Aeronautical Engineering (Space) with Honours from the University of Sydney. His areas of focus and expertise include commercial and technical engineering project development, technical analysis, robotics and IOT, logistics and design.

Gary Elwell

Gary Elwell

Chief Financial Officer

Gary leads finance at SeaStock.

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