Compass Biotechnologies Inc. (COBI) is an innovative, publicly-traded green technology company focused on developing solutions and products that preserve the environment through sustainable living.
Initially, COBI specialized in green energy audits, green engineering, design-build and life safety compliance. The company entered into the algae market through the acquisition of a patented indoor, commercialized algae development technology. The acquisition broadened COBI’s green sustainable living solution which includes, but is not limited to, algae-based biomass, bio-oil, bio-plastic, carbon reduction and sequestration. It also created a unique market position for COBI along with a sustainable profitability strategy that is expected to lead to a substantial increase in revenues and profits in the coming years.
Algae consume vast amounts of carbon dioxide (CO2) around the world as part of their daily diet, and thrive as the fastest growing plants on earth. COBI believes that algae can thrive in unison with fossil fuel generation as a way to help offset manmade CO2 emissions from cars, power plants and factories, and by working together with large industry, it can support a greener environment while providing unique and profitable solutions to large CO2 emitters.