LS9’s acquisition of fermentation technology in Florida was a signature deal, from a cost point of view — in the end, between various incentives and the fact that they bought it as a distressed facility, they picked it up for almost nothing, and spending has focused on retrofitting the 12 million gallon facility to the LS9 process – for now, at the demonstration level rather than utilizing the full facility.
Even more impressive – especially given the fits and starts associated with scale-up of new fermentation technology — the demonstration scale-up underway right now. Next stop for LS9 is probably Brazil, but if the company could source affordable sugars in the US, there could be a big future for the technology closer to its San Francisco home.