Licensing Program Results in New Companies
Ferritech Licenses Biological Generation of Ferric Ion
Two Michigan Tech faculty members have formed Ferritech, Inc. to promote the licensing of technology for the biological generation of ferric iron.
Ferric iron is a powerful oxidant that has numerous industrial applications ranging from scrap metal recycling and sewage treatment to water treatment and bioleaching.
Carl Nesbitt (chemical engineering) and Don Lueking (biological sciences) have developed and patented the SAAB-FIG process (Stand-Alone Automated Bioreactor for Ferric Ion Generation). This process allows the continuous biogeneration of ferric iron at a constant level.
Depending upon the specific application involved, ferric iron generation by the SAAB-FIG process can produce ferric iron for as little as $0.06 per pound.