Solazyme bags U.S. Navy contract for green jet fuel


By Poornima Gupta SAN FRANCISCO, Sept 24 (Reuters) - U.S. biofuel company Solazyme Inc said on Thursday it will be providing its algae-derived jet fuel to the U.S. Navy for testing and certification. Privately held Solazyme will sell 1,500 gallons of the green fuel to the U.S. Navy, which is buying fuel from the San Francisco-based company for the second time. Earlier this month, Solazyme was awarded a separate contract from the Navy to provide research, development and delivery of ...

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