Xoma AB: Further Development of the CLAS System

Xoma has further developed its CLAS system to better meet the needs of offshore seaweed farmers. With this innovation, farmers can now use CLAS to cultivate seedstock algae for a period of 8-10 weeks. During the remaining time, they can utilize the system to produce fresh algae for their customers.

Benefits and Market Potential
This development allows farmers to offer fresh algae year-round, increasing the attractiveness of their products. Furthermore, the CLAS system's ability to control parameters such as water temperature and nutrient content enables a broader cultivation of different algae species. This means that more offshore farmers can become Xoma customers, as the system addresses two of their key challenges in a single solution.

Strategic Significance
At Xoma, we are convinced that this innovation will open new business opportunities and strengthen our market position. Furthermore, it clarifies our role as a technology company rather than a seaweed producer, where our customers are the ones managing the cultivation. Through this, we jointly create a larger and more sustainable market for algae production.

This advancement of the CLAS system strengthens Xoma's offering and positioning within the industry. By enabling year-round production and increased flexibility for farmers, we see significant market potential and growth opportunities ahead.