BLUE BIOFUELS, INC.

Blue Biofuels, Inc. is a technology company focused on emerging technologies in renewable energy, biofuels, and lignin since December 2013. The company's core offering is its Cellulose-to-Sugar (CTS) process, a continuous mechanical/chemical method for breaking down cellulosic material into biofuels. This process can utilize various cellulosic materials, including grasses and agricultural waste, and allows for precise control to optimize reaction parameters and efficiency. The initial CTS reactor technology was invented by CEO Ben Slager in early 2018, leading to a process patent application. This patent (U.S. Patent No. 10,994,255) was granted in the United States in 2021 and subsequently in Japan, Australia, Russia, and El Salvador. Patent applications are pending in other major jurisdictions, including the European Patent Organization, Brazil, China, and the African Regional Intellectual Property Organization. The company has also secured two additional U.S. patents (U.S. Patent No. 11,484,858B2), with applications filed in the same international jurisdictions, and has 3 other U.S. patent applications currently pending. The company underwent a voluntary Chapter 11 financial restructuring, filing on October 22, 2018, and exiting on September 18, 2019, with the bankruptcy case closing on October 25, 2019.