The National Science Foundation is funding pilot-scale development of BBT's magnesium production process. The process, at a commercial operating scale, projects minimally a 50% energy consumption reduction compared to the dominant incumbent process. The amount and level of automation and energy efficiency makes BBT's process economically competitive assuming a U.S.-based plant.
About the National Science Foundation's Small Business Programs: America’s Seed Fund powered by the National Science Foundation (NSF) awards nearly $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $1.5 million in non-dilutive funds to support research and development (R&D), helping de-risk technology for commercial success. America’s Seed Fund is congressionally mandated through the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of about $7.5 billion that supports fundamental research and education across all fields of science and engineering.