In terms of the actual rice market size, it's about 300 billion across the entire world. But it's looking to be increased up to 50% by 2050. This is a crop that is really feeding half the world right now. And it's most pressured by salinization. We're branching out to other crops to combat issues like food versus fuel in corn,. So developing biofuels, you don't have to then chew between the two. You can grow all your you need in the oceans.
Alora CEO and Co-Founder Luke Young joins Molly to discuss ocean agriculture and the ability to grow crops offshore (1:17). They discuss the progression of engineering that has propelled Alora’s innovations (11:55) and the challenges of growing at sea (21:53).
(0:00) Intro!
(1:17) Alora’s mission and technological advancements
(5:46) Mitigation and adaptation
(7:58) The first taste test
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(11:55) Alora’s progression and timeline
(16:26) Designing infrastructure and engineering fertilizer
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(21:53) Challenges of growing on the ocean
(26:14) Alora’s Business Model
(28:56) Fennel - Join the fennel waitlist now and get your first month free at http://fennel.com/twist
(30:10) Salt tolerance
(35:17) Alora’s Customer and cost of development
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