Summit View Development Corp. is conducting research and development activities to commercialize an advanced algae cultivation platform that has the capability to more than double published yields, utilizing CO2 as a key nutrient source from a natural gas combined heat and power (CHP) system with an objective to lower algae production costs to $20/kg protein to help feed a growing and hungry world, and to accomplish this within 5 years.

The company has been in existence since 2001. Stan Pankratz came into the picture in 2010 and took full ownership in 2012. Concurrently in 2013 Stan entered the PhD program as part of an analytical modeling group at the University of Alberta to study both the environmental and technoeconomic impacts of cultivating algae to produce diluent and hydrogen for oil sands operation. Dr. Pankratz graduated in the fall of 2019 and commenced an applied research project as a Post-Doctoral Fellow at the University of Calgary to develop the advanced algae cultivation platform.  An advanced and patented algae cultivation platform has been developed which doubles the yield of algae over competing technologies. The technology continues to be advanced to attain the objective of delivering $20/kg protein in a $40B market space where competing protein products varying between $10 and $150 /kg, while sequestering CO2.