978-270-0755

Phyco2
Phyco2

978-270-0755

Sustainable algae, The Original Oil

Sustainable algae, The Original Oil Sustainable algae, The Original Oil Sustainable algae, The Original Oil

 A renewable resource for today and tomorrow

A leader in today’s industry

PHYCO2 was formed to capture CO2 and produce algae. 


PHYCO2 designed a proprietary algae photo bioreactor (PBR) to produce high quality algae.


Our goal is to achieve a scalable, cost effective and low contamination of algae. The original PBR is patented. (with US Patents and pending foreign patents)


The scalable process has been field tested at an oil production site in California.   

  • Cost effective.
  • No contamination.
  • Scalable.
  • Controlled Algae growing environment. 
  • Any type of algae
  • Established partnership with Pacific AgriTec for commercial market.
  • Continuous production. 


Company History

Our Mission

Develop scalable, cost-effective algae photo bioreactors (PBR) to from CO2 to produce algae. Algae delivers nutrition for humans, animals and fish; Algae is an organic source for cosmetics and pharmaceuticals; Algae is a hydro feedstock and organic nutrients for crops. 

2008 – PHYCO2 LLC was formed by Greg Hagopian, Managing Member, and Robert (Bob) Morgan, Secretary, as a Delaware LLC.  The company’s purpose was to sequester CO2 from power plants through a photosynthetic process with algae. Bob Morgan designed the first helical coil reactor.

2010 – Patent applications were filed and granted in the US and Canada.  The company tested a small-scale reactor at Utah State University which showed the potential of the design to grow algae and reduce CO2. 

2014 –   A Cooperative Research Agreement was signed with Michigan State University to test the PHYCO2 designed reactors and its performance with various algae strains. The company raised capital to fund the construction of two prototype reactors and run an 18-month series of tests at Michigan State University (MSU).

2015 – The prototypes were built and installed at the MSU T.B. Simon Power Plant where they received a slip stream of flue gas from natural gas and coal fueled boilers.  Testing of the reactors and their sub-components began in November 2015.

2016 – Testing of the prototypes was completed in late October 2016.  The reactor set-up was modified to increase the light intensity on the algae which resulted in much higher algae production and CO2 sequestration rates.   The design of scalable reactors for large algae production plants was started with 3D modeling of the reactors and CFD analysis of the fluid circulation in the reactor designs.

2017 – We received a 3-year DOE grant with Michigan State University for CO2 sequestration from coal fueled power plants.  PHYCO2 provided algae from its reactors for research into its use as a chemical feedstock.

2018 – MSU project started, helical coil reactor in service starting January 2018. New design entered service on June 2018.

2019 – New scalable PBR tested and quickly grew algae.

2020 – Original PBR design operated continuously and producing algae for 33 months as part of the DOE project.

2021 – Final DOE report completed along with a Ph.D. thesis which was published by Elsevier as a technical paper. Joint venture formed with ABI Energy, LLC to pursue commercializing the PHYCO2 Technology to reduce CO2 emissions from industrial combustion operations in the oil field, power plants, and process heat markets.

2023 – To present PHYCO2 equipment installed on an oil lease in California as part of a validation project. Patents filed and granted.

Lab Results

2010 Utah State University

  • Tests – Self Funded
  • Stable algae growth
  • CO2 absorption estimates ±35%

2015 - 2018 Michigan State University

  • Test – Self Funded
  • Sustained production – 5+ months
  • Stable algal production rates
  • CO2 absorption from boiler flue gas
  • Energy balance estimates
  • Algae production cost estimates
  • Water consumption estimates

2018 - 2021 Michigan State University

  • DOE Funded
  • Started January 2018 with helical coil reactor
  • 33 consecutive months of sustained operation completed
  • New scalable design built and tested for 3 months
  • Testing completed in September 2020
  • Final report issued in 2021

2021 - 2026 Present Joint Venture

  • Formed Pacific AgriTec, LLC
  • Validation testing in California
  • Patents filed

Company Leadership

Executive Committee

Gregory A. Hagopian, Managing Director 

  • US Army Field medic. 4th Infantry Division 1967 – 1969
  • Sales Executive of Harrinton Industrial Plastics 1973-1977
  • Account Executive of J. Daniel Bell and Company 1977-1982
  • Vice President of Insulated Shipping Containers, Inc 1982 – 1987
  • Independent Consultant helping large corporations 1987-1994
  • Vice President of Operations of Fuel Technologies Inc, 1994 – 2002
  • President/CEO of Fuel Technologies International 2002 – Present

 Bruce Tatarian, Secretary 

  • Chemistry degree from California State University, Fresno
  • JD Degree from Western State University College of Law
  • MBA from California State University, Long Beach
  • Vice President of worldwide commercial operations at Beckman Instruments for 20 years
  • Senior Advisor of HµREL Corporation, Present

 William B. Clary, Treasurer 

  • BA Chemistry, Carleton College, MN
  • MS Mechanical Engineering, University of MN
  • Founder of MIRATECH Group, LLC 1992 – 2014
  • Founder and Investor of PHYCO2 LLC
  • Over 40 years of business management, development, sales, marketing, and technology development. 

Advisory Board

 Mr. Regis Dahl 

 Mr. Lee-Volker Cox 

  • US Air force Colonel. 14th Air Force Director of Operations.
  • Senior US Representative in Greenland.
  • International Photographer featured in galleries and published array. 
  • University assistant professor.
  • Launch team member for NASA’s satellite validating Einstein’s Theory of Relativity.
  • Recognized as the US Air Force’s best public affairs officer.

Frequently Asked Questions

Add an answer to this item.


Add an answer to this item.


Algae is made up of cellulose, hemicellulose, and pectin that grow in water by absorbing CO2 and releasing oxygen as a byproduct. 


Globally, the uses for algae include food, food supplements, nutraceuticals, pharmaceuticals, bio-stimulants, bio-insecticides/pesticides, bio-fuels, bio-polymers, and other chemical feed-stock applications 


Add an answer to this item.


1.8 lb of CO2 will be captured to create 1 lb of Algae


The markets current solution to use large open ponds leads to limited daylight hours, contaminated /evaporated water, land consumption, temperature and weather... spoiling the production and efficiency of algae growth. 


Add an answer to this item.


Yes, A fully contained photo bioreactor produces high quality algae free of any contamination therefore making it ideal for human consumption. Bad quality algae can come from large open ponds that become contaminated from the wildlife and other air particles.


The global market for algae sales is large and growing with an estimated  compound annual growth rate (CAGR) of 7.2% and a market size of 804M. In Japan, China, US and Europe the market is established for algae-based  products for food and nutritional supplements. 


Contact Us

Contact Us

Find our more

If you are interested in learning more about us or our mission, click the button below or call to get in touch. We'd love to hear from you. 

Bill Clary - President / CEO

978-270-0755 Billclary@phyco2.net

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