Joule Unlimited has bioengineer bacteria — not algae— to produce whatever kind of fuel they want. The first generation was ethanol. They have recently been producing biodiesel. I think they have done test bacteria for jet fuel and gasoline.
The really unique thing about their process is that they don’t need to refine the biofuel. It can be skimmed right off and dropped into the fuel tank. Thats what makes it so inexpensive.
The guys who developed the bacteria to do this are some of the top geneticists at MIT.
Joule Unlimited
Is the company publically traded?