Novaphos

Phosphate fertilizers are fundamental to supporting human life through increased agricultural productivity. Phosphates are also critical for the global transition to clean energy.

Novaphos has raised **$7 million** in funding to advance its sustainable phosphoric acid production technology. The company specializes in converting low-quality phosphate rock—a previously underutilized resource—into high-quality phosphoric acid. This innovation targets key challenges in the agricultural sector by improving efficiency and sustainability in fertilizer production.

Oct 2024SignalbaseNews article

Novaphos names **James Samuelson** as its new **Chief Technology Officer (CTO)**. Samuelson previously founded **TaySAMM**, a consulting firm specializing in phosphate production and organic phosphate fertilizers. He had already advised Novaphos and other global companies in these areas.

May 2024novaphos.comNews article

Novaphos appoints retired U.S. Navy Vice-Admiral Andrew Lewis as its new president. The company also secures a **$3.9 million grant** from the U.S. Department of Agriculture under the **Fertilizer Production Expansion Program (FPEP)** to support growth in fertilizer production.

Apr 2024NovaphosNews article

Novaphos secures a **$3.9 million grant** from the U.S. Department of Agriculture under the **Fertilizer Production Expansion Program (FPEP)**. The funding supports the company’s efforts to **reinvent phosphate processing** and advance fertilizer production innovation. The grant aims to bolster domestic agricultural technology and sustainability initiatives.

Apr 2024novaphos.comNews article