Press Release Source: Planktos, Inc.
Planktos Update on Research Vessel Weatherbird ''Voyage of Recovery''
Tuesday June 26, 1:20 pm ET
Research Ship Weatherbird II Expected to Begin Next Leg of 'Voyage of Recovery' into the Eastern Tropical Pacific in the Month of July
SAN FRANCISCO--(BUSINESS WIRE)--Ecorestoration firm Planktos, Inc. (OTCBB:PLKT - News) whose research ship Weatherbird II sailed from the nation's capitol in early March has been conducting sea trials, training its crew, and is now in South Florida engaged in the installation of key scientific gear. By mid to late July, it's planned that the ship will be headed into the Eastern Tropical Pacific to begin its series of ocean plankton pilot projects. The company expects to have aboard the ship a sophisticated array of oceanographic instruments including autonomous and remotely controlled ocean sampling vehicles. Planktos has also been negotiating to have a manned submersible join the ship to assist in the collection and verification of data. The Weatherbird may also be joined by other ships to assist in the project work by the time it arrives in the Pacific.
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The much-anticipated 'Voyage of Recovery,' a pioneering ocean science effort to restore vital phytoplankton populations, is expected to significantly slow the rate of global warming, and offer climate policy makers important, affordable new options. The work of the Weatherbird will comprise of several four-six month pilot projects planned to help develop new applied science ocean stewardship via iron micronutrient replenishment in depleted Pacific and Atlantic ocean basins. This will develop the means to help revive the marine food chain and sequester millions of tons of global warming CO2.
The first pilot project will take place near the massive natural Galapagos bloom, one of the most prominent features of the world's oceans. The waters north and south of this giant natural bloom are ideally suited for studies of iron restoration, of diminished ocean productivity, and were the site of two previous international iron bloom research studies in the mid 1990's.
In the coming months, Planktos plans to provide regular updates, including progress reports from the deck of the Weatherbird, as it sets about demonstrating the importance of micronutrient replenishment in the restoration of the ocean and upper atmosphere.
Forward Looking Statements: A number of statements contained in this press release may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A (b). These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, uncertainties related to the development of Planktos' business plan, and the ability to secure additional sources of financing. The actual results that Planktos may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Planktos encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. Planktos public filings may be viewed at www.sec.gov.