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Pentagon to award initial grants under advanced-biofuel project
The Department of Defense is expected to unveil a list of about five companies that could be issued long-term contracts to supply advanced biofuels to U.S. fighter jets, warships and other military vehicles, said Laura Ortiz, agreements negotiator for the agency's Advanced Drop-In Biofuel Production Project. The companies in the short list will receive about $6 million in initial grants in March, while as many as three firms are expected to share as much as $180 million in grants in the project's second phase. Among the companies in the running to secure the contracts are Gevo, Syntroleum and Solazyme.

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