Qteros Explained

Qteros
Type:Private company
Foundation:2005
Location:Marlborough, Massachusetts, United States
Key People:Stephen Rogers, CEO

Qteros, Inc. is an American energy company researching the production of cellulosic ethanol from a variety of non-food feedstock sources including corn stover, corn cobs, switchgrass, and sugar cane bagasse.[1] [2]

Qteros's process combines proprietary science and microbiology that enables a simplified biomass-to-ethanol conversion. Their proprietary microorganism is the Q Microbe® (Clostridium phytofermentans).[3]

In January 2011, Qteros announced its partnership with Praj Industries of India, a publicly traded builder of ethanol plants. Praj Industries has built about 70% of the 400 ethanol mills in India.[4]

In November 2011, the company reduced staff and sought additional financing.

Change of Management and Ownership

In late 2012, Qteros went through a change of management and ownership, with founding COO Stephen Rogers taking over the role of CEO. Qteros continues to develop and scale its technology in collaboration with significant international partners.

Notes and References

  1. http://www.xconomy.com/boston/2010/01/13/qteros-switches-ceos-to-accelerate-progress-new-chief-says/ "Qteros Switches CEOs to Accelerate Progress"
  2. Web site: Editorial: Good science makes another run at the market thanks to Qteros. The. Republican. 24 December 2012. masslive.com.
  3. http://biofuelsdigest.com/bdigest/2010/06/18/portrait-of-a-transformative-technology-qteros-and-its-q-microbe/ "Portrait of a Transformative Technology: Qteros and its Q Microbe"
  4. https://blogs.forbes.com/kerryadolan/2011/01/04/soros-backed-biofuels-company-qteros-partners-with-indian-ethanol-plant-builder/ "Soros-backed Biofuels Company Qteros Partners With Indian Ethanol Plant Builder"