Since our inception, we have advanced our syngas fermentation technology from the test tube to the design of our commercial production facility. We have met several key milestones along the way that have shaped our company’s path to commercialization, including:

 

July 2006 – Coskata is incorporated by GreatPoint Ventures

 

February 2007 — Initial microorganism strains licensed from the University of Oklahoma

 

May 2008 — 1,000-fold improvement in productivity of ethanol strains

 

August 2008 — First demonstration of continuous ethanol production

 

October 2008 — Start-up of a high-throughput screening laboratory for screening anaerobic bacterial strains

 

February 2009 — Propanol microbiology identified in Coskata laboratory

 

July 2009 — Preliminary front-end engineering and design of commercial production facility completed

 

October 2009 — Lighthouse facility begins operation

 

November 2009 — First demonstration of conversion of wood to ethanol at Lighthouse facility

 

December 2010 — Joint Development Agreement with Total Petrochemicals signed

 

March 2011 — Butanol microbiology identified at Lighthouse facility

 

September 2011 — First demonstration of conversion of municipal solid waste to ethanol at Lighthouse facility

 

October 2011 — Successful demonstration of design parameters for our first commercial facility leads to suspension of Lighthouse continuous operations, with the option to resume operations in 2012