Ostara Nutrient Recovery Technologies Inc. designs, builds and sells a new generation of water treatment systems – a nutrient recovery solution that creates value from waste by removing nutrients from wastewater and transforming them into revenue-generating, environmentally-friendly commercial fertilizer. Along with helping wastewater treatment facilities reduce operating costs and meet increasingly stringent environmental regulations, Ostara’s proprietary Pearl® Nutrient Recovery Process recovers and transforms critical nutrients such as phosphorus and nitrogen into Crystal Green®, a slow-release fertilizer that Ostara markets and sells, providing cost savings and a new stream of revenue for municipalities.
Ostara’s core technology was created at the University of British Columbia (UBC). Phillip Abrary, Ostara’s president and CEO, co-founded the company in Vancouver, BC and licensed and developed the technology from UBC in 2005. Ostara’s shareholders include VantagePoint Capital Partners of California and Frog Capital of London, both noted cleantech investors worldwide. Environmental advocate, lawyer and VantagePoint partner Robert F. Kennedy, Jr. joined Ostara’s Board of Directors in February 2009. In September 2009, Ostara was named one of the Top 100 Global Cleantech Companies by The Guardian, a London-based media group.