In January 2017, it was announcd that Liquid Light had been acquired by Avantium Technologies a Dutch technology company specializing in advanced high-throughput R&D for applications in the energy, chemicals and pharmaceutical industries. Liquid Light has developed technology that allows the efficient conversion of carbon dioxide to a wide variety of chemicals, fuels, and other compounds. Their patent-pending electrocatalytic platform leverages low-cost inputs with long-term pricing predictability and secure, domestic sources of energy to convert an industrial waste into a source of revenue. The firm is founded on discoveries in the fields of catalysis and artificial photosynthesis from the research lab of Professor Andrew Bocarsly at Princeton University: highly efficient catalysts and chemical processes for converting carbon dioxide to industrial chemicals and fuels using no biological feedstocks. Liquid LightÂ’s technology will allow transportation fuels and industrial chemicals to be made from waste carbon dioxide using clean domestic sources of energy to include: solar, wind, hydroelectric, and nuclear. Energy security, reductions in oil imports, and reductions in greenhouse gas emissions can be realized without major changes to existing infrastructure.