Rimta Foundation

SEE NOTICE OF AWARD, ATTACHMENT 1 - TERMS AND CONDITIONS, ATTACHMENT D, STATEMENT OF WORK, ABSTRACT.

APPL_ID: 11257816 GRANT NUMBER: NA25NOSX999G0003-T1-01 TITLE: WAVES INITIATIVE: WASTE ALTERNATIVES FOR VALUE AND SUSTAINABILITY OF FIBERGLASS DISPOSAL THE AWARD OF $200,000 WILL ADDRESS THE CRITICAL CHALLENGE OF FIBERGLASS WASTE DISPOSAL THROUGH INNOVATIVE AND SUSTAINABLE RECYCLING SOLUTIONS. EACH YEAR, THOUSANDS OF FIBERGLASS VESSEL REACH THE END OF THEIR LIFESPAN, WITH MOST ABANDONED OR SENT TO LANDFILLS, CREATING A SIGNIFICANT ENVIRONMENTAL AND ECONOMIC BURDEN. THROUGH THIS AWARD, THE RIMTA FOUNDATION WILL FURTHER DEVELOP THE WAVES INITIATIVE - WASTE ALTERNATIVES FOR VALUE AND ENVIRONMENTAL SUSTAINABILITY OF FIBERGLASS DISPOSAL, BY PARTNERING WITH ESTABLISHED BOAT SALVAGE COMPANIES, COMPOSITE MANUFACTURERS, AND LOCAL STAKEHOLDERS TO CREATE A SUSTAINABLE AND EFFICIENT SYSTEM FOR THE COLLECTION AND RECYCLING OF END-OF-LIFE FIBERGLASS MATERIAL. WHILE INITIALLY FOCUSED ONLY ON DERELICT FIBERGLASS BOAT RECYCLING, THE WAVES INITIATIVE AIMS TO EXPAND ITS SCOPE TO INCLUDE COMPOSITE MANUFACTURING WASTE AND END OF LIFE OFFSHORE WIND TURBINE BLADES. A PRIMARY OBJECTIVE OF THIS EFFORT IS TO REDUCE THE COST OF RECYCLING TO BE COMPETITIVE WITH LANDFILL DISPOSAL, FOSTER WIDESPREAD ADOPTION OF SUSTAINABLE PRACTICES WITHIN THE MARINE AND COMPOSITE INDUSTRIES, AND PROVIDE A PRACTICAL ALTERNATIVE TO LANDFILLING BY DEVELOPING A COST-EFFECTIVE RECYCLING PROCESS.