ALTASEA AT THE PORT OF LOS ANGELES

AltaSea is a public-private partnership redeveloping a 35 acre property at the Port of Los Angeles into a world-class ocean-based campus where science, business and education come together to generate innovative solutions to three of the most critical global sustainability issues today: food, energy, and climate security. Ocean-related education is a vital component of AltaSea's mission to accelerate scientific collaboration, facilitate job creation, and inspire the next generation for a more sustainable ocean. AltaSea is a place where innovators collaborate to develop solutions critical to the survival of the earth and its inhabitants; the younger generation – particularly students from Title 1 schools lacking strong STEM programs – develops strong STEM skills and a pathway to STEM careers; and the community at large learns about and becomes involved in issues pertinent to creating an equitable future.

Innovation: Bringing ocean scientists and explorers together with entrepreneurs and corporate investors will spur advances in robotics, sustainable aquaculture and other "blue technologies" that will help solve climate change, food security, clean energy and other challenges facing humanity.

Economic Development: Our business incubator/accelerators will foster new companies creating next-generation jobs in the Blue Economy. A Kosmont Companies' study projects AltaSea's impact to be $290 million in annual economic activity and 1,350 permanent jobs - plus thousands of jobs during construction.

Education and Workforce Development: We incentivize tenants to give back to the community through reduced rents for educational programs and public access. Partnering with schools and youth development organizations, we pilot STEM education models that link disadvantaged youth with inspirational scientists, explorers, and entrepreneurs - creating Blue Economy career pathways.

AltaSea is a public-private venture redeveloping 35 acres of dockland at the Port of Los Angeles. The site has attracted every segment of the ocean protection community, along with corporate, civic and philanthropic leaders who see the potential. Powered by this asset, AltaSea has created a model to allow business to fuel science, science to stimulate business, and the whole of the endeavor to enrich and inspire the next generation of ocean explorers, innovators, and researchers.

Our 50-year lease with the Port includes a commitment by the City for $40 million in infrastructure. AltaSea has committed to raising $150 million to construct a 180,000 s.f. business and innovation center; a 60,000 s.f. research and higher education facility; a visitor-attracting wharf plaza; and a multifaceted engagement center capable of educating 50,000 visitors annually.

With $76+ million committed, an array of tenants and partners secured, and construction under way, the time for AltaSea is now.

• We have provided innovative STEM learning experiences to 4,500 K-12 students this year.

• AltaSea took possession and began renovation of the first 80,000 square feet of warehouse and wharf space for the founding Sustainable Aquaculture and Blue Tech Clusters.

• AltaSea has executed 12 Memorandums of Understanding with partners and tenants, expanding AltaSea's network of collaborators and innovators in science, business and education.

• AltaSea expanded its partnership with the pioneering ocean explorer Dr. Bob Ballard and his organization Ocean Exploration Trust (OET), providing STEM education programs to middle schools in the Central, East and South Districts of the Los Angeles Unified School District. AltaSea's partnership with OET has also led Dr. Ballard to choose AltaSea for the winter home of his research vessel, E/V Nautilus.