Privacy Policy

Solarium Biotechnology LTD ("Solarium," "We," "Us," or "Our") is committed to protecting the privacy of our users and the confidentiality of sensitive environmental and project-related information. This Privacy Policy explains how we collect, use, store, share, and protect your data when you interact with our website, engage with our activities, or purchase our products.

1. Introduction

Your privacy is paramount to us. This policy outlines our practices concerning data collected through our website, in connection with our product sales, research and development activities, and the provision of future services.

2. Information We Collect

We collect various types of information to effectively manage our product sales, conduct research and development, develop future offerings, and provide our services:

• 2.1 Personal Information:

  • Contact & Identification Data: Name, email address, phone number, professional title, organisational affiliation.

  • Transaction & Billing Data: Payment information (processed securely via third-party payment gateways such as Paystack or others, we do not store full credit card details), billing address, shipping address for physical byproducts.

  • Communication Data: Records of your inquiries, correspondence, and any information you provide when contacting our support, sales, or R&D teams.

  • Technical Contact Details (for product support or R&D collaborations): Information necessary for assisting with product use or coordinating research initiatives. How Collected: This information is primarily collected when you make purchases of byproducts, submit R&D collaboration proposals, enter into collaboration agreements, fill out inquiry forms, or subscribe to newsletters.

• 2.2 Product & Innovation Data:

  • Product Performance Data: Data related to the use and performance of our byproducts in various applications, and feedback provided by customers.

  • Cultivation & System Data: Information on microalgal cultivation parameters, algaculture system design and performance data from our R&D, and associated research findings.

  • Customisation & Development Requirements: Specific requirements or challenges for product customisation or R&D projects. How Collected: This data is collected through product sales and usage feedback, R&D experiments, and internal data generation during product development and the scaling of algaculture systems.

• 2.3 Service-Related Information (for Future Services):

  • Client Project Details: Information provided by clients for future consulting engagements, training needs assessments, or algaculture plant design/maintenance projects (e.g., site specifications, operational data, project goals).

  • Training & Consultation Records: Notes from consultations, attendance at training sessions, feedback forms, and course completion data for future services.

  • Technical Support Information: Data collected during technical support interactions for future services, including system configurations, error logs, and issue descriptions. How Collected: This data is collected when you engage with our future consulting, training, lecturing, or algaculture plant services, through direct communication, service agreements, forms, or technical interactions.

• 2.4 Non-Personal Information:

  • Usage Data: IP addresses, browser type, device information, operating system, pages visited, time spent on site, referring URLs, aggregated usage statistics related to website tools, and patterns of interest in byproducts or R&D areas. How Collected: This data is collected automatically through cookies and analytics tools (e.g., Google Analytics) when you browse our Website. (Please note: While we do not currently use cookies, we may implement them in the future for website analytics, including Google Analytics, to improve user experience.)

3. How We Use Your Information

We use the collected information for the following purposes:

• Product Sales & Support: To manage the market rollout of successful microalgae byproducts, process your orders, provide product support, and enhance product formulations and applications.

• Research & Development: To conduct R&D activities for new microalgae byproducts and gigatonne-scale algaculture systems, and to refine existing product lines based on performance data.

• Service Provision: To deliver, manage, and improve our future consulting, training, lecturing, and algaculture plant design/maintenance services. This includes understanding your needs, providing tailored advice, managing projects, and offering technical support.

• Transaction Processing: To process your transactions for products, send related information, including order confirmations, invoices, and shipping notifications for physical byproducts.

• Scientific Insights & Optimisation: To generate scientific reports, derive insights from product performance, R&D activities, and for the ongoing optimisation of our algaculture systems and byproduct development. This includes coordinating with specialised third-party laboratories for analytical support.

• Communication & Marketing: To send marketing and promotional communications (with your consent) regarding our R&D progress, product availability, and relevant industry news.

• Customer Support: To respond to your inquiries related to our products, R&D focus, and to provide support for our future services.

• Security & Compliance: For security purposes, fraud prevention, ensuring data integrity for scientific processes and traceability, and to comply with legal obligations and regulatory requirements related to our R&D, product sales, and service provision.

• Future Initiatives (Organic Carbon Tokens): To manage interest in and facilitate the eventual launch of our Organic Carbon tokens.

4. How We Share Your Information

We may share your information with third parties only in the following circumstances:

• Service Providers: We engage trusted third-party service providers to perform functions on our behalf, such as payment processors, cloud hosting providers, specialised laboratory analysis (for R&D and product support), logistics and shipping partners for physical byproducts, analytical software providers, and contractors or suppliers directly involved in product delivery, R&D support, future algaculture systems services (e.g., plant engineers, maintenance crews), or the core nodes overseeing the future Organic Carbon token. These providers are contractually bound by confidentiality agreements and are permitted to use your information only for the purposes for which it was provided.

• Collaborating Partners (R&D and Services): If an R&D project or a service engagement (e.g., a complex plant design project) involves third-party research institutions, consultants, or technical partners, we may share relevant research data or client project details. This will only occur with your explicit consent or as clearly defined in our collaboration or service agreements.

• Regulatory Authorities: We may disclose your information, including R&D data, byproduct sales data, and product compliance data, if required to do so by law or in response to valid requests by public authorities (e.g., a court order, government request, or to meet national security or law enforcement requirements).

• Business Transfers: In the event of a merger, acquisition, or sale of all or a portion of our assets, your information may be transferred to the acquiring entity. We will notify you via email or a prominent notice on our Website of any such change in ownership or control of your personal information.

• With Your Consent: For any other purposes not listed, particularly for sharing R&D success stories, general research findings, or client testimonials (with explicit permission).

• Aggregated/Anonymised Data: How non-personally identifiable R&D data, service usage data, or website usage data might be shared for industry trends, academic research, or platform improvements.

5. Data Security

Solarium Biotechnology LTD employs measures to protect your data, especially sensitive R&D project data, byproduct purchase information, and service-related client details, from unauthorised access, disclosure, alteration, or destruction. We adhere to industry best practices for data handling and ensure compliance with applicable data protection laws. As our operations and data needs evolve, we are committed to expanding our security measures to include more dedicated and enterprise-level solutions.

While we strive to protect your personal information, no method of transmission over the Internet or method of electronic storage is 100% secure. Therefore, we cannot guarantee its absolute security.

6. Data Retention

We retain your personal information and environmental R&D data for as long as necessary to fulfil the purposes for which it was collected, including:

• To conduct and support our R&D activities.

• To fulfil collaboration obligations.

• To facilitate byproduct sales and provide product support.

• To provide and manage our future services.

• To comply with legal, accounting, or regulatory requirements related to our R&D, product sales, and service provision.

• For legitimate scientific reference or research purposes, in an anonymised or aggregated form where possible.

7. Your Privacy Rights

Depending on your jurisdiction, you may have the following rights regarding your personal information:

• Right to Access: You have the right to request a copy of the personal and associated project data we hold about you.

• Right to Rectification: You have the right to request that we correct any inaccurate or incomplete personal data.

• Right to Erasure / Right to be Forgotten: You may request the deletion of your personal data, subject to any legal or scientific retention obligations or product traceability requirements that may prevent immediate deletion.

• Right to Object / Opt-Out: You have the right to object to the processing of your personal data for certain purposes (e.g., direct marketing) or to opt out of marketing communications.

• Cookie Preferences: You can manage your cookie preferences through your browser settings or our Website's cookie consent tool.

To exercise any of these rights, please contact us using the information provided in Section 12. We may require specific information from you to help us confirm your identity and process your request.

8. Cookies and Tracking Technologies

Please note: Solarium Biotechnology LTD's website does not currently use cookies or similar tracking technologies.

However, we may implement them in the future to improve your experience, understand website usage, and support our marketing efforts. For example, we might integrate Google Analytics to gather insights into how our website is used.

If and when we begin using cookies, this section will be updated to provide full details.

• Types of Cookies We May Use:

  • Essential Cookies: Necessary for the Website to function properly (e.g., enabling navigation, securing transactions).

  • Performance/Analytics Cookies: Collect information about how you use our Website (e.g., which pages you visit most often) to help us improve its functionality.

  • Functional Cookies: Allow the Website to remember choices you make (e.g., language preferences) and provide enhanced, more personal features.

  • Targeting/Advertising Cookies: Used to deliver advertisements more relevant to you and your interests.

• Managing Cookies: You will be able to control and manage cookies through your browser settings. Most browsers allow you to block or delete cookies, but this may affect the functionality of our Website. We will also provide clear information and options for managing your preferences directly on our site.

9. Children's Privacy

Our Website and Activities are not directed to individuals under the age of 13. We do not knowingly collect personal information from children without appropriate parental consent. If we become aware that we have collected personal information from a child without verifiable parental consent, we will take steps to remove that information from our servers.

10. International Data Transfers

If your data, including R&D project data, byproduct purchase information, and service-related client details, is transferred to, stored in, or processed in a country outside your jurisdiction (e.g., outside Nigeria), we will take appropriate measures to ensure that your data remains protected in accordance with this Privacy Policy and applicable data protection laws. These measures may include implementing standard contractual clauses or relying on adequacy decisions where available. This includes ensuring data protection through our reliance on the robust security measures of third-party cloud service providers and other platforms, all of whom are contractually obligated to protect data and comply with relevant international data transfer regulations. As our operations and data needs evolve, we are committed to expanding our security measures to include more dedicated and enterprise-level solutions.

11. Changes to This Privacy Policy

Solarium Biotechnology LTD reserves the right to update or modify this Privacy Policy at any time to reflect changes in our practices, technology, legal requirements, or the introduction of new products/services like Organic Carbon tokens. We will post the revised Privacy Policy on this page and update the "Last Updated" date at the top. We may also notify you of significant changes through prominent notices on our Website or via email where appropriate. Your continued use of the Website, engagement with our Activities, or purchase of our products after any changes signifies your acceptance of the updated policy.

12. Contact Information

If you have any questions about this Privacy Policy, your privacy rights, or our data practices, please contact our dedicated team at:

• Email: walo.olapoju@gmail.com

• Phone: Contact number provided on the product packaging

• Address: Pentville Estate, Lokogoma Road A3, House 5, 900110