Around 350,000 species of microalgae are estimated to have evolved globally (Brodie and Zuccarello 2007), many of which have not been identified. These organisms are potentially useful for a wide range of applications, including biomedical (pharma-and nutraceutical), agricultural (biochar, cattle and aquaculture feeds) and energy applications (bio oil, hydrogen and diesel) and especially high value products. High yielding microalgae strains therefore offer the potential to (at least in part) address the demands of an ever increasing human population across a number of applications. This clear potential has motivated a widespread search for suitable, superior and economically viable microalgae strains, but the workload and costs associated with maintaining larger strain collections, coupled with finite storage capacity poses a significant limitation. One solution to these problems that removes the need for continuous culturing and allows sample storage for theoretically indefinite periods is cryopreservation.There are established techniques however the underlying mechanisms of cryopreservation, which involves freezing and storage at very low temperatures (-196 o C), are poorly elaborated and required further study. The aim of this thesis is to investigate the biological mechanisms relevant to cryopreservation and to apply this knowledge to adapt cryopreservation as a viable technique for the long term storage of a broad range of microalgae. Two successful cryoprotectants were empirically identified: sucrose and dimethyl sulfoxide. They were found to have a synergistic effect in terms of the recovery of cryopreserved samples, with 6.5% (v/v) being the optimum DMSO concentration.The effect of 200mM sucrose was found to be largely due to improved cell survival and recovery after thawing. Additional factors with a beneficial effect on recovery were the elimination of centrifugation steps (minimising cell damage), the reduction of cell concentration (which is proposed to reduce the release of toxic cell wall components) and the use of low light levels during the recovery phase (proposed to reduce photo-oxidative damage).The success of the optimized two-step cryopreservation method led to similar studies on three facets of cryopreservation (Light, carbon sources and ice crystal formation). The study involved the investigations into the effect of dark incubation periods (1, 2, 3, 4, 5, 6, 18 h) after thawing, carbon sources (starch) during recovery and the investigation of high pressure freezing (HPF) as a novel method of cryopreservation (chapter 3). Due to its mechanism of rapidly vitrifying samples by the rapid application of high pressure, HPF can theoretically limit freeze induced injury due to ice crystal formation while the small size of the resultant samples has potential to reduce storage costs.Sample conditions tested included cryoprotectant types (DMSO, methanol, proline, agarose, sucrose, dextrin and trehalose), planchette toxicity (gold plated vs. aluminum), sample size (0.5, 1, 3 1.5, 2 L) and c...