Under aerobic conditions that are likely to prevail in chloroplasts in vivo, the optimal concentration of ferredoxin for cyclic photophosphorylation was found to be equal to that required for NADP reduction and about onetenth of that needed for cyclic photophosphorylation under anaerobic conditions. In the presence of ferredoxin and NADP, cyclic photophosphorylation operated concurrently with noncyclic photophosphorylation, producing an ATP: NADPH ratio of about 1.5. The effective operation of ferredoxin-catalyzed cyclic photophosphorylation by itself required a curtailment of the electron flow from water which was accomplished experimentally by the use of either an inhibitor or far-red monochromatic light. An unexpected discovery was that the operation of cyclic photophosphorylation by itself was also regulated by a back reaction of NADPH and ferredoxin with two components of chloroplast membranes, component C550 and cytochrome b559. The significance of these findings to photosynthesis in vivo is discussed.Solar energy is first converted into biologically useful chemical energy by photosynthetic phosphorylation (photophosphorylation), the process by which the photosynthetic apparatus transforms the electromagnetic energy of sunlight into phosphate bond energy of ATP, the universal energy carrier of living cells. The energy of the photochemically generated ATP and reducing power is conserved through the biosynthesis of organic compounds from CO2. When these are later degraded by fermentation and respiration, reducing power and ATP are regenerated to drive the multitude of endergonic reactions and activities of living cells.Chloroplasts, the photosynthetic organelles of green plants, have two types of photophosphorylation, cyclic and noncyclic, names devised to denote the coupling of ATP formation to a light-induced electron flow that is either of a closed (cyclic) type that yields only ATP or of a unidirectional (noncyclic) type that yields not only ATP but also NADPH as reducing power (1). Ferredoxin plays a key role in both. In cyclic photophosphorylation ferredoxin is the endogenous catalyst (2, 3) and in noncyclic photophosphorylation ferredoxin is the electron acceptor (4) that in turn reduces NADP by an enzymatic reaction that is independent of light (5).In this paper we report the concurrent operation of ferredoxin-dependent cyclic and noncyclic photophosphorylation under conditions that are likely to exist in chloroplasts in vivo. These experiments led to the discovery that noncyclic electron flow provides a regulatory mechanism that permits cyclic photophosphorylation to operate either concurrently with the noncyclic type (and thereby to increase the ratio of ATP to NADPH as needed for photosynthetic CO2 assimilation) or to operate by itself and produce only ATP for those endergonic reactions that do not require photochemically generated reducing power. Illumination. Incident monochromatic illumination was provided by a 250 W tungsten-halogen lamp (General Electric type EHN) and appropriate inte...