Agtech

Elicit Plant Announces the Appointment of Slavica Djonovic, Ph.D, as Chief Scientific Officer (CSO)

Retrieved on: 
Thursday, March 7, 2024

Elicit Plant, a pioneering and rapidly expanding agri-biotech company, announces the appointment of the renowned scientist and a leader in the ag-tech industry, Slavica Djonovic, Ph.D. as Chief Scientific Officer (CSO).

Key Points: 
  • Elicit Plant, a pioneering and rapidly expanding agri-biotech company, announces the appointment of the renowned scientist and a leader in the ag-tech industry, Slavica Djonovic, Ph.D. as Chief Scientific Officer (CSO).
  • Elicit Plant's proprietary technology, EliTerra®, the consistent performance of its products internationally, and its team driven by a clear mission, are impressive," states Slavica Djonovic, CSO of Elicit Plant.
  • "In her new role as Chief Scientific Officer, Slavica will be tasked with amplifying Elicit Plant's scientific influence and accelerating the development of our EliTerra® Technological platform.
  • We are convinced that under her scientific leadership, Elicit Plant will reach a new milestone in developing innovative solutions for agriculture," concludes Jean-François Déchant, CEO of Elicit Plant.

Gibraltar Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024

Operating margin increased 490 basis points driven by ongoing strong execution, 80/20 productivity, and improving product and customer mix.

Key Points: 
  • Operating margin increased 490 basis points driven by ongoing strong execution, 80/20 productivity, and improving product and customer mix.
  • Consolidated revenue is expected to range between $1.43 billion and $1.48 billion, compared to $1.37 billion in 2023.
  • GAAP EPS is expected to range between $4.04 and $4.29, compared to $3.59 in 2023, and adjusted EPS is expected to range between $4.57 and $4.82, compared to $4.11 in 2023.
  • ET to review its results for the fourth quarter of 2023.

Agtonomy Expands On-Farm Pilot Program to Drive Adoption of Agricultural Autonomy

Retrieved on: 
Monday, February 12, 2024

SOUTH SAN FRANCISCO, Calif., Feb. 12, 2024 /PRNewswire/ -- Agtonomy, a leading software and services company specializing in advanced autonomous and AI solutions for agriculture, announced today the 2024 expansion of their paid pilot program, putting growers in the driver's seat of next-generation, on-farm robotic automation.

Key Points: 
  • Our on-farm pilots with growers help us refine innovation so it works in real environments for faster innovation and adoption," said Tim Bucher, Agtonomy CEO and co-founder.
  • "Agtonomy's pilot program allows us to ensure our technology not only provides value, but works on their farm like we've promised."
  • Agtonomy is expanding on the success of the introductory paid pilot program started in 2023.
  • In addition, Agtonomy is working toward expanding the pilot program to West Coast fruit and nut tree growers.

Plug and Play Announces Final Batch of Startups Selected for their Silicon Valley Programs

Retrieved on: 
Tuesday, October 10, 2023

"This batch of startups accepted into our Silicon Valley programs has been one of the best and most talented group of entrepreneurs I have seen," said Saeed Amidi, Founder and CEO of Plug and Play.

Key Points: 
  • "This batch of startups accepted into our Silicon Valley programs has been one of the best and most talented group of entrepreneurs I have seen," said Saeed Amidi, Founder and CEO of Plug and Play.
  • The selected startups will participate in a rigorous three-month program, gaining access to exclusive events, mentorship sessions, and private dealflows that introduce them to Plug and Play's network.
  • The pinnacle of this year's Silicon Valley programs will conclude at Plug and Play's Summit , a three-day event scheduled for December 5-7, 2023.
  • *Plug and Play's Agtech and Animal Health programs will be bringing startups from their locations in Fargo and Topeka to present at Summit.

U.S. Legal Cannabis Pioneer Bright Green Corporation Appoints Industry Veteran Groovy Singh as New Chief Executive Officer

Retrieved on: 
Tuesday, October 3, 2023

Mr. Singh addressed his appointment on Monday with enthusiasm, stating, “I think Bright Green is positioned with an opportunity to not only be the premier cultivator, manufacturer, and supplier of a new, groundbreaking class of Active Pharmaceuticals Ingredients, but also to form a trusted network of domestic and international partners that can facilitate the expansion of this impactful approach to medicine and therapies. This is the vision that is shared across the Founders and Board Members of Bright Green -- to have everything under one roof and “Made in the USA” from start to finish.” Singh continued, “I am eager to leverage the monumental achievements that Bright Green’s leadership has already solidified, including the EB-5 program and our existing international exposure—an element I am particularly looking forward to building on.”

Key Points: 
  • GRANTS, N.M., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Bright Green Corporation (NASDAQ: BGXX) (“Bright Green” or “the Company”), announced today their appointment of Groovy Singh, a renowned leader and strategist in the cannabis and wellness industries, as Chief Executive Officer.
  • Singh will replace current CEO Seamus McAuley, who is stepping back from the position to address recently developed health-related concerns.
  • McAuley will assume an advisory role to Mr. Singh during the transition to continue facilitating the company’s success while remaining focused on his recovery.
  • We offer him nothing but our support moving forward,” Terry Rafih, Executive Chairman of the Board of Directors for Bright Green said Monday.

FarmSense Selected as $750,000 Winner in the 2023 Radicle Inclusion Challenge Presented by Nutrien

Retrieved on: 
Monday, October 2, 2023

RIVERSIDE, Calif., Oct. 2, 2023 /PRNewswire/ -- Today, agtech startup FarmSense, announces that it has been named 1 of 2 winners in the 2023 Radicle Inclusion Challenge presented by Nutrien. Winners were named at the 2023 Women in Agribusiness Summit (WIA), which was held in Nashville, TN. Winners were each awarded a $750,000 investment as part of Radicle and Nutrien's initiative to drive diversity and inclusion within the commercial agriculture sector.

Key Points: 
  • The award-winning Agtech startup named 1 of 2 winners out of 190 global entries in the 2023 Radicle Inclusion Challenge Presented by Nutrien.
  • RIVERSIDE, Calif., Oct. 2, 2023 /PRNewswire/ -- Today, agtech startup FarmSense , announces that it has been named 1 of 2 winners in the 2023 Radicle Inclusion Challenge presented by Nutrien.
  • Winners were named at the 2023 Women in Agribusiness Summit (WIA), which was held in Nashville, TN.
  • Winners were each awarded a $750,000 investment as part of Radicle and Nutrien's initiative to drive diversity and inclusion within the commercial agriculture sector.

Analysis reveals new irrigation tech could save Californian agriculture sector $9.75 billion over 5 years

Retrieved on: 
Wednesday, August 30, 2023

SONOMA COUNTY, Calif., Aug. 30, 2023 /PRNewswire/ -- A new analysis from Lumo, a Smart Agtech company that supports growers and tackles water challenges head on using the most advanced water technology available, reveals that irrigation technology could save Californian farmers $9.75 billion in labor and electricity costs – and a staggering 1.33 trillion gallons of water – over the next five years.

Key Points: 
  • Lumo has raised $3.9 million in pre-seed funding to date, led by Fall Line Capital, a VC focused on farmland and sustainable agriculture technologies.
  • Lumo is backed by an advisory board of notable Agtech executives, VCs and viticulturists that are helping the company accelerate all critical areas of the business.
  • "Lumo's smart irrigation technology has really changed the game for us in the wine industry.
  • The most important aspect of irrigation automation is the ability to deliver water automatically at any time of day or night.

Venture Atlanta 2023 Unveils List of Featured Tech Companies

Retrieved on: 
Wednesday, August 30, 2023

ATLANTA, Aug. 30, 2023 /PRNewswire/ -- Venture Atlanta, one of the nation's most prestigious venture capital conferences, today announced the innovative companies to be featured at its 16th annual event taking place September 27-28 at The Woodruff Arts Center and Atlanta Symphony Hall. To view the list of 83 companies, go here.

Key Points: 
  • "Venture Atlanta 2023 continues to bring attendees all the events they love, including informative panels, big-name keynotes, and networking opportunities—only this year, we're also adding high-stakes pitch competitions for early-stage, growth, and pre-seed/seed-stage companies," said Venture Atlanta CEO Allyson Eman.
  • Also this year, a significant portion—more than 60 percent—of companies that applied are based outside of Georgia, reflecting the growing awareness and pull of Venture Atlanta.
  • Selected companies for this year's Venture Atlanta represent the following states: Alabama, Florida, Georgia, Kentucky, Louisiana, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
  • "For 16 years, Venture Atlanta has been selecting the most promising tech companies and drawing in top investment firms from across the nation," said Emery Waddell, Principal, Vocap Investment Partners and Venture Atlanta Board Member.

Global Quantum Dots Industry Research 2023-2024 & 2034: Inovations Leading to Enhanced Products Utilizing New Configurations - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 16, 2023

The multi-billion dollar quantum dot-enabled TV market will experience further growth this year, with market innovations leading to enhanced products utilizing new configurations in displays, Micro-LEDs, security tagging, medical diagnostics, quantum computing and Agtech.

Key Points: 
  • The multi-billion dollar quantum dot-enabled TV market will experience further growth this year, with market innovations leading to enhanced products utilizing new configurations in displays, Micro-LEDs, security tagging, medical diagnostics, quantum computing and Agtech.
  • Global revenues for quantum dots, historical and market forecast to 2034, by type and market.
  • Assessment of quantum dots on glass, quantum dot colour filters (QDCF) for microLEDS and displays, hybrid QD-NBP displays, hybrid QD-OLED displays, perovskite QDs and inkjet printed QDs.
  • Assessment of graphene quantum dots and perovskite quantum dots market.

Phospholutions Raises $10.15M to Accelerate Commercialization of Higher Efficiency Fertilizers

Retrieved on: 
Tuesday, August 15, 2023

“We are pleased to welcome new investors like Advantage and Keytrade supporting our efforts to accelerate commercialization of our phosphate efficiency technology.

Key Points: 
  • “We are pleased to welcome new investors like Advantage and Keytrade supporting our efforts to accelerate commercialization of our phosphate efficiency technology.
  • Additionally, the continued support from our existing investors really fortifies what we are doing to bring new sustainable fertilizers to the U.S. farmer,” says Jason Burke, Vice President of Finance at Phospholutions .
  • Conventional phosphorus fertilizers exhibit low efficiency, with as little as 10% being utilized by the crop during the year of application.
  • To learn more about Phospholutions and follow their journey, visit www.phospholutions.com or on LinkedIn.