By way of while finish, greater than $13 million paid to farmers in this system
BERKELEY, Calif., Oct. 21, 2024 /PRNewswire/ — Pivot Bio, a chief agricultural generation corporate, lately introduced that its N-OVATOR® sustainability program has reached a vital milestone, with 1.4 million enrolled acres certified to generate nitrogen credit throughout the 2024 rising season. This fulfillment represents just about double the acreage from the former while, highlighting the speedy adoption of sustainable farming practices amongst U.S. growers.
The N-OVATOR® program, introduced through Pivot Bio to incentivize and praise farmers for decreasing artificial nitrogen importance, has unhidden persisted sturdy expansion since its inception. By way of optimistically changing conventional nitrogen fertilizers with Pivot Bio’s microbes that grant a unutilized supply of nitrogen, taking part farmers can develop an extra income current, get monetary savings on fertilizer and build up surrender attainable, all date making improvements to landscape and watershed fitness.
“We’re thrilled to see such tremendous growth in the N-OVATOR® program,” stated Karsten Temme, important innovation officer and co-founder of Pivot Bio. “This milestone of 1.4 million qualified acres demonstrates our customers’ willingness to join with partners to make it easier for companies across the ag value chain to decarbonize.”
Along with this system’s enlargement, Pivot Bio introduced it has partnered with greater than a part quantity chief agriculture corporations, together with primary client packaged items corporations, element providers, spirit manufacturers and grain consumers, to pay farmers for the affect they made within the 2024 rising season.
“We offer a new source of nitrogen that improves grower economics while also providing value to society through improved soil health, environmental impact and enhanced farm profitability,” stated Chris Abbott, Pivot Bio’s important government officer. “It’s a win-win-win for our partners, the planet and critically, for farmers. In such a tough economic time, we’re proud to be able to help farmers diversify their income and grow margin.”
By way of the tip of the while, Pivot Bio’s N-OVATOR® program can have paid over $13 million to farmers for enforcing higher nitrogen control practices since its settingup in 2022. The N-OVATOR® program supplies annual bills to farmers according to their substitute of man-made nitrogen with Pivot Bio’s microbial supply of nitrogen, with some individuals receiving as much as 50% in their funding in Pivot Bio’s merchandise.
“Our partnerships with these companies mark a significant step forward in rewarding farmers for adopting sustainable agriculture practices,” Temme defined. “The N-OVATOR® program is becoming an integral part of modern farming operations, aligning agricultural practices with global sustainability goals. We invite others across the ag industry to reach out to discuss how you can join us on this journey.”
Taking a look forward, Pivot Bio objectives to extend the N-OVATOR® program through exploring alternatives in unutilized geographies and vegetation. The corporate may be growing next-generation merchandise that might change even upper quantities of man-made nitrogen, probably expanding the advantages for each farmers and the climate.
About Pivot Bio
Pivot Bio is a chief sustainable agriculture corporate turning in to farmers patented shorten vitamin applied sciences that harness the ability of nature to reliably and productively develop the meals the sector wishes within the face of accelerating volatility. These days to be had in North The united states and shortly in Brazil, the corporate’s merchandise are a step forward innovation. They’re a number of the business’s maximum promising shape answers. The corporate’s nitrogen is weatherproof, more secure to care for, and does no longer leach or give a contribution to nitrous oxide emissions. Pivot Bio has been identified two times through Hour brochure on its annual checklist of highest innovations, through Speedy Corporate on its Global Converting Concepts and Global’s 50 Maximum Leading edge Corporations lists, through CNBC on its Disruptor 50 checklist of personal corporations, through Fortune on its Have an effect on 20 checklist of startups riding social excellent and through MIT Tech Overview as one in every of 15 shape tech corporations to observe. For more info, seek advice from PivotBio.com.
SOURCE Pivot Bio, Inc
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