Key Developments:
- Lucent BioSciences embarks on strategic expansion into the US, EU, and Brazil to meet increasing demand for its sustainable agri-food system products, Soileos and Nutreos.
- Partnerships in the US with Van Diest Supply aim to distribute Soileos to Midwest farmers, enhancing crop yields for corn, soybeans, and wheat.
- In Brazil, collaboration with Embrapa and the inclusion of Cleso Morreti, its former CEO, on the board of advisors underscore Lucent Bio’s commitment to advanced agricultural practices.
- The EU sees Lucent Bio initiating manufacturing operations through partnerships with agriculture distributors and food processing companies.
Strategic Expansion Reflecting Global Demand
Lucent BioSciences (Profile), a pioneer in sustainable agri-food systems, announces its significant expansion into key global markets, including the US, EU, and Brazil. This move is driven by the demand for its innovative products, Soileos and Nutreos, which offer solutions for enhancing food production sustainably.
US Market Penetration
The company’s strategic focus in the US includes a partnership with Van Diest Supply to deliver the Soileos micronutrient fertilizer solution to the Midwest, a critical agricultural region. “Our strategic plan to deliver environmentally sustainable products and services to the organic fertilizer market is advancing,” said Lucent Bio’s CEO, Michael Riedijk, highlighting the importance of sustainable practices in agriculture.
Engagement and Innovation in Brazil
The company’s initiatives in Brazil involve working with Embrapa, a leading agricultural research organization, to foster sustainable agri-food systems. The addition of Cleso Morreti to the board of advisors is expected to further enrich Lucent Bio’s strategic direction and impact in the region.
Partnerships in the EU
In Europe, Lucent Bio is setting up product manufacturing operations through collaborations with key industry players, aiming to serve the EU market with its sustainable agriculture solutions. These partnerships represent Lucent Bio’s commitment to driving innovation and sustainability across diverse agricultural landscapes.
Collaboration at the Core
“At Lucent Bio, collaboration is key to driving meaningful change in agriculture,” stated Riedijk. The company’s growth strategy is rooted in fostering partnerships that enhance innovation and sustainability within the agri-food sector, leveraging collective expertise to address agricultural challenges globally.
Sustainability Impact
A collaborative study with Viresco illustrates the potential of Soileos to offset greenhouse gas emissions, reinforcing Lucent BioSciences’ mission to contribute positively to the environment while improving agricultural productivity.
Lucent Bio’s Recent News
Eco-Friendly, Microplastic-Free Seed Coating (2024/02/01)
Lucent BioSciences has launched Nutreos, a non-toxic, plant-based, and biodegradable micronutrient seed coating that addresses the growing concerns about microplastic pollution in agriculture. Nutreos offers enhanced crop establishment without the use of microplastics, and Lucent Bio is actively working on expanding its reach and capabilities. The launch of Nutreos demonstrates the company’s commitment to environmental responsibility and innovation.
Lucent Bio Receives $3.6M for Eco-Friendly Seed Coating Tech Scale-Up (2023/11/08)
Lucent BioSciences has secured over $3.6 million from PacifiCan to scale up Nutreos, their innovative, microplastic-free seed coating technology. This funding boost will advance Nutreos from laboratory research to field application, focusing on enhancing its formulation for effective crop growth. It also enables Lucent Bio to expand its global market reach, making Nutreos accessible to farmers worldwide and promoting sustainable agriculture. This investment will ensure Nutreos’ manufacturing aligns with environmental sustainability standards, supporting Lucent Bio’s mission to provide non-polluting, sustainable agricultural solutions. This development complements the opening of Lucent Bio’s Soileos micronutrient fertilizer plant, further showcasing their commitment to decarbonizing agriculture.
Lucent Bio Secures Patent for Groundbreaking Biodegradable Nutrient Delivery Technology (2023/07/11)
The company has developed a groundbreaking biodegradable nutrient delivery technology that uses water-insoluble biopolymers to offer an eco-friendly and efficient fertilizer solution for sustainable farming. The technology has been patented (US Patent No. 11,691,928) and will be operationalized through AGT Soileos in Western Canada, a joint venture between Lucent Bio and AGT Foods. Lucent Bio is also developing biopolymer-based seed coatings and controlled-release NPK coatings that are plastic-free and biodegradable. For more information, visit LucentBio.com.
The white paper elucidating the action mechanism of this technology can be found here.
Image provided by Lucent Bio
