- Bee Vectoring (BEE) has signed a collaboration deal with two major distributors in Northwest Washington
- The agriculture technology company wants to gain significant momentum in sales and business development in this key blueberry producing region, one of the largest in the United States
- BVT’s precision vectoring technology allows naturally-derived pesticides (called biologicals) to be delivered directly to blooms
- Bee Vectoring Technologies International Inc. (BEE) opened trading at C$0.07 per share
Bee Vectoring (BEE) has signed a collaboration deal with two major distributors in Northwest Washington.
The agriculture technology company wants to gain significant momentum in sales and business development in this key blueberry producing region, one of the largest in the United States.
Chief executive Ashish Malik said the company is scaling its business and further increasing the adoption of the BVT system not only in the United States, but also in other major agricultural markets.
“Having a strong presence in the Northwest Washington market will play a strategic role in positioning BVT to expand further geographically into the British Columbia market, which is a significant opportunity that has been part of our strategic expansion plans. Once we receive Canadian registration, we will leverage our relationships and success in Northwest Washington to expand into this major Canadian market. Due to the close geographical proximity of Washington and British Columbia, the growers often have communications with each other, and some have operations on both sides of the border. Additionally, strong trial results in British Columbia have helped us with sales in Washington – as it’s the same climate and growing profile.”
BVT’s Sales Manager, Ian Collinson added that these distributors have committed to actively engage with their extensive list of grower customers to expand and scale the BVT system in the region and the team expects to secure more orders before the blueberry season starts in late spring.
“As a small organization, our strength lies in our technology and the value we deliver to growers. Collaboration and partnerships with distributors play a pivotal role in our overall strategy to scale our presence in major markets, as we leverage distributors’ existing relationships with growers. This strategy allows us to scale our business in the most cost and time efficient manner.”
BVT’s precision vectoring technology allows naturally-derived pesticides (called biologicals) to be delivered directly to blooms. It helps control disease and increase yield while being exempt from key residue testing requirements.
BVT is an agriculture technology company which has pioneered a natural precision agriculture system.
Bee Vectoring Technologies International Inc. (BEE) opened trading at C$0.07 per share.
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