- Deveron (FARM) has signed a fourth client to its carbon services platform
- The C$105,000 enterprise contract involves a leader in the agricultural technology space
- The company’s platform facilitates the accurate measurement of carbon sequestration in agricultural land
- Deveron is an agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve outcomes
- Deveron (FARM) is down by 2.53 per cent and is currently trading at $0.77 per share
Deveron (FARM) has signed a fourth client to its carbon services platform.
The C$105,000 enterprise contract – which involves a leader in the agricultural technology space – is in support of a carbon program that covers Ohio, Indiana and Illinois.
Pursuant to the contract, Deveron will provide a scalable and streamlined process for collecting, analyzing and sharing in-field soil carbon data.
The company’s platform facilitates the accurate measurement of carbon sequestration in agricultural land, thus maximizing the creation of reliable and credible carbon credits.
David MacMillan, Deveron’s President and CEO, stated,
“Deveron has invested significantly in our digital ecosystem and boots-on-the-ground network to create a vertically integrated carbon soil data solution for the market. This has positioned Deveron to be a natural partner for any company looking to scale and leverage high-quality soil data with a direct digital connection back to their respective databases.
High-value agricultural carbon credits are a product of high-fidelity data. Deveron’s end-to-end platform provides a single chain of data custody assuring that the data utilized in our client’s carbon programs are of the highest grade.
We believe these early enterprise carbon platform deals are symbolic of the greater market’s need for a solution to scale ESG carbon initiatives. We see the demand for agricultural carbon only increasing as more industries look to agriculture for a solution to their ESG plans.”
Deveron is an agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve outcomes.
Deveron (FARM) is down by 2.53 per cent and is currently trading at $0.77 per share as of 1:37 pm ET.
