The buzz about Bee Vectoring Technologies Intl (Bee Vectoring Stock Quote, Chart TSXV:BEE) is that 2019 could be its breakout year. Already, they’ve announced their first commercial sales of its proprietary bee-based crop enhancement tech to strawberry growers in Florida.
This week, Cantech Letter spoke to CEO Ashish Malik of Bee Vectoring, who gave a presentation on the company on Tuesday at the 2019 Cantech Investment Conference in Toronto.
“2019 is frankly a huge year for us,” Malik said. “It’s the year in which we transition from being an R&D company into a commercialization company. It’s about getting our EPA registration later in the year, which gives us the freedom to operate throughout the United States.”
“In terms of a national campaign, that will come after the EPA registration, which is a critical milestone for us in 2019,” he said. “What that really does is validate us in the eyes of potential partners internationally. That will allow us to speed up market expansion globally.”
BVT’s novel technology uses bumblebees and honeybees to deliver fungicidal power to crops, providing a much more targeted delivery than other approaches. Currently, Bee Vectoring’s system is being used on just one per cent of Florida’s strawberry fields.