Posted in | Nanobusiness

Nanoseeds Technology, 141 Capital Ink Licensing Deal for Protective Crop Coating Technology

Nanoseeds Technology and 141 Capital have inked a licensing deal to produce and sell the Nanoseeds protective crop coating technology in the North American region.

The deal represents the transition of 141 Capital to a company that has the capability to generate substantial revenue in a growth-oriented sector. Nevada-based Nanoseeds Technology’s biologically active nanochip seed coating technology enhances seed germination, plant growth, product quality, and protects seeds from harmful conditions, thus considerably improving crop yield.

So far, testing of the Nanoseeds protective crop coating technology has illustrated meaningful enhancements in a broad array of crops, including a 148% rise in wheat yields, a 65% rise in mung yields, a 52% rise in rice yields and a 26% rise in soybean yields. The technology is compatible with existing seed preparation and planting techniques and needs virtually no alterations to standard machines or current industry procedures.

Nanoseeds technology’s principal inventor is Professor Oleg Figovsky. Theoretical insights developed by Figovsky are the basis of the intellectual property licensed by 141 Capital. Figovsky has more than four decades of experience in various fields, including corrosion protection, sealants, adhesives and specialty coatings.

The Chief Executive Officer at 141 Capital, Errol Stone commented that the company is happy about the licensing deal with Nanoseeds and is thrilled to move towards a new direction and build shareholder value. Nanotechnology has the potential of revitalizing the entire food industry by transforming the way of production, processing, packaging, transportation and consumption of food, Stone concluded.

Source: 141 Capital Inc.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Chai, Cameron. (2019, February 12). Nanoseeds Technology, 141 Capital Ink Licensing Deal for Protective Crop Coating Technology. AZoNano. Retrieved on June 02, 2020 from https://www.azonano.com/news.aspx?newsID=24305.

  • MLA

    Chai, Cameron. "Nanoseeds Technology, 141 Capital Ink Licensing Deal for Protective Crop Coating Technology". AZoNano. 02 June 2020. <https://www.azonano.com/news.aspx?newsID=24305>.

  • Chicago

    Chai, Cameron. "Nanoseeds Technology, 141 Capital Ink Licensing Deal for Protective Crop Coating Technology". AZoNano. https://www.azonano.com/news.aspx?newsID=24305. (accessed June 02, 2020).

  • Harvard

    Chai, Cameron. 2019. Nanoseeds Technology, 141 Capital Ink Licensing Deal for Protective Crop Coating Technology. AZoNano, viewed 02 June 2020, https://www.azonano.com/news.aspx?newsID=24305.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit