A natural crop protection partner
Besides being a pollination partner, commercially-reared honeybees are playing a crucial role in delivering biological pesticides. Bee Vectoring Technology (BVT) is an agriculture technology company, with a significant global market opportunity in the $240 billion crop protection and fertiliser market. BVT has pioneered a natural precision agriculture system that replaces chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops using commercially grown bees.
BVT’S award-winning technology, precision vectoring, is completely harmless to bees and allows minute amounts of naturallyderived pesticides (called biologicals) to be delivered directly to blooms, providing improved crop protection and yield results than with traditional chemical pesticides – and improving the health of the soil, the microbiome and the environment.
Recently BVT has signed a Memorandum of Understanding with Bioglobal A.S. in
Turkey to accelerate its entry into the Turkish crop protection market. Turkey being an important producer of agricultural products, and bee pollination plays a vital role in Turkish agriculture with an estimated 300,000 bumble bee hives sold in the country annually.
“This milestone represents another step in what we have reiterated about BVT’S overall strategic plan: with the expertise we have gained through increasing adoption of our technology in the US, we are now pursuing geographic expansions to open new, diversified revenue streams. Turkey is an important market for the crops we are focused on, and being a big exporter of these crops, growers there are looking for more consumer-friendly and environmentally sustainable solutions. We are pleased with the partnership we are building with Bioglobal – they are experts in the Turkish market and their focus is on sustainable biological solutions”, said Ashish Malik, CEO of BVT.