Inc. Magazine revealed today that Utah-based Aqua-Yield, is No. 3077 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Aqua-Yield’s line of products improve the efficiency of fertilizer and farm chemicals using its Enhanced NanoShield Delivery™.
“It’s a huge honor to be recognized on the Inc. 5000 with all of these entrepreneurial companies,” said Clark T. Bell, CEO and co-founder. “Aqua-Yield’s main purpose is to solve agronomic problems for farmers. Since 2014 we have showcased the fertilizer of the future. Our team is excited for more expansion and impact toward rural communities throughout the world. We want to thank our incredible employees, investors and the farmers that we support for believing in the Aqua-Yield mission.”
Established in 2014, Aqua-Yield’s patented line of products, including NanoGro® and NanoPro™, are being used in 38 states and countries around the world. The 2019 Inc. 5000 is ranked according to percentage of revenue growth when comparing 2015 and 2018.
University honors company for commitment to business and students
Aqua-Yield’s ® commitment to business and students has landed the nanotechnology company a unique honor from the University of Utah. The university’s Career & Professional Development Center named Aqua-Yield® as its Employer of the Year, for its dedication to creating student success and to the overall motivation of students through the company’s intern program.
And the reason the honor is so special to Aqua-Yield is, the nomination came from one of its own interns, Kyle Isaacson, a current PhD candidate at the Nano Institute at the university.
In Kyle’s own words, “Even though the company has grown impressively while running an honest and environmentally-friendly operation, the upper management places an even greater focus on ensuring employee happiness and skill development. I strongly encourage the committee to give Aqua-Yield serious consideration for the award. The company has focused on bringing nanotechnology into the agronomy field, coining words such as “nanogronomy” and “nano-shield technology”.
Kyle continued, “I joined Aqua-Yield as a Product Development Intern this past summer with little expectation of having significant interaction with company upper management. My belief proved to be sorely unfounded, as nearly all members of upper management scheduled individual meetings with me and/or took me out to lunch within my first week, including Clark Bell (CEO), Landon Bunderson (CSO), Mike Bullock (COO), and Warren Bell (Chairman). My respect for each of them grew immensely as they personally shared their vision for the company and expanded that I, as an intern, had a very distinct and important role in making that vision a reality.”
“Kyle is an exceptional young man and to have him nominate Aqua-Yield® is sincerely one of the finest tributes our young company could receive,” says Clark Bell, Aqua-Yield® CEO. “We must always have our ‘business eyes’ set on research, development and growth of our nanotechnology, but an integral building block of any successful company is the manner in which it treats and manages employees (interns). What a special event indeed for Kyle to recognize our overall corporate commitment to the mainstay of our company’s mission statement.” Aqua-Yield® was presented the award during a dinner/ceremony at the university.
Co-founded in 2014, Aqua-Yield® introduced the “smallest innovation in agricultural history”; nanoparticulation. Aqua-Yield’s technologies deliver materials directly to the plant’s cells leading to a much higher overall efficiency, resulting in significant advantages for the grower. Results of the company’s unique technologies include; higher yields, lower cost inputs, shorter crop cycles, less environmental impact and an increase in nutrient impact.
Five years after introducing its crop fertility products with nano technology, Aqua-Yield is eyeing further product development while expanding its footprint.
“Today, 75% of our revenue comes from our ag products, and the balance is from the turf business,” says Aqua-Yield Clark Bell. “We currently have 30 distributors in the U.S, but we are looking to double that be the end of 2019.”
Bells says this includes expanding beyond its farmer network of distributors to include traditional ag retail and dealers, with those coming on-board in the first or second quarters of 2019.
Another development for the company is forming a first of its kind collaboration between the company and University of Utah’s Center for Technology & Venture Commercialization. This university/corporate partnership is located at the university’s Nano Institute, which is overseen by co-director Dr.Hamid Ghandehari.
Farmers need to produce 70% more food by 2050 to feed the population, and agricultural biotechnology companies are working with farmers to achieve this. Biotechnology innovations give farmers the capability to increase plant and animal production yield, whilst decreasing the costs. Biotechnology advancements are also allowing farmers to grow more food on less land, advocating farming practices that are more environmentally sustainable.
Below are six leaders in biotechnology that are making meaningful changes within the agribusiness industry.
In an industry that is constantly striving to revamp its public image, there’s no getting around the thorny issue of wasted fertilizer.
As a recent FAO report from the UN states, “Poor use efficiency of current fertilizers is a major issue. For instance, in China, the world’s largest consumer of nitrogen fertilizer, up to 50% of the nitrogen applied is lost by volatilization and another 5% to 10% by leaching.”
A study from Tamil Nadu Agricultural University in India found that, “Nutrient use efficiencies of conventional fertilizers hardly exceed 30-35 %, 18-20 % and 35-40 % for N, P and K respectively.”
DRAPER — Picture this scene: Son walks into his dad’s office at the family sod farm business.
Clark Bell, still in his 20s, clears his throat and says to his 50-something father, Warren, “There’s this new fertilizer technology I think we should try.”
Warren Bell rolls his eyes. Bear in mind, he has been growing grass ever since his father, T.H. Bell, started BioGrass Sod Farm way back in 1979 — a year before T.H. left for Washington, D.C., to serve as secretary of Education in Ronald Reagan’s Cabinet.
Warren Bell has heard his share of fertilizer sales pitches.
Clark Bell, left, and his father, Warren, co-founders of Aqua-Yield.
Clark Bell keeps talking. This isn’t fertilizer, per se, he explains. This is technology that infuses purified water into a product, creating nano particles that render the product considerably more potent. Applying it to fertilizer means you’ll need less fertilizer, not more, and you’ll get better results.
Following through on a long-stated desire and commitment to place Aqua-Yield® products around the globe, the company today announced the expansion of the Aqua-Yield® Farmer-Dealer Network, to include Australia, New Zealand and Japan. It is anticipated that farmers in Mexico and India will soon join the network and also begin offering Aqua-Yield® products. The new distributors become part of the United States-based Aqua-Yield Farmer Dealer Network®. The move comes as the company adds additional product offerings, moves away from larger, tote and tanker loads of product, and almost totally towards the 2.5 gallon product containers, which easily fertilize 80 acres of land.
It has been confirmed that the innovative nanotechnology solution provider, Aqua-Yield®, will be adding their deep knowledge and understanding of US agriculture to the proceedings of Agriculture 4.0 to help tackle the most pressing issues facing the stability and security of the industry.
Nanotechnology is a rapidly growing sector, with more and more stakeholders from throughout the agricultural supply-chain increasing their engagement with the field. What is driving this is not only being able to control practices and farming variables on the ‘nano’-scale, but also the promise of improved operational efficiencies and effectivity through innovative technological solutions.
Innovation on a small scale is rarely viewed as impressively in today’s world of “bigger is better”. Yet, a small start-up company in Utah is developing a process for delivering nutrients to plants that has the potential for a monumental impact in how farmers grow food for a hungry planet.
Sometimes called the world first environmentalists, farmers have always been concerned with being efficient and producing more while reducing their inputs, costs, and impact on the environment. According toGerman chemical company BASF, the world population doubled between 1970-2010, and yet farmland is decreasing in the United States. In fact, an extra 2.5 billion people will inhabit the earth by the year 2050, requiring farmers to grow 70 percent more food than is currently being grown.