BVT has grower commitments from all three major growing regions in the Pacific Northwest: Northern Washington, Eastern Washington, and North Western Oregon.
Bee Vectoring Technologies International Inc. has announced that it has secured its first revenue commitments in the US Pacific Northwest from four blueberry growers in Oregon and Washington. BVT also has secured two R&D demonstration trials in the region.
“This rapid market penetration continues the progress that BVT is seeing in 2021. This is our first year in the Pacific Northwest since the early work done last year was cut short because of escalating restrictions with the onset of the COVID-19 pandemic,” said Ian Collinson, Sales Manager at Bee Vectoring Technologies. “These new commitments align with our 2021 commercialization objectives and demonstrate that our focus on sales and marketing is paying off. We have accelerated penetration in the US Southeast, Midwest and the Pacific Northwest berry markets with revenues secured. This is in addition to kick-starting California and New Jersey with initial trials. We anticipate this strong commercial momentum to continue to build in the US in coming seasons.”
The market opportunity for BVT in the Pacific Northwest is significant, with 25,000 acres of blueberries and caneberries in Oregon and Washington. There is high market demand for Pacific Northwest berries both domestically and overseas, with a large export market to Asia in fresh-packed and frozen berries.
The blueberry bloom period commenced in mid-April and these growers are already using BVT’s proprietary Vectorite with CR-7 (Clonostachys rosea CR-7) (CR-7) biological fungicide and natural precision agriculture system for commercially-managed honeybees on about 80 acres of their approximately 5,000 overall acres of blueberry acres under production. The growers have both conventional and organic acres utilizing the BVT system. Based on common practice and the actions of previous growers trialing the system, the Company expects these growers will add BVT on more acreage across their operations in the coming two to three seasons based on positive results.
BVT has grower commitments from all three major growing regions in the Pacific Northwest: Northern Washington, Eastern Washington, and North Western Oregon. “We are in the second pilot stage of BVT’s sales adoption cycle in the Pacific Northwest, and our second season in the region. Now that we have a foothold in the three major growing regions in the Pacific Northwest, we will leverage grower trial data and endorsements to expand our reach into each region annually”, said Ryan Dragoo, Pacific Northwest Territory Manager at Bee Vectoring Technologies.
