On May 26th, agricultural technology company Clean Seed Capital Group Ltd. (CSX:CA) announced another notable achievement: the successful in-field performance demonstration of the company's acclaimed CX-6 SMART Seeder. The demonstration's audience included a number of Rocky Mountain Equipment executives and sales reps, and considering the impressive results, it's unsurprising that is resulted in Rocky Mountain finalizing their distribution agreement with consistent innovator Clean Seed.
The CX-6 is the world's first smart seeder, giving commercial farmers the ability to deploy up to six products simultaneously and allowing for pinpoint accuracy for farmers seeding their fields. During the demonstration, the CX-6 SMART Seeder proved its efficacy while seeding on a 5,000-acre farm in Midale, Saskatchewan.
CEO and President Graeme Lempriere perhaps best illustrated the incredible efficacy of the CX-6 in a recent interview with Canadian broadcaster CTV, wherein he likened most current seeding techniques to "trying to paint the Mona Lisa with a giant roller." By comparison, you could say the highly sophisticated performance of the CX-6 can be equated to a top-notch laser printer that captures every nuance of the image.
The CX-6 is built with the help of WS Steel, a company with a long and celebrated history in agriculture. Now that the world-class technology of the CX-6 is established, the deal with Rocky Mountain Equipment helps answer the next logical question: "how will Clean Seed sell the product?" The deal ensures the CX-6 will receive major distribution throughout the North America, and as the company continues to grow, their reach can be expected to extend across the globe.
Clean Seed's Tech Patents Ensure Significant Long-Term Growth
Though the sophistication of the CX-6 SMART Seeder is undoubtedly impressive, it's important to note that this there is far more to this story than just advances in agricultural technology. In fact, it could be argued that this is the first step toward a global shift in how farming is done across the globe. "Our company's true potential goes well beyond just selling SMART Seeders in the prairies in Canada," says Clean Seed Corporate Communications Director Mark Tommasi. "The full potential will be realized when we begin extrapolating from out patents. The work that we're doing, along with our patented technology could very well be the first step in an agricultural revolution across the globe."
Tommasi is referring specifically to the company's clear passage on 17 different claims to patent, ensuring that Clean Seed will remain the only company in the world with the rights to meter product over the opener for at least the next 18 years. Because of the resolution in farming that this process can achieve, the technology could increase productivity and reduce farming costs in ways that could reverberate across the globe within the industry. After all, since Clean Seed controls these patents, they can ensure the technology is scalable for any farm size or industrial agricultural need. "Seeding is a $94 billion industry," says Tommasi, "so you can imagine the sort of growth potential available for a company that takes the lead in the sector."
Clean Seed first came to the public's attention at the 2013 Farm Progress Show, so it's fitting that the company will next be showing off their technology to the public at this year's Farm Progress, June 17 through 19th. Considering the impressive technology and readily apparent potential of Clean Seed's latest ventures, you can expect the company to continue their tradition of making a splash at this year's industry showcase, and inspiring new optimism about the potential for advancement in the agricultural sector.
Disclosure: In the purview of Section 17(B) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that Equities.com, Inc. may be compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way come across as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker, broker dealer, investment advisor, analyst, investment banker or underwriter. All profiles are based on information that is available to the public. The information contained herein should not be considered to be all-inclusive and is not guaranteed by Equities.com to be free from misstatement or errors. Readers are reminded to do their own due diligence when researching any companies mentioned on this website.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer