• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Cleantech Market
    Cleantech News
    Cleantech Stocks
    • Cleantech Market
    • Cleantech News
    • Cleantech Stocks
    cleantech investing

    VIDEO - Bee Vectoring Technologies Eyes the European Union

    Bala Yogesh
    Feb. 07, 2019 04:00PM PST
    Cleantech Investing
    TSXV:BEEplay icon

    Ashish Malik, CEO of Bee Vectoring Technologies, spoke to INN about the company’s expansion plans for Europe and its new honey bee solutions.

    At the recently-held Cantech Investment Conference, Ashish Malik, CEO of Bee Vectoring Technologies (TSXV:BEE), spoke to the Investing News Network about the company’s expansion to Europe and its additional plans for 2019.

    Malik said people in Europe are looking to “drive change” in agricultural practices, making it an attractive market for Bee.

    While the company submitted its solutions for regulatory approvals in Switzerland in 2018, Malik said that it has “plans” for launching its products in the European Union (EU).

    “We actually haven’t submitted for [regulatory approvals] as of yet because it is a big investment, so we want to do it at the right time,” he said. “We expect late 2019 [or] early 2020 to initiate the EU process.”

    In late January, Bee announced the invoicing of its bee-based crop enhancement technology which Malik said is a “super exciting milestone” for the company.

    “It’s a huge milestone for us, and it’s just a beginning,” he said. “It’s a pilot revenue [and] it’s a fairly limited launch, but bigger and better things are to come for us.”

    Malik also reflected on the company’s presentation at the conference in which it revealed the testing of a honey bee solution in the fields of Georgia.

    “Most of the work that we have done until now is been focused on bumble bees. Bumble bees are great, they’re great pollinators but they’re also not widely used in many outdoor crops,” he said. “So we now built similar dispensing technologies that would work with honey bee hives.”

    According to Malik, the new solution will open up more opportunities for Bee that wouldn’t have been possible with the bumble bee system.

    “We’re now going to be testing our prototypes of the honeybee system in 2019, moving toward hopeful commercial introduction of a honey bee dispenser probably in 2020,” he said.

    Malik said a big focus of Bee in 2019 will be the “successful commercialization” of its solutions in the US. Additionally, the company is hoping to work on its market expansion projects, which includes initiating development efforts in Mexico.

    For more on what Malik had to say, watch the video above.

    Don’t forget to follow us @INN_Technology for real-time news updates!

    Securities Disclosure: I, Bala Yogesh, hold no direct investment interest in any company mentioned in this article.

    Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in contributed article. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

    cleantech investingtsxv:bee
    The Conversation (0)

    Latest News

    Kings Chapel Converts $2 Milllion of Convertible Loan

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Cleantech Investing Stocks

    Westport

    WPRT

    Carbonxt Group

    CG1:AU

    Provaris Energy

    PV1:AU

    Troy Minerals

    TROY:CC

    CoTec Holdings

    CTH:CA

    Innovation Mining

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×