Local Bounti Corporation Granted Patent for Stack & Flow Technology
Craig Hurlbert, Chief Executive Officer of Local Bounti, expressed his pride in the company’s recent patent for its innovative Stack & Flow Technology. This milestone from the United States Patent and Trademark Office reinforces Local Bounti’s position as a leader in sustainable indoor agriculture.
Local Bounti’s Stack & Flow Technology combines vertical and greenhouse growing methods, leading to enhanced productivity and efficiency. This approach, currently used in four out of six facilities, results in lower costs, higher yields, and improved labor efficiency compared to traditional farming practices.
Local Bounti’s commitment to sustainability is reflected in its operations, which significantly reduce land and water usage. This approach, blending controlled environment agriculture with natural elements, ensures access to fresh, locally grown produce while benefiting the environment.
With its Stack & Flow Technology®, Local Bounti is transforming indoor farming, providing fresher, more nutritious produce to consumers and having a positive impact on the agricultural landscape. Through its brands, Local Bounti® and Pete’s®, the company is poised to revolutionize the industry.
Analyst comment
Positive news. The market for indoor agriculture is expected to grow as Local Bounti’s patent for Stack & Flow Technology provides them with a competitive edge. Their innovative approach and commitment to sustainable farming practices position them as leaders in the industry. With improved productivity, efficiency, and distribution capabilities, Local Bounti is set to revolutionize indoor farming and provide fresher produce to consumers. This could lead to increased demand for their products and potentially transform the agricultural landscape.
