July 20, 2009

Agri-Tech Reaches Significant Milestone

Agri-Tech, a SC start-up that has licensed technology from NC State, today announced that it had reached an agreement with Kusters Zima Corporation to manufacturer torrifaction equipment under license.

The first units are scheduled to be in the market in around a year, and pre-production orders are now being taken.

The technology is believed to be highly scalable -- with initial units targeted in a mid range of around 10 tons per hour. People interested in pricing should contact the company directly.

This is no small milestone. Without significant outside investment, Agri-Tech has been able to fund the placement of the initial units into the market by leveraging the Intellectual Property they have under contract.

This is one to watch.