#United States #Source Agriculture #Ascribe Bioscience #Phytalix #Carson City

Source Agriculture's Strategic Move in Sustainable Crop Protection

On November 27, 2024, Source Agriculture Corp., a forward-thinking company in agri-tech investments, announced a significant strategic investment in Ascribe Bioscience. This pioneering company, established in 2017, is dedicated to developing sustainable solutions for crop protection, focusing on harnessing the potential of the soil microbiome.

Ascribe’s flagship product, Phytalix®, represents a revolutionary approach to plant health. Acting akin to a vaccine for crops, Phytalix® primes plants’ immune defenses against various pathogens. It is based on naturally occurring molecules produced by soil organisms. Furthermore, Phytalix® has shown remarkable effectiveness across diverse crops, such as corn, wheat, soy, rice, potatoes, and tomatoes. As a non-toxic, biodegradable, and non-GMO solution, it stands as an environmentally responsible alternative to traditional chemical pesticides and costly biological treatments.

How Phytalix® Works

The innovative Phytalix® product works by boosting the natural immune response of plants, enabling them to better cope with stressors like diseases and pests. Available as a seed treatment or foliar spray, it requires minimal active ingredients, thereby reducing costs associated with crop protection while promoting ecological sustainability in farming practices.

Ascribe’s unique utilization of advanced metabolomics enables the discovery of small molecules that not only enrich plant health but also enhance agricultural productivity. Unlike traditional products that involve live microbes or complex mixtures, Ascribe’s biobased products are designed to be shelf-stable and reliable under varying field conditions.

Source Agriculture's Vision

Aman Gill, President and CEO of Source Agriculture Corp, expressed strong belief in the future represented by Ascribe Bioscience's approach to sustainable crop protection. He stated, "Their innovative platform and commitment to natural, effective solutions align perfectly with Source Agriculture's mission to support technologies that not only improve farming productivity but also contribute to environmental sustainability."

The investment in Ascribe Bioscience amplifies Source Agriculture's commitment to fostering companies that champion high-tech, sustainable agricultural solutions in their endeavor to combat the pressing challenges of modern farming.

Enhanced Crop Protection and Environmental Responsibility

With the global agricultural industry under pressure to use less harmful chemicals and embrace more sustainable practices, Ascribe Bioscience’s innovations provide essential alternatives to chemical pesticides. The proven efficacy of Phytalix® offers farmers a reliable tool for boosting crop yields and addressing environmental concerns, meaning that Ascribe’s work will likely influence the dynamics of crop protection strategies internationally.

About the Companies Involved

Source Agriculture Corp. specializes in ag land acquisition and agtech investments, primarily targeting pioneering innovations within the agriculture and agri-tech sectors.
The company is committed to improving the efficiency and environmental impact of farming through sustainable solutions.

Ascribe Bioscience, rooted in groundbreaking studies from Cornell University's Boyce Thompson Institute, aims to leverage the soil microbiome to create natural crop protection products. Their mission revolves around developing solutions that make farming both sustainable and cost-efficient. Ascribe’s pioneering work resonates with the pressing urgency to redefine plant-health strategies in agriculture.

In summary, Source Agriculture Corp.'s investment in Ascribe Bioscience marks a significant step forward in the movement toward sustainable agriculture. By supporting innovative companies like Ascribe, Source Agriculture not only facilitates the growth of environmentally safe solutions but also plays a critical role in the transformation of global agricultural practices.