STOCK TITAN

Bion Announces Core Optimization Trials Complete

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Bion Environmental Technologies, Inc. (OTC QB: BNET) has completed core optimization testing of its third-generation (3G) waste treatment technology, enhancing system efficiencies for livestock production. The company is advancing to the design phase for its first full-scale commercial system and is engaging with potential production partners. Bion's 3G technology aims to mitigate environmental impacts while providing sustainable products and high-value coproducts to consumers. The livestock industry, valued at $200 billion, could benefit significantly from these developments.

Positive
  • Completion of 3G core optimization trials enhances system efficiencies.
  • Advancement to design phase for commercial scale 3G platform.
  • Engagement with multiple potential production partners.
  • Focus on delivering USDA-certified sustainable products.
Negative
  • None.

NEW YORK, Feb. 3, 2021 /PRNewswire/ -- Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of patented waste treatment technology incorporated within a business model focused on the production of branded sustainable livestock products in the beef, pork, and other sectors, announced it has concluded the core optimization testing of its third generation (3G) technology platform.

Completion of the 3G core optimization trials has resulted in further increases in system efficiencies and performance and opens the way for the design and implementation of a commercial scale 3G platform at a livestock production site. Bion has been in discussions with several potential production partners across multiple animal species.

Craig Scott, Bion's director of communications, stated, "While we will continue to optimize the system as opportunities arise, we can now move forward with final design and engineering for our initial full scale 3G commercial system. In addition, we anticipate subsequent product filings with OMRI (Organic Material Review Institute) in the near future."

Bion's patented third-generation technology was designed to largely eliminate the environmental impacts of large-scale livestock production and deliver a USDA-certified sustainable product to the consumer. The platform simultaneously recovers high-value coproducts and renewable energy that increase revenues. Bion's 3G tech platform can provide a pathway to true economic and environmental sustainability with 'win-win' benefits for at least a premium sector of the $200 billion livestock industry, the environment, and the consumer. For more information, see Bion's website, www.biontech.com.

This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words 'anticipate(s)', 'will be', 'believe', 'expect(s)' and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes.

Cision View original content:http://www.prnewswire.com/news-releases/bion-announces-core-optimization-trials-complete-301221348.html

SOURCE Bion Environmental Technologies, Inc.

FAQ

What recent development has Bion Environmental Technologies announced regarding their technology?

Bion announced the completion of core optimization testing for their third-generation (3G) waste treatment technology.

What industries could benefit from Bion's 3G technology?

Bion's 3G technology primarily targets the livestock industry, which is valued at $200 billion.

What are the expected next steps for Bion Environmental Technologies after the optimization trials?

Bion plans to move forward with final design and engineering for their initial full-scale 3G commercial system.

How does Bion's technology impact sustainability in livestock production?

Bion's 3G technology aims to eliminate environmental impacts of large-scale livestock production while providing sustainable products.

What value does Bion's technology provide beyond animal waste treatment?

The technology recovers high-value coproducts and renewable energy, increasing revenue potential.

BION ENVIR TECHS INC

OTC:BNET

BNET Rankings

BNET Latest News

BNET Stock Data

16.96M
48.47M
20.88%
0.15%
Pollution & Treatment Controls
Industrials
Link
United States of America
Old Bethpage