YUMA, AZ – Limoneira Firm is about to broaden the usage of Liquid Pure Clay (LNC) know-how on its citrus ranch in Yuma, Arizona, following a two-year pilot’s success. The know-how, supplied by Desert Management, goals to bolster water and nutrient effectivity, which is essential for soil well being and the long-term productiveness of citrus cultivation in desert situations.

The acquisition order acquired by Desert Management on January 31, 2024, entails the applying of LNC to a further 6,652 bushes throughout 60 acres, with the objective to finish the deployment by April 2024. This step is part of Limoneira’s water conservation and sustainability technique, which incorporates fallowing and forbearance packages.

Edgar Gutierrez, Vice President of Farming Operations at Limoneira, affirmed the choice to develop the usage of LNC know-how, citing its effectiveness in enhancing soil well being and optimizing the usage of pure sources. The transfer aligns with the corporate’s dedication to sustainable and worthwhile farming practices in arid areas.

Desert Management’s CEO, Ole Kristian Sivertsen, highlighted the journey from a small pilot challenge in July 2022 to the primary full-scale industrial deployment in the USA, reflecting the rising confidence in LNC know-how’s scalability. The transition from pilot contracts to industrial deployments signifies LNC’s endorsement as a confirmed resolution in sustainable agriculture.

The partnership between Desert Management and Limoneira started with a technical pilot involving 50 bushes and has since demonstrated important enhancements in water conservation. Desert Management has reported a greater than doubling of manufacturing capability per unit and a 30-fold improve in utility effectivity, including worth to the upcoming LNC deployments.

This industrial roll-out of LNC at Limoneira’s ranch marks a milestone for Desert Management, representing the primary full industrial adoption of LNC within the U.S. Marty Weems, Managing Director of Desert Management Americas, expressed enthusiasm for persevering with the work with Limoneira, a pioneer of sustainable desert farming practices.

Desert Management makes a speciality of AgTech options to fight desertification, soil degradation, and water shortage. Its LNC know-how enhances sandy and arid soils to retain water and vitamins, doubtlessly rising crop yields and ecosystem resilience whereas conserving water and pure sources.

The knowledge on this article relies on a press launch assertion from Desert Management.

InvestingPro Insights

As Desert Management (DSRT) continues to make strides in sustainable agriculture with its Liquid Pure Clay (LNC) know-how, the corporate’s monetary well being and future prospects turn into more and more related to traders and stakeholders. In line with real-time information from InvestingPro, Desert Management holds a market capitalization of 38.65 million USD, which is a vital metric for understanding the corporate’s measurement and market worth.

InvestingPro Ideas spotlight that Desert Management holds additional cash than debt on its steadiness sheet and that its web earnings and gross sales are anticipated to develop this yr. These insights are notably pertinent as they recommend a stable monetary basis and potential for progress, aligning with the corporate’s current success in increasing the usage of LNC know-how at Limoneira’s ranch.

Regardless of the corporate’s promising developments, it is very important be aware that Desert Management has not been worthwhile during the last twelve months as of Q1 2023, and it’s buying and selling at a excessive income valuation a number of of seven.68. Nevertheless, analysts predict that the corporate might be worthwhile this yr, which may very well be a turning level for its monetary efficiency.

The InvestingPro platform presents much more in-depth evaluation and extra ideas for these excited about Desert Management’s financials and efficiency metrics. With a particular New 12 months sale, InvestingPro subscription reductions of as much as 50% are at present obtainable. Use coupon code SFY24 to get a further 10% off a 2-year InvestingPro+ subscription, or SFY241 to get a further 10% off a 1-year InvestingPro+ subscription, and acquire entry to quite a few InvestingPro Ideas that may supply a extra complete understanding of the corporate’s potential.

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