Ankeny, Iowa, USA
July 28, 2021
PowerPollen® announced today a commercial license agreement with Bayer designed to help corn seed production growers increase their yields. PowerPollen’s Pollination-on-Demand technology gives farmers greater flexibility by allowing them to optimize the timing of pollinations. By accessing the Iowa-based ag tech company’s first scalable pollination technology for corn seed, Bayer will be providing farmers with the prescriptive expertise they need to increase their seeds’ yield and purity.
“Pollen preservation and handling technologies offer new and efficient ways to produce a crop. We are excited to partner with Bayer for commercial use of our technology,” said Dr. Todd Krone, co-founder and CEO of PowerPollen. “Since launching PowerPollen six years ago, we’ve extended our preservation technology to multiple crops and extended the life of corn pollen from a few hours to over one year.”
Since the 1930s, when commercial corn hybrid seed production was first established, growers managed pollination in corn seed production fields through specific female-male inbred planting schemes that are heavily reliant on favorable weather and environmental conditions for successful pollinations. Adverse weather events and other environmental factors post-planting have always presented significant challenges for pollination, often affecting seed production yield, purity and quality.
“PowerPollen’s technology allows us to mitigate risk in the pollination process and explore several production schemes globally,” said Shannon Hauf, Senior Vice President and Head of Seed Production Innovation at Bayer Crop Sciences. “That further enables our company to provide top genetics and technology in the highest quality seeds to our customers.”
PowerPollen’s patented technology includes collection, preservation and application of pollen in seed production fields using custom-designed tools, and pollen preservation and handling methods built to scale for commercial operations.
The financial terms of the agreement were not disclosed.
About PowerPollen®
PowerPollen offers a breakthrough, scalable technology to collect, preserve and apply pollen on-demand to help improve the productivity, profitability and sustainability of modern farming practices. PowerPollen is headquartered in Iowa with additional research operations in Puerto Rico and Texas.
About Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to drive sustainable development and generate a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2020, the Group employed around 100,000 people and had sales of 41.4 billion euros. R&D expenses before special items amounted to 4.9 billion euros. For more information, go to www.bayer.com.
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