BioLumic could be a new unicorn, says major shareholder

Business Desk’s article highlights BioLumic's recent advancements and partnerships centered on applying xTraits™ technology to enhance seed traits. Key collaborations with Fonterra and AgriZeroNZ are developing ryegrass varieties with improved dry matter yield, metabolizable energy, and lipid content, aiming to boost forage performance and reduce methane emissions in New Zealand dairy systems. Field trials with Fonterra will begin in 2026, targeting commercial launch by 2028. BioLumic’s xTraits™ have already demonstrated strong results in corn, soybean, and rice, with commercial deployment underway in the U.S. corn market. These partnerships and trial expansions underscore BioLumic's progress toward sustainable, scalable seed trait innovations with significant climate and productivity benefits, supporting investor confidence in its unicorn potential.

Read the full article from Business Desk here: https://businessdesk.co.nz/article/primary-sector/biolumic-could-be-a-new-unicorn-says-major-shareholder

PressJoshua SoongBusiness Desk