Bion Environmental Technologies, Inc. Receives Notice of Allowance on New 3G Technology Patent
January 29, 2020 at 09:40 am
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Bion Environmental Technologies, Inc. announced that it received a Notice of Allowance from the US Patent Office, indicating that it will issue a second patent on the company's third generation (3G) technology platform. The new patent was applied for in June 2017 as a continuation-in-part of the patent that was issued in October 2018, which became the first patent issued on the 3G tech platform. The new patent, when issued, will provide broadened protection for improvements to the technology platform that will enable naturally-occurring ammonium and bicarbonate in the waste stream to be captured, separated, distilled, precipitated and concentrated into a solid (crystal) ammonium bicarbonate, a water-soluble, readily-available nitrogen fertilizer product. Consumer demand, industry investors and environmental impacts are forcing the $200 billion animal protein industry into a more sustainable twenty-first century. Toxic algae blooms, dead zones and contaminated groundwater show the company cannot continue to fertilize half of America's crops with raw untreated manure. Cleanup is inevitable but comprehensive treatment will be expensive and require additional revenues to offset costs, with exporters especially vulnerable to increased costs not balanced by offsetting revenues. Bion's patented 3G treatment platform is designed to generate revenue from all aspects of the waste stream: maximizing coproduct and renewable energy (RE) values; generating verified nutrient and RE credits; as well as producing USDA-certified sustainably branded protein products (or other branding) that can command a premium to traditional commodity pricing.
Bion Environmental Technologies, Inc. is engaged in developing sustainable solutions for livestock agriculture. The Company's patented technology provides advanced waste treatment and resource recovery for large-scale livestock production facilities (also known as Concentrated Animal Feeding Operations, or CAFOs). The Company's third-generation technology and business/technology platform (Gen3Tech) can mitigate various environmental problems, while simultaneously improving operational/ resource efficiencies by recovering high-value co-products from the CAFOsâ waste stream. Its Gen3 Tech is designed to capture and stabilize these assets and produce renewable energy, fertilizer products, and clean water as part of the process of raising verifiably sustainable livestock. It is also focused primarily on the development/construction of the Dalhart Project and developing applications and markets for its sustainable animal protein products and its low carbon organic fertilizer products.