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- ClearVue Technologies (CPV) enters a three-way collaboration agreement with Foresense Technologies and Produsense
- Foresense specialises in artifical intelligence analytics, while Produsense is a data-powered farming specialist
- This agreement will see all three companies offer a data-driven solar PV-powered smart greenhouse using ClearVue’s electricity glazing technology
- During the first year of the agreement, the parties must jointly collaborate on at least one commercial greenhouse under a trial project
- ClearVue is down 10.9 per cent with shares trading at 24.5 cents
ClearVue Technologies (CPV) has entered a three-way collaboration agreement with Foresense Technologies and Produsense.
Foresense is a software and hardware developer that specialises in real-time presence and analytics to collect, analyse and act on behavioural trends.
Produsense, which is partially owned by Foresense, provides agri-tech solutions for data-powered farming to reduce food wastage and increase shelf life, crop yields and food safety.
Produsense CEO Adam Leslie commented on the collaboration agreement.
“By working with ClearVue, the Produsense and Foresense teams seek to demonstrate the world’s smartest sustainable greenhouse for commercial production of greenhouse agricultural produce via collaboration across the three companies,” Mr Leslie said.
“We believe the technologies are all complementary and our respective businesses are aligned to take on this rapidly growing opportunity – we are looking forward to seeing where this collaboration can take us.”
This agreement will see all three companies offer a data-driven solar PV-powered smart greenhouse using ClearVue’s electricity glazing technology.
This greenhouse will combine the knowledge, skills, marketing and intellectual property of all three parties.
During the first year of the agreement, the parties must jointly collaborate on at least one commercial greenhouse under a trial project.
Subject to the success of this trial, the parties will discuss possibly establishing a joint venture.
ClearVue Executive Chairman Victor Rosenberg said the company is pleased to partner with Foresense and Produsense.
“We are very pleased to be working with both teams to explore the opportunity for smart greenhouses – intelligent data-driven greenhouses that utilise ClearVue’s PV glazing with the added smarts of the Foresense and Produsense technologies.
“The aim is to provide an optimum growing environment with highly controlled temperature ranges and power generation for greenhouse operations delivered with the ClearVue PV glazing which seeks to further refine the environmental control and management of greenhouse the optimise growth, yields, harvesting times, energy use and water use.”
ClearVue was down 10.9 per cent with shares trading at 24.5 cents at 1:48 pm AEDT.
