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Stock impact report

Local Bounti Receives Patent for Stack & Flow Technology® [Yahoo! Finance]

Local Bounti Corporation (LOCL) 
Company Research Source: Yahoo! Finance
agriculture company, announced today that the United States Patent and Trademark Office issued a patent to the Company on February 13, 2024 for its proprietary Stack & Flow Technology. "This is an amazing accomplishment for our entire organization which has worked tirelessly to design a robust solution, and we are pleased to have received the grant from the U.S. Patent and Trademark Office recognizing our innovations while further extending our intellectual property and competitive lead," commented Craig Hurlbert , Local Bounti's Chief Executive Officer. "It is exhilarating to think about all the families that will benefit from delicious, locally grown produce that we grow utilizing sustainable methods. This is a win for families and the environment." Local Bounti utilizes its proprietary Stack & Flow Technology at four of its six growing facilities to enhance productivity in support of its distribution to a national customer base that spans approximately 13,000 retail doors. Stac Show less Read more
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