WOBURN, Mass — Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, today announced that the harvest of a majority of the winter and spring Camelina sativa (“Camelina”) grain produced under grower contracts in 2022/2023 has been completed. This harvest marks the establishment of the Company’s “Camelina Seed Genetics to Biofuel” platform, as the Camelina grain is being delivered to an offtake partner that has crushed the grain and refined the oil into biofuel. As a result, Yield10 has begun generating revenue from Camelina grain delivery for the production of feedstock oil for sustainable transportation fuels. Yield10 expects the revenue stream from sales of Camelina grain to be a key contributor to the Company’s financial profile in the coming years.
Read more on the Yield10 website: https://www.yield10bio.com/press/yield10-bioscience-completes-harvest-of-a-majority-of-the-2023-winter-and-spring-camelina-grain-grown-under-contract-generating-revenue-from-biofuel-production