Next Investors logo grey

Roots granted new design patent in Australia

|

Published 21-JAN-2020 10:42 A.M.

|

1 minute read

Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.

In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.

The below articles were written under our previous business model. We have kept these articles online here for your reference.

Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.


Click Here to View Latest Articles

Roots Sustainable Agricultural Technologies Limited (ASX:ROO) has advised the market that its T-shaped heat exchange stub design patent has been registered by Australian IP, the official government agency.

The design patent protects the intellectual property developed and owned by Roots while distributing globally its unique heat exchange stub designed to efficiently heat and cool any substrate in agriculture.

Patents are pending in other countries.

The stub facilitates efficient heat exchange in any substrate and can deliver a narrow range of optimal root zone temperature year-round.

This news comes on the back of other positive developments in December and January which saw the company’s shares nearly double.

Roots has made strong progress in demonstrating the positive applications of its proven Root Zone Temperature Optimization (RTZO) technology in increasing yields from cannabis crops.

roots summer

Optimal root zone temperature is known to be the most influential parameter for yield, disease load, length of growing cycles and supplies security in plants.

Stub has high-impact in cannabis growing

Root zone heating and cooling systems using the stub have also shown significant energy savings compared with air heating and cooling technologies.

The design patent further strengthens Roots international and Australian IP position following the grant of a “Heat delivery system and method” by the Australian patent office during 2015 for a period of 20 years.

While the stub is used in any substrate, type of crop or structure facility, it is especially appropriate for cannabis and other high-end crops such as berries.



General Information Only

This material has been prepared by Jason Price. Jason Price is an authorised representative (AR 000296877) of 62 Consulting Pty Limited (ABN 88 664 809 303) (AFSL 548573) (62C), and a Director of S3 Consortium Pty Ltd (trading as StocksDigital).

This material is general advice only and is not an offer for the purchase or sale of any financial product or service. The material is not intended to provide you with personal financial or tax advice and does not take into account your personal objectives, financial situation or needs. Although we believe that the material is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given by 62C, Jason Price, StocksDigital, any of their related body corporates or any other person. To the maximum extent possible, 62C, Jason Price, StocksDigital, their related body corporates or any other person do not accept any liability for any statement in this material.

Conflicts of Interest Notice

S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.

Publication Notice and Disclaimer

The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.

Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.

This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.