USDA NIFA Awards Phase II Small Business Grant To LATERAL
FOR IMMEDIATE RELEASE
LATERAL Granted $650,000 To Develop An Edge Based Indoor Farm Monitoring Platform
PORTLAND, OREGON, October 9, 2023 – LATERAL.systems LLC (LATERAL), an emerging AgTech Platform Company, announced that they have received notification from the U.S. Department of Agriculture’s (USDA) National Institute of Food and Agriculture for a Small Business Innovation Research (SBIR) Phase II grant award to advance their company’s research efforts to develop an “on-premise” smart edge platform targeting indoor growing environments for rural and urban farms.
“The National Institute of Food and Agriculture (NIFA) provides leadership and funding for programs that advance agriculture-related sciences. We invest in and support initiatives that ensure the long-term viability of agriculture. NIFA applies an integrated approach to ensure that groundbreaking discoveries in agriculture-related sciences and technologies reach the people who can put them into practice.”
This award achievement is a continuation of the Phase I SBIR funding from NIFA.
For information regarding NIFA: https://www.nifa.usda.gov
About LATERAL
LATERAL’s motivation is to provide smart agriculture technologies as the world’s relationship with food is changing in response to pressures related to health, climate, energy and scarcity of fresh water.
Founded in 2021, LATERAL.systems LLC is a platform company targeting Indoor Agricultural Farming Systems. Our mission is to empower farmers with data insights to advance regenerative production of food.
For more information about LATERAL please contact:
LATERAL.systems LLC
PO Box 2367
Lake Grove, OR. 97035