Yield10 Bioscience, founded in 2015, is an innovative agricultural bioscience company focusing on leveraging advanced genetics to enhance crop yields for improved global food security. With its headquarters in Woburn, MA, and a subsidiary in Saskatoon, Canada, the company trades on Nasdaq under the symbol YTEN.
Yield10's hallmark endeavor is utilizing the oilseed Camelina sativa, developing it as a robust platform crop. This platform enables large-scale, sustainable production of various seed products, such as feedstock oils for renewable diesel and sustainable aviation biofuels, omega-3 oils for diverse applications, and potentially PHA bioplastics for biodegradable solutions.
The company's strategic direction emphasizes a grain contracting business model, aiming to satisfy the escalating market demand for low-carbon intensity feedstock oil for biofuels and valuable omega-3 oils for nutritional purposes. As Yield10 Bioscience continues to innovate, it stands on the cusp of delivering substantial contributions to renewable energy and sustainable agriculture.