New Jersey Patent of the Month – September 2022

Greenhouses are exceptionally important in providing crops shelter from excess cold and heat to ensure healthy crops are grown. While we may be familiar with the purpose of a greenhouse, we may not be as knowledgeable on the business side of things. This includes analyzing the amount of waste produced during crop production, evaluating changes in customer orders, and anticipating produce demand. Conventional methods typically involve using fertilizers and chemicals to simply maximize crop yield, or experiment with growing different crops to see which one is in more demand. 

Edible Garden AG Inc. (Edible Garden) is committed to improving farming practices by utilizing technology to effectively grow food and flowers in an indoor, controlled environment. They have a passion for sustainable farming and use energy-efficient technologies to deliver products cultivated with the safest standards.

Edible Garden’s development is a computer-based system that aggregates data to ensure farmers are reducing waste by limiting the amount of crops produced based on predictive data functions. The software receives data based on customer orders for greenhouse crops, and processes this information to predict future demand. This data is utilized to generate crop production and pallet loading instructions. 

Cameras are used to capture images of the greenhouse crops, and these images can be processed to determine crop health, size and readiness to harvest. The cameras also capture images that allow the computer system to monitor environmental conditions. This data is recorded and tracked with high accuracy, enabling predictions and determinations as to how much of a given crop will be available at a given point in time. By utilizing this innovative software, farmers can accurately predict demand, grow only in-demand produce, reduce waste, and increase revenue, all while supporting sustainability and convenience for consumers.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

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