Goterra Market Research Report
Company Overview
Name and Mission of the Company
- Goterra
- Mission: Goterra is reimagining food waste management by integrating natural biological systems with advanced technology to tackle climate change, reduce food waste, and secure the global food supply chain.
When Was the Company Founded and by Whom
- No information is available
Key People in the Company
- Olympia Yarger, Founder & CEO: Olympia has a global vision to decentralize food waste management using insect-powered infrastructure.
- Justin Frank, Head of Strategy and Communications: Justin brings over two decades of experience in sustainable development strategies.
- Volant Wills, Head of Operations: Volant has experience in managing agricultural and industrial facilities, and leads the research and development team at Goterra.
Headquarters
- Headquartered in: Canberra, Australia
Number of Employees
- No information is available
Revenue of the Company
- No information is available
What is the Company Known For
Goterra is known for its innovative approach to food waste management using Modular Infrastructure for Biological Services (MIBs) to convert food waste into sustainable protein and fertilizer using black soldier fly larvae.
Products
What Products Do They Offer
1. Modular Waste Management Units
2. Insect Protein and Fertilizer Products
High-Level Description of the Products
1. Modular Waste Management Units
- Description: Goterra's modular, autonomous waste management units process food waste using black soldier fly larvae. These units can be integrated into existing waste infrastructure or operated at Goterra's facilities.
- Key Features:
- Autonomous and modular design
- High tolerance for waste contamination, including plastic and human effluent
- Cost-effective and sustainable
- Reduces landfill emissions by up to 97%
- Services include onsite installation and waste collection
2. Insect Protein and Fertilizer Products
- Description: The insect farms produce high-value protein and fertilizer from food waste. Insects convert the waste into sustainable products in 12 days, which are beneficial for animals, plants, and potentially human consumption.
- Key Features:
- Black Soldier Fly Protein: Suitable for pet food, animal feed, and aquaculture
- Mealworm Protein: Safe for human consumption and pets
- Frass (Insect Byproduct): Nutrient-rich fertilizer that enhances soil productivity
Recent Developments
What Are the Recent Developments in the Company
1. Expanding Operations
- Goterra has been expanding its operations, including the launch of a new facility at Albury Waste Management Centre in partnership with Albury City Council, Woolworths, and Veolia.
2. Recognition
- Winner of the Food & Agribusiness Award at the Australian Technologies Competition, acknowledging the company's potential to grow the circular economy for food and organic materials.
What Are the New Products Launched
- No information is available
What Are the New Features Added to the Existing Products
- No information is available
Any New Partnerships etc
- AlburyCity Council, Woolworths, and Veolia: Recent partnership for the new Albury facility to enhance the region's sustainability outcomes and drive towards a net-zero waste target.
- Lendlease, Woolworths Group, and Queanbeyan-Palerang Regional Council: Partnerships aimed at large-scale waste processing and zero-waste initiatives.
By reimagining waste management and aligning with businesses focused on sustainability, Goterra continues to lead the way in tackling the global food waste crisis and creating a circular economy for Australia's waste management system.