Through a unique drip irrigation system, the two organizations are going to work together to produce a long-term impact. By 2025, PepsiCo and N-Drip will work together to enable farmers all around the world to embrace game-changing water efficiency technologies over 10,000 hectares (25,000 acres).
Many farmers use flood, or trench irrigation to transport water to their crops all over the world. Flood irrigation floods the field at regular intervals, wasting up to 70% of the water utilized.
Even in water-scarce areas, this technology is still used on 85 percent of all irrigated fields worldwide, or about 600 million acres.
Alternatives to flood irrigation, on the other hand, are prohibitively expensive for many farmers, preventing them from profitably selling their low-margin products.
N-high-efficiency Drip's irrigation system, which is based in Israel, is powered by gravity and harnesses the water-saving benefits of high-pressure drip irrigation while requiring less energy, operating, and maintenance, making it more accessible to all types of farmers and nearly all types of crops.
Farmers who use N-Drip frequently save a lot of water, have higher crop yields and don't have to use as much fertilizer.
Furthermore, switching from flood irrigation to N-drip Drip's irrigation technology can cut carbon (CO2) emissions by up to 83 percent and methane emissions by up to 78 percent.
PepsiCo Labs, PepsiCo's technology venture arm, sourced the relationship.
PepsiCo Labs strives to find and combine breakthrough technology start-ups into PepsiCo's operations to help solve difficult, real-world challenges and achieve commercial goals on a worldwide scale.
About N-Drip: N-Drip is a private company. To date, the company has secured $40 million from strategic and financial investors in the United States and Israel. Australia, India, and the southwestern United States are N-three Drip's primary business hubs, with the company doing business in 17 countries.
The company's operations in the United States are based in Arizona.
Since implementing the gravity-powered irrigation system in 2019, the company has experienced growth in staff, distribution, and revenue in each quarter, with more than 70 present employees working in sales, R&D, manufacturing, and engineering, among other responsibilities.
