Under the European Regulation Fertilizing Products (EU) 1009-2019, Elicit Plant has been granted market authorization to commercialize two new products in the EU27 countries end of 2023, meaning much earlier than expected at the time the application for the EIC Accelerator grant was drafted. This marks a significant milestone in the company’s development, as it unlocks major markets for cereals, and sunflower, complementing its successful first product launch of Best-a, controlling drought stress in maize. Altogether, these three crops represent a substantial potential area of 48 million hectares, now accessible for Elicit Plant’s unique and innovative drought stress mitigation products. Three different products will be available in the 27 EU countries: Elizea for corn, EliGrain-a for straw cereals, and EliSun-a for sunflower. All have validated significant yield increases under drought conditions, thereby supporting farm economy and helping to mitigate the overarching risks associated with climate change.
Extensive field trials carried out in 2023 have proven that Elicit Plant’s phytosterol-based biosolutions are the only ones providing farmers with a regular and sufficient return on investment for use in large-scale crops, yielding an average increase in productivity of 12%. Best-a, as well as the new products EliSun-a and EliGrain-a have demonstrated exceptional performances, ensuring average yield increases of over 10%, with additional yields beyond two tons in optimal conditions. These solutions provide a crucial response to climate challenges, reinforcing agricultural resilience against weather uncertainties.