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zero gravity solutions inc (ZGSI) Snapshot

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zero gravity solutions inc (ZGSI) Details

Zero Gravity Solutions, Inc., a biotechnology company, focuses on the development, patenting, and licensing of stem cells produced in a zero and microgravity environment. The company develops plant, animal, and human stem cells. It was formerly known as Monolith Ventures, Inc. and changed its name to Zero Gravity Solutions, Inc. in March 2013. The company is based in Boca Raton, Florida.

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zero gravity solutions inc (ZGSI) Key Developments

Zero Gravity Solutions, Inc. Establishes Two Operating Subsidiaries; Appoints Executives to Two Subsidiaries

Zero Gravity Solutions, Inc. announced that it has established two wholly-owned subsidiaries, BAM Agricultural Solutions, Inc. and Zero Gravity Life Sciences, Inc. BAM Agricultural Solutions has commenced manufacturing, sales and revenue generation through the receipt of commercial-quantity orders for the company's first agricultural product, BAM-FX. Zero Gravity Life Sciences will continue ongoing research and development work in conjunction with NASA and other institutions. The company has added to its senior management team in order to effectively manage these companies. Mr. Glenn Stinebaugh, who has been involved in sustainable economic development and agricultural projects worldwide for over 25 years, has been named President and CEO of BAM Agricultural Solutions, Inc. Mr. Richard Godwin will shift from his position as President and CEO of ZGSI, while remaining a director, to become President and CEO of Zero Gravity Life Sciences, Inc. Mr. Harvey Kaye, currently serving as Chairman of the Board of ZGSI, will assume the titles of President and Interim CEO of ZGSI.

Zero Gravity Solutions, Inc. and The International Institute of Tropical Agriculture Announce Signing of Memorandum of Understanding to Develop Projects Directed At Food Security and Sustainable Agricultural Intensification

Zero Gravity Solutions, Inc. and The International Institute Of Tropical Agriculture (IITA) jointly announced the signing of a memorandum of understanding (MOU) between IITA and ZGSI's wholly owned, UK-based subsidiary, Zero Gravity Solutions Ltd. (ZGSL). The objective of the MOU is to implement specific research projects to increase agricultural production, food security, and sustainable agricultural intensification with a special emphasis on Sub-Saharan Africa. This research partnership will utilize ZGSI's proprietary BAM-FX technology, an ionic, micronutrient and mineral delivery system for plants, which was originally developed for NASA's human spaceflight program and is now being applied to agriculture here on Earth. Field trials with end user growers in multiple US States on a variety of crops continue to be undertaken on an ongoing basis. Preliminary results from these trials indicated that BAM-FX has a beneficial effect on crop yield, including rooting, greater biomass, higher chlorophyll reactivity and increased sugar content. BAM-FX is able to systemically deliver minerals such as zinc and copper and other micronutrients into the cells of plants without Genetic Modification.

Zero Gravity Solutions, Inc. Establishes 'Zero Gravity Solutions Ltd'; Appoints Hugh Chambers as Managing Director

Zero Gravity Solutions, Inc. announced that it has established a wholly owned subsidiary, Zero Gravity Solutions Ltd. (ZGSL), to service the company's operations and interests in the European Union (EU) and other international markets. As of 16 December 2013, ZGSI is a 100% owner of ZGSL. ZGSL has established an office at Harwell Oxford's Satellite Applications Catapult facility at the Harwell Campus in Oxfordshire, United Kingdom (UK), a major space, biotech and life science development site in the UK. Harwell Oxford is a 50,000 square foot new building on this site. Mr. Hugh Chambers is the newly appointed Managing Director of ZGSL. Mr. Chambers is a highly experienced international senior executive. His career includes the establishment of international business collaborations, joint ventures and overall business development strategies in over 80 countries worldwide.


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