Scope Carbon Corp. announces that further to the terms of its Business Co-Operation Agreement dated June 3, 2022 with Farm Flight, Inc., an Arizona based crop intelligence company. The Company has now received its initial package of unprocessed data (the “Data Package”), which will be used, among other things, in the initial training of its technology.
The Data Package collected by Farm Flight’s advanced imaging technology, is intended to be used for creating carbon verification metrics. The technology that is anticipated to be derived from Farm Flight and Scope’s collaboration is expected to create a new way for consumer packaged goods companies to track carbon sequestered out of the atmosphere by their farmers. Using the data products that Farm Flight and Scope are creating, companies will gain the ability to reach carbon neutrality faster.
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“Farm Flight has extensive experience in consistently gathering high-quality imagery and meta-data which is key for accelerating Scope’s Neural Network Core development and enhancing its already amazing accuracy” commented Sean Prescott, the Non-Executive Chairman of Scope. “Scope’s partnership with Farm Flight allows both of our companies to combine our resources and greatly enhance our respective technologies. We look forward to our continuing collaboration with them.”
“Farm Flight has been a pioneer of image based crop data and has long understood the breath of application of its technology commercially and holistically” stated Sam Baker, Chief Executive Officer and Co-Founder of Farm Flight. “This alliance with Scope extends our expertise into the fight against climate change, and, we expect it will enable us to enhance our technology and the service we can provide to our customers.”
Scope’s Position Within The Voluntary Carbon Market
The Company’s long term development is based on the utilization of self-learning image recognition technology to the rapidly expanding voluntary carbon credits market. Using the Scope Analysis Platform, Scope intends to act a service provider for carbon credit forest certification firms, private forest owners and carbon credit project developers. Once fully utilized, Scope’s technology is expected to effectively streamline the collection of data used to evaluate potential carbon credits and reduce potential of damage to ecosystems through human intervention.