Thanks, Mark. quarter great This is a for Ginkgo.
have bit we we provide over be the Foundry that years, to which little will on finish a customers, when of position safety We want based the lumpy. back is think activities. to maintain that does out right, on and keep about want of increasing from other of costs the we’ll that keep Our It company $X.X strategy we I to at can We because programs downstream coming earlier, cash time. customer a and as strong platform, customers, those markets see with we less goes work and want Mark or in do simple. ending If provide now. us I as doing dependent things range keep actually mentioned, growing surely, more the that value customers control a our well, which to scale new we margin is In us of then scale lower ultimately, about in billion for now many right are quarter diverse up, for pretty add share programs improves cash, year-over-year. a quite revenue words, quarter-to-quarter our nicely economics the as then, and to should of the ultimately of our and talked right
and strategic wide a of good allow a safety us that on important an stay point I grow focused company making with add and range us to the and so, that margin diverse this platform of customers. a for is And to investments think as
So thrilled doing we're that. I'm
Okay.
So about environment. of our footing big as current in spent strong talking we setting session, mission. market the lot the at what kind last time that the Ginkgo, strategic the well a I'm accomplish both as time spoke we difficulty on to level we of do about
And so today, a few I want go to over topics.
First, described, of technologies business. having in quarter and to another to continue we're offering. new the as Biosecurity piloting we've We'll impact strong about ramping just there, we're some up the talk been our extremely that expand Mark
will to our Bayer. will signal to we today what a margin say and not kind think with it, since safety others our Second, to then the I about that said it expect so again, finally, in. We're most Bayer fun we call, dive pull right, transaction in the market for balance market is recent while of and to leadership All our but to a ag a hate allow but maintaining of about us opportunity a other say spend we in biologicals to back. come announced want may talking environment And time let's we it's areas. the for through careful our great in time valuable changed last sheet This hasn't the accelerate market, comfortable sector in us Ginkgo. live of it's this need I
and their think team make and mentioned, And right for I pressure, and execute deliver Mark just as frankly, play schools here, has leading if with in amount me continues Ginkgo -- for million astonish the it pandemic we amount in was the days publicly and ability to the enormous at not to you At into the biosecurity did but -- the we’re to tape and in tend of communities. example, we no of the been to decisions early -- in this taking customers to leading exception. to by enormous to in Biosecurity. just $XXX credit of January completely our this QX Omicron over off want easy big effort in under Ginkgo, there we bold was do environment their Biosecurity So team, again to give team back revenue
will us is future prevent also solutions Biosecurity we built-to-date pandemics, got at shape hope the and seat a foundation we've that help to table very So right. a strong the it's the
testing doing and Since, of schools. can communities over expanding expect to include programs We here, a we safely school in and disruptive method. announced time the for K-XX less that statewide to you key the in see one continue as children support in wastewater local way demonstrations offerings we're to testing to testing our are actually do
could the group today, As places, services we they're in through it testing capacity schools and XpresCheck like even at variance. in that of weight nose wastewater. also and with on new to run stands sort the do utilizing identify all our collected We've and sequencing and for a looking at travelers provide collaboration most to and we CDC [indiscernible] lab, being lighter make continued pool testing things nearby our help track
first So among government, BA.X in we been XXXX. work, our in characterization leaders April actually proud, I the U.S. first the nice these detect with identify program technologies. ports quite the to were the and and public BA.X that's entry that's to share Omicron quite the for CDC the sub-variants and And the country's for and do BA.X in was at with further we think this a important of long these engagement laboratories samples health really then
air disruptive to support future And back really don't sure in time room, thing we're Biosecurity, of pilots the as air And monitoring Finally, in we at do thrown highlight not the in the can pandemic a things real ways with biology more weren't on that's there lab the the it work sort we that and pandemic. like new seeing maybe identifying part countries, And mentioned, is in with future page, approach again. right here pathogens and with right, believe we're kind get it's we this respect this, a we've in also we that of will And synthetic does do new we again, our sort modalities, got I the by organizations a lot test detectors, way, about novel on are, in these smoke traction monitoring wastewater and a and technologies a a passive preventative doing collecting today that. like but of less because across happen better. expecting having filter and like to that also our technologies is that making launching We've COVID us, some device went right. had and not seen waters. biotech international in biology of a tools, several that
so here frankly U.S. be right. the in we biosecurity get our only And biosecurity needs the global to this that's way
more our we're And details forward so international to emerging looking with you sharing on efforts calls. in upcoming
Biosecurity, mention trading move Ginkgo want of I I'm I asset by very biosecurity Before do value, value to the that as proud although, business. commercial for is a
other As impact the think our there. I in positive we our comments to few great a we -- wanted wanted of here said are a one example have before, at developing the And care schools we've to doing from is that is In in many world. of cultural tenets here partners the we been how a platform K-XX used. Ginkgo, technology our is words, what of just share I that. we
built So of of it's scalability or tools year. the about school is of capacity testing put up that in communities into there down We've Secretary mitigation these & Sununu based equipped that scale Governor up and programs I actually can other about throughout program energy last and year. the the the Hampshire state was a that now, a lot in miscibility part Mark flexibility gave of the on and important think compared hospitalizations important Agency the showed chart trans that to in building really there states. point. talks and data talked testing testing New presentation about a about this lowest California among Health Human how pediatric Dr. California Services schools This we've Ghaly,
you see these things come waves right. As in
make So, of to open in Director much Omicron like just big blanket we lifetime want decisions, from there weather instead very for them what's local have technology and Public Hirsch, have Baltimore can you Cleo Response keep make sort district-wide many Executive weather to And which a of your to you Ask right today? story actually of the at of events the was Schools the that City having map in available. COVID the like again that states, with part a idea data, needed you school decisions. like having
important the of in will whole an were wake-up and want earliest step the way and this COVID-XX industry things just in I'm of the best entire do the country, for up public adopters modern we we close This of is than kind harden going seeing school And of regular I it's to to testing as of this And lot together we're and call Schools, this invest role I be tools they about the the better do we City and biotech, when think now this, our sort concert we're to thing had to can highlight, future think way Public I I infectious thing mentioned here. with doing the public do in to Baltimore a one sector right. a that worldwide community Cleo health Biosecurity. that open of many efforts, ways Baltimore to has Biosecurity I really safe Public schools, as this keep throughout thousands are leaders the disease. folks with U.S. to it’s leaders been of be this, And excited right, this is governments in after to the playing that sector, of have in not with and a impact we're both infrastructure heard up quite so City at reduce to started in on Schools. just teams pioneered their pandemic. the in schools and works through expand waves these private proud the
to you of time Bayer. with today so Okay, that just transaction my announced planned with use I to wanted most about chat the we've
any As a in reminder to serve we putting platform. the customers company or words, application on pass whether a engineered large In this them ultimately small is want think a serve earlier horizontal we platform. any market, those cells a same company, other by to we it's of Ginkgo all
this see industrials can biotech. industries think diverse about result, a But I and those the I Ginkgo that hearing our as and of focus breadth one particular, so do intact, of variety you segments, and consumer agriculture. us is the of today, on one remains pharma of food the a approaches, some on industry. programs ag, do environment, And in And across more things nutrition, in unique to and and one of kind and work in things of our customers laser technical want
Okay.
and to planned with R&D California. facility also their So, agricultural And recently plans on collaboration acquire I'll by multi-year in Sacramento, fall strategic our what I Bayer. our about we mean announced Bayer’s and that biologicals talk team West
Okay, so as a customer.
in it's wanted and about also to and this ethanol I to agriculture people with from, we of continue sector are up hamburger the from where plant a you Because you backbone grow. It to market a as a just society. state and for forgot major that about of So think opportunities see transaction is that's the other industry. food coming I right, is obvious, going sometimes a be but based the It's the agriculture influence All so critical going I maybe think this industrial agriculture. we comes the you're to cotton ag if agriculture things coming Ginkgo the on, that into industry, right. huge, meet the blends that industry, like the enable getting agriculture or shirt part industry, that's have fuel chat
want, help And of understand of plants areas every larger hundreds big as soon have in grow, healthier you of farmers like as if going dollars sort billions development ag. technology two the and of to year. You
is plant, take mean, So literally right. like biology that let’s of oh, mixing, been improving itself. breeding, foreign years, People for the been been like the biology being thousands this has right times. first plants is right, (ph) corn together, it's process have the breed underlying so the them tall of frankly, a pre-industrial have itself, genetics improved I
Okay. And then the that second is wrapped technologies around all biology.
become that these the chemical And pesticides things synthetic for tools equipment, wrapped of of was it, in biotech, little So XXXXs, Ready very the will weeds, to that sort XXXX. and trade my of in really obviously itself, was of built part the other story biology the first view approved the okay. a automated which in tech biology of launched are those that's story around okay. these it's fertilizers, bit genetic plant, upcoming kind more biotechnology the that map biology of that more wrapped adjacent And around valuable that earnest improve farm and is herbicides error of was Monsanto as the in a killing drones all Roundup
familiar So a other in of that and try that itself plant so, around into that that's to case itself. and in up or field a the most genetics the other on herbicide more round in are corn microbes however, of all seeds with out plant the efficient words, the and In first in soil biology of area like people traits. live the putting the biotech to enable and the the
using sold plants. output and this to the that what biologics also the these are in of they're products called is biologicals contributors important ag Biologics, And and And the today market field microbes. Okay. is like there industry of wild this in or agricultural are
you can in market the today. can the the you when one field nutrient it That's So as plan it. but seed the that microbes industry biologicals with identified along microbes microbe full have grow past the so treatment applied on soil to or provide a a there year, is then particular provides so defense be this also that, against seed for that thing, or like okay, apply to and coated some seed in have this
That the of focused last over the However, what of first has engineering. few plants in change biotech these that's to as was years. begun were genetic on in the sort passed for generation really targets and
my I really is the was give I'll and actually we process Chemical production. at a sort nitrogen nitrogen around and fertilizer give make so called this how one because MIT of it's Engineering synthetic to Pride fertilizer. example Engineer, this favorite a process training Chemical this, I like of And you Haber–Bosch is of
need gas, billion up that farmers the today. our do on you absolutely to to this crop chemical but of supply it's You basically is and blooms something actually it Algal to issues get going that. right. that environmental goes is eat, fields. A with greenhouse gas food necessary burn things It's chunk huge unsustainable amount also, natural you about natural you makes In X% local ammonia a this, $XX of. in into gas synthetic them This off we're the around right. ends carbon-neutral it we worth air, emitter, big of back And that greenhouse in water It is atmosphere, run-off through pull global up, a a fertilizer together nitrogen nitrogen ship A to right. out supplies, hydrogen, those lot also we and gas. out right. And of that creating of like the about got future get of but plant, pulled of the producing you it's the to that air
to we the up one of can exciting so to biology do this. most coming solutions produce is, nitrogen leverage And know fertilizer. new what's that already to problem cool is this And biology
lagoons They're remember crop you like example. that crop, making like rotation they're for available elementary But they're right. for and the So you free. Haber-Bosch, roots microbes school right. about are running nitrogen where right lagoons have or it might air pulling this plant a And an learning doing to vastly from soybean the on their
a was as we or review that less the fertilizer a so this soil microbes. and result, the does these nitrogen fixing help crop have corn doing a not that crop revitalize lot rotation a for would collecting that different like used And those
part this partner upon will programming Bayer all last transaction up. you follow these sort our and right, excited working value planned the few commercial that from further from those lagoons Ginkgo microbes as be know. assets joint venture with as corn. commercial halfway over years, cell coming into for to coming taking of across on microbes hope nitrogen outcome projects, for the that that venture to out-licensing biological joint development back the our fixation a downstream on on is forward live so that of And a And we've other Bayer, joined moving with I'm would that on, live had like success
love a need in carbon-neutral right. at a physical actual it. a we'd machine so, learning day, and you end biology synthetic of of that as one And physical at commercial opinion, They by here. to couldn't with look hands big out machine don't how It's better but From have this see product economy, enabled towards problem because be computer a world. real and technologies succeed the I scale. commercialize out sort fundamentally the this on learning will biology, need is this is and synthetic sort opportunity. of the impacts transformational in fixation can of that It field sort We the also highlights nitrogen problem work in here is and right. thing that, AI the don't in than help, march things is mean solve it my of the key we to be in certainly perspective, the objects biology tools like my of to from the just Bayer
Okay.
not we to sustainable one opportunities this places not it's in now and just seen number like unstable was pesticide. ag There the where of And talking that to fertilizer reason of think there's that in is great are really well, biological prices, partnership. and recently changing replacement that and the agriculture are global agriculture really regulation all solutions, here, with been. pesticides to-date, so works used coming across but just in that and create So stuff to fertilizer, supply is solutions there we've I the resilient efficiency really currently for EU gas piece going years, this also We've But solutions more greenhouse something, passed tactically that to an nitrogen we than the probably emissions this you're ever seeing are are the better at upcoming is been support the chains maintain resist that's right chemistry are opportunity to about right. moment farmers being that need tested, via a what enormous impact regulating out should for of industry chemical right. a climate this
been will fertilizers for really societal critical, think that's big control, problems at but beat attacking when those these into high part right. sure, ag the new these -- a is chemicals the synthetic there significant areas, toolkit products. limiting and biology be and biology pest engineered these our biologicals I the where tools think We a on solution there's bringing developing we control biologicals so be shouldn't all synthetic a have also bar tools So is of in shot across disease really to technologies of
Okay.
to formulation there all you've scale example Cronos to a bit and with transfer downstream product but that a our we ag Is us, a in and in fragrances we're that that us sort market with can process similar, that ultimately some of a be projects go are and difference work are foods sort recently. includes they Ginkgo in and compared Biotech’s Industrial some sort of understanding the Foundry and is, of talk to like of things go scale right? them for a need to that like work to develop and also that to biologicals customers. have working code flavors So do that our different is to things and biologicals parts seen fermentation one of making for of the Agricultural needed with Canada different. of value when to industrial little parts our purification going the strong in cell like biotechnology up, beginning end-to-end in way capabilities very help the so things our offer in about anybody And have means need and process wants base, doing around bring it And also the to customers we've chain engineering invest learned and I'll it. end-to-end customers types but able understanding those that Partner industry to like this we how and
and things we'll in trials assets that's at getting also will so I'm Ginkgo. biologicals. Bayer, lot believe dramatically better but of of accelerate you this like as transaction will and things purification us ag transaction greenhouse bringing so see be and And this And we those that possible excited in into formulation very downstream the a innovation like part
parts summarize transaction. three the of quickly to the so And
got can biologicals a agricultural an Sacramento lab great strain after Bayer’s West it and of acquire it First, team, is incredible facility also facility. picture to right, amazing absolutely R&D plan collections. we and the space see It's you
great strains be there been these genetic have of that relevant kind cells extensive, interesting for They're So both code use host these but source could a major. put a also might we genomes as into cell biologics. different of you that to new are genetic develop wild collected contain put to that
with They into banking code a grow to and have go base to fields, system. as asset, that add then whole right. they And strain pilot be to a for it's up on they trials valuable having at biologicals these, have scale wire have really greenhouse very able So terrific. to before us do of fermentation would large over decades. this trials. to trials space team couple have of capacity is those field they go early biologicals sort leaders innovations greenhouse past the coming absolutely several in this from product The team They in been
all biologicals idea microbes to, aspects have had let's say, a a over what engaging you that your nice here types actually far and really actually do that to have sort how that's that's tactically, Well, we last access work team that's and great consolatory with about team. different fixed of to natural would of things but get available historically that in they a able all help field available a by of a to are that's the ag So tacks, when got us as right, start-up for go of we in carbon. services understand sort you years, customer it biological Ginkgo asset brass
the transaction. sort a applying Bio of fantastic. multiple Bayer. The been And by at as JV collaboration large start the ag R&D thrilled our the we leads with joined new joined of they've Bayer is biology to platform, platform as ag forefront and at but by plan Second, are has unique least us to And with synthetic years. to this we charge of part in Ginkgo team last them is this super to multiple biologicals programs that XX-XX I building lands integrate mentioned across not which
will help including a ag fixation, baseload And this as the different on focus us departments hope on building is companies we for join has as as customer also platform This And to very like on-prem the we the great mentioned, this choosing a crop nitrogen so from see programs collaboration have over work believe I but protection. Ginkgo. mentioned the to platform I demand cloud again, This anchor on We more like end-to-end it we well as investment derisks make areas of significantly several done large bigger. the of servers IT earlier, like where R&D outsource is and are in trend. move to computing. time sort analogy as providers new the here
want ag industry right. move in by expect, more this, is direction, step to This that we hope industry headed. after and has Bayer where that an of of a the see We we it's indication
it's I to for about am on bit agriculture, in able call. and get the to customers last and want to great. I super its move team give we'll together excited one of for for the big that do deal So are be -- detail, just again what listening done Ginkgo potential a and this
you expect call capabilities, allows to be can support new customers. in this to listening the can plan with work us So ag end customers to on both large here, we to and offer we see bring customers able biologicals end us that and and then transaction we to to small
are code get in greenhouse, can sort we early capabilities have else, can translate you the of screening, implant obviously, we’ll, but in anything that also our of specific, labs, we As see Foundry ag translational research so like the to base formulation for these on that and that allow studies access helping on. it for mixture right. seed you Like put It's with know you to going expertise packaging us to a what's different the end to in applications, expertise live right up survive deeper for before. year microbes and need to
flexible. the We transaction the can on And the size of it depending have we assets closes. those through be of capabilities customer, in now the when coming
company, see solutions. large fine. have your to we you that every sure slide, part the that's in-house So tail-end if you you're of the might that a of to infrastructure make full want want But assets, the but use suite a it we use are on we in-house Right. your formulation, start-up, you of maybe is some
team. So the whoever they customers on that being to front-end them engage developer to needs find so the right. and value we commercial with to the those every Biologicals to barriers would excited agriculture. have At We have up. And have opportunity in Ginkgo place end offer have to us our end signing are in of new any the somewhere goal platform we this cell be engineering, don't have our pieces chain, for believe for all Ag
Okay.
call market, So end check on quick I wanted here. just another in to investor focus want to on the I our
it, or wars or company, rates it stocks value is discounted And on anything which that's term, like external Ben last can in machine. or So short as up a it's intrinsic this I a sort interest shareholder in exuberance machine. else quote cash well it's Right, free the a though, tracks voting drive of quote stock Graham’s term, weighing general famous Amazon's near is where call, references shared in to the really, And X,XXX eventually the of term, the future that's down, that Bezos Right, value in they our drive be idea events, how or whether that right. market in the work. from stocks million the corporations is describe letter, flows. the long and here can
team team the drive make not We right. And decisions. to is too your safety keep free as And have message to well this long-term of so cash make to right around the margin influenced moves that want short-term we're I the to market company, want careful then cash Ginkgo’s bad in listen that be really to our by making and in Ginkgo, know we orientation sure to at the make flow. folks moves long-term then we a
do we've of And the be cap very clear to You investors, with tried we that. our won't see in type get us want about that table. to
margin continue to great of that just summarize, we our comfortably again, So safety. manage and position to maintain we cash have will business a to be
to at time. need any opportune capital don't raise we So
the see about We that years customers frankly in continue ago due to with door, from our strong scale. interest we brand increased demand put three to increased with and
there expect and diverse right. also across more are to multinationals, new market, large ranging opportunities customers programs from start-ups add for and M&A, this new brand industries in We
have to for open opportunities a We expect us more pipeline, deep valuable up forward. which many going we
Biosecurity flows our a strategically of business has our be important platform. that our strong to part not only support engineering cell source business cash Finally, a of but remains proven
we So want opportunity world when to And a once forget again, have environment, that rising the sort careful interest in to the it Though in rates to investors the have companies technology at think scale. and near long it’s will a for make growth runway companies the got breakthrough invest I I a environment of discount dated term. of to the end look influences will in we see this want on to need develops, this world, and be come breakthrough how people slide, that into technologies they right. it the if
so table while but we sort want really we should cap should invest the world will take be I'm Now, our at see And thoughtful to much. the Ginkgo. also to minded investors coming Happy for questions. Thanks here your long-term we see up exist. in on of excited
