Goterra and FGS announce significant partnership for insect industry

Goterra and Future Green Solutions, two of the leading companies in the Australian insect industry, have entered into a new supply chain partnership to progress insect-focused agriculture, and tackle challenges such as food waste management and food security.

Goterra and FGS announce significant partnership for insect industryGoterra, a leading provider of innovative waste management solutions, and Future Green Solutions (FGS), a pioneer in Black Soldier Fly production, have launched a new partnership aimed at transforming the future of food waste management. This relationship marks a significant milestone for both companies and the Australian insect industry.

Under their agreement FGS will supply Black Soldier Fly (BSF) eggs to Goterra, supplementing their existing egg supply to fulfill new contracts, including their largest site to date in Wetherill Park Sydney, with Woolworths as the foundation customer.

Duncan Rowland, Chair of the Insect Protein Association Australia (IPAA) commented: “By leveraging the expertise of these two industry leaders we can drive new opportunities, encourage smarter supply chains and shape the sustainable agriculture landscape in Australia.” The IPAA is the industry body for participants in the Australian insect industry. The IPAA promotes the development of insects for animal feed and human food, advocating for an environmentally and economically sustainable local industry.

THIS PARTNERSHIP SHOWS THE POWER OF COLLABORATION
Olympia Yarger, CEO of Goterra, said: “This is the culmination of 6 years of shared experience between Goterra and FGS. We could not be happier to embark on this innovative collaboration with FGS. We recognise the urgent need to address global challenges such as waste management and food security, and through this partnership, we can be more effective at tackling these issues head-on. For us, this partnership shows the power of collaboration and sets the stage for a more sustainable future.”

The CEO of FGS, Luke Wheat explained: “This partnership signals the next stage of maturity for FGS and insect farming in Australia, with the launch of our FutureFlies product – the commercial production of high-quality, BSF eggs. FGS’s managed breeding program allows us to help streamline and fast track the growth of sustainable waste management companies like Goterra. We look forward to growing the industry alongside Olympia and her team.”

One of the driving forces behind this partnership is the shared values and like-minded culture. Although Goterra and FGS have different business models and ambitions, their shared goal of creating a more sustainable future has led to their success. As they work together to optimise the integration of waste management and sustainable agriculture, the positive impact on protein production, waste reduction, and environmental preservation promises to be a game-changer.