NTP Technologies
Midlothian, VA
NTP provides farmers with a substitute to synthetic nitrogen fertilizers that is produced on site. NTP uses non-thermal plasma technology to generate affordable and sustainable, salt free nitrates using only air and electricity as the inputs. NTP sells the machines to farmers. Farmers convert their annual operating cost of purchasing nitrogen fertilizers to a capital expense they amortize over 10-20 years thus eliminating price volatility and supply chain uncertainty; very similar to the solar industry. NTP’s next generation machine can produce nitrates at less than $2 per pound.
