USA: BOSTON - 'Space-Age Farming': Agtech Company Looks To Expand In Mass.
By Miranda Perez - Inno Reporter
June 23, 2021
AppHarvest has a local office in Woburn and is looking to develop local tech centers under the direction of Chief Technology Officer Josh Lessing. AppHarvest
AppHarvest, a Kentucky-based, agriculture-tech startup, is looking to expand to Boston to further develop its tech-centered farming.
The company now has a local office in Woburn, and it's looking to develop local tech centers under the direction of its chief technology officer, Josh Lessing.
The company (Nasdaq: APPH) was founded in 2017 with the mission to modernize the way food is grown and delivered to large enterprises. It maintains indoor farms that operate year-round, using no pesticides to maintain freshness and relying on recycled rainwater to leverage sustainability.
“This brilliant technology, originally made in the Netherlands, where you could make food anywhere in the world, allows us to do it year-round, with 90% less water and with 30 times more yield per acre,” Lessing said.
The public company, which has 550 employees, is looking to “massively expand'' in upcoming projects in robotics and enterprise software for the agricultural industry.
In a statement regarding it's 2020 annual filing, the company said it a "pre-revenue state in 2020," and reported a net loss of $17.4 million, compared to $2.7 million for the year before.
AppHarvest has one fully-functional farm right now with two more being built. The goal is to have a dozen by 2025.
The existing farm is a 60-acre building, which Lessing describes as “almost like being inside of some combination of a 60-acre robot and its own world.” Inside is an entire ecosystem of insects that support the pollination of fruits and manage to keep the “bad bugs” away. The main focus is on tomatoes now, but Lessing says he plan to expand to other fruits and vegetables.
Watering is automatic, through robotic systems. Other systems are designed to handle specially designed supplemental lights.
“It's just remarkably space age farming,” Lessing said.
AppHarvest food is available in the top 25 grocery stores and in some food service locations such as Kroger and Wendy’s.
“If you talk to a farmer, there's an infinite amount of work that you can be doing at a farm and there's never enough time to get it done. AppHarvest frees us up to start doing more individualized crop care,” Lessing said.