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Vertical Hydroponics
Hydroponic systems can be grown in a greenhouse using natural light, or more commonly in a vertical system using LED lights, to save space
October 13, 2020
What happens if you love gardening and growing various kinds of plants, but do not have enough ground surface or horizontal floor area? The concept of vertical farming was developed as a solution to this problem. Imagine the way that tall skyscrapers can be built so sturdily, yet are able to reach up towards the sky while containing so many different rooms across multiple levels, and that will provide you with the basic working principle behind vertical farming. In other words, it is all about cultivating more by stacking multiple layers of planting surfaces.
What Is Vertical Hydroponics?
This basic concept of vertical farming can be easily applied towards what’s known as hydroponics—a way to grow plants without the use of any soil, wherein minerals and other nutrients are provided directly to the roots only via water in a systematic manner and in calculated quantities.
Hydroponic systems can be grown in a greenhouse using natural light, or more commonly in a vertical system using LED lights, to save space. The latter system is what’s known as Vertical Hydroponics—the setting up of a hydroponic farm, except in a vertical manner. Gravity plays a major role, since the nutrient-rich water is fed from the top of the system and flows down to the bottom, where it is collected.
This practice of soil-free vertical gardening traces its roots all the way back to Ancient history. The Babylonians had a similar idea when they built the Hanging Gardens along the Euphrates River in Babylonia around 600 BC—an Ancient Wonder which had flowers, shrubs, and even trees growing in massive tiered gardens. Other records of hydroponics in ancient times include the floating farms created by the Aztecs around Tenochtitlan in Mexico in the 10th-11th century, as well as the explorer Marco Polo’s writings of the late 13th century, describing similar floating gardens during his travels to China.
Scientific experiments were done to test plant growth using various cultures from water, soil and air were recorded from the year 1600 onwards by various chemists. The long search for the macro-nutrients essential for plant growth without soil culminated around 1860, when two German botanists, Julius von Sachs, and Wilhelm Knop, were able to grow plants by totally immersing their roots in a water solution containing minerals of nitrogen, phosphorus, potassium, magnesium, sulfur, and calcium, and delivered the first standard formula for the specific nutrient solutions dissolved in water to allow the growth of plants in it. This was the origin of “nutriculture”, a word that was changed in 1937 to “hydroponics”—combining two Greek words “Hydro” (water) and “Ponos” (labor).
Studies have shown that vertical hydroponics systems can aid in efficient water savings, up to 90 percent. The closed-loop system prevents runoff into waterways while growing indoors can reduce pests, diseases, and issues related to fickle weather. A vertical hydroponics system is efficient in multiple ways, has various advantages, and can be built, operated, and maintained even at your home.
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How Does a Vertical Hydroponic System Work?
There are two main vertical hydroponic system designs—Vertical Hydroponic Tower and Zig-Zag Vertical Hydroponic System. Due to their unique dynamics, both of these vertical designs use a closed, constant flow system called the Nutrient Film Technique (NFT), which involves having a constant thin stream of water flowing over the root system of the plants.
Vertical Hydroponic Tower
In a typical vertical hydroponic tower, a tube is connected to a small water reservoir at the bottom, wherein a hydroponic pump will assist in pumping the water to the top. From there, the natural assistance of gravity is used to bring water down in a controlled manner back to the reservoir, the process of which delivers the nutrients to the plant.
You can either use a single tube to deliver water to the top level or connect multiple channels to different layers for optimal delivery of water and nutrients. The plants are placed in net cups, typically angled at 45 degrees, to easily allow the water to flow through the roots.
Zig-Zag Vertical Hydroponic System
Some designs use multiple PVC pipes arranged on a trellis frame at diagonal angles (known as the zig-zag vertical system) instead of creating a vertical tower. The pipes are usually in a compact zig-zag pattern going up. The plants are housed in net cups, placed at regular 90-degree angles.
These systems also use NFT techniques to grow the plants. The water containing essential nutrients is pumped to the top pipe, from where it flows down in a constant stream.
Advantages of Vertical Hydroponics
Space Savings
One huge consideration with vertical hydroponics is optimizing the limited space that you might have. Most gardeners nowadays—professionals or enthusiasts—often suffer from lack of floor space, and so vertical hydroponics has become the preferred choice for urban gardening. Vertical systems are excellent for fitting into corners of rooms or any other small indoor or outdoor spaces where they can be less intrusive while not using up valuable square footage. This has allowed maximum usage of small spaces and made it a viable option for growing crops in city homes, whether against an outdoor patio wall or inside a spare room. Vertical hVertical hydroponics is a godsend for people who don’t have access to much soil or ground space to grow things.
In addition, plant roots in hydroponic systems don’t spread out as much in their search for nutrients compared to growing them in soil, since the roots are suspended directly in nutrient-rich solution. As a result, it is possible to grow crops much closer together, saving space.
Lack of Soil
Hydroponics is being considered as an innovative alternative approach to the future of agriculture, since by using no soil, you can grow many varieties of produce in most places with very little arable land, dry/arid climates, or where climate change and destructive farming practices are causing soil erosion. Similarly, distant cities, islands or hotels can also grow their own fresh food hydroponically instead of resorting to costly imports. As for coastal places with a scarcity of fresh water, desalination technology is in progress so that people will be able to extract fresh water from the ocean for supplying hydroponic gardens as well as for agriculture in general.
Due to the controlled and soil-free environment, weeds, pests and plant diseases are minimized. As a result, the use of chemical fertilizers, fungicides and pesticides are drastically reduced—a big bonus for health and food safety—while the harvested crops may not even need to be washed in most cases.
Efficiency & Productivity
Hydroponic nutrients are derived from mineral salts, essentially the same as those found in soil, but more readily available. The difference is that the nature of soil-based minerals is slow release, whereas hydroponic minerals are fast release with fast uptake, and therefore result in optimal results & faster growth.
As mentioned earlier, when planted in soil, a plant’s roots spread out in search of nutrients, leading to a much larger root system than a hydroponic setup—wherein the nutrients are delivered directly to the root system in almost surgical quantities. This method ensures that plants receive exactly the right quantity of nutrition at the right times, allowing the plant to spend its energy-producing useful foliage, stems, leaves, and fruit (instead of large root systems).
Vertical hydroponics, especially indoors, allows for better control of temperature, light, air composition, and pests. This results in maximized crop growth rates, quality and yield, in addition to being able to grow most crops year-round. Indoor vertical hydroponics farms can play an important role in filling the market gap, providing fresh produce in all seasons.
In addition, vertical hydroponics can reduce the overall weight of the upper layers by at least 30% compared to using soil as the growing medium for a vertical system—meaning that you can stack more layers on top of each other than you normally could.
Fresh produce can be made available locally with maximum ease and sold in restaurants and farmers’ markets with minimal transport. This helps reduce greenhouse gas emissions while also reducing nutrient loss and produce damage.
Low Maintenance
In a properly constructed vertical hydroponics system, the water and nutrients inside the tube stay inside it without any spillage or leakage. Moreover, the water keeps getting recycled (in a closed-loop system) until it reaches the point of no use. This ensures optimal usage and minimal wastage. Hydroponic systems are therefore good for the environment since the water is not being evaporated as readily or absorbed into the ground quickly while being recirculated, compared to a soil-based system. In fact, a recirculating hydroponic system can conserve up to 80% water and use up to 10 times less water compared to a standard garden bed. This offers a huge—and sustainable—advantage when water shortage is of great concern, especially since field-based agriculture is one of the greatest consumers of freshwater sources (up to 80% of ground and surface water in the U.S. itself).
Disadvantages of Vertical Hydroponics
Water Flow
The main challenge in a vertical hydroponics system is to deliver adequate water, nutrients, and light to plants on all the levels. Since the plants are placed one above the other, water needs to be delivered in a vertical form, and in order to send the water all the way to the top against the force of gravity, pumps with higher power are required. And if the water is not constantly being sent up, it will pool at the bottom and too much of it will pose a danger of drowning the lower plants.
Lighting
Lighting in a vertical hydroponic system is extremely important. For outdoor systems, the issue of lighting is not as complicated, as it can be tackled by strategically arranging the net cups containing the plants so that they get better access to sunlight as needed. But if the vertical hydroponic garden is indoors, the plants will have reduced or no access to the sun. You’ll therefore need to invest in electric grow lights to allow the system to flourish. For large scale hydroponic farms especially, the lights used to grow plants constitute a big part of the cost. However, with the advent of new LED lighting technology, growing hydroponic plants indoors is becoming much more economically viable.
All the levels with plants will typically require equal amounts of light at an equal distance, and this can only be achieved by placing separate light panels that cater to the plants equally. For example, peppers require plenty of light for up to 18 hours per day, while also requiring close proximity to light—otherwise they won’t thrive. It’s therefore essential to ensure you’re spending money on high-quality and energy-efficient bulbs for your hydroponic light panels.
In some cases, growers actually train plants to grow horizontally because they want optimal light from above to reach all parts of the plant. Since the plants in a vertical tower system are placed at an angle, the best option might be to use multiple vertically mounted lights to cover all the growing surfaces uniformly.
In the case of an indoor zig-zag vertical hydroponic system also, lighting may be a concern. Panels hanging from the ceiling may not be ideal since all the plants are at different heights. Multiple light panels need to be typically arranged on top of each of the pipes to provide light equally and equidistantly.
The BIOS Solution to Lighting
BIOS® Icarus® Li LED Grow Light bars are a cost-effective solution for vertical farming racking systems (such as vertical hydroponic systems), where multiple bars can be daisy-chained and easily arranged according to desired light bar spacing. BIOS Icarus Li LED is the controlled environment agricultural industry’s choice for a durable, light-weight, and vertical grow light bar. It is a cost-effective solution for a variety of grow light applications where multiple bars can be daisy-chained and easily moved according to desired light bar spacing.
The Icarus Li LED Grow Light has an optimized broad spectrum that maximizes photosynthesis and plant growth, while also providing the ideal conditions for a comfortable visual experience, superior PAR efficacy, and accurate crop assessment.
The slim, lightweight design optimizes space and allows repositioning over the plant canopy in a variety of applications.
Clip or end-cap L brackets allow easy installation into any racking system.
Bars can be daisy-chained by quick-release connectors toa single power supply.
LED bars can be installed at various densities to provide PPFD levels up to 1500 μmol/m2-s.
Resource Demand
The production in a vertical hydroponic system is high, but so will be the resources that you utilize for this cultivation. The light panels, the water system, monitoring the water reservoir, etc. will result in increases in invested cost and time. Although setting up a hydroponic system can be done on a budget with minimal costs, the specialist equipment required can be expensive for a commercial scale system.
An understanding of both the technical set-up of the hydroponics system and various plant growth requirements is essential for preventing system failures. Leakages can occur, while different crop types may require vastly different nutrient, temperature and lighting conditions. In addition, the close proximity of water and electric systems poses risk, and therefore careful and regular monitoring of the system is required.
Despite the few challenges and limitations associated with vertical farming with hydroponic systems, it still offers great potential to contribute to a more sustainable future of farming. After the initial setup, the expenses should be limited mainly to electricity and nutrient costs, while the increased plant growth rates and yield often outweigh these added costs.
Light is the single most important variable with respect to plant growth and development and is often the most limiting factor. Therefore, the use of visually comfortable and optimized broad-spectrum LED grow lights such as the BIOS Icarus Li—maximizing photosynthesis and plant growth— is extremely beneficial for plants and growers alike for vertical hydroponic applications
SINGAPORE: New Vertical Farm To Produce 500,000 kg of Greens Annually
&ever has been awarded funding under SFA’s ‘30x30 Express’ grant to ramp up local food production over the next six to 24 months
&ever Singapore Pte Ltd (previously Farmers Cut Pte Ltd), a fully-owned subsidiary of &ever GmbH from Germany, will grow and deliver leafy greens to consumers in Singapore with its first indoor farm in the region.
Amid the global food supply challenges posed by the COVID-19 pandemic, the Singapore Food Agency (SFA) launched a ‘30x30 Express’ Grant earlier this year. The grant will support the country’s agri-food industry and accelerate the ramp-up of local production, with the aim of meeting 30 percent of Singapore’s nutritional needs with food produced locally by 2030.
&ever has been awarded funding under SFA’s ‘30x30 Express’ grant to ramp up local food production over the next six to 24 months. The grant is awarded to companies who make use of highly productive farming systems that can be constructed and implemented quickly to achieve high production levels.
&ever will produce annually up to 500,000 kg of leafy greens for consumers in Singapore using their Dryponics method. Dryponics keeps the plants alive, with the roots intact, until they reach the consumer. Consumers will be able to harvest the plants only seconds before consumption, resulting in higher nutritional value and better-tasting greens.
&ever’s fully automated technology allows for everything inside the farms to be controlled digitally- from the seeding to harvesting, CO2 levels, temperature, and airflow. IoT sensors and edge computing are collecting data throughout the farmhouses to produce and maintain the healthiest plants.
“To accelerate the ramp-up in local food production and meet our '30 by 30' goal, we will need to leverage productive farming technology. Technology can help farms achieve higher production levels, and be more resilient against the impacts of climate change. We are pleased to see our agri-food players, such as &ever Singapore adopting productive and innovative farming systems, and will continue to work with them to strengthen our food production capabilities. This in turn will enhance Singapore’s food security, and create good jobs for our people,” said Mr. Melvin Chow, Senior Director of SFA’s Food Supply Resilience division.
&ever has been present in the hyper-local agri-food scene since early 2019. With the successful launch of their first indoor farm in Kuwait earlier this year, they aim to bring their sustainable farming solution to other parts of the world with challenging climate conditions.
Dr. Henner Schwarz, CEO of &ever, said: “We are excited to continue our global roll-out and bring better tasting, highly nutritious salad to the people of Singapore.”
“At the same time we make a strong contribution to one of the world’s most exciting eco-systems for indoor vertical farming," added Mark Korzilius, founder and CISO of &ever.
For more information:
&ever
and-ever.com
27 Oct 2020
Biggest Swiss Fruit And Vegetables Cooperative Invests In Vertical Farming
A major Swiss domestic supplier, fenaco Landesprodukte, is working on a pilot facility for vertical farming. They're investing in YASAI, a spin-off of public university ETH Zurich. With an investment of CHF 500,000 in YASAI AG, the fenaco cooperative is participating in the construction of the pilot facility in Zurich
Fenaco Collaborates With YASAI
A major Swiss domestic supplier, fenaco Landesprodukte, is working on a pilot facility for vertical farming. They're investing in YASAI, a spin-off of public university ETH Zurich. With an investment of CHF 500,000 in YASAI AG, the fenaco cooperative is participating in the construction of the pilot facility in Zurich.
"Consumer demands for healthy, safe and sustainably produced food require innovative solutions from the agricultural and food industry. By participating in a pilot facility for the novel Vertical Farming production method, fenaco Landesprodukte wants to verify the advantages of this cultivation method", the company explains. "Thanks to its stacked installation, it increases productivity by a factor of 10 to 15 per square meter. Water consumption can be reduced by 90%."
"In the future, we do not want to produce ourselves, but rather use our experience in the field of vertical farming to open up a new, profitable business segment for growers," says Daniel Schwab, Head of the Vegetable Category at fenaco Landesprodukte. To this end, a sounding board was set up with vegetable producers from the Seeland region.
No chemical crop protection is used, or very small amounts only. In addition, year-round indoor production allows growth 24 hours a day, 365 days a year and it is possible to increase the proportion of Swiss vegetables and herbs. "The aim is also to demonstrate the economic efficiency for various product categories and to reduce energy consumption by exploiting synergies", they explain.
A strong signal for innovation in the agricultural and food industry
fenaco entering the field of vertical farming is a strong signal for innovation in the Swiss agricultural and food industry. The partnership with the ETH spin-off enables fenaco to better understand the potential for vertical farming and, if positive, to exploit economies of scale with larger plants. On the one hand, the product portfolio will be tested in cultivation and marketing and on the other hand, central agronomic questions will be addressed in a research project in cooperation with Agroscope.
"We are working on the farm of the future and regard this investment as a preliminary work and a basis for decision-making for future investments of our producers", says Markus Hämmerli, Head of fenaco products and research cooperations. This means the commitment is based on the goals of the fenaco cooperative: to support Swiss growers in the economic development of their companies.
Industry and technology know-how go hand in hand
The ETH spin-off YASAI under the leadership of CEO Mark Essam Zahran is the ideal partner for fenaco. The four founders and majority shareholders have excellent know-how in the field of software and hardware as well as a large international network. After several successful financing rounds, fenaco's financial commitment and the associated construction of the first pilot plant in Switzerland is an important milestone for the still young company.
"Thanks to the cooperation with fenaco, we now have a strong industrial partner with a lot of market and customer knowledge from the agricultural sector on our side. This is extremely valuable when scaling up the technology and entering the Swiss market," says Mark Zahran of YASAI. The partnership with fenaco also enables YASAI to distribute the vegetables and herbs it produces nationally in the retail trade and in the catering trade.
For more information:
www.fenaco.com
www.yasai.ch
29 Oct 2020
The Role of Silicon As a Nutrient In Hydroponic Recipes
Research has demonstrated that silicon is one of the most beneficial micro-elements for several plants. However, its role has not been considered as essential in plant nutrition
By Karla Garcia
Silicon (also known as silica, Si) is found in high quantities in open field production but is absent in hydroponic nutritional recipes. The lack of knowledge about the role of silicon (Si) in horticultural crops became apparent when using soilless/hydroponic systems.
Research has demonstrated that silicon is one of the most beneficial micro-elements for several plants. However, its role has not been considered as essential in plant nutrition. For this reason Si is not used as a common ingredient in hydroponic recipes. It is the aim of the present article to share the knowledge generated around the role of Si in plant nutrition in order to discuss its possible important function in nutrient recipes.
Despite not being a common ingredient in hydroponic recipes, several beneficial effects of silica have been demonstrated in hydroponic systems (Guntzer et al. 2012; Miyake and Takahashi 1983; Voogt and Sonneveld 2001). The use of Si as a nutrient in plants has shown a positive effect in mitigating environmental and pathogenic stresses. Some authors mention its function as an alternative way to control diseases. However, most of the results support its role as a good complement for disease treatment and prevention.
Van Bockhaven et al. 2013, demonstrated the induction of a broad-spectrum plant disease resistance by implementing Si as part of the fertilizer in plants. Other studies also showed (Hammerschmidt, 2005) Si as an ingredient with the potential to reduce rates and number of fungicide applications, specifically in control of powdery mildew. This same result has been supported by other studies done by Miyake and Takahashi, 1983 and Vercelli et al., 2017.
Silicon is deposited in plant cell walls helping to avoid pest incidence and damage by fungi. Also, the presence of silicon in cell walls can help to improve resistance to heat and drought contributing in the development of strong and healthy plants. This being the reason why many authors present data supporting its role as a nutrient with the potential to increase yields.
One particular issue in the use of Si in hydroponic recipes is pH. Si has a high pH that can affect some nutrient recipes. Also is difficult to maintain soluble in concentrated nutrient solutions. However, as we know, pH can be controlled. Si can be added as a separate ingredient in a different tank and recommendations indicate to reduce pH in the tank containing Si and water directly.
How much silicon should I use?
Now that we know the positive effects of Si in plants. How can we know which form or quantity of Si can be used in hydroponic systems? The requirements of Si by plants in order to get the beneficial effect of this nutrient can be crop-specific. Si can be added in nutrient recipes as silicon dioxide and common ranges used are from 50 to 150 ppm. Being 100 ppm is the most common level. It is important to always start with recommended low levels of Si because too much of this nutrient can affect the uptake of other elements.
It is important to mention that the use of Si complies with current sustainable agriculture EU regulations and is not toxic for humans. Plants can live without silicon, therefore it is not an essential nutrient. However, the more this nutrient is studied the more we know about its role in improving plant health and growth.
US: MAINE - Planning Board Signals Support For Vertical Greenhouse/Parking Garage In Downtown Westbrook
The $60 million project is a collaboration between the city and developers that would see the Mechanic Street parking lot downtown turned into a free parking garage, topped with over 50 apartments and a Vertical Harvest farm along the structure’s side
The Vertical Harvest Project Will Go
To The Planning Board For Approval In November
AMERICAN JOURNAL
BY CHANCE VILES
WESTBROOK— Planning Board members spoke in favor of a multi-use parking garage and vertical greenhouse at a public hearing Oct. 20.
The $60 million project is a collaboration between the city and developers that would see the Mechanic Street parking lot downtown turned into a free parking garage, topped with over 50 apartments and a Vertical Harvest farm along the structure’s side.
“I love this project,” Ward 2 member Jason Frazier said. “It has jobs, parking, housing. It’s the perfect project.”
RELATED
Read more about the Vertical Harvest
The greenhouse would produce about 1 million pounds of food per year and bring in 56 full-time jobs with a focus on providing careers for people with disabilities.
“This is the equivalent of 40 acres worth of food, using 90% less land and water,” developer Nona Yehia said. “We recirculate all of the water we use in the greenhouse. … We aim for our food to be sold and consumed within the state of Maine and from farm-to-fork in less than 24 hours.”
The garage will be maintained by the developers, while city residents will still have access to over 400 free parking spaces.
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According to Economic Development Director Dan Stevenson, they are confident the greenhouse will be successful, though developers did say that if need be, it could be turned into some other workspace.
“In my career, this is one of the strongest business models I have seen,” Economic Development Director Daniel Stevenson said.
RELATED
Read more about the whole project
“I am thrilled,” Ward 4 member Robin Tannenbaum said. “We are touching a lot of exciting areas and contributing to densification. To set the bar high, where there is still room, I’d like to see more development of the design to let the building sing.”
“Coming from the other side of the river into Main Street and into the downtown, that building is going to tower over all of these other, so why not?” Board Chairperson Rene Daniels said. “It would make it pop, it would be outstanding,”
The city will be paying $15 million for the parking garage through an agreement using tax revenue generated from the project, Stevenson said, meaning there will be no direct impact on taxpayers. Developers will take on $40 million of the cost.
“It’s been a goal of ours for a while to start expanding vertically downtown, and this meets that,” Ward 5 member Ed Reidman said.
The Planning Board will vote on the project Nov. 3.
Building Essential Foundations to Lead Farming For the Future: Q4 and Fiscal 2020 Letter to Shareholders from CubicFarms CEO
Since our listing on the TSX Venture Exchange last July, we learned many lessons on how to be a public company, particularly the only Canadian public company in the vertical farming, controlled-environment agriculture space
VANCOUVER, BC, OCTOBER 28, 2020 – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) is pleased to provide the following message from Dave Dinesen, Chief Executive Officer.
Dear Valued Shareholders and Friends,
I want to thank you for your support and commitment to CubicFarms, from our earliest founding investors who saw the opportunity and potential in our small private company, to our new shareholders who have joined us after our public listing in July 2019.
Your support has helped us make significant strides since our founders Jack and Leo Benne started developing the first prototype a decade ago of what has become our patented, automated growing system for fresh produce. Today, I want to provide you with a more thorough understanding of our vision for the path ahead, what we have recently accomplished and the foundation we are laying to lead farming for the future.
The Covid-19 pandemic that dominated much of life in 2020 has greatly impacted food systems all over the world. The health crisis upended intricate food supply chains that were already inefficient. The food service industry was decimated while retail demand and food prices shot up. Transportation and distribution lines were disrupted, and border closures prevented foreign farm workers from toiling the land. Covid-19 underscored the critical need for technology to localize food production and shorten supply chains to provide more predictable and reliable food supply for our communities.
Against this backdrop, our systems continue to sell. Our customers acknowledge the value our systems bring to their operations through savings in land, labour, water and energy. Growing indoors and maximizing crop yield per cubic foot enable farmers to grow anywhere on earth, 365 days a year.
Sales highlights
In March 2020, we announced our largest ever sale of 100 CubicFarms machines to be installed in Surrey, British Columbia.
In July 2020, we announced another large sale of 16 CubicFarms machines to be installed in the Okanagan region of BC.
We reported C$5,167,488 in revenue this fiscal year from the following orders:
23 CubicFarms machines being installed in Calgary, Alberta.
Three control rooms each delivered to Terramera and a BC-based field farmer.
A HydroGreen livestock feed system delivered to our new reseller in Tokyo, Japan.
Approximately C$517,000 is attributed to recurring revenues from monthly customer support subscriptions, and sales of consumables such as seeds, nutrients and parts.
Sales orders under contract and deposit, that are pending installation, total approximately USD$18 million, representing 138 machines. Revenue from machines is dependent on the completion of the sales and delivery process – consisting of the signing of the purchase agreement, deposit payments, manufacture of machines, customer’s site preparation, shipping and installation.
Reflecting on a pivotal foundational year that positions CubicFarms for growth
Since our listing on the TSX Venture Exchange last July, we learned many lessons on how to be a public company, particularly the only Canadian public company in the vertical farming, controlled-environment agriculture space. We ramped up outreach to retail and institutional investors to tell our unique story, and it has resonated especially well with ESG-focused investors who are increasingly seeking to invest in companies that positively impact food security, sustainability and the environment.
We have strategically augmented our capitalization table with leading ag-tech investor Ospraie Ag Science and dairy entrepreneur Harry DeWit, who are equally as passionate about our technology and provide enormous value to our company through their industry expertise and network.
A company is only as extraordinary as its people, so we’ve taken steps to invest in our culture and talent. In January 2020, we welcomed Jeff Booth as Chairman of our board. Jeff is a tech visionary and thought leader who has helped drive culture from the day he got involved in the company. He leads our corporate strategic meetings every quarter, in addition to sitting on the board’s audit committee, and helps us set and achieve our goals. Chris Papouras from Ospraie Ag Science joined us last month as our newest board member. We look forward to his well-rounded expertise in manufacturing operations, finance, technology and automation as we scale the business.
We also bolstered our management team and their respective departments with appointments in key roles, including Leo Benne as Chief Product Officer, Jo-Ann Ostermann as Chief Customer Officer, Tim Fernback as Chief Financial Officer, Sandy Gerber as Head of Marketing, and Dan Schmidt as Senior Vice President of Global Sales. We’re proud to have assembled a high-calibre management team at the intersection of experience in engineering, cultivation, manufacturing, sales and marketing, to drive growth at an international level.
In January 2020, we closed our first acquisition via an all-share transaction at an implied value of C$1.50 per CubicFarms common share. The acquisition of HydroGreen, Inc. opened a new business vertical for CubicFarms, enabling us to offer a fully-automated indoor system for growing nutritious livestock feed to a new customer segment – beef, dairy, equine, sheep, goats, poultry and swine producers. Feeding animals highly digestible live, green feed produced by the HydroGreen system not only accrues animal health benefits, but also provides farmers with local, on-demand availability of fresh feed all year round, unaffected by drought, snow or rain. With the world's population nearing 10 billion people by 2050, and with grazing and arable lands under pressure and often beyond capacity, the timing is ideal to bring HydroGreen to market.
Innovation remains at the heart of our company. We continue to innovate both our machines and crops to further drive system sales. We are busy researching ways to refine our grow protocols to grow more crop varieties, as well as improve crop health and quality. We are also looking for ways to make our machines more efficient, from both a hardware and software standpoint. At the request of our customers, we developed and launched our Control Room in June 2020, which enables growers to have complete control over the growing environment that is so crucial for high yields and quality – a capability especially well suited for R&D. Inside our Control Room, the temperature, humidity, lighting and air flow can be properly calibrated to suit crop requirements. In collaboration with Terramera – another Ospraie Ag Science portfolio company – we are developing farming artificial intelligence (AI) by integrating multiple data sources, and applying machine learning and data science techniques to optimize crop yields inside our system. Look out for more updates on our R&D progress and breakthroughs soon.
This year, our Customer Experience team worked to streamline the sales process and remove customer pain points. We launched CubicFarms Garden, a consulting service for potential customers to help guide them on the economics of CubicFarms systems, including:
Financial plan: ROI calculation based on cost of inputs, financing type, exchange rate, etc.
Market assessment: Research outlining our customers’ agriculture market opportunities, size, scope, potential distributors and constraints.
Executive summary: A detailed, strategic pitch deck tailored to help customers secure financing for a CubicFarms system.
As a sales incentive, CubicFarms Garden customers can opt to apply the costs of our consulting services toward a future system purchase.
Our Customer Experience team also formalized our Farm School training program, a detailed curriculum to prepare our customers and their staff with all they need to know to correctly operate their CubicFarms system. They are trained on the machinery to assist with preventative maintenance and troubleshooting activities, machine operations, farm management, setting up quality management systems, and growing practices. Farm School also covers food safety and compliance with the tools of Good Agricultural Practices. We are excited to build out these services to support our customers in each step of their journey to commercial production.
A look ahead
We will continue to strategically build and promote our brand by differentiating our unique technology solutions that help our customers to grow sustainably and profitably. We will execute our global sales strategy of developing relationships with our distributors and dealers and tapping into their existing customer network, in addition to building our in-house sales teams.
Our dedicated R&D team is focused on expanding our unique product offerings to capture additional total addressable market share. We plan to grow our recurring revenue base by rolling out an increasing array of value-added services, such as CubicFarms Garden consulting, as discussed above. Additionally, rigorous margin expansion is an ongoing focus, by pursuing supply chain efficiencies through improved sourcing methods, and improving procurement power and reduced manufacturing per unit costs through enhancing scale.
Finally, the successful acquisition and integration of HydroGreen keeps us on the look out for other complementary businesses that have potential as strategic acquisition targets, or synergistic partnerships that could arise with other companies in the industry or Ospraie’s portfolio.
In the coming year, we expect increasingly smoother sales cycles to help provide for the capital needs to pursue our growth objectives. We diligently laid the groundwork in the past year to position our company for success. We want to continue working hard to ensure all our efforts up to this point are worthwhile.
Thank you for being on this journey with us.
Dave Dinesen
CEO
CubicFarms files fourth quarter and year-end financial results
The Q4 and year-end financial statements and management's discussion and analysis are available under the CubicFarm Systems profile on SEDAR at www.sedar.com, or on the CubicFarms website at https://cubicfarms.com/investors/.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About CubicFarm® Systems Corp.
CubicFarm Systems Corp. (“CubicFarms”) is a technology company developing and deploying technology to feed a changing world. Its proprietary technologies enable growers around the world to produce high quality, predictable crop yields. CubicFarms has two distinct technologies that address two distinct markets. The first technology is its CubicFarms™ system, which contains patented technology for growing leafy greens and other crops indoors, all year round. Using its unique, undulating-path growing system, the Company addresses the main challenges within the indoor farming industry by significantly reducing the need for physical labour and energy, and maximizing yield per cubic foot. CubicFarms leverages its patented technology by operating its own R&D facility in Pitt Meadows, British Columbia, selling the system to growers, licensing its technology and providing vertical farming expertise to its customers.
The second technology is CubicFarms’ HydroGreen system for growing nutritious livestock feed. This system utilizes a unique process to sprout grains, such as barley and wheat, in a controlled environment with minimal use of land, labour and water. The HydroGreen system is fully automated and performs all growing functions including seeding, watering, lighting, harvesting, and re-seeding – all with the push of a button – to deliver nutritious livestock feed without the typical investment in fertilizer, chemicals, fuel, field equipment and transportation. The HydroGreen system not only provides superior nutritious feed to benefit the animal, but also enables significant environmental benefits to the farm.
Cautionary statement on forward-looking information
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including, without limitation, statements with respect to financial position, business strategy, growth strategies, budgets, operations, financial results, plans, objectives and other information that is not historical fact. Such statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of CubicFarm Systems Corp., or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements or information including the Company obtaining the approval of the Offering from the TSX Venture Exchange. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict", and other similar terminology, or state that certain actions, events, or results "may", "could", "would", "might", or "will" be taken, occur, or be achieved. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. See "Cautionary Note Regarding Forward-Looking Information" and "Risk Factors" in the Company's Annual Information Form which is available on www.sedar.com for a discussion of the uncertainties, risks and assumptions associated with these statements. We caution that the list of risk factors and uncertainties is not exhaustive and other factors could also adversely affect our results. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company's expectations regarding future events, performance, or results change.
US: COLORADO - Natural Grocers Issues Voluntary Recall on Organic Elderberries
Vitamin Cottage Natural Food Markets, Inc., a Lakewood, Colorado-based natural grocery retailer, is voluntarily recalling Natural Grocers Brand 4-ounce Organic Whole Elderberries after being notified by its supplier of the potential presence of Salmonella
November 2, 2020
Vitamin Cottage Natural Food Markets, Inc., a Lakewood, Colorado-based natural grocery retailer, is voluntarily recalling Natural Grocers Brand 4-ounce Organic Whole Elderberries after being notified by its supplier of the potential presence of Salmonella.
The company’s voluntary recall is on the FDA website.
To date, the company said in the recall notice that it has received no reports of illness or injury.
“After initially certifying that this product had tested negative for Salmonella and was fit for human consumption, our supplier subsequently notified the company of the potential presence of Salmonella in specific lots of organic elderberries,” the company said the voluntary recall.
The company advised consumers who may have purchased this product are advised to discontinue use immediately and discard or return the product for credit or refund.
The product, according to the recall notices, was distributed to 159 Natural Grocers stores located in Arkansas, Arizona, Colorado, Iowa, Idaho, Kansas, Louisiana, Minnesota, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, Texas, Utah, Washington, and Wyoming.
Consumers with questions may contact the company’s customer service line at 303-986-4600, ext. 80801, Monday through Friday 8:00 a.m. to 5:00 p.m. Mountain time.
The Packer's Food Safety Coverage
Lead photo: ( Vitamin Cottage Natural Food Markets )
Real Leaf Farm Receives Significant Endorsement By Just Transition Commission Through The Award of €1 million In Grants.
The JFT awarded projects that represented innovative and inspiring plans for the Midlands and who are committed to creating a green and sustainable economy for the region
Real Leaf Farm receives significant endorsement by Just Transition Commission through the award of €1 million in grants. This recognizes Real Leaf Farm’s role in creating a green and sustainable economy for the Midlands.
Real Leaf Farm (RLF) is delighted to be been selected as one of the key projects in the Midlands under the Just Transition Fund (JFT). The JFT awarded projects that represented innovative and inspiring plans for the Midlands and who are committed to creating a green and sustainable economy for the region.
Real Leaf Farm’s mission is to grow fresh, nutritious leafy greens for the local food market using sustainable farming methods that have low environmental impact. The elimination of herbicides and pesticides not only makes RLF a provider of clean, natural, food products but is better for the environmental, leaving no residues behind.
Speaking at the launch, Real Leaf Farm CEO, Karen Hennessy said “RLF is developing a scalable sustainable business - generating income, creating jobs, providing innovative solutions to food production and supporting Midland communities while aligning to the region’s natural strengths in horticulture. The award today of €1 million is a significant endorsement by the government of these plans and I would like to sincerely thank the Just Transition Commission and the Department of the Environment, Climate and Communication”.
Commenting on the grant award, Eddie Kilbane, Founder of Real Leaf Farm said “the development of Sustainable Smart Hydroponic Farming, in Ireland as a whole, will play an important role in social well-being and strengthen self-sufficiency, by diminishing risks connected to the reliance on the global food production system, and long delivery chains; thus creating more resilient communities”.
The first site is planned for the Midlands partnering with Bord na Móna. RLF will repurpose underutilized buildings and to build a new, state of the art, glasshouse thereby reusing and conserving old buildings and bringing jobs back into the peatlands community.
For further information on Real Leaf Farm please visit www.realleaffarm.com
-ENDS-
For further press information, please contact:
Karen Hennessy at khennessy@realleaffarm.com
About Real Leaf Farm
RLF is a new agri-tech company leading the development of sustainable hydroponic farming across Ireland and the UK. It is a pioneering and disruptive business which will be Ireland’s first 100% Hydroponic farm, growing delicious pesticide-free, herbicide-free, salad vegetable produce, 365 days a year. This is smart farming for a sustainable planet in the 21st century.
Through its unique Agri-Tech Solution, RLF has total control over variables like climate and light and uses significantly less land and water compared to conventional outdoor farming. By combining cutting edge technology and design with optimal agriculture methods, RLF is making fresh, nutrient-rich, and tasty food accessible locally, throughout the year, whilst minimizing wastage, excessive transport and ensuring food security.
There is a unique opportunity to be first to market, in a growing sector, through import substitution and the development of a more efficient and sustainable farming model. This project will deliver direct and indirect employment for transition impacted communities, providing sustainable, safe and secure food for local supply. It is also a Brexit solution provider as most of our imports are currently traveling through the UK land bridge.
About Just Transition Fund
The Just Transition Fund is a key pillar of the government’s just transition plan for the Midlands region. A 2020 fund will be available for projects focusing on retraining workers and proposals to generate sustainable employment in the green enterprise in the region, and supporting communities to transition to a low carbon economy.
The objective of the Just Transition Fund 2020 call is to fund innovative projects that contribute to the economic, social, and environmental sustainability of the Wider Midlands region and which have employment and enterprise potential. It will support projects that take a whole-of-Midlands strategic approach and complement other sources of public funding.
Provisional offers of funding, totaling €27.8 million, have been made to 47 projects in the Midlands under the Just Transition Fund. The projects represent innovative and inspiring plans from businesses, local authorities, and communities in the Midlands who are committed to creating a green and sustainable economy for the region. This dedication from the community and targeted support will make the region an attractive and sustainable place to live and work. It will fund training and reskilling so local businesses and communities can adjust to a low-carbon transition.
US: Growing Up: Vertical Farming Makes the Most of Limited Space
To increase agricultural yields, a CALS horticultural scientist and his students are literally looking up. They want to know if growing plants indoors in vertically stacked layers could be part of the solution to feeding a fast-growing world population as farmland becomes scarcer
October 26, 2020 | Dee Shore
To increase agricultural yields, a CALS horticultural scientist and his students are literally looking up. They want to know if growing plants indoors in vertically stacked layers could be part of the solution to feeding a fast-growing world population as farmland becomes scarcer.
Ricardo Hernandez, a leading expert on growing plants in controlled environments, is exploring ways to make vertical farming profitable and sustainable. He and his students have modified a donated shipping container to grow produce and herbs on campus.
Mark Watson, who graduated in May, says that indoor vertical farming has several advantages. It allows for year-round production, and it’s less susceptible to weather extremes. It can also be used in urban settings, potentially reducing food losses that occur in getting crops from rural farms to tables.
Still, substantial challenges remain. Indoor production requires significant energy, which pushes farmers’ costs up.
Watson hadn’t heard of vertical farming before he took Hernandez’s controlled-environment horticulture class in 2019. He went on to win a national award for independent research on the best temperature and humidity to allow tomato plants to heal indoors after being grafted onto the rootstocks of other plants.
He also served as president of NC State’s Vertical Farms Club, which is testing leafy greens and other food crops in the shipping container and exploring marketing opportunities. The club includes students in horticulture, plant and microbial biology, crop and soil sciences, electrical and computer engineering, and mechanical and aerospace engineering.
Hernandez sees possibilities for farmers to raise high-value seedlings in vertical farms. As he explains, “Using a controlled environment can be key, because we can grow plants in high density and manipulate the environment—the lighting, the temperature, air movements and carbon dioxide concentrations—to produce the best seedlings possible.”
Plenty Names Former Hewlett-Packard, Heinz Execs To Board
Vertical farming company Plenty, South San Francisco, has added Ann Livermore and Bill Johnson, former executives at Hewlett-Packard and H.J. Heinz, respectively, to its board of director
October 28, 2020
Vertical farming company Plenty, South San Francisco, has added Ann Livermore and Bill Johnson, former executives at Hewlett-Packard and H.J. Heinz, respectively, to its board of directors.
Livermore brings extensive experience on advising companies during periods of growth and change, according to a news release.
She started at Hewlett-Packard in 1982 and retired as an executive in 2011, and continues as a Hewlett-Packer Enterprise Co. board member. Other companies at which she’s a board member are Qualcomm, United Parcel Services and D2iQ.
Johnson was at Heinz for 31 years in roles that included general manager, and president and CEO. He was named CEO of the Year for the Global Food and Beverage Industry in 2011. He is an operating partner with private equity firm Advent International and is chairman of Sovos Brands, an investment vehicle for food and beverage acquisitions, according to the release.
“The experience and wisdom that Ann and Bill bring to the Plenty board will be critical as we work to grow our platform and increase production to provide fresh, and delicious food to more consumers,” Matt Barnard, Plenty co-founder and executive chairman, said in the release. “They will help ensure that our mission is supported and advanced through best practices in governance and corporate stewardship.”
Lead photo: ( Photos and logo courtesy Plenty; graphic by Amelia Freidline )
Related stories:
Plenty raises $140 million in investments
Delta Singapore Showcases Smart And Green Solutions For Factory, Building And Farm Automation At its ITAP 2020 Virtual Event
In addition, Delta hosted a series of online training seminars about Delta's industrial automation, building automation, infrastructure, and vertical farming solutions. The seminars on building automation and vertical farming received the most positive feedback from attendees
October 27, 2020
ACROFAN=PRNewswire mediainquiries@prnewswire.com | SNS
An interactive experience of Delta Singapore's energy-efficient and innovative portfolio for the smart city
SINGAPORE, Oct. 27, 2020,/PRNewswire/ -- Delta Electronics Int'l (Singapore) Pte. Ltd., a provider of power and thermal management solutions, launched an innovative 3D virtual showcase of its smart and green and automation solutions for factory, building, and vertical farm operations at the Industrial Transformation ASIA-PACIFIC (ITAP) 2020. The online showcase featured products and solutions which enable industrial automation, building automation, data centers, Electric Vehicle (EV) charging, mobile power, display and projector, and vertical farming.
Commenting on Delta Singapore's innovative digital exhibition, Mr. Jackie Chang, President of Delta in Southeast Asia, India, and Australia, said, "As an innovative solutions provider, Delta is excited to leverage digital technology to reach our audiences despite COVID-19 challenges. We welcome visitors to explore our new Singapore office on the online platform and see how Delta's automation, data centers, EV charging, mobile power, display and projector, and vertical farming will enable more energy efficiency and productivity in the next normal."
Ms. Cecilia Ku, General Manager of Delta Electronics (Singapore), said, "Due to the pandemic, business outlook and behaviors have changed tremendously. Smart automation can enable Singapore businesses to stay competitive in the region. As an innovative solutions provider, Delta Singapore is looking forward to collaborating with the industries and bring new ideas and solutions to local businesses."
ITAP 2020 was both the first trade event for Delta Singapore to attend since the COVID-19 pandemic and its first launch of a 3D virtual exhibit and tour experience. Visitors could get an exclusive look at Delta Singapore's offerings at a virtual model of the new company building located at 17 Kallang Junction.
Visitors to Delta's ITAP 2020 virtual exhibition freely explored Delta's latest solutions including:
Automation: Delta's automation solutions include industrial automation for factories. Delta's smart manufacturing and cloud-integrated smart manufacturing solutions combine high performance and reliable automation products with IIoT and cloud-based software systems to give a 360-degree monitoring view of manufacturing and boost productivity. Building automation solutions by Delta's subsidiaries, Loytec and Delta Controls, offer intuitive building management and automated control for efficient and livable indoor spaces. Delta's HVAC control solution integrates AC motor drives fans and pumps to save energy.
Infrastructure: Delta's scalable and modular data center solutions cover power and thermal management, facility infrastructure, and environment monitoring and control. Delta's EV charging portfolio ranges from AC EV chargers for residential and workplace applications all the way to DC fast chargers for filling stations. Delta's energy-saving video walls and large scale display solutions support indoor control rooms and malls as well as outdoor venues.
Smart Living: Delta's vertical farming solution is designed to increase productivity and automate labor-intensive tasks in agriculture. Delta's brands, Vivitek, offers a broad range of display and projection solutions for personal, educational, and professional applications. Innergie power products offer maximum power and compact size for mobile devices.
Another highlight at the event was the signing of MOU among Singapore Polytechnic, TUV SUD, Delta Electronics Inc., and Singapore's Smart i4.0 Transformation Alliance (SiTA) to provide end-to-end Industry 4.0 (I4.0) solutions to small-medium enterprises, local large enterprises as well as multinational corporations in the manufacturing cluster.
At the same time, there was another signing of a MOU among Singapore Polytechnic and the Asian Development Bank for strategic collaboration to jointly establish Singapore's first Global Technology Innovation Village (GTiV). Delta is one of the 19 selected organizations that will support the GTiV which aims to allow more players in the region to step up on I4.0 adoption and push ahead with its business transformation plans.
In addition, Delta hosted a series of online training seminars about Delta's industrial automation, building automation, infrastructure, and vertical farming solutions. The seminars on building automation and vertical farming received the most positive feedback from attendees.
Visitors can experience Delta virtual showcase at https://www.deltaonlineshowroom.sg/.
About Delta Electronics Int'l (Singapore)
The company is a wholly-owned subsidiary of Delta Electronics Inc. Delta, founded in 1971, is a global provider of switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," Delta leverages its core competence in high-efficiency power electronics and its CSR-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers, and manufacturing facilities spread over close to 200 locations across 5 continents.
Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies, and dedication to CSR. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 8 consecutive years. In 2017, Delta was selected by CDP (formerly the Carbon Disclosure Project) for its Climate Change Leadership Level for the 2nd consecutive year.
For detailed information about Delta, please visit: www.deltaww.com
Related Links :
https://www.deltaww.com/
Lead photo: Delta Singapore Showcases Smart and Green Solutions for Factory, Building and Farm Automation at its ITAP 2020 Virtual Event
AppHarvest Breaks Ground On Third High-Tech Greenhouse, Expands From Tomatoes Into Leafy Greens
The indoor facility will grow non-GMO, chemical pesticide-free leafy greens to be distributed to U.S. grocers and restaurants
October 26, 2020
Source: AppHarvest
Creates Eastern US Source of Crop Grown Primarily In California, Arizona
BEREA, Kentucky, Oct. 26, 2020 (GLOBE NEWSWIRE) -- AppHarvest today announced it has started construction on a third high-tech controlled environment agriculture facility in Central Appalachia and is expanding into growing leafy greens. Located in Berea, KY, the farm, when complete, will be 15 acres.
The indoor facility will grow non-GMO, chemical pesticide-free leafy greens to be distributed to U.S. grocers and restaurants. Because of the company’s strategic location in Appalachia, AppHarvest can reach nearly 70% of Americans in just a day’s drive, reducing transportation costs by up to 80% compared to existing growers. American production is concentrated in Arizona and California, which combine to grow 90% of US-grown leafy greens.
These states are in the midst of a decades-long drought and are consuming precious water resources. By contrast, Central Appalachia, where AppHarvest is investing in building controlled environment agriculture facilities, has an abundance of rain. The facility in Berea, like AppHarvest’s other controlled environment agriculture facilities, will be designed to have its water needs met entirely by recycled rainwater using a closed-loop irrigation system where all water not absorbed by the plants is cleaned using sand and UV and then reused.
The facility will continue to expand AppHarvest's growing space in Central Appalachia. AppHarvest opened its flagship farm — a 2.76-million-square-foot facility growing tomatoes — last week in nearby Morehead, KY, and also broke ground for a second facility of similar size in Madison County outside Richmond, KY.
“With this facility, we will expand beyond vine crops to leafy greens, which face many of the same challenges in today’s broken food systems,” said AppHarvest Founder & CEO Jonathan Webb. “Leafy greens are grown almost exclusively in states with little water and then travel thousands of miles to most Americans. We’re working to create a more resilient American food system, and water usage is at the heart of the issue.”
Added Berea Mayor Bruce Fraley, “The city of Berea is thrilled to welcome AppHarvest to our community. Throughout the site selection process, it has become clear to me that Berea is a perfect fit for AppHarvest, and AppHarvest is a perfect fit for our city. We are very glad to be part of a truly revolutionary movement in AgTech.”
How is AppHarvest different from traditional agriculture companies?
The company’s greenhouses are designed to reduce water usage by 90% compared to traditional open-field agriculture due to unique irrigation systems connected with large-scale rainwater retention ponds. The system is designed to eliminate harmful agricultural runoff, which contributes to toxic algae blooms.
AppHarvest farms are located in water-rich Central Appalachia in contrast to much of America’s vegetable production that is concentrated in Arizona and California, states that continue to confront water scarcity and climate disruptions.
Strong relationships with leading AgTech universities and companies in the Netherlands position AppHarvest as a leading applied technology agriculture company. The Netherlands has developed a significant high-tech greenhouse industry, becoming the world’s second-largest agricultural exporter despite having a landmass roughly equal in size to Eastern Kentucky. Earlier this year, AppHarvest led a landmark 17-organization agreement uniting Dutch and Kentucky governments, universities, and private companies, with all committing to building America's AgTech capital from within Appalachia. Among the signatories is Berea College, which is based in Berea, KY.
“AppHarvest is such a forward-looking business organization, and we think it surely belongs in one of the most forward-looking towns in Kentucky,” said Berea College President Lyle Roelofs. “We look forward to many learning and participation opportunities for the Berea College faculty and students who are involved in our great programs in agriculture, sustainability, business, and computer science.”
In just over two years, AppHarvest has attracted more than $150 million in investment into Central Appalachia and announced on September 29 a definitive agreement for a business combination with publicly-traded special purpose acquisition company Novus Capital Corporation (Nasdaq: NOVS). The combination, which is expected to close late in the fourth quarter of 2020 or early in the first quarter of 2021, will provide $475 million of gross proceeds to the company, including $375 million fully committed common stock PIPE at $10.00 per share anchored by existing and new investors – including Fidelity Management & Research Company, LLC, Inclusive Capital, and Novus Capital Corporation. Upon closing of the transaction, the combined company will be named AppHarvest and is expected to remain listed on Nasdaq under the ticker symbol APPH.
AppHarvest’s investors include Revolution’s Rise of the Rest Seed Fund, Inclusive Capital Partners, Equilibrium, Narya Capital, Lupa Systems, Breyer Capital, and Endeavor Catalyst. Endeavor selected AppHarvest Founder & CEO Jonathan Webb as an Endeavor Entrepreneur in 2019.
Board members include food icon Martha Stewart, Narya Capital Co-Founder, and Partner JD Vance, Impossible Foods Chief Financial Officer David Lee, and impact investor Jeff Ubben.
About AppHarvest
AppHarvest is an applied technology company building some of the world’s largest indoor farms in Appalachia. The Company combines conventional agricultural techniques with cutting-edge technology and is addressing key issues including improving access for all to nutritious food, farming more sustainably, building a home-grown food supply, and increasing investment in Appalachia. The Company’s 60-acre Morehead, KY facility is among the largest indoor farms in the U.S.
For more information, visit https://www.appharvest.com/.
Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this press release, regarding Novus Capital’s proposed acquisition of AppHarvest, Novus Capital’s ability to consummate the transaction, the benefits of the transaction, and the combined company’s future financial performance, as well as the combined company’s growth plans and strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of AppHarvest’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of AppHarvest. These forward-looking statements are subject to a number of risks and uncertainties, including those discussed in Novus Capital’s registration statement on Form S-4, filed with the SEC on October 9, 2020 (the “Registration Statement”), under the heading “Risk Factors,” and other documents Novus Capital has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect AppHarvest’s expectations, plans, or forecasts of future events and views as of the date of this press release. AppHarvest anticipates that subsequent events and developments will cause its assessments to change. However, while AppHarvest may elect to update these forward-looking statements at some point in the future, AppHarvest specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing AppHarvest’s assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Important Information for Investors and Stockholders
In connection with the proposed transaction, Novus Capital has filed the Registration Statement with the SEC, which includes a preliminary proxy statement to be distributed to holders of Novus Capital’s common stock in connection with Novus Capital’s solicitation of proxies for the vote by Novus Capital’s stockholders with respect to the proposed transaction and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of securities to be issued to AppHarvest’s stockholders in connection with the proposed transaction. After the Registration Statement has been declared effective, Novus Capital will mail a definitive proxy statement, when available, to its stockholders. Investors and security holders and other interested parties are urged to read the proxy statement/prospectus, any amendments thereto and any other documents filed with the SEC carefully and in their entirety when they become available because they will contain important information about Novus Capital, AppHarvest and the proposed transaction. Investors and security holders may obtain free copies of the preliminary proxy statement/prospectus and definitive proxy statement/prospectus (when available) and other documents filed with the SEC by Novus Capital through the website maintained by the SEC at http://www.sec.gov, or by directing a request to: Novus Capital Corporation, 8556 Oakmont Lane, Indianapolis, IN 46260. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.
Participants in the Solicitation
Novus Capital and its directors and officers may be deemed participants in the solicitation of proxies of Novus Capital’s shareholders in connection with the proposed business combination. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Novus Capital’s executive officers and directors in the solicitation by reading the Registration Statement and other relevant materials filed with the SEC in connection with the business combination when they become available. Information concerning the interests of Novus Capital’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, is set forth in the Registration Statement.
1 https://lgma.ca.gov/about-us#overview
MEDIA CONTACT: press@appharvest.com
IMAGE/VIDEO GALLERY: Available here
Increasing Lettuce Leaves' Fresh Weight by Light Treatments
Italian researchers dove into the matter and trialed three spectra to see what the effects would be on the crop and what the potential is for growing vegetables at your house
While red light is widely considered the visible spectral region with higher effects on photosynthesis, the amount of blue required for different species is an ongoing question. Italian researchers dove into the matter and trialed three spectra to see what the effects would be on the crop and what the potential is for growing vegetables at your house.
By Mattia Accorsi PhD (1); Federico Carotenuto PhD (2)
1) Biologist2) Researcher CNR IBIMET Florence
Light-spectrum manipulation
The research deepen the enhancement of the nutraceutical components in indoor primary production through only the light-spectrum manipulation. To achieve the experimental results was built, in collaboration with the Department of Agronomical Sciences (University of Bologna), an integrated and automated indoor prototypal growing system. In the prototype different state-of-the-art LED lighting lamps prepared ad hoc by C-LED (www.c-led.it) are compared in order to pinpoint the best spectral characteristics for food production as well as the most energy-efficient solution.
Material and methods: Sampling Location, hydroponic system, and plant material
Indoor growing system was divided into three sectors separated by a non-reflective opaque membrane. Each sector held two draining trays with 8 pots each containing a 50:50 perlite-vermiculite growing medium. The automated irrigation system dispensed 30” of irrigation each three hours from 6:00 to 22:00 (local time) and again at 2 am. A 200 liters tank, refilled weekly, was used as the water reservoir. To the irrigation water were added a series of nutrients. Room temperature was regulated at 18 ± 2 °C between 8 am and 20 pm, and at 16 ± 2°C between 20 pm and 8 am, by the building HVAC system. Each sector (i.e.: each of the three columns with three shelves each) had a specific light spectrum supplied by different LED lamps. Each shelf (i.e.: each row of the scaffolding) contained one of the three varieties of lettuce (Lactuca sativa L.): var. Maravilla de Verano, var. Lollo Rosso, and var. Crispa. In this way, each variety was illuminated by the three different spectra, therefore generating nine combinations between variety and lightning.
Agronomical and morphological determination
Determinations on the number of leaves, LAI, and growth rate were conducted weekly for the entire duration of the plants’ growth since the transplanting (Zink and Yamaguchi, 1962). Plants’ biomass in fresh weight (FW) and dry weight (DW) production were analyzed at harvesting time. Values of electroconductivity (EC) and pH of water tank and drainage was checked three times per week with a conductometer model Basic 30 (Crison instrument, Barcelona, Spain). The content of nitrogen in the leaf tissues was measured weekly utilizing a Yara N-Tester (Oslo, Norway), taking thirty measurement per plant. Vegetables’ yield was related to the lamps’ energetic consumption in order to evaluate the energy use efficiency (EUE) and expressed as g kW-1.
Biochemical determination
At harvesting time, 30 days after transplanting, a portion of leaf tissues of different theses were collected and stored in polyethylene bags at -20°C until processed. Extraction and quantification of total phenolic and flavonoid contents was conducted as described in Piovene et al. (2014). Antioxidant capacity was determined with the 1,1-diphenyl-2-picrylhydrazyl (DPPH) method as described by Floegel et al. (2011), in order to evaluate the additive and synergistic effects of all antioxidants rather than the effects of single compounds (Brighenti et al., 2005; Puchau et al., 2009).
In all lettuce varieties, leaves’ fresh weight was significantly increased by light treatments. Thesis A (110±34g) and C (112±42g) determined a better production in respect to B (90±34g) as shown in figure. Between three lettuce varieties, at 30 days after transplanting (DAT), Meravilla de Verano showed the highest fresh biomass production with 135±28 grams per plant while Crispa and Lollo Rosso varieties had a production of 104±31g and 72±25g respectively. Dry: Fresh biomass ratio (DFr) revealed opposite trend with respect to total fresh food production: treatment B showed higher DFr with values of 1.34±0.15. These values were significantly different in respect to A (1.25±0.12 ) and C (1.10±0.98).
Discussion: Light characteristics and physiological implications
An increasing interest in indoor growing within the urban area is reflected in a multiplication of commercial solutions making use of soilless systems and precision agriculture techniques (Massa et al., 2008; Poulet et al., 2014; Specht et al., 2014). Differently to artificial lighting technologies such as HPS and fluorescent lamps, LED lighting allows a concrete energy saving and to choose the light spectrum for specific purposes (Ilieva et al., 2010). Continuous advancements in LED technology, allow in-depth research on physiology and biochemistry of plants, two-sector of botany strictly correlated with the quality and quantity of the incident light (Horton, 2000; Poulet et al., 2014).
While red light is widely considered the visible spectral region with higher effects on photosynthesis, the amount of blue required for different species is an ongoing question. Red wavelengths (600-700nm) contain the peak absorption of chlorophyll around 660nm (Massa, 2008). Photosystem I (PSI) and photosystem II (PSII) intercept photons respectively around 650nm (PSII) and 700nm (PSI) (Schopfer and Brennicke, 2010). Blue wavelengths (400-500nm) revealed a variety of important morphological (Blaaw and Blaauw-Jansen, 1970; Cosgrove, 1981), and physiological (Schwartz and Zeiger, 1984; Kinoshita et al., 2001; Horrer 2016; Wang et al., 2016) effects.
In this project, all three light spectra integrate a low percentage (8-19%) of green light. These wavelengths were added to continue the work of Piovene (2015) that identified a specific combination of BRr and green for stimulation of biomass production and nutraceutical characteristics. Other works in literature in mentioned green wavelengths for positive effects towards functional compounds content (Samuolienė et al., 2012) and physiological response to photosynthetic light (Kim et al., 2005; Johkan et al., 2012).
How light spectra influenced food production
This study did not identify the correlation between the percentage of green light and biomass production or nutraceutical characteristics (statistical data not shown) contrary to what stated by the work of Kim et al. (2005) who found positive influence in biomass production with the addition of 24% of green light. Anyway, green light, especially if added to the only red and blue LED, completes the visible spectrum and hence helped in the aesthetic presentation of the plants which appeared less purplish-gray and more natural. Therefore, the latter effect of green light within a growing spectrum, would help in better fitting the plant in the indoor living environment for human purposes and ease the identification of disease onset (Massa et al., 2008).
The food production has shown significant differences between lettuce varieties and light spectra. Taking into consideration only the lettuce varieties, Meravilla de Verano showed the best yield in respect to Crispa and Lollo Rosso. Light spectra, on the other hand, confirmed that the optimal ratio between red and blue has great relevance in influencing crop yield. While a certain quantity of blue light is necessary for a proper physiological balance (Yoro et al., 2001), this study showed that lower BRr has a positive influence on food productivity across lettuce varieties in accordance with previous researches (Wang et al., 2016). In general, it seems that the optimal BRr is somewhat species-specific since, for example, leafy aromatic vegetables showed better biomass production with a higher percentage of blue wavelengths (Piovene et al., 2015; Abiusi et al., 2013). On the other hand, strawberry showed an improvement of vegetative growth when the red percentage was higher than blue, although compensated by a background white light (Samuoliené et al., 2010)
In fact, many researches points out how plants require a complex spectrum that may include green: this parameter increase the difficulty to choose the “correct” light recipe, considering a number of factors such as specific species-varieties- phonological stage requirements (Wang et al., 2016; Kim et al., 2005).
Nutraceutical implications
Different studies described how BRr influences nutraceutical properties in vegetables grown in indoor condition (Bantis et al., 2015; Piovene et al., 2015). Correlation between polyphenols and flavonoids content with antioxidant capacities has been documented (Dudonne´ et al., 2009; Samaniego Sanchez et al., 2007; Puchau et al., 2009). Polyphenols have an important antioxidant capacity determined by their ability to act as radical scavengers (Carter et al., 2006; Fardet, 2010). In nature, polyphenols are generally accumulated in plant tissues as response to external factors (Loaiza-Velarde et al., 1997). In indoor controlled growing system water, nutrition and microclimate are generally optimized: a particular light spectrum may therefore improve nutraceutical properties through photochemical induction and may, therefore, have a dramatic importance for human nutrition.
The three-light theses tested in this project revealed significant effects on the functional compounds such as phenolics and flavonoids, as well as the antioxidant activity. These data confirm previous works conducted with LED light manipulation (Piovene et at., 2015). In this work, antioxidant activity showed), an attitude of blue light to improve the antioxidant properties of lettuce (Figure 8) with a good correlation coefficient (R2=0.776). This is in accordance with previous researches that correlated the amount of flavonoids and antioxidant activity with blue light stimulation (Ebisawa et al., 2008; Kojima et al., 2010; Ouzounis et al., 2016). Blue light revealed also to be effective in increasing chlorogenic acid (Awada et al., 2001), that has higher antioxidant activity than carotenoids and tocopherols (Rice-Evans et al., 1997).
Fresh food possesses significant amounts of antioxidant and, due to its regular consumption, highly contributes in providing dietary antiradical protection (Deng et al., 2013; Harasym and Oledzki, 2014). Generally, fresh fruits have higher level of total polyphenols, total flavonoids and antioxidant capacity than vegetables (Chun et al., 2005) but, due to the higher consumption of vegetable the antioxidant uptake may be much lower. In epidemiologic studies (Chun et al., 2005) the daily nutraceutical uptake may be estimated at 129mg for TPC and 17mg for TFC.
The indoor experimental structure tested in this study guaranteed a certain TPC and TFC production. Considering the average consumption of 0.27 Kg d-1 person-1 (Leclercq et al., 2009; USP-BO 2013) is possible assert that indoor soilless system lighted with all LED spectrum allowed an average uptake of 6% of TPC and 6.2% of TFC.
Read more on the indoor food production sustainability and the conclusion of the research here.
Lead photo: Figure: Experimental vertical farming system realized in C-LED headquarters. Lettuce varieties at 30 DAT (harvesting time). From right to left: spectra thesis A, B and C. From top to bottom lettuce varieties: Lollo Rosso, Meravilla de Verano and Crispa
27 Oct 2020
SINGAPORE: Port CEO Wants To Stop Food Rotting On Ships
The food industry accounts for almost a quarter of global carbon emissions. Yet 30% of production is wasted because it doesn’t arrive in an edible form — caused by “logistical failures” that can be addressed using information technology, said Tan Chong Meng, the chief executive officer of PSA International Group in Singapore
Port CEO Wants To Stop Food Rotting On Ships
October 28, 2020
One of the largest container port operators is calling on the shipping industry to tackle a growing yet often overlooked major environmental problem: spoiled food from hauling produce around the world.
The food industry accounts for almost a quarter of global carbon emissions. Yet 30% of production is wasted because it doesn’t arrive in an edible form — caused by “logistical failures” that can be addressed using information technology, said Tan Chong Meng, the chief executive officer of PSA International Group in Singapore.
Reducing that wastage through “digitalization” to move food more efficiently is “a huge opportunity” for the freight industry, which emits about 800 million tons of carbon dioxide, Tan told the Singapore International Energy Week conference.
The shipping companies that move 90% of the world’s goods including food have pledged to decarbonize in the next 30 years by curbing fossil-fuel emissions. That commitment focuses on the pollution caused by fuel, but doesn’t include the indirect emissions from food waste. About 1.3 billion tons of global food production is lost before reaching consumers’ plates every year, according to the Food and Agriculture Organization of the United Nations.
Supply disruptions caused by the coronavirus pandemic have put the spotlight on food security, prompting calls for reduced wastage to boost self-sufficiency. In August, China’s President Xi Jinping introduced a “Clean Plates Campaign” to tackle the “shocking and distressing” problem of food waste.
In Singapore, which relies on imports for more than 90% of its food and increased wastage by 20% over the past decade, President Halimah Yacob urged citizens to help overcome the problem.
Some 10% of developed nations’ greenhouse gas emissions are created by producing food that’s never eaten, according to the UN Environment Programme. About 14% of the world’s food is lost after harvesting and before reaching the retail level, and good infrastructure and efficient trade logistics are key to preventing food losses, according to the UN Food and Agriculture Organization.
Lead photo: Photo: Bloomberg
GP Solutions, Inc. Enters Into Distribution Agreement With Advanced Container Technologies, Inc.
A key component of the agreement is ACT's exclusivity to market GP Solutions "Grow Pods." GP Solutions "Grow Pods" has become a popular and trusted technology in the agriculture industry. Subsequently, ACT completed a share exchange on October 9th, 2020, with Medtainer, Inc., (MDTRD). Medtainer, Inc. is a California based company that specializes in manufacturing, branding, sales and marketing consultation
NEWS PROVIDED BY
Oct 27, 2020
CORONA, Calif., Oct. 27, 2020,/PRNewswire/ -- On August 6th, 2020, GP Solutions, Inc. (GWPD) finalized a distribution agreement with California-based Advanced Container Technologies, Inc., (ACT). The agreement states ACT has the exclusive right to market, sell, and distribute GP's products in the United States and its territories. This agreement has an initial term that expires on December 31, 2025, and is renewable indefinitely as long as ACT meets prescribed sales targets. GP manufactures fully insulated, food-grade shipping containers that are specifically modified to provide an optimally controlled environment for growing a wide range of horticultural and agricultural products in all environments and climates.
A key component of the agreement is ACT's exclusivity to market GP Solutions "Grow Pods." GP Solutions "Grow Pods" have become a popular and trusted technology in the agriculture industry. Subsequently, ACT completed a share exchange on October 9th, 2020, with Medtainer, Inc., (MDTRD). Medtainer, Inc. is a California based company that specializes in manufacturing, branding, sales, and marketing consultation.
GP Solutions, Inc. President, George Natzic, stated, "We are very excited about the prospects of this agreement allowing ACT to use its expertise to market and sell GP Solutions' Grow Pods." Also stating, "This also allows GP Solutions to focus on manufacturing new products and executing our business model into new industries and territories."
GrowPods are controlled environment micro-farms with a sealed eco-system, utilizing filtered air and water while maintaining a pest-free environment to eliminate pathogens. Grow Pods offers farmers a high-margin niche to expand into and gives consumers access to safe, tested, and nutritious "Super Foods."
For more information, call: (855) 247-8054 or visit: www.growpodsolutions.com.
Connect:
Website: www.growpodsolutions.com
Facebook: facebook.com/GrowPodTechnology
Twitter: @GrowPodSolution
Forward-Looking Statements
This release includes predictions or information that might be considered "forward-looking" within securities laws. These statements represent Company's current judgments, but are subject to uncertainties that could cause results to differ. Readers are cautioned to not place undue reliance on these statements, which reflect management's opinions only as of the date of this release. The Company is not obligated to revise any statements in light of new information or events.
SOURCE GP Solutions
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US: Kentucky Fresh Harvest And AppHarvest Advance Kentucky’s Horticultural Sector
Kentucky Fresh Harvest (KFH) has held a ribbon-cutting ceremony at its Stanford, KY commercial greenhouse operation based at a 30-acre campus and on the latest in AgTech including a complete controlled environment
Two large commercial growers anchor an organized AgTech push by the state of Kentucky, and the greenhouses involved will consume many LED-based luminaires for supplemental lighting.
October 19th, 2020
Kentucky Fresh Harvest (KFH) has held a ribbon-cutting ceremony at its Stanford, KY commercial greenhouse operation based at a 30-acre campus and on the latest in AgTech including a complete controlled environment. The operation will grow tomatoes year round at a location that’s within a one-day truck ride to two thirds of the US population. Meanwhile, AppHarvest, which we have covered before, has announced plans to go public and raise additional capital for expansion and its 60-acre facility in Morehead, KY.
Both AppHarvest and KFH are part of the state of Kentucky’s AgriTech Advisory Council that Governor Andy Beshear formed back in July to boost the AgTech industry in the state. “AgriTech is the future of agriculture, and Kentucky is uniquely positioned to embrace and deliver on it,” said Beshear. “Being the global leader in the AgriTech industry not only will make Kentucky’s farms more productive and efficient, but also will benefit every citizen and every region of the commonwealth in creating industry and jobs.” The state further launched a dedicated website dedicated to AgTech called Kentucky AgriTech.
Kentucky Fresh Harvest
KFH has developed truly a controlled environment agriculture (CEA) setting for its tomato-centric operation. The farm says it recycles all water and nutrients not absorbed by around 13,000 plants, and cleans and recycles that captured fluid for reuse. The farm labels it a closed-loop irrigation system.
The greenhouses feature a mix of LED-based solid-state lighting (SSL) and high-pressure sodium (HPS) lighting. Such hybrid scenarios have become increasingly common because the HPS luminaires do double duty during cool weather, delivering both light and heat to the plants. KFH says that it further injects CO2 into the greenhouse on dark days to boost photosynthesis and increase natural sugar production. The farm is based on an AgTech control platform from InData.Farm.
“I’m extremely proud of our team at KFH,” said Curt Meltzer, CEO of KFH. “Not just for growing and harvesting this pilot crop during an extremely challenging time, but for the multitude of other steps they’ve taken this year to bring our vision for the Future of Farming to fruition. This is a win for Stanford, Lincoln County, and Kentucky’s agribusiness economy as a whole.”
“Kentucky Fresh Harvest is the type of company we envision can help strengthen our state’s economic potential, not just in the years ahead but for generations to come,” said Beshear. “The company bringing its operation on line during such a tumultuous time is a testament to their staff’s ability to adapt quickly and be prepared for any challenge. Kentucky Fresh Harvest has a bright future and I’m proud it will be here in the commonwealth.”
AppHarvest
Moving to AppHarvest, that grower is even larger than KFH. We first covered AppHarvest a little more than a year ago when the company and its partner Signify said that the Morehead operation would have the most LED lighting of any building in the world. Moreover, the farm was one of many horticultural operations to garner significant venture investments. That investment had totaled near $100 million when we first reported on AppHarvest. AppHarvest also spoke at our HortiCann Light + Tech Conference last year, and note that the virtual HortiCann 2021 begins Tuesday, Oct 20.
Now AppHarvest is turning to the public market to raise additional cash. The move to go public will be executed via a merger of the existing AppHarvest business with Novus Capital Corp (Nasdaq: NOVS). Following the close of that deal, the new company will still be named AppHarvest and will be traded on the NASDAQ exchange under a new ticker symbol. AppHarvest founder and CEO Jonathan Webb will lead the new company.
The move to go public is being supported by existing and new investors including Novus Capital, Fidelity Management & Research Company, and Inclusive Capital. AppHarvest expects the move to provide $475 million in gross proceeds. The cash will allow AppHarvest to expand and build more farms throughout the Appalachia regions.
“We are excited to transition AppHarvest to a public company and raise nearly a half a billion dollars in the process,” said Webb. “This will allow us to pursue our mission of transforming agriculture. A mission that’s become even more important since the global pandemic exposed how a rapidly increasing reliance on imports jeopardizes food security. We now know that, to build a more resilient food system that meets our growing population demands, we must immediately start building controlled environment agriculture facilities, as these farms use far fewer resources to grow far more produce. We believe that this partnership with Novus Capital is a transformative transaction which will allow us to both rapidly scale our agriculture facilities, in pursuit of our goal to redefine American agriculture, and build the country’s AgTech capital within Appalachia. Together we can transform agriculture.”
“AppHarvest is a unique and compelling investment opportunity that is redefining American agriculture by improving access for all to fresh non-GMO produce, growing more with fewer resources, and creating an AgTech hub from within Appalachia,” said Bob Laikin, chairman of Novus Capital. “With significant tailwinds from heightened investor focus on ESG [environmental, social, and corporate governance] initiatives and the secular shift to plant-based foods, we believe AppHarvest is well-positioned to execute on its strategy for rapid growth and value creation.”
Whole Foods Brings Vertical Farms To Select UK Stores
"We are excited to partner with Infarm to offer a truly hyper-local selection of greens and herbs across all of our London stores,” said Jade Hoai, director of purchasing and operations at Whole Food
10.28.2020
By Emily Park
LONDON – Whole Foods Market is installing vertical farms at the retailer’s seven London stores in a partnership with Infarm, an urban farming network. The vertical farms provide a flexible supply as needed, allowing shoppers to always have access to fresh produce, according to the company.
"We are excited to partner with Infarm to offer a truly hyper-local selection of greens and herbs across all of our London stores,” said Jade Hoai, director of purchasing and operations at Whole Foods. “Whole Foods Market customers can expect to find fresh, unique herbs from Infarm's vertical growing units like Bordeaux purple basil, that are grown locally, have no pesticides, and use a fraction of the traditional resources required to grow. We are excited about this relationship for its joint commitment to environmental stewardship and for the delicious, nutritious meals our customers will be crafting at home."
The partnership between Infarm and Whole Foods Market aims to satisfy increasing consumer demand for sustainably grown products, helping customers to make healthy choices and reduce their food waste.
Infarm units use 95% less water and 90% less transport than traditional agriculture, as well as 75% less fertilizer and no pesticides. Measuring just 2 square meters, Infarm's instore farms produce more than 8,000 plants per year.
Lead photo: Source: Whole Foods
Israeli Start-Up Makes Vertical Farms To Grow Crops In City Parking Lots
The farms come with a number of other advantages over traditional farming. It's container-like nature provides a controlled growing environment, ensuring more sterility and keeping it safe from bugs and therefore not needing pesticides. It also allows for automated crop management, which limits human contact and allows for consistent quality
Vertical farms subvert the space limitations of cities by allowing for portable, shipping container-esque produce farms that can operate in any urban environment.
By AARON REICH
OCTOBER 28, 2020
An Israeli agri-tech start-up has created vertical farms in urban environments, allowing for fresh produce to be grown in cities.
These vertical, sustainable farms were developed by Ra'anana-based Vertical Field through the use of geoponic technology, agricultural expertise and smart design. This is especially useful in "urban food deserts," which are often lacking in available space for crop cultivation.
The vertical farms subvert this limitation by creating vertical growing platforms to essentially farm produce on walls. These greenhouse crop-fields are portable, and are around the size of shipping containers ranging from 20 feet to 40 feet, which can fit right in a parking lot, allowing supermarkets and groceries to grow and sell their own home-grown produce right outside the door.
The farms come with a number of other advantages over traditional farming. It's container-like nature provides a controlled growing environment, ensuring more sterility and keeping it safe from bugs and therefore not needing pesticides. It also allows for automated crop management, which limits human contact and allows for consistent quality.
Furthermore, it also produces less waste, as well as a 90% decrease in the amount of water needed.But perhaps most importantly, it isn't limited by traditional seasons for produce, with all crops being "in season" year-round, having shorter overall growing cycles and longer shelf lives.
And, by growing produce locally, it also reduces wasted emissions in the supply chain.The development builds off of Vertical Fields's successes in 2019, where it was recognized among the top start-ups to watch by Silicon Review and World Smart City.
“Vertical Field offers a revolutionary way to eat the freshest greens and herbs, by producing soil-based indoor vertical farms grown at the very location where food is consumed,” said Vertical Field’s CEO Guy Elitzur, who is hoping to place his vertical farms in retail chains and restaurant establishments in cities throughout the US.
“Not only do our products facilitate and promote sustainable life and make a positive impact on the environment, we offer an easy to use real alternative to traditional agriculture. Our urban farms give new meaning to the term ‘farm-to-table,’ because one can virtually pick their own greens and herbs at supermarkets, restaurants or other retail sites.”
The development of these vertical farms comes at the perfect time, with the coronavirus pandemic cutting off the produce supply chain on both local and global levels. And with the population still growing, and projected by some to reach 10 billion in around 30 years, the need to maintain a sustainable source of fresh produce has become a mounting concern.
This also ties in with a growing demand for fresh and organic foods on the global market. As seen at Tuesday's 2020 Israeli Culinary Expo, more and more consumers are seeking plant-based food products, which translates to a growing demand for fresh produce.
But with Vertical Field's innovative new crop cultivation method, everyone from restaurants, supermarkets, hotels, architects and urban developers can have their own ready supply of local produce.Hagay Hacohen contributed to this report.
Tags food hi-tech Farming Coronavirus COVID-19
"I Can See Hydroponics Becoming Bigger, From Commercial Use To Homes"
A University of British Columbia student design team is developing a fully autonomous agricultural robot, driven by their belief that Canada can lead the world in sustainable farming.
A University of British Columbia student design team is developing a fully autonomous agricultural robot, driven by their belief that Canada can lead the world in sustainable farming.
The UBC AgroBot aims to precisely exterminate weeds and fertilize crops as well as record data from a farmer’s operation. The team has grown from four to 40 plus students with backgrounds in various engineering disciplines and many with no prior exposure to agriculture.
The AgroBot project involves four teams of students. The chassis team designs the mechanical body, structure and driving system. The extermination team works on the mechanics and chemical design to target weeds. The navigation team develops the autonomous software to navigate crop rows and the image recognition team uses machine learning technology to allow the robot to identify crops and weeds.
“To sustainably produce enough food for the world, there is an urgent need for innovation in the field of agriculture,” says Wendie Wu, AgroBot team member. “Engineering students are drawn by the technologies we see working in other industries and they’re eager to apply them in agriculture and help operations be as sustainable as possible.”
The UBC team was the only Canadian university design team planning to attend the AgGrowBot Challenge hosted by Indiana’s Purdue University last May, however the COVID-19 pandemic prevented the AgroBot team from attending. Still, their success has been noticed at UBC where they were granted official engineering design team status and have received financial support from various organizations, including Farm Credit Canada (FCC).
“Agriculture continues to be one of the most innovative and agile industries in Canada, says FCC marketing vice president Fred Wall. “In order to feed a growing world population, we need to focus on sustainability and technology. FCC applauds the UBC AgroBot students for seeing the opportunity to apply their skills in agriculture and make a real difference for the food sector.”
The interest and success of the AgroBot project has UBC supporting an aquaponics project as well, dubbed AgroPonics. It involves applying similar machine learning, image recognition and automation technologies to building an autonomous indoor garden system that is functional without soil.
Team member Seline Choe is motivated about what agritech can do for agriculture and food in Canada. “The agritech industry is growing fast. I see the opportunity to use more image recognition and data collection for the benefit of everyone. There are a lot of companies in the research phase and we can be a part of the talent pipeline that will evolve those technologies,” Seline adds. “I can see hydroponics becoming bigger, from commercial use to homes, it can be a more efficient way to grow food by optimizing growing conditions. We need to come up with new ways to support the world’s population with the food it needs.”
The UBC students are continuing to work on both the AgroBot and AgroPonics projects. They hope to implement their products on local farms and on the university campus in the near future.
For more information:
Farm Credit Canada
www.fcc-fac.ca
28 Oct 2020
EVENT: “Vertical Farming in Hong Kong: Toward Food Security, Resilience and Sustainability”
Vertical farms constitute an innovation that is part of an inclusive portfolio of solutions designed to meet the increased planetary demand for food by 2050 in the face of dwindling resources and a disruptive changing climate
2 November 2020
10:30am - 12:00pm - Hong Kong Standard Time
Online via Zoom
Hong Kong today remains counted to be among the world’s most “food-vulnerable” places, importing approximately 90 percent of its food supply and thereby maintaining an exposure to recurring volatility in food prices as caused by such vicissitudes as the deleterious impact of a changing climate on agricultural production and, more recently, via the Covid-19 pandemic.
Hong Kong, for instance, produced about two-thirds of the vegetables that it consumed around 1950; today, however, it produces vegetables that only meet less than two percent of its total demand, and importing approximately 92 percent from mainland China.
Meanwhile, in and around many cities around the world, vertical farms have recently been emerging as a form of local food production designed to foster local food security, resilience and sustainability.
A type of controlled-environment crop production employing vertically stacked shelves using liquid nutrient solution and typically light-emitting diodes (LEDs) for lighting, vertical farms provide safe, dependable and consistently high crop yields and quality throughout the year independent of season, climate and geography -- and without the use of pesticides, at less than 20 percent water consumption relative to open-field cultivation, without the need for arable land, and while significantly curtailing both food wastes and food-transport greenhouse-gas emissions.
Vertical farms constitute an innovation that is part of an inclusive portfolio of solutions designed to meet the increased planetary demand for food by 2050 in the face of dwindling resources and a disruptive changing climate. The application in vertical farming of Industry 4.0 technologies, including data analytics, artificial intelligence (AI) and automation, among others, are helping transform vertical farming into an exponential innovation.
This presentation will delve into vertical farming and the multifaceted promises that it holds for Hong Kong in the context of food security and resilience, types and paradigms of vertical farms, Cuello’s Law of resource sustainability, and the social sustainability of vertical farms related to community building.
WHEN:
2 November 2020
TIME:
10:30am - 12:00pm
WHERE:
Online via Zoom
EVENT FORMAT:
SPEAKER:
Joel L. CUELLO
Professor of Agricultural & Biosystems Engineering Vice Chair, International Association for Vertical Farming (AVF) The University of Arizona, U.S.A.
Joel L. Cuello is a Professor of Agricultural and Biosystems Engineering and Director of the Global Initiative for Strategic Agriculture in Dry Lands at The University of Arizona. A globally recognized expert in the engineering of sustainable biological and agricultural systems, his technical expertise in both engineering and biology provides the platform for engineering designs in various agricultural and biological systems with emphasis on optimizing biological and agricultural productivities while fostering resource sustainability and environmental protection.
Prof. Cuello has designed, constructed and implemented varied types of engineered agricultural or biological systems, including those applied in bioregenerative space life support, hydroponics, tissue culture, and industrial mass production of algae, plant cell and microbial cultures for production of biomass, nutraceuticals, pharmaceuticals, etc.
He is the Principal Inventor of the patented algae photobioreactor series -- the Accordion photobioreactors -- and is the creator of the Minimally Structured, Modular and Prefabricated Vertical Farm design that is considered an archetypal design for Vertical Farming 2.0. Prof. Cuello conducted his postdoctoral research in the Controlled Ecological Life Support System Division at NASA John F. Kennedy Space Center in Cape Canaveral, Florida as a U.S. National Research Council Postdoctoral Research Associate.
He earned his Ph.D. in Agricultural & Biological Engineering, with Minor in Chemical Engineering, from The Pennsylvania State University in 1994. He also earned two M.S. degrees (Agricultural & Biological Engineering; Plant Physiology) from The Pennsylvania State University. He obtained his B.S. in Agricultural Engineering (cum laude) from the University of the Philippines at Los Banos.
He is a lifetime Visiting Professor at Zhejiang University in Hangzhou, China, a Faculty Fellow at the Innovation Center of the Ateneo de Manila University in the Philippines, and a Visiting Professor at De La Salle University in Manila, Philippines.
LANGUAGE:
English
RECOMMENDED FOR:
Alumni
Faculty and staff
PG students
UG students
MORE INFORMATION:
Meeting Link : Here
ORGANIZER:
Division of Environment and Sustainability
Interdisciplinary Programs Office
Division of Public Policy
CONTACT: egchristine@ust.hk
Tags: BUSINESS & MANAGEMENT ENGINEERING SCIENCE & TECHNOLOGY ENVIRONMENT & SUSTAINABILITY