This week's top stories from 19-25 May
The Future of Food Production
Connecting companies making food production more sustainable, efficient and resilient.
Welcome back!
Firstly, thank you for subscribing last week – an amazing 1,353 of you!
What a whirlwind of a week it has been in indoor ag, where we have had huge investment announcements, the opening of one of the most cutting-edge vertical farms in the world, and agtech innovations potentially going where only a few men (and women) have gone before!
With so many doom-and-gloom stories of late about the state of the sector, we think it's time to focus on some of the feel-good developments for a change! Of which, there 'Plenty'...!
And remember, the stories in this newsletter are here by popular demand - they're the most-read stories on our website and also witnessed the biggest engagement levels on our LinkedIn page. That data has been amalgamated to present the magnificent seven stories below.
So, without further ado, let's dive into what's happening this past week!
The world’s most technologically advanced indoor vertical farm, designed to grow up to 4.5 million pounds of leafy greens annually in a single city block, has opened in Compton, California. “After investing nearly a decade into R&D, Plenty has cracked the code on a scalable platform for indoor farming,” commented Plenty? CEO, Arama Kukutai . “With Plenty’s first commercial farm, we’re proving that our uniquely vertical indoor farms can deliver a reliable, year-round supply of fresh produce with positive unit economics
More is revealed here
To solve the problem of feeding astronauts on long-duration missions, NASA - National Aeronautics and Space Administration started the Deep Space Food Challenge in January 2021, asking companies to propose novel ways to develop sustainable foods for future missions. On 19 May, NASA announced the teams that will progress into the final phase of the contest, with a handful of winners to be announced in April 2024 following more detailed tests of their proposals. Who is on the final launchpad, ready for lift-off?
Find out who the winners are by clicking here
GoodLeaf Farms , one of the largest vertical farming companies in Canada, has announced that it has secured a US$78 million syndicated debt financing from the Canadian Imperial Bank of Commerce ( CIBC ) and FCC / FAC . "We are excited to partner with CIBC, Farm Credit Canada and Export Development Canada as we continue to expand our operations and deepen our leadership position in vertical farming," commented Barry Murchie , CEO at GoodLeaf. "We look forward to working closely with these leading institutions in addressing the challenges faced by Canada's current agricultural system"
Click here to read more info
Revol Greens has debuted what it claims is the world's single-largest CEA lettuce facility ever built, in Temple, Texas. It boasts technologies such as AI tools to monitor and adjust climate control, irrigation, and energy management for maximum output and efficiency 365 days a year. "This is a milestone moment for our team," enthused Michael Wainscott, CPA CITP CGMA , CEO of Revol Greens . "We are on a mission to provide fresh, affordable lettuce to consumers across the country. The addition of the Temple facility opens new markets to Revol Greens allowing for further reduction of food miles typically traveled within the US salad market"
Find out more by clicking here
领英推荐
Factual Market Research has conducted an in-depth analysis of the historical and present growth prospects and trends in the global vertical farming system research industry from 2022 to 2030. According to the report, the valuation of the sector is poised to reach US$25.1 billion by 2030
Read more from the report here
Virginia, USA Governor Glenn Youngkin has signed legislation to expand sales tax exemptions for CEA commercial facilities, according to Sarah Roderick-Fitch, writing in the?Washington Examiner. The new law will promote emerging agriculture cultivation systems, which proponents believe will create a source of sustainable, nutritious food options – aiding worldwide food insecurity
Find out more by clicking here
Revolutionary agricultural technology for a sustainable future
MABEWO Group 's technology shows that sustainable and future-proof food production is possible. With the vertical modular plant, plants can be efficiently grown in a small space, which promotes local food production and reduces transport costs and emissions. J?rg Trübl , Environmental Engineer & Member of the Board of MABEWO, explains more
Read the article here
This 100-page issue is jam-packed with independently authored technical articles focusing on a diverse range of topics from genome editing, pulses and aeroponics to smart farming robotics, regenerative agriculture and alternative proteins
Click here to read the launch issue
The?alternative protein?industry is dynamic, with ever-advancing technologies, decreasing cost curves, changing regulations and increasing consumer adoption. Protein Production Technology International, the world's only technical B2B publication dedicated to scaling up and commercializing alternative proteins, follows these trends, with a quarterly format designed to showcase the many developments in plant-based, fermentation-derived, cellular agriculture and other novel food technologies. You can subscribe free of charge and catch up on the first three editions right now! More than 300 pages' worth!
Click here to subscribe in a few seconds to read more
The above are just a select few of the stories that we have highlighted this week – there are plenty more on www.futurefoodproduction.com?– and they're published daily.
And remember, if you have a story that you would like us to share with the industry, please get in touch with the editor by emailing [email protected].
We look forward to bring you more next time. Here's to a successful week!
The Future of Food Production news team
Smart agriculture, Precision Farming, vertical farming
6 个月Rising to New Heights: Exploring the Growth Trajectory of the Vertical Farming Market Download PDF Brochure @ https://tinyurl.com/khk2j3wp
Visionary Founder Sunrise2Sunset Consulting sr2ss.com | Blogger Strength By The Sea Writers Cabana | Published Writer | Survivor Of Plenty—My SOP
1 年Fantastic and informative!