GrowPods from ACTX Can Help Reduce Food Shortages Caused By War in Ukraine

Rhea-AI Summary

Advanced Container Technologies (ACTX) announced that its GrowPods can address global food shortages exacerbated by the Ukraine war. These modular hydroponic greenhouses can be deployed rapidly and can produce food efficiently, using 95% less water while yielding 50% more than traditional farming. CEO Doug Heldoorn emphasized their potential for quick setup and operation by non-experts, making them ideal for relief organizations. This innovation aims not just to expand market share but also to alleviate humanitarian crises related to food insecurity.

Positive

• GrowPods can be deployed almost anywhere, facilitating rapid food production.
• Reduce water usage by up to 95% and increase yield by 50% compared to traditional methods.
• Automated farming systems reduce labor needs, making food production more efficient.

Negative

• None.

Modular hydroponic greenhouses can be deployed almost anywhere in the world and can help feed local populations

CORONA, Calif., May 3, 2022 /PRNewswire/ -- Advanced Container Technologies, Inc (Ticker: ACTX), announced that GrowPods – innovative modular hydroponic greenhouses – can help alleviate some of the food shortages caused by the war in Ukraine.

According to the CBS News program 60 Minutes,  "Ukraine is the breadbasket of the world. They grow enough food to feed 400 million people." And now that's gone.

David Beasley, executive director of the U.N.'s World Food Programme, said half the wheat the WFP needs is stuck in Ukraine because the port in Odessa is closed.

"It's already creating havoc for the poorest of the poor around the world," Beasley told 60 Minutes. "But this is going to affect not just the poorest of the poor," he added. "It's going to affect everybody."

Doug Heldoorn, CEO of Advanced Container Technologies, said that GrowPods can be set up almost anywhere, and in a matter of days, even inexperienced people can start growing healthy food.

"GrowPods are complete growing systems so farming can get started quickly. Every farm-related task — from seeding to harvesting — is handled within the system," Heldoorn said. "These systems are perfect for relief organizations."

GrowPods are powered by automation software, which makes farming much less labor-intensive than any other growing techniques. The system controls the environment, nutrition and hydration levels; and enables farmers to remotely monitor the conditions.

According to CBS News, automated farms like GrowPods "can use up to 95% less water and yield 50% more produce than traditional farming," so they are not only efficient, but they are also an excellent solution for areas impacted by conflict or weather.

The New York Times reported that Russia's invasion of Ukraine has unleashed a new wave of protectionism as governments, desperate to secure food for their citizens, erect new barriers to stop exports at their borders. This has created worldwide shortages.

In a speech last week, Treasury Secretary Janet Yellen said the pandemic and the war had revealed that American supply chains, "were neither secure nor resilient."

"We urge policymakers, NGOs and Non-Profit Organizations to consider deploying GrowPods or equivalent systems around the world in areas where food is desperately needed," Heldoorn said. "This is not about selling more automated farms, it's about solving a worldwide crisis and feeding people in desperate need."

For more information on GrowPods or Advanced Container Technologies, call: (951) 381-2555 or visit: www.advancedcontainertechnologies.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about ACTX' beliefs and expectations. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and ACTX undertakes no duty to update such information, except as required under applicable law.

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SOURCE Advanced Container Technologies, Inc.

FAQ

How can ACTX's GrowPods help with food shortages?

ACTX's GrowPods can be quickly deployed to grow food in areas affected by shortages, using less water and offering higher yields.

What is the significance of GrowPods in the context of the Ukraine war?

The war in Ukraine has disrupted global food supplies, and GrowPods provide a solution to produce food in affected regions.

How do GrowPods differ from traditional farming methods?

GrowPods utilize automation and hydroponics to reduce water usage and increase food yield significantly.

What did ACTX's CEO say about the deployment of GrowPods?

Doug Heldoorn stated that GrowPods can be set up quickly, allowing even inexperienced users to start farming healthy food.

What role do GrowPods play for relief organizations?

GrowPods are designed for easy deployment and operation, making them ideal for humanitarian relief efforts in food crises.