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AgriFORCE Growing Systems Appoints Dr. Barrett Mooney as its COO, Strengthening Commitment to Technological Innovation in Sustainable Agriculture and Cryptocurrency Mining

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AgriFORCE Growing Systems (NASDAQ: AGRI) has appointed Dr. Barrett Mooney as Chief Operating Officer to strengthen its technological innovation initiatives in sustainable agriculture and cryptocurrency mining. Dr. Mooney, who holds a Ph.D. in Agricultural and Biological Engineering, brings significant expertise from his previous roles, including co-founding HydroBio Inc., which optimized irrigation for over 250,000 acres and managed 1.5 trillion gallons of water globally before being acquired by The Climate

Dr. Mooney's experience includes leading cross-functional teams at The Climate , utilizing AI and satellite imagery for crop yield enhancement. He also served as CEO and Chairman of a NYSE-listed aerospace and defense company. In his new role at AgriFORCE, he will focus on integrating sustainable agricultural practices with energy-intensive operations, particularly at the company's newly acquired cryptocurrency mining and agricultural facility in Alberta, Canada.

AgriFORCE Growing Systems (NASDAQ: AGRI) ha nominato il Dr. Barrett Mooney come Direttore Operativo per rafforzare le sue iniziative di innovazione tecnologica nell'agricoltura sostenibile e nel mining di criptovalute. Il Dr. Mooney, che possiede un dottorato in Ingegneria Agraria e Biologica, porta una significativa esperienza dai suoi ruoli precedenti, inclusa la co-fondazione di HydroBio Inc., che ha ottimizzato l'irrigazione per oltre 250.000 acri e gestito 1,5 trilioni di galloni d'acqua a livello globale prima di essere acquisita da The Climate.

L'esperienza del Dr. Mooney include la guida di team interfunzionali presso The Climate, utilizzando intelligenza artificiale e immagini satellitari per migliorare la resa dei raccolti. Ha anche ricoperto il ruolo di CEO e Presidente di un'azienda aerospaziale e di difesa quotata alla NYSE. Nel suo nuovo ruolo in AgriFORCE, si concentrerà sull'integrazione delle pratiche agricole sostenibili con le operazioni energeticamente intensive, in particolare presso la nuova struttura di mining di criptovalute e agricola acquisita dall'azienda in Alberta, Canada.

AgriFORCE Growing Systems (NASDAQ: AGRI) ha nombrado al Dr. Barrett Mooney como Director de Operaciones para fortalecer sus iniciativas de innovación tecnológica en agricultura sostenible y minería de criptomonedas. El Dr. Mooney, que tiene un doctorado en Ingeniería Agrícola y Biológica, aporta una experiencia significativa de sus roles anteriores, incluida la co-fundación de HydroBio Inc., que optimizó el riego para más de 250,000 acres y gestionó 1.5 billones de galones de agua a nivel mundial antes de ser adquirida por The Climate.

La experiencia del Dr. Mooney incluye liderar equipos interfuncionales en The Climate, utilizando inteligencia artificial e imágenes satelitales para mejorar el rendimiento de los cultivos. También fue CEO y Presidente de una empresa de defensa y aeroespacial que cotiza en la NYSE. En su nuevo rol en AgriFORCE, se centrará en integrar prácticas agrícolas sostenibles con operaciones que requieren alta energía, particularmente en la nueva instalación de minería de criptomonedas y agrícola adquirida por la empresa en Alberta, Canadá.

AgriFORCE Growing Systems (NASDAQ: AGRI)는 지속 가능한 농업과 암호 화폐 채굴 분야의 기술 혁신 프로젝트를 강화하기 위해 Barrett Mooney 박사를 최고 운영 책임자로 임명했습니다. 농업 및 생물학적 엔지니어링 분야에서 박사 학위를 보유한 Mooney 박사는 250,000 에이커 이상의 관개를 최적화하고 전 세계에서 1.5 조 갤런의 물을 관리한 HydroBio Inc.의 공동 설립 등 이전 역할에서 상당한 전문성을 가져왔습니다.

Mooney 박사는 The Climate에서 교차 기능 팀을 이끌며 인공지능과 위성 이미지를 활용하여 작물 수확량 향상에 기여한 경험이 있습니다. 그는 또한 NYSE에 상장된 항공 우주 및 방산 기업의 CEO와 회장으로 재직했습니다. AgriFORCE의 새로운 역할에서 그는 캐나다 앨버타에 새로 인수한 암호 화폐 채굴 및 농업 시설에서 에너지 집약적인 운영과 지속 가능한 농업 관행을 통합하는 데 집중할 것입니다.

AgriFORCE Growing Systems (NASDAQ: AGRI) a nommé le Dr Barrett Mooney au poste de directeur des opérations pour renforcer ses initiatives d'innovation technologique dans l'agriculture durable et le mining de cryptomonnaies. Le Dr Mooney, titulaire d'un doctorat en ingénierie agricole et biologique, apporte une expertise considérable de ses rôles précédents, y compris la co-fondation de HydroBio Inc., qui a optimisé l'irrigation pour plus de 250 000 acres et géré 1,5 billion de gallons d'eau dans le monde avant d'être acquis par The Climate.

Le parcours du Dr Mooney comprend la direction d'équipes interdisciplinaires chez The Climate, utilisant l'intelligence artificielle et les images satellites pour améliorer le rendement des cultures. Il a également été PDG et président d'une entreprise aérospatiale et de défense cotée en bourse. Dans son nouveau rôle chez AgriFORCE, il se concentrera sur l'intégration des pratiques agricoles durables avec des opérations énergivores, en particulier dans la nouvelle installation de mining de cryptomonnaies et agricole récemment acquise par l'entreprise en Alberta, Canada.

AgriFORCE Growing Systems (NASDAQ: AGRI) hat Dr. Barrett Mooney zum Chief Operating Officer ernannt, um seine technologischen Innovationsinitiativen in der nachhaltigen Landwirtschaft und im Krypto-Mining zu stärken. Dr. Mooney, der über einen Doktortitel in Agrar- und Biowissenschaftslehre verfügt, bringt erhebliche Expertise aus früheren Rollen mit, darunter die Mitbegründung von HydroBio Inc., das die Bewässerung von über 250.000 Acres optimierte und weltweit 1,5 Billionen Gallonen Wasser verwaltete, bevor es von The Climate übernommen wurde.

Die Erfahrung von Dr. Mooney umfasst die Leitung funktionsübergreifender Teams bei The Climate, wobei er Künstliche Intelligenz und Satellitenbilder zur Verbesserung der Ernteerträge einsetzte. Er war außerdem CEO und Vorsitzender eines an der NYSE gelisteten Luft- und Raumfahrt- sowie Verteidigungsunternehmens. In seiner neuen Rolle bei AgriFORCE wird er sich auf die Integration nachhaltiger landwirtschaftlicher Praktiken mit energieintensiven Betrieben konzentrieren, insbesondere an der neu erworbenen Anlage für Krypto-Mining und Landwirtschaft des Unternehmens in Alberta, Kanada.

Positive
  • Appointment of highly qualified COO with relevant expertise in agricultural technology and public company leadership
  • Strategic focus on combining cryptocurrency mining with sustainable agriculture operations
  • Expansion into Alberta with new cryptocurrency mining and agricultural facility
Negative
  • None.

Vancouver, Canada, Jan. 21, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), a technology-driven company committed to sustainable innovation, today announced the appointment of Barrett Mooney, Ph.D., as its Chief Operating Officer. Dr. Mooney’s extensive expertise in agriculture technology, sustainability, and strategic business growth positions him as a pivotal figure in AgriFORCE’s mission to integrate cutting-edge solutions into its newly acquired cryptocurrency mining and agricultural facility in Alberta, Canada.

Dr. Barrett Mooney: Pioneering Technological Advancements in Agriculture and Sustainability

Dr. Mooney holds a Ph.D. in Agricultural and Biological Engineering from the University of Florida and brings a wealth of experience in leveraging technology to drive sustainable practices. He co-founded and served as CEO of HydroBio Inc., a software company that utilized satellite-driven image analytics to conserve water and maximize crop yields. Under his leadership, HydroBio optimized irrigation for over 250,000 acres, managing 1.5 trillion gallons of water globally before its acquisition by The Climate Corporation, a subsidiary of Monsanto (later acquired by Bayer). At The Climate Corporation, Dr. Mooney led cross-functional teams that employed artificial intelligence and satellite imagery to enhance crop yields and improve sales efficiency.

Dr. Mooney also served as CEO and Chairman of a NYSE-listed aerospace and defense company, leading it through major acquisitions and its transition to a public entity. His expertise spans advising venture-backed startups, venture capital firms, and agricultural retail companies on technology-driven solutions for sustainability.

A Synergistic Vision for Sustainability and Innovation

Jolie Kahn, AgriFORCE’s CEO, added, “Dr. Mooney’s leadership and technological expertise will be instrumental in scaling our efforts to redefine sustainability. By transforming stranded gas assets and high-energy Bitcoin mining operations into drivers of agricultural and economic growth, AgriFORCE is poised to lead the way in sustainable innovation.”

Dr. Mooney’s Perspective on the Future

Dr. Mooney expressed his enthusiasm, stating, “I am honored to join AgriFORCE at such a pivotal moment. The integration of sustainable agricultural practices with energy-intensive operations like Bitcoin mining presents a transformative opportunity. I look forward to leveraging my experience to help AgriFORCE redefine the future of sustainable innovation.”

About AgriFORCE Growing Systems Ltd.

AgriFORCE Growing Systems Ltd. is dedicated to developing and acquiring innovative technologies and integrated solutions for sustainable agriculture. By combining advanced technology with sustainable practices, AgriFORCE aims to address critical challenges in energy and food production, creating scalable models that benefit communities and the environment.

For media inquiries, please contact:

Richard Wong
CFO
AgriForce Growing Systems Ltd.
1-778-658-0533
rwong@agriforcegs.com
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Forward-Looking Statements: This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. For more information, please refer to AgriFORCE’s filings with the SEC.

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FAQ

What experience does Dr. Barrett Mooney bring to his new COO role at AGRI?

Dr. Mooney brings experience as former CEO of HydroBio Inc., leadership at The Climate , and CEO/Chairman of a NYSE-listed aerospace company, along with a Ph.D. in Agricultural and Biological Engineering from the University of Florida.

How will AGRI combine cryptocurrency mining with agricultural operations?

AGRI plans to transform stranded gas assets and high-energy Bitcoin mining operations into drivers of agricultural and economic growth at their new facility in Alberta, Canada.

What was Dr. Mooney's achievement at HydroBio before its acquisition?

At HydroBio, Dr. Mooney led the optimization of irrigation for over 250,000 acres and managed 1.5 trillion gallons of water globally before the company was acquired by The Climate

Where is AGRI's new cryptocurrency mining and agricultural facility located?

AGRI's new cryptocurrency mining and agricultural facility is located in Alberta, Canada.

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