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AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) is an innovative AgTech company dedicated to transforming modern agricultural practices through cutting-edge technology and proprietary intellectual property (IP). The company leverages its expertise to create sustainable agricultural solutions that optimize crop yields and enhance food safety.
Core Business and Innovations:
AgriFORCE’s primary focus is on developing and utilizing its IP assets to drive improvements in the agricultural industry. This includes its proprietary patent-pending facility design and automated growing systems. Their AgriFORCE Brands division is actively involved in the development and commercialization of plant-based ingredients and products, such as Awakened Flour and Awakened Grains, aimed at delivering more nutritious food.
Recent Achievements and Projects:
AgriFORCE has made significant strides, including the acquisition of a 14% stake in Radical Clean Solutions (RCS). RCS specializes in chemical-free Hydroxyl devices that effectively eliminate pathogens, mold, mildew, and volatile organic compounds (VOCs) in various environments like food production facilities and indoor farms. This partnership enables AgriFORCE to exclusively commercialize these devices, which are crucial for reducing food spoilage and ensuring food safety.
Additionally, AgriFORCE's innovative AgriForce/RCS Hydroxyl Devices were selected as one of the top 20 new innovations at EXPO Guanajuato 2023, the largest AgTech exposition in Latin America. The Hydroxyl technology uses hydroxyls, known as
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) is advancing towards commercializing its Manna Nutritional Group food production IP. The company plans to pilot test its branded flour product, un(Think) Foods, which offers higher fiber and protein content and lower starch than conventional flour. Production facilities are being established in Saskatchewan, Canada, with operations expected in the latter half of 2022. Recent consumer research indicates significant interest in nutritious flour alternatives, particularly among millennials willing to pay a premium for better nutritional value.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) has been invited to present at The MicroCap Rodeo’s 2nd Annual Winter Wonderland Best Ideas Conference, taking place virtually from February 8 to 11, 2022. Management’s presentation is scheduled for February 8 at 3:30 PM ET. Investors can access the webcast at the company's website. The conference will feature 25-minute presentations and one-on-one meetings for qualified institutional investors. AgriFORCE focuses on advancing sustainable agriculture through innovative technologies, targeting North America, Europe, and Asia.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has appointed Denise Sabet as the new Director of Marketing & Communications. With extensive international experience in brand consulting, Sabet aims to enhance the company's marketing strategies as it seeks global expansion. Her previous work includes collaborations with major brands such as Pepsico and Unilever. AgriFORCE focuses on sustainable cultivation and AgTech innovation, targeting markets in North America, Europe, and Asia. This leadership change is expected to strengthen the company’s brand portfolio and drive growth.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has announced the completion of its due diligence for a planned acquisition of a leading European AgTech consultancy. This consultancy, which reported over US$26 million in annual revenues and US$3 million in EBITDA in 2020, focuses on agricultural optimization and innovation. The acquisition is expected to enhance AgriFORCE's capabilities in controlled-environment agriculture. The company aims to finalize the acquisition agreement by the end of January 2022.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has signed a contract with Humboldt Bliss, Ltd. to deploy its AgriFORCE Grow House in Barbados. This agreement is expected to generate over $12 million in annual EBITDA based on current contracts, contributing to potentially $190 million over 15 years. The contract includes a $5 million performance bond. CEO Ingo Mueller emphasizes the opportunity to showcase their intellectual property and support sustainable agriculture in the Caribbean.
AgriFORCE Growing Systems Ltd. (Nasdaq: AGRI) announced CEO Ingo Mueller's participation in two virtual investor conferences on December 2, 2021. He will present at the Canaccord Genuity 2nd Annual AgriFood Tech Innovations Forum at 9:00 A.M. ET and at the Benzinga All Access event at 10:20 A.M. ET. Attendees can access the webcasts for both events online. AgriFORCE is focused on innovative agriculture technologies aimed at sustainability and optimizing crop yields while minimizing resource use.
AgriFORCE Growing Systems Ltd. (Nasdaq: AGRI) announced that CEO Ingo Mueller will participate in the Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event from November 16-18, 2021. He will join Mauro Pennella, President of AgriFORCE Brands, for one-on-one meetings with qualified investors during the event. The company focuses on innovative agricultural technology aimed at sustainable cultivation and processing of crops, emphasizing efficient use of resources and eliminating harmful substances. More information can be found at www.agriforcegs.com.
AgriFORCE Growing Systems (NASDAQ: AGRI; AGRIW) announced a binding letter of intent to acquire a leading European AgTech consultancy with over 200 employees and 2020 revenues exceeding US$26 million. The acquisition, valued at approximately US$29 million, aims to enhance AgriFORCE's operations in controlled environment agriculture (CEA). With plans for a North American R&D center and expansion into Asian markets, the deal positions AgriFORCE to leverage the consultancy's expertise for accelerated growth. Due diligence is expected to conclude within 45 days.
AgriFORCE Growing Systems Ltd. (Nasdaq: AGRI) announced CEO Ingo Mueller will participate in two virtual investor conferences: the Alliance Bernstein Digestible Disruption Conference on October 12 at 11:00 a.m. EDT and the Maxim Group Global AgTech Virtual Conference on October 14 at 12:00 p.m. EDT. AgriFORCE focuses on sustainable agriculture through innovative technologies, aiming to revolutionize plant cultivation and processing. Their proprietary AgriFORCE Grow House optimizes crop yields while reducing resource use, promoting a clean and sustainable future.
AgriFORCE Growing Systems Ltd. (Nasdaq: AGRI) has announced a definitive agreement to acquire patent-pending intellectual property from Manna Nutritional Group LLC (MNG). The technology focuses on the natural processing of grains, pulses, and root vegetables into high-protein, high-fiber, and low-starch products. Independent testing shows MNG's baking flour offers 45 times more fiber and three times more protein than conventional flour. This acquisition aims to expand AgriFORCE's health-conscious food product portfolio, targeting a growing consumer demand for healthier options.
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