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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) announced that CEO Ingo Mueller will appear on BNN Bloomberg's 'Commodities' program on September 10, 2021. The discussion will focus on the U.S. food supply chain and the company's innovative indoor growing system designed to enhance sustainable cultivation amid a growing global population. AgriFORCE's technology employs artificial intelligence and natural elements to produce pesticide-free crops in controlled environments, aiming to optimize yields and resource efficiency.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has signed a Memorandum of Understanding (MOU) with Humboldt Bliss, Ltd., focusing on deploying its proprietary AgriFORCE Grow House technology for cultivating high-value medical and agricultural products in the Caribbean. The agreement, anticipated to generate a minimum of 14,300 pounds annually, could yield approximately $24.5 million in gross revenue. The contract will last a minimum of five years and includes a $5 million quarterly performance bond. The definitive agreement aims to be completed within 120 days.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) will have its CEO, Ingo Mueller, present at the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. The presentation will be accessible on-demand for registered attendees starting September 13 at 7:00 AM Eastern Time. The event will include one-on-one meetings with investors, emphasizing AgriFORCE's innovative approach to sustainable agriculture through its proprietary AgriFORCE Grow House technology aimed at optimizing crop yields and minimizing pesticide use.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) announced that CEO Ingo Mueller will appear on Cheddar Innovates on August 19, 2021, at 11:30 a.m. ET. He will discuss critical food supply chain issues in the U.S. and how AgriFORCE’s proprietary indoor growing system addresses these challenges. The company is focused on sustainable agriculture through its innovative AgriFORCE Grow House, designed to optimize crop yields while minimizing pesticide use. AgriFORCE aims to revolutionize plant cultivation for better quality food and other agricultural products.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) announced participation in the Gravitas Titans of Tech Investor Day on August 19, 2021. CEO Ingo Mueller will present virtually at 12:00 PM PT / 3:00 PM ET. The event will connect leaders in growth technology with institutional and retail investors. AgriFORCE specializes in innovative agricultural technology, focusing on high-value crops using its unique hydroponics-based automated growing system, the 'AgriFORCE grow house,' designed to maximize crop yields while minimizing pesticide use.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) has promoted Troy McClellan to President of the AgriFORCE Solutions division. McClellan will focus on commercial development, targeting the integration of AgriFORCE's intellectual property across various markets and overseeing M&A strategies to enhance the Company’s automated growing systems. Previously serving as Vice President of Design and Construction, his experience includes leadership roles in significant design projects. CEO Ingo Mueller praised McClellan's contributions to advancing agricultural technology and solutions addressing food supply challenges.
AgriFORCE Growing Systems has appointed Mauro Pennella as the President of its AgriFORCE Brands division and Chief Marketing Officer. Pennella, a veteran with over 30 years in consumer products, will spearhead the company's brand initiatives across various agriculture sectors such as foods and plant-based products. With a focus on commercial strategy and brand marketing, his experience from McCain Foods and Combe Incorporated positions him as a key asset for AgriFORCE’s growth. Pennella expressed enthusiasm about joining at a pivotal time for the company, promoting sustainable and innovative agricultural solutions.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) announced that CEO Ingo Mueller will appear on The Claman Countdown on Fox Business Network at 3:20 PM ET today. He will address challenges in the global food supply chain and the inefficiencies of traditional farming methods. AgriFORCE focuses on innovative agricultural technology, aiming to deliver sustainable solutions for high-value crops through their proprietary facility design and automation, which meet both EU and USDA standards for quality and safety.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) has appointed Richard Levychin to its board of directors. Levychin, a seasoned accounting and business advisory expert, will serve on key committees, including Executive Compensation and Audit. With over 25 years of experience, he brings expertise in financial oversight and compliance, crucial as AgriFORCE prepares to launch its facilities in the United States. CEO Ingo Mueller anticipates Levychin's contributions will enhance the company's financial reporting standards and support its growth strategy.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) has appointed Amy E. Griffith, senior government affairs executive, to its board of directors. Griffith brings extensive experience from Wells Fargo and TIAA, where she led government relations across multiple states. Her appointment aims to enhance AgriFORCE's engagement with policymakers and advance its innovative agricultural solutions, which focus on high-value crops, pesticide-free production, and sustainable practices. CEO Ingo Mueller emphasized the significance of her expertise during the company's commercialization phase.
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