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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) 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.
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.
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