CubicFarms' HydroGreen Expands Partnership with BoomA Food Group in Australia, Announces Sale of Two DGS 66 Units for Research & Development
CubicFarm Systems Corp. (CUBXF) has expanded its partnership with BoomA Food Group in Australia through an extended exclusivity agreement. The company announced the sale of two DGS 66 Units for deployment in New South Wales, establishing a Proof of Concept and research program.
HydroGreen's automated feed systems offer significant advantages, using up to 95% less water than traditional field irrigation methods. This technology is particularly relevant for Australia's livestock sector, which manages approximately 28.8 million head of cattle as of 2023.
The system automates the entire feed production process, including seeding, watering, lighting, harvesting, and re-seeding, providing consistent, nutrient-dense feed while reducing labor requirements. This partnership aims to strengthen Australia's position in premium beef and dairy exports, particularly for Asian markets, while promoting sustainable agricultural practices.
CubicFarm Systems Corp. (CUBXF) ha ampliato la sua partnership con BoomA Food Group in Australia attraverso un accordo di esclusività prolungato. L'azienda ha annunciato la vendita di due DGS 66 Units per l'implementazione nel New South Wales, stabilendo un Proof of Concept e un programma di ricerca.
I sistemi di alimentazione automatizzati di HydroGreen offrono vantaggi significativi, utilizzando fino al 95% in meno di acqua rispetto ai metodi di irrigazione tradizionali. Questa tecnologia è particolarmente rilevante per il settore zootecnico australiano, che gestisce circa 28,8 milioni di capi di bestiame a partire dal 2023.
Il sistema automatizza l'intero processo di produzione di alimenti, inclusi semina, irrigazione, illuminazione, raccolta e rinseminazione, fornendo alimenti consistenti e ricchi di nutrienti, riducendo al contempo i requisiti di manodopera. Questa partnership mira a rafforzare la posizione dell'Australia nelle esportazioni di carne di manzo e latticini di alta qualità, in particolare per i mercati asiatici, promuovendo pratiche agricole sostenibili.
CubicFarm Systems Corp. (CUBXF) ha ampliado su asociación con BoomA Food Group en Australia a través de un acuerdo de exclusividad extendido. La compañía anunció la venta de dos DGS 66 Units para su implementación en Nueva Gales del Sur, estableciendo una Prueba de Concepto y un programa de investigación.
Los sistemas de alimentación automatizados de HydroGreen ofrecen ventajas significativas, utilizando hasta un 95% menos de agua que los métodos tradicionales de riego de campo. Esta tecnología es particularmente relevante para el sector ganadero de Australia, que gestiona aproximadamente 28,8 millones de cabezas de ganado a partir de 2023.
El sistema automatiza todo el proceso de producción de alimentos, incluyendo siembra, riego, iluminación, cosecha y re-siembra, proporcionando alimentos consistentes y ricos en nutrientes, al mismo tiempo que reduce los requisitos de mano de obra. Esta asociación tiene como objetivo fortalecer la posición de Australia en las exportaciones de carne de res y productos lácteos premium, especialmente para los mercados asiáticos, promoviendo prácticas agrícolas sostenibles.
CubicFarm Systems Corp. (CUBXF)는 호주에서 BoomA Food Group과의 파트너십을 확장하면서 장기 독점 계약을 체결했습니다. 이 회사는 뉴사우스웨일스에 배치할 두 개의 DGS 66 Units 판매를 발표하며, 개념 증명 및 연구 프로그램을 구축했습니다.
HydroGreen의 자동화된 사료 시스템은 전통적인 농경 관개 방법에 비해 95% 적은 물을 사용하는 등 상당한 이점을 제공합니다. 이 기술은 2023년 기준으로 약 2880만 마리의 소를 관리하는 호주의 축산업에 특히 중요합니다.
이 시스템은 파종, 급수, 조명, 수확 및 재파종을 포함한 전체 사료 생산 과정을 자동화하여 일관되고 영양가 높은 사료를 제공하며 노동 요구 사항을 줄입니다. 이 파트너십은 호주가 프리미엄 소고기 및 유제품 수출에서의 입지를 강화하고, 특히 아시아 시장을 겨냥하여 지속 가능한 농업 관행을 촉진하는 것을 목표로 하고 있습니다.
CubicFarm Systems Corp. (CUBXF) a élargi son partenariat avec BoomA Food Group en Australie grâce à un accord d'exclusivité prolongé. L'entreprise a annoncé la vente de deux DGS 66 Units pour déploiement en Nouvelle-Galles du Sud, établissant une preuve de concept et un programme de recherche.
Les systèmes d'alimentation automatisés de HydroGreen offrent des avantages significatifs, utilisant jusqu'à 95% moins d'eau que les méthodes d'irrigation traditionnelles. Cette technologie est particulièrement pertinente pour le secteur du bétail en Australie, qui gère environ 28,8 millions de têtes de bétail en 2023.
Le système automatise l'ensemble du processus de production d'aliments, y compris le semis, l'arrosage, l'éclairage, la récolte et le resemaillage, fournissant des aliments cohérents et riches en nutriments tout en réduisant les besoins en main-d'œuvre. Ce partenariat vise à renforcer la position de l'Australie dans les exportations de viande de bœuf et de produits laitiers haut de gamme, notamment pour les marchés asiatiques, tout en promouvant des pratiques agricoles durables.
CubicFarm Systems Corp. (CUBXF) hat seine Partnerschaft mit BoomA Food Group in Australien durch eine verlängerte Exklusivitätsvereinbarung erweitert. Das Unternehmen gab den Verkauf von zwei DGS 66 Units für den Einsatz in New South Wales bekannt und etablierte ein Proof of Concept sowie ein Forschungsprogramm.
Die automatisierten Fütterungssysteme von HydroGreen bieten erhebliche Vorteile, indem sie bis zu 95% weniger Wasser als traditionelle Feldbewässerungsmethoden verwenden. Diese Technologie ist besonders relevant für den australischen Viehsektor, der im Jahr 2023 etwa 28,8 Millionen Rinder verwaltet.
Das System automatisiert den gesamten Futterproduktionsprozess, einschließlich Aussaat, Bewässerung, Beleuchtung, Ernte und Nachsaat, und liefert konsistentes, nährstoffreiches Futter, während die Arbeitsanforderungen reduziert werden. Diese Partnerschaft zielt darauf ab, die Position Australiens im Premium-Rindfleisch- und Milchprodukteexport, insbesondere auf den asiatischen Märkten, zu stärken und nachhaltige landwirtschaftliche Praktiken zu fördern.
- Sale of two DGS 66 Units to Australian market
- Extended exclusivity agreement with BoomA Food Group
- Access to large market of 28.8M cattle in Australia
- 95% water reduction efficiency compared to traditional methods
- None.
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2025) - CubicFarm® Systems Corp. (TSXV: CUB) (OTC Pink: CUBXF) ("CubicFarms" or the "Company"), a leading agricultural technology innovator, is proud to announce the extension of its exclusivity agreement with BoomA Food Group in Australia. This strategic extension empowers BoomA Food Group to further explore and expand opportunities across Oceania, reinforcing HydroGreen's growing presence in the region. Together, the companies are advancing sustainable, climate-friendly feed solutions that equip livestock producers with cutting-edge technology.
As part of this agreement, HydroGreen is announcing the sale of two DGS 66 Units, marking a significant milestone in its partnership with BoomA Food Group. These units will be deployed in New South Wales to establish a Proof of Concept (POC) and research program, demonstrating the efficiency, scalability, and sustainability of HydroGreen's automated feed systems in real-world conditions. This initiative underscores a shared commitment to innovation and climate-smart agriculture, setting the stage for broader adoption of HydroGreen's transformative technology across the region.
"We are thrilled to strengthen our partnership with BoomA Food Group and extend HydroGreen's reach in Australia," said Michael Kyne, CFO of HydroGreen Inc. "Our global network of partners plays a vital role in advancing HydroGreen's sprouted grain technology as a scalable, sustainable, and economically viable solution for livestock feed. By continuing to grow our presence, we are not only improving efficiencies in the industry but also contributing to a more resilient and sustainable food system."
Revolutionizing Sustainable Livestock Feed Production
HydroGreen's innovative, fully automated systems streamline every step of the feed production process-including seeding, watering, lighting, harvesting, and re-seeding-ensuring a consistent, nutrient-dense feed supply while significantly reducing labour demands. This state-of-the-art technology provides a scalable, eco-friendly alternative to traditional forage, making it a game-changer for large-scale livestock operations looking to optimize efficiency and minimize environmental impact.
By partnering with forward-thinking organizations like BoomA Food Group, HydroGreen is accelerating innovation and driving sustainable transformation in livestock agriculture-particularly in water-scarce regions where efficient farming practices are critical.
A Sustainable Solution for Australia's Cattle Industry
With approximately 28.8 million head of cattle as of 2023, Australia represents a key market for HydroGreen's innovative feed solutions. Given the ongoing challenges of water scarcity in Australian agriculture, the demand for resource-efficient, sustainable farming technologies has never been greater.
HydroGreen's systems use up to
Strengthening Australia's Competitive Edge in Beef & Dairy Exports
As a leading global supplier of premium beef and dairy products, Australia benefits from its strategic proximity to high-demand Asian markets. With growing consumer expectations for sustainably produced, high-quality livestock feed, HydroGreen's technology provides Australian producers with a competitive advantage.
By adopting HydroGreen's sprouted grain technology, livestock producers can ensure a consistent, high-quality feed supply, bolstering their ability to meet export demands for grass-fed beef and dairy products. This forward-thinking approach strengthens Australia's position in the global marketplace while reinforcing its commitment to environmental sustainability.
By integrating HydroGreen's advanced feed systems, Australian livestock producers can drive efficiency, enhance sustainability, and future-proof their operations in a rapidly evolving industry.
For more information please contact:
Michael B. Kyne, CFA
Chief Financial Officer & Chief Investment Officer
CubicFarm Systems Corp. and HydroGreen Inc.
Phone: 236-305-6091
Email: Michael.Kyne@cubicFarms.com
For media inquiries, contact info@cubicfarms.com
For investor inquiries, contact investors@cubicfarms.com
To reach HydroGreen's Producer Education Team, contact HGInfo@hydrogreenglobal.com
Forward looking and other cautionary statements
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including, without limitation, statements with respect to: the estimated harvesting capabilities of the machines, nutritional benefits of feed produced by the machines and quality of the feed in general. Such statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such statements can be identified by the use of words such as "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict", and other similar terminology, or state that certain actions, events, or results "may", "can", "could", "would", "might", or "will" be taken, occur, or be achieved.
These statements reflect the Company's current expectations regarding future events, performance, and results and speak only as of the date of this news release. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company's expectations regarding future events, performance, or results change.
About HydroGreen
HydroGreen produces Automated Vertical Pastures™, a type of smart farming equipment that uses a unique process to sprout grains such as wheat and barley, in a controlled growing environment to efficiently produce a high-performance feed ingredient for livestock 365 days a year. HydroGreen's equipment is simple and easy to operate and performs all growing functions automatically, including seeding, watering, lighting, harvesting, and re-seeding, which allows livestock businesses to feed consistent nutrition every day with minimal labour. When balanced correctly in the ration, HydroGreen sprouted grain modifies animal digestion which enhances productivity and reduces the amount of enteric methane emitted in ruminant livestock. The result also enables environmental benefits to the farm while helping to meet increasing demand for valuable farm-based inset and offset carbon credits. For more information, please visit www.hydrogreenglobal.com.
About CubicFarms
CubicFarms is a leading local chain agricultural technology company developing and deploying technology to feed a changing world. Its proprietary ag-tech solutions enable growers to produce high quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology, a subsidiary of CubicFarm Systems Corp. The CubicFarms™ system contains patented technology for growing leafy greens and other crops on-site, indoors, all year round. CubicFarms provides an efficient, localized food supply solution that benefits our people, planet, and economy. For more information, please visit www.cubicfarms.com.
TSX Venture Exchange Disclaimer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242300
FAQ
What is the water reduction achieved by HydroGreen's DGS 66 Units compared to traditional irrigation?
How many DGS 66 Units did CUBXF sell to BoomA Food Group in Australia?
What is the current size of Australia's cattle industry that CUBXF is targeting?
What automated processes are included in CUBXF's HydroGreen feed production system?
