CubicFarms' HydroGreen Launches First Feed-as-a-Service (FaaS) Facility in Partnership with Plainview Beef in Kansas
CubicFarm Systems Corp. (CUBXF) has announced the successful launch of its first Feed-as-a-Service (FaaS) facility in Wakeeney, Kansas, through its subsidiary HydroGreen Inc. The facility, developed in partnership with Plainview Beef , began operations in November 2024, following plans announced in April 2024.
The Phase 1 facility produces fresh sprouted feed rich in Omega 3, Omega 6, natural sugars, and enzymes for beef cattle. Following successful three-month feed trials, Plainview Beef has committed to Phase 2 expansion, planning to add 5 GLS 808 modules in 2025.
This milestone establishes a recurring revenue model for HydroGreen through direct feed sales to livestock operations. The partnership, which has been in development for 18 months, aims to provide healthier grass-fed beef options to American consumers while improving bovine health and meat quality.
CubicFarm Systems Corp. (CUBXF) ha annunciato il successo del lancio della sua prima struttura di Feed-as-a-Service (FaaS) a Wakeeney, Kansas, attraverso la sua controllata HydroGreen Inc. La struttura, sviluppata in collaborazione con Plainview Beef, ha avviato le operazioni a novembre 2024, seguendo i piani annunciati ad aprile 2024.
La struttura della Fase 1 produce mangimi freschi germogliati ricchi di Omega 3, Omega 6, zuccheri naturali ed enzimi per il bestiame bovino. Dopo tre mesi di prove di mangime di successo, Plainview Beef si è impegnata ad ampliare la Fase 2, pianificando di aggiungere 5 moduli GLS 808 nel 2025.
Questo traguardo stabilisce un modello di ricavi ricorrenti per HydroGreen attraverso la vendita diretta di mangimi alle aziende zootecniche. La partnership, che è stata sviluppata per 18 mesi, mira a fornire opzioni di carne bovina nutrita con erba più salutari ai consumatori americani, migliorando al contempo la salute bovina e la qualità della carne.
CubicFarm Systems Corp. (CUBXF) ha anunciado el exitoso lanzamiento de su primera instalación de Feed-as-a-Service (FaaS) en Wakeeney, Kansas, a través de su subsidiaria HydroGreen Inc. La instalación, desarrollada en colaboración con Plainview Beef, comenzó a operar en noviembre de 2024, siguiendo los planes anunciados en abril de 2024.
La instalación de la Fase 1 produce forraje fresco germinado rico en Omega 3, Omega 6, azúcares naturales y enzimas para ganado bovino. Tras tres meses de pruebas exitosas de forraje, Plainview Beef se ha comprometido con la expansión de la Fase 2, planeando agregar 5 módulos GLS 808 en 2025.
Este hito establece un modelo de ingresos recurrentes para HydroGreen a través de la venta directa de forraje a las operaciones ganaderas. La asociación, que se ha estado desarrollando durante 18 meses, tiene como objetivo proporcionar opciones de carne de res alimentada con pasto más saludables a los consumidores estadounidenses, mejorando al mismo tiempo la salud bovina y la calidad de la carne.
CubicFarm Systems Corp. (CUBXF)는 자회사 HydroGreen Inc.를 통해 캔자스주 웨이크니에서 첫 번째 Feed-as-a-Service (FaaS) 시설을 성공적으로 출시했다고 발표했습니다. Plainview Beef와의 협력으로 개발된 이 시설은 2024년 11월에 운영을 시작했으며, 2024년 4월에 발표된 계획을 따릅니다.
1단계 시설은 소 사육을 위한 오메가 3, 오메가 6, 자연 당 및 효소가 풍부한 신선한 발아 먹이를 생산합니다. 3개월 동안의 성공적인 먹이 시험 후, Plainview Beef는 2025년에 5개의 GLS 808 모듈을 추가하기로 약속했습니다.
이 이정표는 HydroGreen이 가축 운영에 직접 먹이를 판매함으로써 반복적인 수익 모델을 확립합니다. 18개월 동안 개발된 이 파트너십은 미국 소비자에게 더 건강한 풀밭에서 사육된 소고기 선택권을 제공하고 동시에 소의 건강과 고기 품질을 향상하는 것을 목표로 합니다.
CubicFarm Systems Corp. (CUBXF) a annoncé le lancement réussi de sa première installation de Feed-as-a-Service (FaaS) à Wakeeney, Kansas, via sa filiale HydroGreen Inc. L'installation, développée en partenariat avec Plainview Beef, a commencé à fonctionner en novembre 2024, suite aux plans annoncés en avril 2024.
La structure de la phase 1 produit des aliments frais germés riches en Oméga 3, Oméga 6, sucres naturels et enzymes pour le bétail. Après trois mois d'essais alimentaires réussis, Plainview Beef s'est engagé à une expansion de la phase 2, prévoyant d'ajouter 5 modules GLS 808 en 2025.
Ce jalon établit un modèle de revenus récurrents pour HydroGreen grâce à la vente directe d'aliments aux exploitations agricoles. Le partenariat, qui a été développé pendant 18 mois, vise à fournir des options de viande de bœuf nourri à l'herbe plus saines aux consommateurs américains tout en améliorant la santé des bovins et la qualité de la viande.
CubicFarm Systems Corp. (CUBXF) hat den erfolgreichen Start seiner ersten Feed-as-a-Service (FaaS) Anlage in Wakeeney, Kansas, über seine Tochtergesellschaft HydroGreen Inc. bekannt gegeben. Die Anlage, die in Zusammenarbeit mit Plainview Beef entwickelt wurde, nahm im November 2024 den Betrieb auf, gemäß den im April 2024 angekündigten Plänen.
Die Anlage der Phase 1 produziert frisches, gekeimtes Futter, das reich an Omega 3, Omega 6, natürlichen Zuckern und Enzymen für Rindvieh ist. Nach erfolgreichen drei Monaten mit Futterversuchen hat sich Plainview Beef zur Phase 2 Expansion verpflichtet und plant, 2025 fünf GLS 808 Module hinzuzufügen.
Dieser Meilenstein etabliert ein wiederkehrendes Einnahmenmodell für HydroGreen durch den direkten Futterverkauf an landwirtschaftliche Betriebe. Die Partnerschaft, die 18 Monate lang entwickelt wurde, zielt darauf ab, den amerikanischen Verbrauchern gesündere, grasgefütterte Rindfleischoptionen anzubieten und gleichzeitig die Gesundheit der Rinder und die Fleischqualität zu verbessern.
- Successful launch of first commercial Feed-as-a-Service facility
- Secured commitment for Phase 2 expansion with 5 additional GLS 808 modules
- Established recurring revenue model through direct feed sales
- Successfully completed initial feed trials with partner Plainview Beef
- None.
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2025) - CubicFarm® Systems Corp. (TSXV: CUB) (OTC Pink: CUBXF) ("CubicFarms" or the "Company"), a leading agricultural technology company, is pleased to announce the successful startup of first-phase operations at its Wakeeney, Kansas Feed Centre through its US subsidiary, HydroGreen Inc. Developed in exclusive partnership with Plainview Beef Corporation of Jenks, Oklahoma, the feed centre began providing feed in November 2024 and marks HydroGreen's first fully operational Feed-as-a-Service ("FaaS") facility.
This milestone represents the realization of plans previously announced on April 2, 2024, when HydroGreen signed its inaugural FaaS partnership with Plainview Beef. Since then, both companies have worked closely to bring this vision to life, advancing from initial feed trials to a fully operational commercial-scale feed centre.
"We are proud of the collaboration with Plainview Beef over the last 18 months to bring this first project to life and look forward to the future journey together to bring world class American grass-fed beef product to market providing a differentiated healthier option to American consumers. The fresh sprouted feed is highly nutritious, full of Omega 3, Omega 6, natural sugars, and enzymes providing a natural healthy component to beef cattle that improves bovine health and quality of meat that is desired by consumers worldwide. We are furthermore incredibly excited to be submitting expansion plans of the identified site and look forward to the start up of Phase 2 in 2025," said John de Jonge, Interim CEO of CubicFarm Systems Corp.
Phase 1 of the Feed Centre commenced daily feed production in November, allowing Plainview Beef to begin its grass-fed feed trials for the three-month finishing cycle of the selected beef herd. Following a review of the feed trials, Gabe Orr, CEO of Plainview Beef, stated, "We are pleased with the progress we have made developing a feeding program in partnership with HydroGreen, enhancing our ability to deliver fresh, healthy feed to our animals."
As a result of the beef feed trials, Plainview Beef has informed HydroGreen of its decision to move forward with Phase 2 of the project. "We believe the HydroGreen sprout-growing facility will be a key component of our operation, and we will look to begin rapid expansion, starting with the first 5 GLS 808 modules in 2025," added Orr.
"This milestone marks the first step in HydroGreen's long-term partnership with Plainview Beef, providing highly nutritious sprouted grains to large-scale livestock operations. By bringing feed sales directly to customers, we are creating a recurring revenue model for the company. This partnership has been nearly 18 months in the making, and we look forward to collaborating on the Wakeeney, Kansas project and future feed centre locations across the American heartland," said Michael Kyne, CFO of HydroGreen Inc.
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.
About Plainview Beef Company
Plainview Beef Company is a Jenks, Oklahoma-based 4th generation family run beef ranching business. Plainview Beef is emerging as a leader in the grass-fed beef business backed by 100+ years in the cattle ranching business in the American beef Industry heartland. Plainview takes pride in their long tradition in beef ranching and history of innovation, as they move forward, they are determined to embrace consumer change and respond by raising the healthiest beef cattle possible. Their long history of Industry expertise coupled with their beef industry partners places Plainview Beef at the forefront of the grass-fed beef market which they see as a corner stone of their future and a
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240011
FAQ
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