Governments and Universities Are Using Vertical Farms to Fight Food Inequity

Rhea-AI Summary

Advanced Container Technologies, Inc. (Ticker: ACTX) announced that vertical farming, particularly using repurposed shipping containers, is gaining traction among governments and universities to combat food insecurity. The USDA emphasizes that vertical farming can provide fresh produce year-round without pesticides, addressing food inequities. Institutions like Texas A&M and Princeton are adopting this method for its efficiency, citing a 90% reduction in water use and a tenfold increase in crop yields compared to traditional farming.

Positive

• Governments and universities promoting vertical farming to combat food insecurity.
• USDA supports vertical farming as a sustainable solution for fresh produce access.
• Vertical farming using shipping containers is efficient: saves 90% water and yields 10 times the crop.

Negative

• None.

CORONA, Calif., Feb. 22, 2022 /PRNewswire/ -- Advanced Container Technologies, Inc. (Ticker: ACTX), said that governments and universities are now promoting vertical farming as a way to combat food insecurity and inequities.

The United States Department of Agriculture (USDA) says vertical farming "is no longer a futuristic concept." The department is very enthusiastic about vertical farming, particularly those utilizing repurposed shipping containers, such as GrowPods. These portable farms can be placed virtually anywhere and can grow crops that are "better than organic."

GrowPods are manufactured by GP Solutions, Inc., and ACTX is their sole U.S. distributor.

"Vertical farming allows growers to grow crops indoors year-round. As a result, consumers can have easier access to fresher produce," according to the agency. "Although vertical farming's high costs can often be discouraging, shipping containers are readily available and relatively inexpensive. Converting them into vertical farming environments not only breathes life back into discarded infrastructure but also puts fresh produce in urban centers," the USDA has stated.

The USDA says vertically farmed crops can be grown without pesticides and are much less likely to be contaminated by pathogens that are harmful to humans, such as E. coli.

The Chicago Tribune states that Illinois Lt. Gov. Juliana Stratton is looking at vertical farms as a way to reduce food insecurity. According to reports, there are enormous inequities in food distribution, with the highest quality produce usually available only to wealthier communities.

"All communities throughout our state deserve to have access," Stratton said.

The future of farming is in a shipping container

Universities are also using vertical farming as a solution to today's food challenges. Texas A&M, Princeton, UC Davis, and Auburn are just a few of the schools that have embraced vertical farming.

"The future of farming is growing in a white shipping container," according to Arizona State University. "Vertical farming saves 90% of the water compared to conventional farming, but yields 10 times the crop," the school reports.

For more information on GrowPods or Advanced Container Technologies, call: (951) 381-2555 or visit: www.advancedcontainertechnologies.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about ACTX' beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and ACTX undertakes no duty to update such information, except as required under applicable law.

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SOURCE Advanced Container Technologies, Inc.

FAQ

What is the significance of vertical farming according to Advanced Container Technologies?

Advanced Container Technologies sees vertical farming as an effective solution to combat food insecurity, supported by enthusiasm from government bodies like the USDA.

How does vertical farming address food inequities?

Vertical farming provides fresh produce access in urban centers, helping to reduce food inequities by making better-quality crops available to all communities.

What benefits do GrowPods offer for vertical farming?

GrowPods allow for year-round crop growth indoors, use less water, and can produce higher yields compared to conventional farming.

Which universities are involved in vertical farming initiatives?

Universities like Texas A&M, Princeton, UC Davis, and Auburn are embracing vertical farming to tackle today's food challenges.