TrustBIX Inc. Announces a $5 Million Purchase Order for Indoor Farming Technology
TrustBIX Inc. (TSXV: TBIX) has announced a significant development in its indoor farming technology business. The company's subsidiary, Alberta Food Security Inc. (AFSI), has received a $5 million purchase order from an arm's length customer to construct multiple indoor vertical farms in Ontario, Canada.
Key details of the order include:
- 50% deposit required before delivery
- Remaining balance due within 30 days of delivery
- Expected gross margin of approximately 15%
- Annual fee of about 5% of the purchase price for AI-powered automation and monitoring services
This order follows initial orders announced in April 2024 and demonstrates the growing demand for TrustBIX's technologies in addressing food security and promoting sustainable agriculture.
TrustBIX Inc. (TSXV: TBIX) ha annunciato uno sviluppo significativo nella sua attività di tecnologia per l'agricoltura indoor. La controllata dell'azienda, Alberta Food Security Inc. (AFSI), ha ricevuto un ordine d'acquisto di 5 milioni di dollari da un cliente esterno per costruire più fattorie verticali indoor in Ontario, Canada.
I dettagli chiave dell'ordine includono:
- Deposito del 50% richiesto prima della consegna
- Saldo rimanente dovuto entro 30 giorni dalla consegna
- Margine lordo previsto di circa il 15%
- Commissione annuale di circa il 5% del prezzo d'acquisto per servizi di automazione e monitoraggio basati su AI
Questo ordine segue ordini iniziali annunciati ad aprile 2024 e dimostra la crescente richiesta delle tecnologie di TrustBIX per affrontare la sicurezza alimentare e promuovere un'agricoltura sostenibile.
TrustBIX Inc. (TSXV: TBIX) ha anunciado un desarrollo significativo en su negocio de tecnología de agricultura indoor. La subsidiaria de la compañía, Alberta Food Security Inc. (AFSI), ha recibido un pedido de compra de 5 millones de dólares de un cliente independiente para construir múltiples granjas verticales interiores en Ontario, Canadá.
Los detalles clave del pedido incluyen:
- Se requiere un depósito del 50% antes de la entrega
- El saldo restante es debido dentro de los 30 días posteriores a la entrega
- Margen bruto esperado de aproximadamente el 15%
- Cuota anual de aproximadamente el 5% del precio de compra por servicios de automatización y monitoreo impulsados por AI
Este pedido sigue a los pedidos iniciales anunciados en abril de 2024 y demuestra la creciente demanda de las tecnologías de TrustBIX para abordar la seguridad alimentaria y promover la agricultura sostenible.
TrustBIX Inc. (TSXV: TBIX)는 실내 농업 기술 사업에서 중요한 발전을 발표했습니다. 회사의 자회사인 Alberta Food Security Inc. (AFSI)는 캐나다 온타리오에 여러 개의 수직 농장을 건설하기 위해 외부 고객으로부터 500만 달러 구매 주문서를 받았습니다.
주요 주문 세부 정보는 다음과 같습니다:
- 배송 전 50%의 보증금 필요
- 잔여 잔액은 배송 후 30일 이내에 지급해야 함
- 예상 총 마진은 약 15%
- AI 기반 자동화 및 모니터링 서비스에 대해 구매 가격의 약 5%에 해당하는 연간 요금
이 주문은 2024년 4월에 발표된 초기 주문에 뒤따르며 TrustBIX의 기술에 대한 증가하는 수요를 보여줍니다. 이는 식량 안전 문제 해결과 지속 가능한 농업 촉진에 기여하고 있습니다.
TrustBIX Inc. (TSXV: TBIX) a annoncé un développement significatif dans son secteur de la technologie de l'agriculture intérieure. La filiale de l'entreprise, Alberta Food Security Inc. (AFSI), a reçu un ordre d'achat de 5 millions de dollars d'un client indépendant pour construire plusieurs fermes verticales intérieures en Ontario, Canada.
Les détails clés de la commande incluent :
- Dépôt de 50 % requis avant la livraison
- Solde restant dû dans les 30 jours suivant la livraison
- Marque brute attendue d'environ 15%
- Frais annuels d'environ 5 % du prix d'achat pour les services d'automatisation et de surveillance alimentés par l'IA
Cette commande fait suite à des commandes initiales annoncées en avril 2024 et démontre la demande croissante pour les technologies de TrustBIX dans le domaine de la sécurité alimentaire et de l'agriculture durable.
TrustBIX Inc. (TSXV: TBIX) hat eine bedeutende Entwicklung im Bereich seiner Technologie für den Indoor-Anbau angekündigt. Die Tochtergesellschaft des Unternehmens, Alberta Food Security Inc. (AFSI), hat eine Bestellung über 5 Millionen Dollar von einem unabhängigen Kunden erhalten, um mehrere vertikale Indoor-Farmen in Ontario, Kanada, zu bauen.
Wichtige Details der Bestellung umfassen:
- 50% Anzahlung vor Lieferung erforderlich
- Restbetrag innerhalb von 30 Tagen nach Lieferung fällig
- Erwartete Bruttomarge von etwa 15%
- Jahresgebühr von etwa 5% des Kaufpreises für KI-gestützte Automatisierungs- und Überwachungsdienste
Diese Bestellung folgt auf erste Bestellungen, die im April 2024 angekündigt wurden, und zeigt die wachsende Nachfrage nach den Technologien von TrustBIX zur Förderung der Ernährungssicherheit und einer nachhaltigen Landwirtschaft.
- Secured a $5 million purchase order for indoor vertical farming technology
- Expected gross margin of approximately 15% on the order
- Additional annual revenue stream of 5% of purchase price for ongoing services
- Expansion into Ontario market with multiple indoor vertical farms
- Demonstrates growing demand for TrustBIX's sustainable agriculture solutions
- None.
Edmonton, Alberta--(Newsfile Corp. - September 12, 2024) - TrustBIX Inc. (TSXV: TBIX) ("TrustBIX" or the "Company") is pleased to announce that its wholly owned subsidiary, Alberta Food Security Inc. ("AFSI"), received a signed purchase order dated September 11, 2024, for
Pursuant to the purchase order, the Company and the customer will coordinate to establish a delivery schedule. The terms of the agreement require a fifty (
TrustBIX CEO Hubert Lau stated, "This purchase order illustrates our continued progress in the controlled indoor agriculture sector and builds on the momentum from the initial orders announced on April 15, 2024. We believe this substantial purchase order demonstrates the value of our technologies in addressing food security and advancing sustainable agricultural practices."
About TrustBIX (TSXV: TBIX)
TrustBIX is an agricultural technology company providing Gate to Plate® solutions to create a world where we trust more, waste less, and reward sustainable practices. Our award-winning technologies offer practical tools trusted by local and international agri-food organizations.
FOR MORE INFORMATION CONTACT:
Mr. Hubert Lau
President and CEO
Telephone: (780) 456-2207
Email: info@trustbix.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223067
FAQ
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