- AeroFarms is transforming how we feed the planet through their vertical farming and innovative growth methods.
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- 2021 is turning out to be quite the year for Newark, New Jersey-based vertical farming pioneer AeroFarms. The biggest news is that the company is going public.
- Amidst this, AeroFarms has taken a vital initiative in this direction, encouraging fast-paced growth of the agtech industry and the manifold developments in innovation.
- AeroFarms was founded in 2004 and is based in Newark, New Jersey. It is a recipient of the Fast Company's Most Innovative Companies for 2018 and 2019.
- AeroFarms engages in indoor vertical farming and aeroponic technology within the sustainable agriculture sector.
- The founders of AeroFarms say its technology, which includes a technique for indoor farming that uses 95% less water than field farming, can help.
- aerofarms vertical farm sprouts Aerofarms’ stackable vertical farm uses mist to grow crops in areas where land is non-arable, like in the United Arab Emirates.
- AeroFarms says its approach to farming is 75 times more productive per square foot annually than a traditional field farm and uses over 95 percent less water.
- This move has accelerated AeroFarms towards profitability, with the Danville Farm showing consistent revenue growth since its opening in September 2022.