AeroFarms
From Wikipedia, the free encyclopedia
AeroFarms is a sustainable indoor agriculture company based in Danville, VA[1] and uses a patented aeroponic growing system to grow produce.
 | |
| Industry | Agriculture |
|---|---|
| Founded | 2004 in Finger Lakes, New York, U.S. |
| Headquarters | , U.S. |
Key people | Molly Montgomery (Exec Chair & CEO) |
| Products | Microgreens |
| Website | aerofarms |
History
Summarize
Perspective
AeroFarms began in 2004 in the Finger Lakes area of New York. In 2015, the company relocated its headquarters to Newark, New Jersey. The company was co-founded by CEO David Rosenberg,[2] CMO Marc Oshima, and CSO Edward Harwood.[3]
In 2015, AeroFarms started a growing space in a 30,000 square-foot former paintball and laser tag arena in Newark, New Jersey.[4]
In September 2016, the AeroFarms Global Headquarters opened in a 70,000 square-foot facility in Newark, which is the largest indoor vertical farm in the world based on annual growing capacity.[5] The farm was built in a 75-year-old former steel mill facility and has the capacity to produce up to two million pounds of leafy greens per year.[6]
In 2022, AeroFarms opened a farm in Danville, Virginia, where the company is now headquartered.
On June 8, 2023, AeroFarms filed for Chapter 11 bankruptcy.[7] AeroFarms emerged from its bankruptcy in September 2023 following the court’s approval of its restructuring plan involving major investors such as Grosvenor Food & AgTech and Doha Venture Capital,[8] and stated that it was once again nearing profitability. The company has ceased spending on all of its projects excluding its Danville farm as part of its post-bankruptcy turnaround plan.[9]
Product
AeroFarms uses aeroponic technology in their farms. Unlike hydroponics, aeroponics utilizes a closed loop system to mist the roots of the greens with nutrients, water, and oxygen. The growing cloth medium is made out of BPA-free, post-consumer recycled plastic. The cloth can be fully sanitized after harvest and then reseeded with no risk of contamination. Acting as a barrier between the mist and the plants, the cloth allows for a clean, dry and ready to eat product.[10] LED lights are engineered to have specific spectrum, intensity, and frequency which controls the physical and flavor components of the produce.[11] The controlled indoor environment disrupts the normal cycle of indoor pests. This pest-resistant design does away with the need for pesticides, herbicides and fungicides.[12]
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.