Whether it be drought conditions, inefficiencies drawn from traditional practices or an inability to gain the technical expertise needed to compete in an increasingly complex agricultural industry, today’s farmers need some help to survive. AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI), an agri-focused technology company, is developing systems and solutions to benefit the beleaguered farmer. To further its impact, the company has raised new capital after going public and joining Nasdaq under the symbols AGRI and AGRIW.  

“We’re looking at other vendor companies, particularly out of Europe where agriculture IP has existed in the ’40s and even earlier. There are a lot of companies that have unique inputs or elements of solutions that we believe are valuable in producing the next generation of agricultural solutions,” Mueller said. “Part of it is to have that currency to go out and acquire those sorts of companies and really continue to innovate and improve available solutions.” 

The Company operates in plant-based pharmaceutical, nutraceutical and other high-value crop markets using its unique proprietary facility design and hydroponics-based automated growing system, enabling cultivators to grow crops in its controlled environment effectively. The Company calls its facility and automated growing system the “AgriFORCE grow house.” The goal is to produce crops in virtually any environmental condition and to optimize crop yields while eliminating the need for the use of pesticides and irradiation.

“It is a form of hydroponics, but we have a patent-pending system that really is what we call the fourth wave of growing. It’s a unique facility design that actually even improves the efficiency and sustainability of the hydroponics system so it’s not like a warehouse or indoors and not like a greenhouse,” Mueller explained to Fox Business News. “It’s extremely efficient and we believe that we have the highest yield per square foot of existing technology, and we looked at the deficiencies of legacy systems.”   

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