AgriFORCE Granted Chinese Patent for Developmental Automated Growing Systems
20 Août 2024 - 2:30PM
AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI;
AGRIW), an intellectual property (IP) focused AgTech company,
announces the granting of Patent #CN 202080073940.7 titled,
“Automated Growing Systems” by the China National Intellectual
Property Administration. The patent follows the grant of the
corresponding U.S. patent announced in June 2024 and adds to the
Company’s global intellectual property portfolio connected to
agriculture and agribusiness.
Company CEO, Jolie Kahn, stated, “The fully enclosed nature
of our patented trussed greenhouses enables us to create
microclimates in climates that may not be conducive to certain
plant growth. When combined with our proprietary automated growing
system we believe the potential for agricultural innovation – as
well as innovation beyond the agricultural space – will help
drive long-term shareholder value for all our stakeholders.”
The patent covers a channel assembly for growing a plurality of
plants utilizing specialized troughs, conveyor belt, cranes and
lights. The overall greenhouse design removes walkways and instead
utilizes conveyors and robotics to maximize space usage and thus
increases crop production per overall square foot. The system,
using a conveyor, transports the seedlings from one end (point A)
of the greenhouse to the other end (point B) for harvest inside the
Company’s patented fully enclosed trussed greenhouse structure.
Additionally, there are robotics above the plants capable of moving
plants from one trough to the next or remove and dispose of the
plants all together. A potential component of this automation would
be to supplement the design with cameras to allow for AI
identification and harvesting of plants that are ill, slowly
growing, or not commercially viable.
The intention of this design is to significantly reduce labor in
farming while limiting the electricity usage by utilizing the sun,
led lights and heat exchangers to maintain a constant environment.
Each component of the automation may be used independently of each
other, depending on the circumstances. The greenhouse is
designed for certain crops, including but not limited to berries,
leafy greens, tomatoes, herbs, ornamental plants and starter
plants.
ABOUT AGRIFORCEAgriFORCE Growing Systems Ltd.
(NASDAQ: AGRI; AGRIW) is an AgTech company focused on building an
integrated AgTech platform that combines the best technology,
intellectual property, and knowledge to solve an urgent problem –
providing the best solutions to help drive sustainable crops and
nutritious food for people around the world. The AgriFORCE vision
is to be a global leader in delivering plant-based foods and
products through an advanced and sustainable AgTech platform that
makes positive change in the world—from seed to table. Additional
information about AgriFORCE is available
at: www.agriforcegs.com.
Follow AgriFORCE on Twitter: @agriforcegsFollow AgriFORCE
on Facebook: AgriFORCE Growing Systems Ltd.Connect with
AgriFORCE on LinkedIn: AgriFORCE Growing Systems Ltd.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Statements other than
statements of historical facts included in this press release may
constitute forward-looking statements and are not guarantees of
future performance, condition or results and involve a number of
risks and uncertainties. Actual results may differ materially from
those in the forward-looking statements as a result of a number of
factors, including those described from time to time in our filings
with the Securities and Exchange Commission and elsewhere. The
Company undertakes no duty to update any forward-looking statement
made herein. All forward-looking statements speak only as of the
date of this press release. This announcement is for informational
purposes only and does not constitute an offer to sell or a
solicitation of an offer to buy securities of the issuer. Any offer
to sell or solicitation of an offer to buy securities of the issuer
may only be made pursuant to a valid prospectus pursuant to an
effective registration statement or pursuant to a valid exemption
from registration under the Securities Act of 1933, as amended and
the rules and regulations promulgated thereunder.
Investor Relations:
Richard Wong, CFOrwong@agriforcegs.com
CORE IRinvestorrelations@agriforcegs.com
AgriFORCE Growing Systems (NASDAQ:AGRIW)
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