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AeroFarms plans further expansion in the Middle East
In an effort to meet growing demand for its sustainably grown leafy greens, the Newark-based indoor agriculture company plans to open a new vertical farm in Qatar.
AeroFarms expanding into Whole Foods Market stores nationwide
The launch will bring the Newark-based vertical farm's greens to locations outside of the grocer's Northeast footprint and marks the first time an indoor grower is part of the brand's global planogram.
Vertical farming grows up
New Jersey is a natural incubator for controlled environment agriculture, and growers are taking notice.
RBH Groups sells AeroFarms’ Newark HQ for $21M (updated)
According to the social impact real estate development company, the sale marks the successful transformation of a 3-acre former brownfields site and industrial manufacturing facility into a green manufacturing center that has created hundreds of jobs.
AeroFarms, Spring Valley mutually terminate merger agreement
In March, investors committed $125 million to a private investment in public equity in support of the transaction. At that time, the companies said the deal would provide approximately $317 million unrestricted cash to the vertical farmer to fund future development. But in August, the companies announced the deal needed more cash to move forward.
AeroFarms expands distribution to 350+ Stop & Shop locations
New Jersey, New York, Connecticut, Massachusetts, and Rhode Island stores will now receive the Newark-based vertical farmer's high-quality produce all year round.
AeroFarms gets into the beer biz with Goose Island collaboration
Hail Hydro is the latest session IPA from the brewer, made with hydroponic hops grown indoors by the vertical farmer's global headquarters in Newark.
AeroFarms-Spring Valley merger needs more cash to go forward
The companies are pursuing additional capital sources that must be agreeable to both parties with a goal to close the deal - if they agree - by Sept. 24, just over three weeks away.
AeroFarms, Cargill team for first-of-its-kind cocoa production-focused research
Together, the organizations will experiment with different indoor growing technologies including aeroponics and hydroponics, light, carbon dioxide, irrigation, nutrition, plant space and pruning to identify the optimal conditions for tree growth.
AeroFarms to expand west with new farm in St. Louis region
The move will see the development of the indoor agriculture purveyor's largest outpost as part of a project with World Wildlife Fund and the St. Louis Controlled Environment Agriculture Coalition, and to meet consumer and retailer demand in the region.
AeroFarms, Nokia Bell Labs unveil multi-year partnership
The parties began working together last year and, per an announcement, are now ready to scale their system of identifying and tracking plant interactions to the Newark-based company's crop portfolio, and all future indoor vertical farms.
