Aerofarms

The company grows vegetables in vertical farms with no pesticides, little water and LED lighting

The company distributes its products within a 50-mile radius under the Dream Greens brand.

The Company has a main farm of over 21,000 square meters in Newark, New Jersey, which is said to produce over 907,000 kilos of vegetables each year.

july 9, 2019 - Aerofarms sees further and further ahead - Source(french web)

• the vertical farm industry was worth over $2 billion in 2017
• Hydroponics' share of vertical farms could grow by 26% between 2018 and 2024.
• Vertical farms use 95% less water than traditional farms
• They require little land surface and use no pesticides
• They can be located in urban areas
• They require substantial initial investment
• They also involve high energy bills and labor costs.
• Aerofarms raises $100 million in July 2019