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Country: United States

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