PRESS RELEASE
Newark, NJ
January 18, 2016
AeroFarms, the pioneer and leader of vertical farming, has been recognized for its leadership role in the circular economy movement.
AeroFarms is a finalist for the World Economic Forum (WEF) Ecolab Award for Circular Economy Enterprise. The Circulars recognize individuals and organizations that have made a substantive contribution to upholding the principles of a circular economy – wherein critical natural resources are not threatened. Awards will be presented in a ceremony at the World Economic Forum Annual Meeting in Davos in January 2016.
AeroFarms was the first agriculture company to be selected to be part of the Ellen MacArthur Foundation Circular Economy 100, a global platform bringing together leading companies to accelerate the transition to a circular economy and to have a greater positive environmental impact.
Closed-loop Technology
AeroFarms technology is a closed loop system, recycling the water and nutrients with virtually zero waste. Their patented misting system provides the roots of leafy greens with targeted nutrients, water and oxygen. This aeroponic system uses 95% less water than field farming and 40% less than hydroponics to grow perfect produce faster and more efficiently with zero pesticides.
AeroFarms has also developed a patented, post-consumer recycled reusable cloth medium for seeding, germinating, growing, and harvesting. The only waste from this process is the plant stems and roots that AeroFarms has been able to develop additional applications for, in added-value food products and composting.
- 95% less water than commercial field farming
- 40% less water than hydroponics
- Closed loop system
- Post-consumer recycled, reusable growing medium
- Zero pesticides
Chief Executive Officer David Rosenberg is an active member of the WEF and will be traveling to Davos, Switzerland for The Circulars Celebration at the World Economic Forum annual meeting. Within WEF he is honored as a Young Global Leader, where he Co-Chairs the Circular Economy Taskforce. At WEF he is also a Co-Chair for Technology and Innovation Group of Agriculture and was a Member of the Global Agenda Council on Water Security.
“In the United States, about 70% of our fresh water goes into farming. About 70% of water contamination comes from farming. If you want to address water issues, you have to look at farming. AeroFarms is able to grow the same seed as the big conventional field growers, with 95% less water in almost half the time. ” said Rosenberg.
About AeroFarms
Founded in 2004, AeroFarms® is on a mission to fundamentally transform agriculture by building, owning, and operating indoor, vertical farms that grow flavorful, safe, healthy food in a sustainable and socially responsible way. AeroFarms patented growing systems make year-round harvests with peak flavor possible while disrupting the traditional distribution channels that lead to massive carbon emissions and food waste.
AeroFarms is building a brand new state-of-the-art global corporate headquarters in Newark, NJ, that will be home to the world’s largest vertical farm. In addition to serving the New York Metro area, they have immediate plans for multiple farms in major U.S. cities and on three other continents, spreading truly sustainable agriculture around world.
Tags: Circular Economy, Davos, Press Release, WEF