CEA Industries Reports Q3 2024 Amid Strategic Review Process
CEA Industries reported revenue for Q3 2024 was $0.4 million, down from $0.9 million in Q3 2023, reflecting reduced bookings and backlog.
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Explore the latest in Controlled Environment Agriculture news, with updates on advancements in indoor farming, vertical farming, greenhouse technologies, and climate-controlled systems. This section offers insights for CEA professionals, researchers, and investors, covering trends in automation, energy efficiency, crop yield optimization, and sustainable practices that are transforming the future of food production.
CEA Industries reported revenue for Q3 2024 was $0.4 million, down from $0.9 million in Q3 2023, reflecting reduced bookings and backlog.
Agrify Corporation reported revenue of $1.9 million and gross profit of $0.2 million for the third quarter 2024.
Mucci Farms announced the acquisition of Greenhill Produce, a 150-acre greenhouse facility in Kent Bridge, Ontario.
Horticoop has distributed €8 million in dividends to its members, marking its first profit-sharing as an investment cooperative.
Anu™ (Heliponix LLC) awarded a $175,000 Phase I SBIR grant from USDA NIFA for its Pure Produce® Containers.
Edible Garden AG's Q3 2024 financial results: performance in core areas and significant growth in gross profit, despite revenue decline.
Nonprofits in Winnipeg, including Siloam Mission, are using vertical farming systems to address food security.
Signify and the University of British Columbia (UBC) are entering the fourth year of a pepper production trial.
atNorth, a Nordic leader in colocation and high-performance computing, has teamed up with Icelandic AgTech startup Hringvarmi to repurpose excess heat from its ICE03 data center.
Dubai’s Food Tech Valley has marked the start of the GigaFarm project, an initiative led by ReFarm Global and Intelligent Growth Solutions.
Sam Murray, a leader with experience in retail, CPG, e-commerce, manufacturing, and B2B services, joins Brooklyn Grange as CEO.
Village Farms announced the acquisition of the remaining equity ownership interest in Leli Holland, increasing its stake from 85% to 100%.
Hydrofarm Holdings Group, Inc., announced its Q3 2024 results today with net sales decreasing 18.8% & gross profit increasing 19.4%.
Albotherm has been awarded a £500,000 grant from Innovate UK to advance its greenhouse technology for polytunnel applications.
Mastronardi Produce® adds 91 acres of greenhouse capacity in Canada, strengthening its position in the Canadian market.
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