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AgriFORCE Growing Systems Ltd (AGRI) delivers innovative AgTech solutions through patented greenhouse automation and sustainable growing systems. This news hub provides investors and industry professionals with official updates on the company’s technological advancements, strategic partnerships, and operational milestones.
Access timely press releases covering key developments in automated agriculture, intellectual property acquisitions, and energy-efficient production methods. Our curated collection includes updates on crop optimization systems, facility expansions, and sustainable initiatives like waste heat repurposing for controlled environment agriculture.
Discover verified information about AGRI’s progress in robotic farming technologies, plant-based product commercialization, and cross-industry applications of its hydroxyl generation systems. Content is organized for quick scanning while maintaining technical accuracy, serving both casual observers and detailed-oriented analysts.
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AgriFORCE Growing Systems (NASDAQ: AGRI; AGRIW), an IP-focused AgTech company, has announced a share repurchase program authorized by its Board of Directors.
The program allows the company to buy back up to $1 million worth of common shares over six months, subject to contractual requirements. The Board will review and may extend or increase the program as needed.
Repurchases will be conducted through privately negotiated or open-market transactions, adhering to securities laws and regulations, including Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934. Timing and amount of repurchases will be at the management's discretion, based on market conditions and other factors.
The company is not obligated to repurchase any shares and may suspend or terminate the program at any time.
AgriFORCE Growing Systems has received U.S. Patent #11,997,962 B2 for its 'Automated Growing Systems.' This patent enhances their IP portfolio in agriculture, focusing on indoor growing facilities through the use of conveyor belts and other mechanisms to move production lines of vegetation or flowering plants. The company aims to integrate this technology with their existing innovations to optimize agribusiness operations. Executive Consultant Jolie Kahn emphasized the patent's role in empowering farmers and agribusinesses while building long-term shareholder value.
AgriFORCE Growing Systems completed the delivery of its second-generation AgriForce RCS-Hydroxyl devices, known as the QuadPro, to be introduced into the Mexican market. The device offers multiple advantages including increased airflow, reduced noise levels, lighter weight, and improved design for better movability. The technology aims to eliminate pathogens in food production facilities and indoor farms, improving food safety and reducing food spoilage.
AgriFORCE Growing Systems has received a standard patent from IP Australia for its high fiber, high protein, low carbohydrate flour and technology. The patent was granted on April 4, 2024, under the title 'High fiber, high protein, low carbohydrate flour, sweetened liquid, sweeteners, cereals, and methods for production thereof.' The Company is focused on providing innovative solutions to agricultural challenges and is commercializing its first line of flours under the UN(Think) Awakened Flour Brand. The patented process allows for the production of nutritious flours by lightly germinating wheat and activating enzymes at the optimal time.