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Barfresh Receives USDA Re-Approval of $2.4 Million Grant Following Updated Facility Design, Equipment and Installation Requirements

USDA re-approval unlocks access to a $2.4 million grant for Barfresh’s new Ohio manufacturing facility, supporting its expansion timeline through 2026.

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Barfresh (BRFH) received final USDA re-approval of its previously awarded $2.4 million grant tied to its new 44,000-square-foot manufacturing facility in Defiance, Ohio.

The re-approval follows completion of an updated facility design plus equipment and installation requirements that reflect Barfresh’s needs after acquiring Arps Dairy. With this final USDA hurdle cleared, the company can now access the grant proceeds to fund construction, equipment purchases and installation for the facility, which must be completed and the funds utilized by the end of 2026, in line with Barfresh’s project schedule.

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Positive

  • $2.4 million USDA grant fully re-approved and now accessible for the project
  • 44,000-square-foot Ohio manufacturing facility cleared to move forward with construction and equipment spend
  • Grant utilization deadline aligns with Barfresh’s end-of-2026 build-out schedule

Negative

  • None.
Argus 15 min delay
+3.23% vs previous close $1.28 last price 1.4x rel. volume Open Argus
Details

Market reaction after USDA grant re-approval: BRFH +3.23%

+8.5% Peak in 13 min
$1.22 $1.45 Day Range
$20.87M Market Cap

Following this news, BRFH has gained 3.23%, reflecting a moderate positive market reaction. Argus tracked a peak move of +8.5% during the session. Our momentum scanner has triggered 6 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.28.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

The Aug 14, 2026 filing identified $2.4 million of construction-cost exposure if the USDA grant was ...
Analysis

The Aug 14, 2026 filing identified $2.4 million of construction-cost exposure if the USDA grant was not fully realized; re-approval addressed that disclosed funding condition for the new facility.

Key Figures

USDA grant: $2.4 million Facility size: 44,000 square feet Grant-use deadline: End of 2026 +1 more
USDA grant
$2.4 million
Previously awarded grant re-approved for facility construction, equipment and installation
Facility size
44,000 square feet
New manufacturing facility in Defiance, Ohio
Grant-use deadline
End of 2026
Deadline for using grant proceeds
Current production volume
Approximately 75%
Arps Dairy facility's share of frozen beverage and food volume

Historical Context

2 past events · Latest: Aug 24
2 events
  1. Aug 24

    School district expansion

    24h Move
    +4.0%

    Added Florida district demand while citing the same Ohio facilities and planned new capacity.

  2. Aug 14

    2Q26 earnings

    24h Move
    -30.7%

    Reported grant-backed facility construction obligations and wider losses amid sharply higher quarterly revenue.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

usda
1 terms
usda regulatory
"previously awarded $2.4 million USDA grant has received final re-approval"
The United States Department of Agriculture (USDA) is the federal agency that sets food and farming policy, enforces safety and inspection rules, and publishes regular data on crops, livestock and agricultural markets. Its reports and decisions act like a weather forecast for food and farm businesses—shaping crop prices, supply availability, subsidies and trade rules—so investors watch USDA announcements to gauge future commodity prices, company revenues and regulatory risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Re-Approval Reflects Updated Construction Design for 44,000-Square-Foot Ohio Facility; Company Now Clear to Begin Utilizing Grant Proceeds

LOS ANGELES, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced that its previously awarded $2.4 million USDA grant has received final re-approval following completion of an updated facility design and equipment and installation requirements for its new 44,000-square-foot manufacturing facility in Defiance, Ohio. The re-approval clears the way for the Company to access grant proceeds to begin work on the new 44,000-square-foot manufacturing facility.

The grant was originally approved based on plans in place before Barfresh’s acquisition of Arps Dairy. Following the acquisition, Barfresh finalized an updated design and construction and installation budget for the facility to reflect its own manufacturing requirements, a step the USDA required Barfresh to complete before it would re-approve use of the funds. With that process now complete, Barfresh has now cleared the final hurdle with the USDA on the approved construction, equipment purchases and installation to access the $2.4 million from the USDA. The grant proceeds must be used by the end of 2026, which lines up with the Company’s planned schedule.

“Completing the new facility remains our top operational priority,” said Riccardo Delle Coste, Chief Executive Officer of Barfresh. “Our Arps Diary processing facility already supports approximately 75% of our frozen beverage and food volume, and once the new 44,000-square-foot facility is online, we expect it to represent a meaningful step change in our production economics with significant automation and much improved profitability. It will give us substantial additional capacity to support both existing and new products, drive further efficiencies, and pursue new opportunities across the K-12 channel and beyond. This is a key step in building the platform we need to support Barfresh’s long-term growth.”

About Barfresh Food Group

Barfresh Food Group Inc. (Nasdaq: BRFH) is a developer, manufacturer and distributor of ready-to-blend and ready-to-drink beverages, including smoothies, shakes and frappes, primarily for the education market, foodservice industry and restaurant chains, delivered as fully prepared individual portions or single serving and bulk formats for on-site preparation. For more information, please visit www.barfresh.com.

Forward Looking Statements

Except for historical information herein, matters set forth in this press release are forward-looking, including statements about the Company’s commercial progress, success of its strategic relationship(s), and projections of future financial performance. These forward-looking statements are identified by the use of words such as “grow”, “expand”, “anticipate”, “intend”, “estimate”, “believe”, “expect”, “plan”, “should”, “hypothetical”, “potential”, “forecast” and “project”, “continue,” “could,” “may,” “predict,” and “will” and variations of such words and similar expressions are intended to identify such forward-looking statements. All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. The contents of this release should be considered in conjunction with the Company’s recent filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, including any warnings, risk factors and cautionary statements contained therein. Furthermore, the Company expressly disclaims any current intention to update publicly any forward-looking statements after the distribution of this release, whether as a result of new information, future events, changes in assumptions or otherwise.

Investor Relations
John Mills
ICR
646-277-1254
John.Mills@icrinc.com

Deirdre Thomson
ICR
646-277-1283
Deirdre.Thomson@icrinc.com


FAQ

What triggered the need for USDA re-approval of the $2.4 million grant?

Re-approval was required because Barfresh revised the facility’s construction design, equipment and installation plans after acquiring Arps Dairy. The USDA required the company to finalize an updated design and construction and installation budget that reflected Barfresh’s own manufacturing requirements before it would re-approve use of the funds.

What will the USDA grant proceeds be used for?

The grant proceeds are designated for the new 44,000-square-foot manufacturing facility in Defiance, Ohio, specifically for approved construction, equipment purchases and installation, now cleared by the USDA.

By when must Barfresh use the USDA grant funds?

The company must use the $2.4 million in USDA grant proceeds by the end of 2026, which it states matches its planned schedule for building out the new facility.

How does the new facility relate to the existing Arps Dairy processing plant?

Barfresh states that the existing Arps Dairy processing facility already supports approximately 75% of its frozen beverage and food volume. Management expects the new 44,000-square-foot facility, once online, to add substantial capacity, increase automation, improve production economics and profitability, and support both existing and new products, including opportunities in the K-12 channel and beyond.

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