Key Takeaways
- GreenPlus Co. Ltd. officially commissions a 2.8-hectare smart farm system operated by its subsidiary, Green K-Farm.
- The facility integrates vertical farming and advanced automation to produce a variety of crops.
- Designed for year-round production, it targets the Korean market and online stores, with capabilities for value-added manufacturing.
- The farm employs a unique up-down gully system to optimize space and reduce labor costs.
- GreenPlus anticipates AUD 11 million in annual sales from this facility, with global expansion plans underway.
GreenPlus Co. Ltd. Launches Advanced Smart Farm System
Introduction to GreenPlus’s Smart Farm
GreenPlus Co. Ltd. (186230.KQ) has proudly announced the official commissioning of its state-of-the-art smart farm system, managed by its subsidiary, Green K-Farm. Spanning 2.8 hectares and featuring an automated vertical farm, this facility is a significant stride in agricultural technology and efficiency.
Facility and Production Capabilities
This advanced glasshouse smart farm complex is designed for year-round production and will serve the domestic Korean market and online stores. It boasts value-added manufacturing capabilities, notably for chives and kimchi, achieving full integration from germination to food manufacturing. The farm cultivates diverse produce, including leafy greens, salads, vegetables, chives, and strawberries.
Technological Innovations and Efficiency
One of the standout features of the smart farm is its up-down gully system. This unique technology allows for vertical movement of the growing channels, effectively increasing the growing surface area while eliminating the need for access space between rows. Integrating agriculture and mechanical engineering significantly reduces labor costs and enhances profitability.
Financial Outlook and Global Expansion
A GreenPlus official stated that the smart farm is expected to generate approximately AUD 11 million in annual sales, contributing substantially to GreenPlus’s performance in 2024. With considerable global demand, GreenPlus has already secured orders for smart farms across the Asia/Pacific, including Australia, Thailand, and Japan. Plans are also in place for demonstrations in the Middle East.
GreenPlus’s Vision and Market Position
The launch of this smart farm precinct is a testament to Korea’s burgeoning presence in futuristic vertical farming following two years of dedicated research and development. GreenPlus is a pioneer in the smart farm industry, aiming for global leadership and the widespread adoption of these advanced agricultural technologies.
Image provided by GreenPlus
