Key Takeaways
- Expanded Product Range: Himalaya Technologies, Inc.’s subsidiary, Infood Technologies, Inc., has significantly broadened its aquaponics solutions, introducing new systems for diverse markets including K12 schools, food pantries, missions, and commercial operators.
- Educational and Commercial Focus: The expansion caters to educational institutions for broader classroom training and nutrition provision, as well as commercial entities for local produce and fish protein sales.
- Global Strategic Partnership: Infood has been named a Preferred Dealer by Nelson and Pade, Inc., a leading global vendor in aquaponics systems, enhancing its global reach and system quality.
- Aquaponics in Education: The systems are not just agricultural tools but also educational resources, demonstrating principles of science, agriculture, nutrition, math, and business across various educational levels.
- Corporate Vision and Market Potential: CEO Vik Grover highlights the growing trend of indoor farming in educational institutions and the vast market potential in K12 schools, colleges, universities, and municipal governments.
Expanded Aquaponics Offerings
Infood Technologies, a unit of Himalaya Technologies, Inc., has substantially increased its aquaponics offerings. This includes new features for K12 customers and the introduction of microfarms and commercial systems. The expansion enables Infood to cater to larger customer orders from various sectors, including educational institutions, food pantries, missions, and for-profit operators. The new product range includes various systems, from classroom-focused to large commercial setups, with prices ranging from $14,995 to $178,227, excluding add-ons and freight.
Global Strategic Vendor Relationship
Infood’s collaboration with Nelson and Pade, Inc. as a Preferred Dealer marks a significant step in its global strategy. This partnership ensures access to high-quality aquaponic systems and supplies, leveraging Nelson and Pade’s 40-year experience in sustainable food production methods. These aquaponic systems use significantly less water compared to traditional agriculture and are capable of producing more food per acre without harmful chemicals.
Aquaponics Education
Aquaponics systems offer a unique, hands-on educational experience across all grade levels. These systems are not only agricultural tools but also serve as practical demonstrations of various academic principles. They provide a comprehensive learning platform, covering aspects of science, agriculture, nutrition, mathematics, and business education. Infood’s offerings for schools include system designs, curricula, manuals, and support, enhancing the educational value of these systems.
Management Commentary and Vision
Vik Grover, CEO of Himalaya Technologies, emphasizes the sales phase of Infood Technologies and the growing trend of indoor farming in educational institutions. He points out the increased market potential due to the expanded offerings, targeting not only educational institutions but also commercial operators. Grover highlights the vast revenue opportunities in the aquaponics system market, indicating a positive future trajectory for the company.
Himalaya Technologies at PETE&C 2024
Himalaya Technologies, Inc. and Infood Technologies, Inc. will be present at the Pennsylvania Educational Technology Expo & Conference (PETE&C) from February 4-7, 2024. This event provides an opportunity for networking, investor meetings, and showcasing their expanded product range to a wider audience.
About Himalaya Technologies, Inc.
Himalaya Technologies, Inc., a publicly traded company, focuses on investments in businesses seeking growth capital. Its unit, Infood Technologies, Inc., offers indoor farming products and services to diverse sectors. Himalaya Technologies is also involved in various other ventures, including social networking sites, leisurewear products, a healthy energy beverage, and the development of utility crypto tokens, demonstrating its broad market engagement and innovative approach.
Himalaya Technologies Recent News:
Himalaya Technologies Unveils INFOOD (2023/11/08)
Himalaya Technologies, Inc.’s launch of INFOOD TECHNOLOGIES marks a major stride in indoor agriculture, blending education with sustainable food production. Through strategic partnerships with Nelson and Pade, Inc. and Vertical Crop Consultants, Inc., Himalaya combines Aquaponics and Vertical Farming to revolutionize sustainable agriculture. This initiative is set to transform K12 and collegiate education by providing hands-on learning in sustainable agriculture, utilizing systems that are far more water-efficient and yield higher than traditional farming. With the vertical farming market expected to surge, INFOOD TECHNOLOGIES is well-positioned to capitalize on this growth. This venture reflects Himalaya’s commitment to sustainability and education, aligning with its broader vision of responsible growth. CEO Vik Grover’s vision emphasizes the synergy between technology and traditional farming, aiming to reduce the carbon footprint of food production. INFOOD TECHNOLOGIES, representing a significant aspect of Himalaya Technologies’ diverse portfolio, is poised to be a key player in the green revolution, potentially reshaping the future of food production and environmental sustainability.
Image provided by Himalaya Technologies