Key Takeaways
- Partnership Announcement: CubicFarm® Systems Corp.’s subsidiary HydroGreen Inc. partners with Hansen Industries to build two Feed Centers in Visalia, California.
- Feed as a Service (FaaS): The agreement aims to fulfill a demand for 120 tons of daily fresh sprouted grains, marking a significant step in the FaaS offering.
- Additional Expansion: HydroGreen also announces a plan for a Regional Feed Center in Tulsa, Oklahoma, in partnership with Precision Capital Ventures.
- Impact on Agriculture: The partnerships and expansions highlight HydroGreen’s capability to meet large-scale agricultural needs and its commitment to sustainable solutions.
- Future Strategy: These agreements are crucial for HydroGreen’s FaaS model and its strategy to expand Feed Center operations in key U.S. markets, aiming for sustainable revenue growth.
HydroGreen and Hansen Industries Collaborate
CubicFarm® Systems Corp. (TSXV: CUB), a leader in agricultural technology, recently announced a significant partnership with Hansen Industries through its subsidiary, HydroGreen Inc. This collaboration entails constructing two Feed Centers in Visalia, California, each equipped with 20 GLS 808 machines. The objective is to cater to an existing demand for 120 tons of daily fresh sprouted grains. This initiative is part of a larger Feed-as-a-service (FaaS) offering, a novel approach in the agricultural sector.
Shane Hansen, Founder and CEO of Hansen Industries, emphasized the transformative nature of this partnership. He noted the immediate positive impact of this high-performance feed additive on livestock and its long-term health benefits. The focus is on providing quality feed to the dairy industry, strengthening Hansen Industries’ commitment to long-term customer relationships.
Expanding Horizons: Tulsa, Oklahoma Project
Furthering its expansion, HydroGreen has also announced plans for an additional Regional Feed Center in Tulsa, Oklahoma. This project, in partnership with Precision Capital Ventures, positions HydroGreen as the exclusive FaaS supplier of fresh fodder. Gabe Orr, Founder and Partner of Precision Capital Ventures, highlighted the collaboration’s potential to enhance grass-fed beef operations and produce healthier beef cattle.
Precision Capital Ventures, known for its innovative approach to agriculture and beef industries, plans to add one HydroGreen Feed Center annually over the next four years. This expansion aligns with their vision of integrating advanced technologies into traditional farming practices.
Impact on Agricultural Sector
John de Jonge, President and CEO of HydroGreen, elaborated on the significance of these expansions. He emphasized HydroGreen’s ability to meet large-scale agricultural needs with efficient and practical solutions. The expansion aims to address current demands and diversify HydroGreen’s geographical presence across the United States.
Strategic Future Growth
Michael Kyne, CFO of CubicFarms and HydroGreen, reflected on the strategic importance of these recent agreements. They are pivotal in demonstrating HydroGreen’s innovative capabilities independently and in partnership with key agricultural players. The strategy for 2024 and beyond focuses on expanding Feed Center operations in critical U.S. markets. This expansion strategy is designed to solidify a sustainable and recurring revenue source for the company, indicating a strong future in the agricultural technology sector.
The recent developments at HydroGreen, under the umbrella of CubicFarm Systems Corp., mark a significant advancement in the agricultural technology sector. These partnerships and expansions demonstrate a commitment to sustainable, efficient agricultural practices and a vision for future growth. As the industry evolves, HydroGreen is positioning itself at the forefront of innovation and practical solutions, potentially reshaping the agricultural landscape.
HydroGreen’s Latest News
Golden Rule Dairy Expands Use (2023/11/07)
CubicFarm Expands HydroGreen Feed Hub Network to Visalia, California (2023/11/03)
CubicFarm® Systems Corp. has expanded its HydroGreen California Regional Feed Hubs to include a new facility in Visalia, California, to promote sustainable feed solutions for the dairy and beef industries. The Visalia location complements the existing Riverdale facility and features a twin-building setup accommodating 20 HydroGreen machines with a daily production capacity of 64 tons of feed. The company’s Feed-as-a-service (FaaS) business model is gaining traction in product adoption, and the initiative is a deliberate step in the evolution of its core strategy to build a recurring revenue division by developing regional Feed Hubs in California.
Seals Deal with Redmond Heritage Farms (2023/11/01)
CubicFarm® Systems Corp. collaborates with Redmond Heritage Farms to sell one HydroGreen GLS 808 machine. The machine ensures consistent production of fresh fodder all year round. Redmond Heritage Farms, a prominent raw milk supplier in Utah, sees numerous advantages in this partnership. HydroGreen’s President, John de Jonge, is exhilarated about the venture, emphasizing the benefits of the HydroGreen solution, including a surge in milk production, fortified regional food security, and a reduced environmental footprint. This transaction accentuates HydroGreen’s staunch allegiance to sustainability and innovation.
HydroGreen’s Revolutionary Feed Solution Takes Center Stage (2023/08/25)
CubicFarm Systems Corp. is revolutionizing dairy farming by introducing HydroGreen’s state-of-the-art machines that reshape livestock feed production. Recently, HydroGreen closed a sale with Cirio Agricola, one of Italy’s top milk producers. Six GLS machines will be incorporated into Cirio Agricola’s operations, generating over 34,000 pounds of feed per day. The technology offers year-round nutrient-rich livestock feed cultivation without being limited by seasonality or external climate factors. The partnership showcases how established industry players embrace novel technologies to fortify their operations, enhance their sustainability efforts, and contribute to global food security.
Signs Deal with Van Der Kooi Dairy (2023/08/04)
CubicFarm Systems Corp.’s subsidiary, HydroGreen Inc. has collaborated with Van Der Kooi Dairy to purchase 10,000 tons of sprouted-grain feed per year from HydroGreen’s Riverdale feed facility. This validates HydroGreen’s technology and business model, which guarantees optimal feed production stringent quality control, and ultimately leads to enhanced animal performance outcomes for producers. The collaboration has the potential to revolutionize the way livestock feed is produced and consumed, promoting sustainable practices and positively impacting livestock production and the environment.
Commissions Modules at Golden Rule Dairy (2023/07/14)
HydroGreen, a subsidiary of CubicFarm Systems Corp., has installed a HydroGreen DGS 66 machine at Golden Rule Dairy in Arizona. This technology will provide high-quality feed for the dairy’s herd and enhance their performance, resulting in healthier cows. The HydroGreen machine cultivates nutritious forage in a controlled environment, providing a consistent feed source while optimizing water usage and decreasing dependence on external feed sources. The technology allows for daily harvesting, achieving up to 365 harvests a year.
CubicFarm’s HydroGreen and J&D Wilson Partner (2023/06/28)
CubicFarm Systems Corp.’s subsidiary, HydroGreen Inc., signed a Memorandum of Terms (MOT) with J&D Wilson, a farming operation in California. HydroGreen will provide J&D Wilson with 24 tons of HydroGreen “As Fed” Feed daily, showcasing the effectiveness of its Feed-as-a-Service (FaaS) business model and the viability of its products. HydroGreen plans to establish a facility in Riverdale, California, equipped with 10 HydroGreen machines to support the collaboration. The partnership aims to revolutionize livestock feed production and contribute to the sustainability of farming practices.
Photo by Pascal van de Vendel on Unsplash
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