Key Takeaways:
- Stacked Farm’s new facility represents a breakthrough in agricultural technology, achieving full production status.
- The farm significantly reduces labor needs by approximately 90% and increases energy efficiency by about 46% compared to traditional farming and competitors.
- It promises a 3-year return on investment (ROI), positioning the venture as a long-term infrastructure investment with over 30 years of reliable income potential.
Stacked Farm® has officially commenced full production at its innovative robotic vertical farm, located on the Gold Coast, Australia, marking a significant achievement after seven years of dedicated research and development. The announcement highlights a major advancement in sustainable agriculture, spearheaded by a team of skilled engineers and scientists.
Innovation and Sustainability
The company’s journey to this point underscores a strong commitment to innovation and sustainability. “Our goal has always been to revolutionize the way we produce essential daily-life produce, making it more operationally cost-efficient than ever before,” stated Stacked Farm® in a LinkedIn post. The farm is fully automated, handling every step from seed to dispatch autonomously, which not only ensures the highest output per square meter but also significantly reduces the labor intensity of agricultural production.
Environmental and Operational Efficiency
With its cutting-edge technology, the vertical farm is approximately 46% more energy-efficient than its competitors, leveraging green energy solutions and a zero-waste water system to minimize environmental impact. “Beyond the operational efficiencies, our produce is verified to have a shelf life of 18 days or more, and we pride ourselves on offering beyond organic produce that contains zero nasties,” the company added.
A Model for Future Agriculture
The facility’s design and operation model reflects a strategic investment in the future of agriculture. Constructed with high-quality materials and designed for longevity, the farm is likened to data centers in terms of being a long-term infrastructure investment. “Like data centers, our farms are built to serve as long-term infrastructure investments, promising not just a quick ROI but reliable income for over 30 years,” noted the company.
Stacked Farm® Latest News:
Stacked Farm® Raises A$56m For Expansion (2022/06/28)
An Australian vertical farming group, Stacked Farm, raised A$56m to expand its business and build the next farm planned for delivery in 2023. The funding round was led by SeventyTwo Capital, with participation from US-based Magnetar Capital, Stratos Capital, and domestic groups Tribeca Investment Partners, Glen Richards and Paul Wilson’s Founder-led investments. The company also received incentives from The Gold Coast City Council. In an interview with Fruitnet.com, CEO Conrad Smit said that Stacked Farm plans to construct a facility with the largest output of leafy green produce per square meter of any indoor vertical farm worldwide. The company plans two new fully automated commercial farms in Brisbane and Melbourne, both with a size of 5,000-7,000 sqm, which are expected to be delivered in 2023.
Image provided by Stacked Farm®
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