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Sprout AI Inc C.BYFM

Sprout AI Inc. is primarily engaged in vertical farming technology. The Company is in the business of planning, designing, manufacturing and/or assembling sustainable and scalable artificial intelligence (AI)-controlled vertical cultivation equipment (the habitat) for indoor vertical farming. The Company's technology produces an environment with improved growing parameters and detects conditions resulting in consistent and repeatable crops with shorter cultivation cycles independent of geographic climates. The Company also has self-contained rolling rack technology. The Company’s wholly owned subsidiaries include Sprout AI S.A. and Sprout AI Australia PTY.


CSE:BYFM - Post by User

Post by maysilverstoneon Jul 12, 2021 4:25pm
100 Views
Post# 33530967

Sprout AI just listed lasted week

Sprout AI just listed lasted week
Sprout AI began trading on the CSE on July 5 and is currently up 8.8% to $0.74.
Vertical farming has multiple advantages over traditional farming methods as it allows for
 
- Controlled quality
 
- Year-round supply

- Uses 95% less water

- 100x more productive than traditional farming methods
 
Their vertical farming product is the habitat: a self contained modular that can be scaled to expand or shrink depending on local demand.

- Mitigates external and cross-contamination risk

- Allows for multi-crop farms

- LED lighting to minimize power consumption

- Advanced air filtration and HVAC

- Water recycle system recovering 100%

- Moveable and modular resulting in significant reductions in set-up time and capital cost
 
With the global demand for agricultural crops increasing, the global farming market is expected to reach $12B by 2026, growing at a CAGR of 24.8%, and I think this one has huge long term potential.
 

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