The AeroFarms Opportunity slide image

The AeroFarms Opportunity

Macrotrend Helping Solve the Global Sustainability and Food Crisis 1/3 Lost POPULATION GROWTH Food production will need to increase by 69% by 20351 to feed the growing population and expanding middle class WATER SCARCITY Global water demand is set to increase by 55% from 2000 to 20502 ARABLE LAND LOSS The world has lost 1/3 of its arable land in the last 40 years³ due to soil erosion and contamination by toxic metals4 SOCIAL AWARENESS With pesticide residues on 70% of washed produce in the US, people are concerned with sustainability and chemicals on their food5 SUPPLY CHAIN ~$1.2 trillion worth of food is lost or wasted each year,6 exacerbated by risks of disease and climate change AeroFarms Solution Up to 390x as productive as a field farm7 Uses up to 95% less water than regular field farmers Uses as little as 0.3% of the land of a field farmer7 Grows using zero pesticides Locally produced for fresher food and less waste Solutions are enabled by AeroFarms' rapid innovation in mechanical design, biological science and data analytics and controls AEROFARMS 1 BBC: Is the world running out of fresh water?; 2 Environmental Outlook to 2050: The consequences of Inaction; 3 The Guardian: Earth has lost a third of arable land in past 40 years; 4 US FDA: Metals and Your Food; 5 The Guardian: Pesticide residues found in 70% of produce sold in US even after washing; 6 USDA for Romaine and Leaf Lettuce; 7 Calculation is based on AeroFarms' annual crop turns, levels of vertical growing and output per square foot versus values for a conventional field farm in a region like New Jersey with one crop turn per year 13
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