AeroFarms SPAC Presentation Deck
Macrotrend
AeroFarms Solution
Helping Solve the Global Sustainability and Food Crisis
POPULATION GROWTH
Food production will need to
increase by 69% by 2035¹ to
feed the growing population
and expanding middle class
Up to
390x as productive
as a field farm7
WATER SCARCITY
Global water demand is
set to increase by 55%
from 2000 to 2050²
AEROFARMS
Uses up to
95% less water
than regular field farmers
1/3 Lost
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
Uses as little as
0.3% of the land
of a field farmer7
SOCIAL AWARENESS
With pesticide residues on
70% of washed produce in
the US, people are concerned
with sustainability and
chemicals on their food5
Grows using
zero pesticides
SUPPLY CHAIN
~$1.2 trillion worth of
food is lost or wasted each
year,6 exacerbated by risks
of disease and climate
change
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
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
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