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CubicFarm Systems Corp. Announces Grant of Management Cease Trade Order
Newsfile· 2025-05-01 21:53
Core Viewpoint - CubicFarm Systems Corp. has received a management cease trade order (MCTO) from the British Columbia Securities Commission, allowing the company until June 30, 2025, to file its annual financial statements for the year ended December 31, 2024, due to delays in completing its year-end audit for 2023 [1][2][6]. Group 1: Management Cease Trade Order (MCTO) - The MCTO prohibits the CEO and CFO from trading in the company's securities until the required filings are submitted [3]. - The company is committed to following the alternative information guidelines while in default for failing to file the required documents [4]. - Failure to file the required filings within the two-month grace period may lead to a cease trade order (CTO) being imposed by securities regulators [6]. Group 2: Audit and Financial Statements - The delay in filing is attributed to the completion of the previous audit for the year ended December 31, 2023 [2]. - The company has engaged its auditor to complete the audit of the financial statements and expects to file the required documents by June 30, 2025 [7]. Group 3: Company Status - As of the date of the announcement, the company is not undergoing any insolvency proceedings and has disclosed no other material information that has not been made public [5].
福建省新生代民营企业家“爱拼会赢”班移动课堂走进杭州
Zhong Guo Xin Wen Wang· 2025-04-30 03:43
Group 1 - The core focus of the training program is to promote high-quality development of private enterprises in Fujian by exploring new paths for growth and maintaining the spirit of "Love to Win" [3][12] - The program includes case studies on competitive strategy and family business succession, emphasizing the importance of balancing tradition and innovation in family enterprises [5][6] - The training features immersive learning experiences at leading tech companies like Alibaba and innovative firms in Hangzhou, highlighting the integration of technology and traditional industries [8][9][10] Group 2 - The training program is a year-long initiative organized by the Fujian Provincial United Front Work Department, Fujian Provincial Federation of Industry and Commerce, and Xiamen University, targeting young entrepreneurs with an average age of 36 [12] - Participants include representatives from listed companies, top private enterprises in Fujian, and national high-tech enterprises, indicating a diverse and high-caliber group [12] - The curriculum combines classic courses, real-world teaching, roundtable discussions, and red education to deepen entrepreneurs' understanding of global competition and industry trends [12]
USDA-APHIS Designates Additional Cibus' Disease Resistance Trait Products as Not Regulated
GlobeNewswire News Room· 2025-04-24 13:00
"We are encouraged by USDA-APHIS' broad designation for these traits being developed using our RTDS trait platform. The U.S. has long been a leader in regulatory modernization and this designation is yet another example of how regulatory frameworks have evolved and continue to evolve to support the promise of gene- editing technologies," said Cibus Co-Founder and Interim Chief Executive Officer, Dr. Peter Beetham. "We are especially excited about the prospect of additional modes of action for crop diseases ...
Puna Bio receives investment from Corteva Catalyst
Prnewswire· 2025-04-22 12:00
Puna Bio received its initial funding in 2022, led by At One Ventures, a US venture firm with deep roots in Silicon Valley. The capital enabled the establishment of the company's first laboratory and growth of its core team. Argentina-based agricultural technology company specializing in biological solutions for regenerative agriculture to expand into new markets, fueled by new capital infusion BUENOS AIRES, Argentina, April 22, 2025 /PRNewswire/ -- Today Puna Bio announced that it had closed a new round of ...
CubicFarms Announces Resignation of Board Director David Cole
Newsfile· 2025-04-18 00:58
Core Insights - G. David Cole has resigned from the Board of Directors of CubicFarm® Systems Corp. effective April 16, 2025, due to his upcoming retirement from RBC and a planned reduction in professional commitments [1][3] - Cole joined the Board in January 2022 and contributed significantly to the company's strategic direction during a transformative period [2][3] Company Overview - CubicFarms is a leading agricultural technology company focused on developing and deploying innovative solutions to address global food supply challenges [7][8] - The company utilizes proprietary ag-tech solutions to produce high-quality, predictable produce and fresh livestock feed, leveraging HydroGreen Nutrition Technology, a subsidiary of CubicFarm Systems Corp. [7][8]
培育耐高温大闸蟹新品!20个项目农业关键技术攻关项目“揭榜挂帅”
Yang Zi Wan Bao Wang· 2025-04-15 16:12
Core Insights - The 2025 "Key Technology Tackling Projects" guide for technology-driven agriculture has been released, focusing on two major projects: the breeding of high-temperature resistant Yangcheng Lake hairy crabs and the development of a technology system for increasing yield and carbon sequestration in double-cropping rice and wheat fields [2][4]. Group 1: Key Projects - The Yangcheng Lake hairy crab project aims to address high mortality rates due to extreme heat by developing a new strain through whole-genome selection and identifying candidate genes for heat resistance using omics analysis [2]. - The project includes six biological breeding sub-projects that focus on Suzhou's "famous and special" agricultural products, utilizing biotechnologies such as genetic engineering and molecular breeding to accelerate the application of cutting-edge technologies in breeding [2]. Group 2: High-end Agricultural Machinery - The high-end agricultural machinery project will promote the upgrade of machinery towards intelligence and sustainability, focusing on real-time sensing, intelligent control, and precision operations [4]. - The project encourages collaboration between enterprises and research institutions, requiring the development of technologies and products with independent intellectual property rights [4]. Group 3: Smart Agriculture - The smart agriculture project will leverage new information technologies such as machine learning, IoT, and big data to drive digital transformation in agriculture, enhancing production efficiency and product quality [4]. - The initiative aims to strengthen the promotion and application of efficient, green, and intelligent production technologies in large-scale agriculture [4].
CubicFarm Systems Corp. Announces Closing of Private Placement
Newsfile· 2025-03-31 21:36
Core Points - CubicFarm® Systems Corp. has successfully closed a non-brokered private placement of units, raising approximately C$2,500,000 [1][2] - The first tranche involved the issuance of 8,340,781 units at a price of C$0.30 per unit, with each unit consisting of one common share and one warrant [2] - The company will use the proceeds for general working capital and corporate purposes [3] Private Placement Details - Each warrant allows the holder to acquire one common share at an exercise price of C$0.50 for a period of 12 months [2] - The company has opted not to close another tranche of the private placement, with no insider participation or finder's fee involved [3] - The securities are subject to a four-month transfer restriction, expiring on July 25, 2025 [4] Company Overview - CubicFarms is a leading agricultural technology company focused on developing solutions for local food production [8] - The company’s proprietary technology enables the production of high-quality produce and livestock feed year-round in controlled environments [8] - HydroGreen, a division of CubicFarms, utilizes automated vertical growing technology to minimize resource use while maximizing nutritional output for livestock [7]
创新焦点:灌溉技术(英)2025
PitchBook· 2025-03-31 08:00
Investment Rating - The report does not explicitly state an investment rating for the irrigation technology industry Core Insights - Irrigation technology is crucial for sustainable agriculture, addressing challenges such as water scarcity and climate change while optimizing water usage and improving crop yields [4][12] - The adoption of digital agronomy and precision irrigation solutions is increasing among farmers, driven by the need for efficient water management [12][21] - Venture capital activity in irrigation tech has surged, with significant funding rounds indicating strong investor interest in the sector [39][40] Innovation Overview - New precision irrigation solutions are being developed to enhance sustainability in agriculture, utilizing digital agronomy and IoT devices [3][4] - The report highlights the importance of irrigation technology in maintaining food production amid rising temperatures and drought conditions [4][12] Market Analysis - Global irrigated cropland has more than doubled from 147 million hectares in 1961 to 343 million hectares in 2020, emphasizing the growing need for efficient irrigation [12] - Only 17% of harvested cropland in the US is irrigated, yet these farms account for 54% of all crop sales, showcasing the economic significance of irrigation [19] - The report notes that climate change has led to increased drought conditions, making irrigation essential for maintaining agricultural productivity [12][20] Emerging Providers - N-Drip focuses on drip irrigation hardware to enhance water efficiency, addressing challenges such as energy costs and clogging [29][30] - AquaSpy specializes in multisensor soil probes to optimize irrigation and fertilization, operating on a software-as-a-service model [34][35] - Other emerging solutions include drought-resistant crops and biological soil health additives, which may integrate more seamlessly into existing farming practices [33] Deal Activity - VC deal counts in irrigation tech rose from six in 2020 to 19 in 2021, with total funding reaching $92.9 million across 13 deals in 2023 [39][41] - Notable deals include N-Drip's $44 million Series C and SunCulture's $27.5 million Series B, indicating strong investor interest in underrepresented regions of agtech [39][44] - The report highlights several successful exits in the irrigation tech space, including the acquisition of Netafim for $1.4 billion [40]
ARB IOT Group Limited Unveils Cutting-Edge Smart AI Robot to Revolutionize Fertilization in Agriculture
Newsfilter· 2025-03-27 20:00
Core Insights - ARB IOT Group Limited has launched an AI-powered fertilizer system integrated with a Smart AI Robot, aimed at transforming modern agriculture through optimized fertilization and sustainable farming practices [1][4][5] Group 1: Product Features and Innovations - The Smart AI Robot is designed for unmanned operations with features such as modular design, all-terrain capability, centimetre-level positioning, and ultra-long endurance [2][10] - The AI-powered fertilizer system employs machine learning algorithms and real-time soil data analysis to automate fertilizer application, thereby minimizing waste and maximizing crop yield [4][10] - The integration of IoT technology allows for real-time monitoring of environmental factors, enabling farmers to make data-driven decisions [7][10] Group 2: Market Context and Challenges - By 2027, it is projected that 35% of Malaysia's oil palm land will be overaged, highlighting the need for advanced agricultural solutions [3] - Currently, only 17% of oil palm land has trees in the optimal age range for effective motorized cutting, indicating inefficiencies in traditional farming methods [3] Group 3: Benefits of the AI-Powered System - The system promotes precision application of fertilizers, reducing both overuse and underuse, which supports eco-friendly farming practices [10] - Automation through the Smart AI Robot decreases reliance on manual labor, enhancing operational efficiency across large farmlands [10] - The conversion of solid fertilizers to liquid form leads to cost savings by improving absorption efficiency and reducing waste [10]
HydroGreen Secures Third Order from Agrotopia Ireland, Expanding Adoption of Climate-Smart Feed Solutions
Newsfile· 2025-03-07 13:30
Core Insights - HydroGreen, a subsidiary of CubicFarm Systems Corp., has secured a third order of five GLS 808 machines from Agrotopia Ireland, indicating a growing demand for its Automated Vertical Pastures™ system in Ireland's livestock sector [1][2][3] Company Overview - HydroGreen specializes in producing Automated Vertical Pastures™, which efficiently sprout grains like wheat and barley in a controlled environment to create high-performance livestock feed year-round [6] - The technology automates all growing functions, allowing livestock businesses to provide consistent nutrition with minimal labor [6] Industry Context - The increasing adoption of HydroGreen's systems highlights the importance of agricultural trade shows, where farmers seek cost-effective, climate-smart feed alternatives [2] - Agrotopia, as a leading hub for sustainable agriculture in Ireland, integrates advanced hydroponic technology to produce fresh, nutrient-rich fodder for livestock, enhancing agricultural efficiency and reducing environmental impact [8][9] Partnership Dynamics - The partnership between HydroGreen and Agrotopia has been beneficial, with Agrotopia planning a rapid expansion in 2025-2026 due to the success of initial installations [3] - Agrotopia's strategic location provides excellent access to regional and national fairs, enhancing the visibility of HydroGreen's technology [3] Market Trends - The demand for sustainable and efficient agricultural solutions is driving advancements in technology, with HydroGreen's systems positioned to meet the needs of progressive beef and dairy farmers [2][9] - The focus on reducing input costs while improving feed reliability and animal performance is a key trend in the livestock sector [3]