CubicFarm's ruminant livestock feed subsidiary company, HydroGreen, has secured an exclusivity agreement with Agrotopia Ireland Limited, solidifying HydroGreen's influential role in the Irish market. The agreement commits Agrotopia to purchase four additional GLS 808 Units for the Irish market, complementing the single unit sale announced previously on January 3, 2024, culminating in a fleet of five machines dedicated to Ireland's first Feed as a Service ("FaaS") Centre.
Furthering its international expansion, HydroGreen has also established an exclusive sales agreement with Agrotopia for its Middle East operations. Agrotopia has committed to purchasing a minimum of 2 GLS 808 Units in 2024 for those additional markets, followed by a minimum of 5 units annually from 2025 through 2027.
This exclusive partnership emerges from Agrotopia's years of dedicated research and development in the cultivation of wheat and barley sprouts, setting a new standard for highly nutritional livestock feed. Agrotopia and HydroGreen are at the forefront of agricultural innovation, leveraging HydroGreen's patented hydroponic technology. By providing eco-friendly, nutrient-dense feed solutions derived from wheat and barley sprouts, this collaboration aims to transform farming practices, enhance livestock welfare, and significantly reduce environmental impact.
This initiative not only addresses Ireland and the UK's heavy reliance on imported feed but also tackles the challenges posed by climate change, such as the decreasing viability of traditional silage cultivation and grazing.
The technology's potential will be showcased in a pilot program at Finnegans Farm in Balrath, Navan County Meath, Ireland, starting in May 2024. This initiative will serve as a model for livestock farmers in the beef, dairy, chicken, and equine sectors and will allow farmers to evaluate the benefits of hydroponic feed solutions firsthand.
Agrotopia's strategic vision includes the expansion of feed centers throughout Ireland and the UK, in addition to extending their reach into the Middle East, with the aim of enhancing global food security and sustainability.
This agreement marks another milestone for HydroGreen in its efforts to extend its market reach internationally in collaboration with strong, qualified partners, with an immediate emphasis on the European Union. The EU has established a framework aimed at enhancing agricultural practices supported by strategic investment initiatives and government subsidies.
These initiatives are geared towards the adoption of new technologies and equipment in agriculture. This approach is facilitating a shift towards more efficient and sustainable methods in the EU's dairy and agriculture sectors.
"We are enthusiastic about establishing our technology in Ireland in collaboration with Agrotopia and equally pleased to announce the extension of our partnership into the Middle East," said John de Jonge, President of HydroGreen. "These agreements represent important steps in our company's growth and in promoting more sustainable agricultural practices internationally."
The agreement also paves the way for future development and potential market growth in Ireland, the United Kingdom, and the Middle East. Research and development trials in conjunction with local state agencies and universities will be conducted to further enhance and tailor HydroGreen's technology to meet the agricultural needs of these regions. HydroGreen's approach goes beyond merely fulfilling immediate feed demands; it's about fostering a sustainable, resilient agricultural landscape characterized by reduced greenhouse gas emissions and improved animal health.
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