• Investment
  • Insurance
  • Finance
  • Internet
  • Technology
  • 200Mbps
Trending
  • Which is a Better Water Investment Now: Xylem, Inc. or Pentair PLC?
  • Is AppHarvest a Good Investment Right Now in 2022?
  • How Will Amazon’s Acquisition of One Medical Impact Investors?
  • Can Delta Air Lines Stock Stage a Comeback in the Second Half of 2022?
  • FaZe Shares Slump After NASDAQ Listing — What is FaZe?
  • What You Need to Know About Them
  • ASML Shares Rise After Strong Earnings Report
  • Twitter Pre-Earnings: What to Expect From the Social Media Company In Q2 of 2022?
MERDEKA MERDEKA
  • Investment
  • Insurance
  • Finance
  • Internet
  • Technology
  • 200Mbps
MERDEKA MERDEKA
You are at:Home » Is AppHarvest a Good Investment Right Now in 2022?
Is AppHarvest a Good Investment Right Now in 2022?

Is AppHarvest a Good Investment Right Now in 2022?

0
By admin on August 22, 2023 Investment

This text may be discovered within the MyWallSt App, alongside an audio companion. Sign up today for a free account and get entry to dozens of expertly written articles and analyst opinion items each month.

It’s been over a yr now since I first wrote about AppHarvest (NASDAQ: APPH), a recently-SPAC’d AgTech enterprise that was seeking to conquer the fruit and veg isles. 

From that First Look:

The corporate develops and operates giant indoor farms, generally known as managed setting agriculture (CEA) services. AppHarvest claims that these services can produce 30-times as a lot produce on the identical acreage as open-field farms whereas utilizing 90% much less water, with no agricultural runoff, and no soil erosion. 

Furthermore, the corporate’s strategic location in Appalachian Kentucky permits them to ship produce to 70% of the US inhabitants inside 24 hours. Roughly 69% of vine crops bought within the U.S. are at present grown and imported from locations like Mexico, with transport taking as much as 2 weeks. Not solely does this minimize down on using diesel in transportation (by as much as 80%, in accordance with the corporate), however it significantly reduces the spoilage price. In fact, the corporate makes use of no chemical substances or pesticides in manufacturing and employs high-tech sensors to make sure produce is of the very best high quality when harvested. 

In fact, this isn’t a novel idea. We’ve had greenhouses because the instances of Historic Rome, however AppHarvest’s daring claims concerning the energy of its know-how and processes piqued my curiosity. 

And this know-how has been tried and examined. Vertical farming has been extensively adopted by The Netherlands, turning that small nation into one of many world’s greatest meals exporters.

From The National Geographic:

The Netherlands is a small, densely populated nation, with greater than 1,300 inhabitants per sq. mile. It’s bereft of virtually each useful resource lengthy considered needed for large-scale agriculture. But it’s the globe’s quantity two exporter of meals as measured by worth, second solely to the USA, which has 270 instances its landmass.

Nonetheless, it was nonetheless very early days for this enterprise…

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleIs DiDi’s Troubled Year Coming to an End?
admin
  • Website

Related Posts

Tesla Stock Gains in Pre-Market on Solid Q2 Results

Twitter Pre-Earnings: What to Expect From the Social Media Company In Q2 of 2022?

ASML Shares Rise After Strong Earnings Report

Leave A Reply Cancel Reply

YOU MAY INTEREST
March 20, 2023

The Difference Between Low Code and Traditional Development • Merdeka

March 27, 2023

The Personal Loan Explained | RamseySolutions.com

July 7, 2023

QBE Re Names Barber Head of U.S. Treaty, Succeeding Larson; MNK Re Hires Pillay to Lead S. Africa Branch; Francis Promoted to MD, CFC Response

June 22, 2023

Robinhood Extends Trading Hours And Its Stock Jumps By 24%

May 22, 2023

2 Top Cybersecurity Stocks Investors Should Watch Now

Copyright © 2023 Merdeka
  • About
  • Contact
  • Sitemap
  • Disclaimer
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.

Next Up

Previous
Is DiDi’s Troubled Year Coming to an End?

In July 2021, DIDI International, Inc. (OTCMKTS: DIDIY) was one of many many tech behemoths topic to the ire of…

Random
PartsTrader Launches SurePart, A New Instant Parts Pricing Platform, Which Puts Accuracy at the Heart of Staff Written/IA Estimates

SurePart from PartsTrader offers appraisers unprecedented entry to actual market pricing quotes and reside stock feeds, better accuracy and worth…