Source: Roto-Gro
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • RotoGro International (RGI) is in talks with three Canadian universities to conduct peer review studies on its agricultural cultivation technologies
  • The studies are hoped to provide academic verification on RotoGro’s new systems and assert its position as an agri-tech player
  • The company has three major technologies in its pipeline including rotational gardening system the Model 710, supporting Automated Technology and RotoGro’s enterprise software, iGrow
  • According to the company, its findings over the past 18 months give it a significant yield advantage compared to other indoor vertical farming techs
  • The small-cap has indicated it is currently assessing the curricula and research laboratory facilities of three unnamed universities
  • RGI shares are down 1.75 per cent and trading at 5.6 cents each

RotoGro International (RGI) is in talks with three Canadian universities to conduct peer review studies on its agricultural cultivation technologies.

The studies are hoped to provide academic verification on RotoGro’s new systems and internal data collected over the past 18 months.

RGI’s testing focused on its three technologies, which include Rotational Garden System, the ‘Model 710’, aptly-named supporting, automated technology, the ‘Automated Technology’ and its monitoring system iGrow Software.

RotoGro’s Model 710 was found to produce approximately 88.32 kilograms of leafy greens throughout a 21-day cultivation cycle, a significant production matrix according to the company.

The cultivation process is also entirely automated, reducing human intervention, potential exposure to pests or pathogens and labour costs.

Results yielded from the studies also found RotoGro’s plant nutrient management systems can recycle up to 95 per cent of water used in the fertilisation process.

The small cap has indicated it is currently assessing the curricula and research laboratory facilities of three respected Canadian universities.

The company has indicated successful third-party academic verification of its data and research findings will solidify its position as a player in the agritech market.

Investors can expect to be updated once the partnership has been formalised.

RGI shares are down 1.75 per cent and trading at 5.6 cents each at 10:42 AEDT.

RGI by the numbers
More From The Market Online

Elders plummets -25% as climate change delays crops, hurts “sentiment”

Australian agricultural giant Elders has seen its share price tank -25% on Monday morning as the…

Vysarn launches water trading arm led by ex-JP Morgan exec

Mine dewatering and water engineering solutions player Vysarn (ASX:VYS) has today announced the creation of a…

A look at Australian agriculture: June 2023

Gross Australian agricultural production is expected to decline in the coming years as the last three…

Farms in Fair Work spotlight as fines for compliance breaches exceed $170,000 nationally

The agriculture sector is yet again under the Fair Work Ombudsman's (FWO) spotlight as fines for…