[4] In September 2016, the AeroFarms Global Headquarters opened in a 70,000 square-foot facility in Newark, which is the largest indoor vertical farm in the world based on annual growing capacity.
[5] The farm was built in a 75-year-old former steel mill facility and has the capacity to produce up to two million pounds of leafy greens per year.
[7] AeroFarms emerged from its bankruptcy in September 2023 following the court’s approval of its restructuring plan involving major investors such as Grosvenor Food & AgTech and Doha Venture Capital,[8] and stated that it was once again nearing profitability.
Unlike hydroponics, aeroponics utilizes a closed loop system to mist the roots of the greens with nutrients, water, and oxygen.
[10] LED lights are engineered to have specific spectrum, intensity, and frequency which controls the physical and flavor components of the produce.