AgTech Company CubicFarm Systems Reports $29.3 Million Net Loss for Full-Year 2021 (on $5.7 Million Revenue). Langley, BC, April 8, 2022 CubicFarm Systems Corp. (TSX:CUB), a leading local chain agricultural technology company, reported its fourth quarter and fiscal year end financial and operating results for the three months ended December 31, 2021.
A variety of configurations allow the CubicFarm growing modules to be customized to the crop. This image shows spring greens in production. Source: CubicFarm Systems Corp.
Set against a backdrop of snow-capped mountains, what looks like a Quonset hut sits amid blueberry fields in the Vancouver suburb of Pitt Meadows flanked by what appears to be a dozen shipping containers.
But the arched structure is the command centre of a new kind of controlled-environment agriculture system, one that could make plant production more efficient and enhance local food security.
Known as CubicFarm modules, the indoor food-grade stainless steel growing chambers that flank the central work area can produce 6,240 heads of lettuce onsite every three weeks, as well as other produce, herbs, and microgreens. A conveyor cycles more than 250 growing trays along a patented undulating path in as little as 90 minutes, receiving light and nutrient-rich water along the way. Each module consumes approximately 1