Vertical farming, a system for growing food without soil or sun that for decades has thrived mainly in sci-fi films and the International Space Station, is going mainstream.
AeroFarms is poised to be the first vertical-farming startup to be listed on the NASDAQ in the next month after it completes a merger with Spring Valley Acquisition Corp. Its products — leafy greens grown in a former steel mill in downtown Newark, New Jersey — are sold in chains in and around New York City, from Walmart to Whole Foods. Founded in 2004, AeroFarms is rolling out its boxes of greens to more stores in the Midatlantic and New England, while expanding its product portfolio to include hundreds of varieties of greens and developing new crops including hops for breweries, berries, and cacao.
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