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Veganz Group AG
ISIN: DE000A3E5ED2
WKN: A3E5ED
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Veganz Group AG · ISIN: DE000A3E5ED2 · EQS - Company News (114 News)
Country: Germany · Primary market: Germany · EQS NID: 1662741
22 June 2023 10:00AM

Veganz Group AG: Veganz secures worldwide licensing rights for the innovative OrbiPlant® and OrbiLoop® Vertical Farming platform technology


EQS-News: Veganz Group AG / Key word(s): Alliance
Veganz Group AG: Veganz secures worldwide licensing rights for the innovative OrbiPlant® and OrbiLoop® Vertical Farming platform technology

22.06.2023 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Following the successful launch of the research collaboration to develop protein-rich plants for production in the OrbiPlant® Vertical Farming System at Fraunhofer IME Aachen, Veganz Group AG has now secured the underlying rights to the Vertical Farming Platform technology for growing food crops as an exclusive license.

 

With this groundbreaking technology, it will be possible for the first time to grow staple foods anywhere in the world in a regionally and economically viable way, for example in regions that have so far been dependent on expensive imports of staple foods due to unfavorable climate conditions. 

 

 Furthermore, vertical farming technology can be coupled with further food processing industries, allowing for complete value creation from the cultivation process to the finished food product.

 

To this end, Veganz will make its production plant for the manufacture of TVP (textured vegetable protein) pea-based meat alternatives modularly adaptable and will have the overall process readily at their disposal.

 

 “Vertical farming is not a new sector and so far has been used primarily for the cultivation of lettuce and herbs for regional supply to retailers and wholesalers. With our approach of direct industrial utilization of the cultivated products, we are not only creating the basis for a profitable business model, we are also achieving local food security through the cultivation and production of plant-based staple foods regardless of conditions (environment, climate) in all parts of the world to provide the population with healthy, plant-based proteins and carbohydrates” says Jan Bredack, founder and CEO of Veganz Group AG.

 

 “We are pleased that our patented OrbiPlant® and OrbiLoop® Vertical Farming platform technology will now act as a door opener for the global industrial production of food crops in highly efficient indoor conditions - a cornerstone of the shift in agriculture and food production amidst ongoing climate change. We will expand our existing research collaboration with Veganz Group AG with regard to the development and optimization of the vertical farming production process for further food crops” says Andreas Reimann, Senior Project and Licensing Manager of the Department of New Agricultural Systems at Fraunhofer IME Aachen .



22.06.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Veganz Group AG
An den Kiefern 7
14974 Ludwigsfelde
Germany
Phone: +49 (0)30 2936378 0
Fax: +49 (0)30 2936378 20
E-mail: info@veganz.de
Internet: https://veganz.de/
ISIN: DE000A3E5ED2
WKN: A3E5ED
Listed: Regulated Unofficial Market in Berlin, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1662741

 
End of News EQS News Service

1662741  22.06.2023 CET/CEST

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(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

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