Press Release – CEA ADVISORS LLC (CEA), a leading global vertical farming consultant, manufacturer and developer and Farminova Plant Factory (Farminova), a one-stop vertical farm technology provider have formed a strategic partnership to jointly develop future vertical farm projects for supermarkets and other commercial and industrial end users worldwide.

For future projects developed jointly, CEA will provide consulting, marketing, project development and operations expertise, contributing its best-in-class vertical farming experience and Farminova will provide R & D support, HVAC systems, Control systems and its proprietary modular growing systems including its scalable next-generation, fully automated Plant Factory system.

Glenn Behrman, CEA Founder and President, commented, “We are thrilled to collaborate with Farminova in developing our combined pipeline of vertical farming projects. This partnership recognizes the value of our company and strategy, and significantly expands both CEA’s and Farminova’s reach in the vertical farming sector while leveraging our respective strengths. We are extremely impressed with Can Hakan Karaca, Chairman of Parent Company, Cantek Group and the Farminova management team and believe its growing suite of best-in-class Plant Factory solutions is the perfect complement to our mission. Importantly, we share the same approach to pursuing a model in building vertical farms that are focused on water conservation, energy efficiency, labor savings, automation, optimization and are scalable while always focused on economics.

Can Hakan Karaca, Cantek Chairman stated, “We believe that the CEA and Farminova alliance in vertical farms is an important step forward for the industry, with the potential to serve a full range of commercial clients, including grocery retailers worldwide with automated farms capable of producing substantial quantities of both food and non-food products. As a proven leader in the vertical farming sector, CEA is the ideal partner for us. They have a demonstrated track record of success in developing vertical farms and many years of industry experience”.

“The Farminova growing systems are backed by many years of manufacturing expertise including HVAC & Environmental systems, Control systems, automation and supported by a team of professionals with deep expertise in Horticulture, R & D, quality control, and sales and marketing. In combination, CEA and Farminova will be able to provide a complete range of solutions, from growing systems and technologies for both food and non-food production, which we believe is a significant competitive advantage. We are very excited about this strategic partnership with CEA and look forward to working with them on providing customized Controlled Environment Plant Factory solutions for industry.”