Terratech Inc
18101 Von Karmen, 3rd floor, Irvine, California, United States | Industrial Cleaning
Terra Tech. is pioneering the future by integrating the best of the natural world with technology to create sustainable renewable solutions for food production, indoor cultivation, and agricultural research and development. The future of farming is both indoor and vertical in highly productive and controlled environments. This new era of farming technology is needed to feed our worlds population while at the same time reducing our carbon footprint, generating higher yields and producing a higher quality more nutritious product.
At Terra Tech our vision is simple: To help transform, through innovation, the way we feed the global population through methods that are both sustainable as well as environmentally friendly. We have the team, the products, and the resources to assist the 'urban' farmer in increasing production with minimal environmental impact . By utilizing our processes and best practices in conjunction with our manufacturing capabilities and products our customers can be assured their agriculture goals can be achieved. Terra Tech is dedicated to a Greener World.
Terra Tech. is pioneering the future by integrating the best of the natural world with technology to create sustainable solutions for food production, indoor cultivation, rare and exotic plants, and agricultural research and development. The emerging trend of urban and indoor agriculture has fostered an entrepreneurial push by companies to bring their concept to market.
Many of these companies lack the both the intellectual resources and manufacturing capabilities to bring their idea to fruition. That is where Terra Tech can help. We have the team and the resources to help bring your design from concept to production. By utilizing our processes and best practices in conjunction with our manufacturing capabilities you can be assured that your design will be fabricated to spec and within budget.
Commercial AG - Commercial agriculture is beginning to migrate to controlled indoor environments. Every year the US loses significant portions of its' fertile agricultural land due to urbanization. In an effort to sustain our population cultivation is moving both indoors as well as vertical. Indoor cultivation allows urban farmers to have multiple harvests throughout the year while maximizing their production of healthy and nutrient dense fruits and vegetables. For example, over 40% of all fresh tomatoes sold in U.S. retail stores are now greenhouse grown.
We work with you to help design, develop and manufacture cultivation system which will both maximize you space and mitigate your energy costs. From rooftop/vertical hydroponic and aeroponic systems to custom designed greenhouse management systems Terra Tech is continually developing products and working with strategic partners, like Bayer Crop Sciences, to continually capture market share of this growing industry.
Retail AG – Through our subsidiary GrowOp Technology Ltd. we design and manufacture an advanced and affordable line of horticulture equipment for the discerning grower. We believe in affordable access to top quality products. We have searched the globe and worked closely with expert horticulturists, engineers, and scientists to bring to the market some of the most unique and efficient designs. GrowOp Tech operates out of its warehouse facility located on over an acre in Oakland, Ca. Our products have been featured on NBC, National Geographic, CNBC and more.
In addition to our organic growth through Terra Tech's commercial manufacturing and GrowOp Technology's retail brand we intend to acquire to accelerate growth. We are focused on well-positioned market participants that have a competitive advantage in their respective segment in addition to generating strong operating cash flow.
Industry
While the Hydroponic Farming industry is small compared with others in the agricultural sector, it has been gaining momentum during this current economic downturn, with revenue growing in four of the past five years. IBIS World reported expected revenue increases at an average annual rate of 7.8% from 2006 to 2011. The aging and health-conscious baby boomer population, an increased focus on healthy eating and changing weather conditions have cushioned most of the recession's ill effects. Most spending cuts have been directed toward discretionary purchases rather than fresh food. Rising food prices also support revenue growth because food is largely a non-discretionary necessity.
With a global population of approximately 7 Billion scarcity of food and the resources to produce it are rapidly becoming a concern. This increased need to sustain our population puts a strain on other global resources as the production and transportation of food significantly increases greenhouse gas emissions. This coupled with greater access to information and understanding that locally grown produce is not only better for the environment but also has a higher degree of nutrition has led to this current surge in hydroponically grown crops.
The Paradigm Shift
In addition to our rising population, every year the world loses significant portions of its' arable land due to climatic factors, desertification, diminishing water supplies, and urbanization. In order to accommodate the food demands of the increasing world population, agricultural production is moving indoors and we are now utilizing hydroponics to meet world food demands.
Indoor cultivation enables farmers to cultivate throughout the year, resulting in a perpetual harvest. For example, over 40% of all fresh tomatoes sold in U.S. retail stores are now greenhouse grown. The percentage of produce grown both locally and indoors is increasing on an annual basis. Continued innovation of indoor cultivation systems will allow us to maximize harvests and to grow locally effectively cutting down on our carbon footprint.
Multiple trends have brought attention to urban agriculture:
- The 'Green Movement'-Consumers are concerned with sustainability and earth friendly products.
- Higher expectations of freshness
- Health conscious Baby Boomer generation
- The demand for ready to eat greens
- Preference for produce grown without pesticides and herbicides
- Concerns about food safety, E.coli and other life threatening contaminates
Advantages of Urban Ag
Multiple Harvests: With year-round crop production (up to 30X traditional field cultivation) CEA provides multiple annual harvests creating a perpetual harvest creating constant output.
Scalable: Hydroponic CEA allows for cultivation to go vertical maximizing the cubic space within the facility.
Environmentally Superior: Uses up to 95% less water than traditional farms, and because the facility is sealed there isn't a need for herbicides or pesticides effectively reducing agricultural runoff. In addition these facilities are generally located n urban centers reducing the need for long haul transportation resulting in a drastic reduction in carbon footprint.
Variables are Controlled: Weather factors such as frosts and severe storms are mitigated and the potential for crop destroying pests can be easily controlled.
Major retailers across the country are now carrying locally grown, CEA hydroponic micro-greens and herbs; consumer prefer fresh, locally grown produce because of the higher nutrient content and longer shelf life.
Major Retailers Carrying Hydroponic Produce:
Major Retailers throughout the country are beginning to test and carry locally grown, rooted 'living' hydroponic produce and herbs that are cultivated in urban facilities. Companies like Brightfarms Llc, VFT Global and Sky Vegetable are taking advantage of this movement by building and operating those facilities to meet the emerging demand. This accelerated growth creates a large opportunity for Terra Tech, which is positioned as a manufacturer of urban agricultural equipment.
Mission
To design, develop and market the most innovative and environmentally friendly agricultural equipment for both commercial and retail markets.
Vision
Our Vision is to help transform, through innovation, the way we feed the global population through methods that are both sustainable as well as environmentally friendly.
Company Details | |
---|---|
Company Name | Terratech Inc |
Business Category | Industrial Cleaning |
Address | 18101 Von Karmen 3rd floor Irvine California United States ZIP: CA 92612 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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