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CubicFarm Systems ( (TSE:CUB) ) has issued an update.
CubicFarms’ subsidiary, HydroGreen, has secured a significant repeat order from Agrotopia Ireland for seven additional GLS 808 machines after a successful trial, marking the largest European sale to date. This expansion underscores the growing demand for HydroGreen’s automated fresh feed technology, which offers substantial benefits such as faster weight gains, improved carcass grades, and reduced feeding costs, thereby enhancing farm profitability and sustainability across key European markets.
More about CubicFarm Systems
CubicFarms Systems Corp. is a leading agricultural technology company specializing in automated fresh feed technology, primarily serving the beef and dairy farming sectors in Ireland, the UK, and the Middle East. Their innovative products, such as the HydroGreen GLS 808 system, are designed to empower farmers with sustainable feed solutions that improve efficiency and sustainability.
YTD Price Performance: 180.0%
Average Trading Volume: 6,340
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.55M
Learn more about CUB stock on TipRanks’ Stock Analysis page.
