News Releases

29 JULY 2021

Agrify to Host Second Quarter 2021 Results Conference Call

BILLERICA, Mass., July 29, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software cultivation solutions for the indoor agriculture marketplace, today announced it will host a conference
19 JULY 2021

Agrify Announces Launch of Innovative, Project-Based Learning Program, Agrify University

Introduces immersive program to assist Agrify customers and next-generation growers in cultivating high-value cannabis with efficiency at scale BILLERICA, Mass., July 19, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and
14 JULY 2021

Agrify Receives Hemp Cultivation and Production License, Opens New Facility and Product Showcase in Billerica, Massachusetts

BILLERICA, Mass., July 14, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software cultivation solutions for the indoor agriculture marketplace, today announced that it has received a
06 JULY 2021

Agrify Enters into Multi-Year Vertical Farming Research and Development Partnership with Curaleaf

Partnership to Study Impact of Cultivation Environment on Plant Health and Harvest Yields BILLERICA, Mass., July 06, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software cultivation
24 JUNE 2021

Agrify Expands Relationship with Current Customer Nevada Holistic Medicine, Further Increases Presence in Attractive Nevada Market

$12 million contract includes cultivation facility build-out fees and five years of SaaS revenue BURLINGTON, Mass., June 24, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software
02 JUNE 2021

Agrify Announces June 2021 Conference Participation

BURLINGTON, Mass., June 02, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software cultivation solutions for the indoor agriculture marketplace, today announced that Raymond Chang, Chief
18 MAY 2021

Agrify Quarterly Revenue Increased 600% to Record $7 million for Q1 2021

Company raises full year 2021 top revenue guidance to $48-50 Million Revenue increased 60% sequentially from Q4 2020 to Q1 2021 Total sales backlog grew 38% to $82 million BURLINGTON, Mass., May 18, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer
17 MAY 2021

Agrify and Front Range Biosciences Announce Partnership to Develop Next Generation Cultivation and Genetics Solution

Research and development partnership will combine Agrify’s cutting-edge indoor agriculture cultivation solutions with Front Range Biosciences’ expertise in creating unique cannabis and hemp cultivars BURLINGTON, Mass., May 17, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or
13 MAY 2021

Agrify Announces Definitive Agreement with Current Customer Greenstone to Complete Construction of Colorado Facility

Agreement includes an estimated $11 million in production-based fees and consulting services over a 10-year period, and an option on phase 2 expansion for up to an additional $37 million BURLINGTON, Mass., May 13, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the
12 MAY 2021

Agrify Announces First Total Turn-Key Solution Customer Partnership

Up to 1,200 of Agrify’s Vertical Farming Units to be installed at 50,000 square foot facility with up to $280 million expected in the next 10 years BURLINGTON, Mass., May 12, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and
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