News Releases

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
05 MAY 2021

Agrify to Host First Quarter 2021 Results Conference Call

BURLINGTON, Mass., May 05, 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
05 APRIL 2021

Agrify Announces Receipt of $3.5M Purchase Contract, Expanding Customer Relationship with WhiteCloud Botanicals

WhiteCloud tripling their current flower production canopy to address increased product demand in growing Nevada market BURLINGTON, Mass., April 05, 2021 (GLOBE NEWSWIRE) --   Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision
01 APRIL 2021

Agrify Announces Record FY 2020 Annual Results

Full Year 2020 revenue nearly tripled year-over-year to $12.1 million BURLINGTON, Mass., April 01, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software grow solutions for the indoor
25 MARCH 2021

Agrify to Host Fourth Quarter and Year-End 2020 Results Conference Call

BURLINGTON, Mass., March 25, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace, today announced it will host a conference call
16 MARCH 2021

Agrify Enters into Binding Letter of Intent for Build-Out of Research and Development Facility in Partnership with Atlantis Hydroponics

Facility Expected to Advance the Agrify Solution for the Fast-Growing Hemp Market and Drive Further Innovation and Evolution of Indoor Agriculture Grow Solutions BURLINGTON, Mass., March 16, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of
15 MARCH 2021

Agrify Launches Total Turn-Key Customer Solution with Targeted IRR of 40-50%

Company has identified up to $50 million in initial TTK partnerships Comprehensive offering created to position customers for long-term success BURLINGTON, Mass., March 15, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and
12 MARCH 2021

Agrify Announces March 2021 Conference Participation

BURLINGTON, Mass., March 12, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace, today announced that Raymond Chang, Chief
24 FEBRUARY 2021

Agrify Announces the Formation of Strategic Advisory Board

Rosie Mattio, Founder and Chief Executive Officer of MATTIO Communications, and Matthew Kressy, Founding Director of the MIT Integrated Design & Management program, appointed as advisors BURLINGTON, Mass., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the
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