Vertical farming will be using new versions of hydroponics and aquaponics. It will use about 100 times less water and provide over 5 times greater energy efficiency. The system can provide positive monetary returns within two years.
$122 million investment for 5 warehouses to grow spinach, broccoli, tomatoes, fish, head lettuce, leaf lettuce to feed the city of Chicago
$4.7 annual operating
$97.7 million annual revenue
Professor Despommier argues that the technology to construct vertical farms currently exists. Developers and local governments in the following cities have expressed serious interest in establishing a vertical farm: Inchon (South Korea), Abu Dhabi (United Arab Emirates), and Dongtan (China).
Vertical farming at wikipedia
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.