Sino Agro Food Inc (fka SIAF)

[Helium-3]

China’s Yuanda Enterprise Group announced last week that it had bought the Israeli company AutoAgronome Israel Ltd for $20 million in order to expand its business to high-tech agriculture. The Israeli company produces smart irrigation and fertilization systems that are successfully used with 70 different types of crops in 13 countries including the United Kingdom.

(article from Israel 9/18/2014)


“The movement to new technology is huge. Every year, the area of drip irrigation system farming in China increases about 20 percent, which is more than all in Israel and Europe together. It’s a huge market in China,” said Nissim Daniely, the general manager of AutoAgronom in China Daily.

...Founded in 1988, AutoAgronom is the only full automatic system in the world which applies water and fertilizers without human intervention according to the company’s website. The system is based on more than 20 years of research and can reduce water consumption per acre from 500 tons to 150 tons, making it an affordable alternative for farmers.

“The plant tells you what it wants exactly with this system,” said David Kaholi, an Israeli farmer of the AutoAgronom system. The system works through monitoring the root of the plant with sensors and an electronic tensiometer that works around the clock, transmitting data from the root to the controller software. On the basis of the data reaching the system, it will decrease or increase fertilizer and water amounts, saving up to 50% in water and 70% in fertilizer delivery, while increasing yield.


Read more at http://www.breakingisraelnews.com/21745/china-buys-israeli-smart-irrigation-tech-company-20-million/#qeB6LJpOLq3akvmP.99