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AppHarvest, Inc. is an American food production company developing and operating indoor farms in Appalachia. The company operates a 60-acre tomato farm in Morehead, Kentucky, with plans to operate an additional 3 farms across Kentucky. Founded by Jonathan Webb, the company aims to use Kentucky's central geographic location to reduce carbon emissions, delivering produce to Midwest and East Coast markets. AppHarvest's greenhouses aim to use primarily use sunlight in lieu of LEDs for growing plants hydroponically. The company became publicly listed after a merger with special purpose acquisition company Novus Capital Corp in 2020.
Market Cap
$64 million
Industry
Net Income
-$3.4 million
NASDAQ

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