RussKap Water has acquired Envonics. RussKap Water and Envonics bring together top-tier research and development teams and diverse experience in their respective fields. With this acquisition, RussKap Water will expand its market base, providing clients with advanced water solutions for controlled environment agriculture. Envonics acquisition is meant to accelerate its growth trajectory and improve its product offering with new capabilities while continuing to deliver on its commitment to small and enterprise farms.
"Envonics is at the forefront of data-driven agricultural solutions with an exceptional product offering. Integrating our innovative AWG systems with their technology stack will make a tremendous impact in advancing sustainable farming practices" said Ed Russo, CEO at RussKap Water.
RussKap Water serves as a supplier of Atmospheric Water Generators (AWGs) to the US military and Department of Defense. With a proven track record in providing high-quality atmospheric water solutions, RussKap Water has transformed the landscape of water sourcing by harnessing the fully-renewable supply of water in the air to generate clean and healthy drinking water at the point of need. The company's revolutionary AWG systems utilize an internal ozone water treatment system to produce drinking water that exceeds global health standards, all while greatly simplifying the process of accessing clean drinking water.
Since its inception, Envonics has been dedicated to supporting farmers worldwide with state-of-the-art precision agriculture solutions. It's primary offering - Envonics Vertical Ecosystem (eVE) - is a plug-and-play solution that collects real-time crop data and utilizes an AI cloud ecosystem to automatically optimize irrigation and crop environments. By monitoring and optimizing crop conditions in real-time, Envonics empowers farmers with actionable insights that maximize yields, enhance sustainability, and improve overall efficiency. In recognition of the company's important progress, Envonics was recently awarded a competitive research grant from the National Science Foundation. Their innovative system has set a new standard for precision agriculture, ushering in a new era of data-driven farming practices.
"We are thrilled to welcome Envonics into the RussKap Water family," said Yehuda Kaploun, President at RussKap Water. "Envonics is transforming controlled environment agriculture, and by combining our advanced water generation technology with their precision agriculture solutions, we can provide farmers with a comprehensive toolkit to improve their water and crop management needs on all fronts."
Lior Barhai, Co-Founder and CEO at Envonics, said, "Our mission has always been to enable farmers to maximize the quality, sustainability, and efficiency of their agricultural operations, and we are delighted to join forces with the team at RussKap Water, who share that passion. This deal will enable Envonics to leverage RussKap Water's scale and expertise to further develop our technology and deliver value to our clients at a faster pace. We look forward to continuing our advancements in data-driven agricultural solutions and are ready to hit the ground running."
The joint efforts of RussKap Water and Envonics will lead to the development of innovative solutions that optimize water usage, increase crop yield, and reduce environmental impact. This collaboration will greatly contribute to achieving global goals of improving food security, water access, and sustainability, ensuring more efficient agricultural solutions for future generations.
RussKap Water will become the sole shareholder of Envonics, which will continue to operate as an independent brand and business unit led by Co-Founder and CEO Lior Barhai.
For more information:
RussKap Water
801 NE 167th Street
North Miami Beach, FL 33162
Tel.: (704) 610-7171
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russkapwater.com