Local Bounti Corporation/DE

Ag-tech firm growing fresh, sustainable greens year-round in local, climate-controlled greenhouses.

LOCL | NYSE

Overview

Corporate Details

ISIN(s):: N/A
LEI:
Country:: United States of America
Address:: 490 FOLEY LANE, 59840 HAMILTON
Website:: https://localbounti.com/
Sector:: Agriculture, forestry and fishing
Industry:: Growing of non-perennial crops

Description

Local Bounti Corporation is an agricultural technology company specializing in controlled environment agriculture (CEA). The company operates a network of advanced, climate-controlled greenhouses to locally grow a variety of produce, including leafy greens, living lettuces, herbs, and salad kits. By leveraging technology to optimize light, temperature, and nutrients, Local Bounti produces fresh, non-GMO greens year-round. Its business model focuses on sustainability, using significantly less land and water than traditional farming, and on reducing food miles by establishing facilities in local communities across the United States. The company's core mission is to deliver fresher, longer-lasting, and more sustainable produce directly to stores near its consumer base.

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Insider Transactions

Date	Insider Name	Position	Type	Shares	Value
No insider transactions recorded for this company.

Peer Companies

Company	Country	Ticker
AGTIRA AB Offers aquaponic Farming as a Service for sustainable, urban food production for grocery chains.	Sweden	AGTIRA
Berg Earth co.,Ltd. Japan's top producer of grafted vegetable seedlings for professional and consumer markets.	Japan	1383
Donegal Investment Agri-food firm producing seed potatoes & organic produce for global markets, with real estate assets.	Ireland	DQ7A
Edible Garden AG Inc A CEA farm producing local organic herbs, produce, and nutrition products for retailers.	United States of America	EDBL
Kalera S.A. A tech-driven vertical farming company growing local, pesticide-free, non-GMO leafy greens.	Luxembourg	KAL
Oranzerii Hamzali Agricultural producer and trader of early garden crops, potatoes, and grains.	North Macedonia	ORAN
Portobello Information on business activities, products, or services is currently unavailable.	Italy	POR