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RDXH (Redux Holdings, Inc.)


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RDXHRedux Holdings Inc. (RDXH) is a multifaceted technology company, soon to be renamed to Leo Tech Holdings Inc., who focuses on the research, engineering, and development of revolutionary and innovative solutions for a healthier and sustainable future.

Currently, RDXH has developed a patent pending vertical growth system that can be built and utilized as a hydroponics or aquaponics system. As a hydroponics system, the process of growing plants with water and nutrients and without the need of soil, RDXH’s vertical growth system will allow a farmer to efficiently grow a wide variety of plants including root type plants (ex. Potatoes, yams, and carrots), bush plants (ex. Rosemary, blueberries, and strawberries), vine plants (ex. Tomatoes and eggplants), and bulb plants (ex. Glory lily’s, dahlias, and tulips) on a 6-tier 5 feet – 40 feet channel of choice. Designed to maximize the seasonal output for indoor and outdoor, the company’s growth system will allow a grower to harvest 3 – 4 times more per season, nearly maximizing a yearly crop harvest by 10 times through the traditional soil methods, and will be environmentally friendly with little to no waste emissions. As an aquaponics system, the combination use of raising fish and growing plants in a symbiotic environment, a grower will not only be limited to farming produce, but will also have the ability to simultaneously raise approximately 1,000 fish in a 1,300 gallon reservoir and reduce the need for fertilizer and water. Compare to traditional farming, RDXH’s vertical grow system uses 75% less water and only requires 3 – 4 full time planters and harvester for a 1,000 row farm.

Furthermore, the company aims to expand its technology into the $7 billion Floral Industry that can greatly benefit from the vertical grow system as worldwide climate change has caused a flower shortage and over 100% wholesale price due to disease. With the use of the vertical grow system in an indoor greenhouse environment, growers will not only have the ability to produce 10 times more, but will also be able to control the temperature to limit disease.Additional expansion by the company is also aimed towards building over 300 systems on 10 acres of farm and potentially expand on the 100 acres that are available to RDXH.

 

Website(s): www.leotechholdingsinc.com

 

Market Outlook:

  • Organic food is made without the use of toxic and persistent pesticides, fertilizers, synthetic hormones, antibiotics, or genetic engineering such as sewage sludge or irradiation.
  • The global population is increasing 1.5% annually therefore the need for food grows each year.
  • In 2014, U.S. supermarket sales totaled $630 billion.
  • According to a recent USA Today article, organic food had record revenues of $36 billion in 2014 and is predicted to increase 12% – 15% over the next 3 years.
  • Increase demand for organic produce has led to a shortage and sky-high prices.
  • Due to the organic produce shortage in the U.S., livestock producers requiring organic feed must import from overseas.
  • The world’s largest retailer, Walmart, carries over 1,600 organic items in over 4,500 U.S. stores and works with farmers and other suppliers to outline their organic needs for the next 3 -5 years.
  • According to Research and Markets, the global hydroponics crop value is predicted to grow from $18.8 billion in 2014 to $27.29 billion by 2020.
  • For the same area of land, the hydroponics yield is on average 10 times more than the traditional soil based farming and can deliver approximately a 30% faster harvest time.
  • By 2020, the U.S. is anticipated to lead the North American Hydroponics market as it is expected to grow at a CAGR of 9.10% .
  • Currently ranked 15th in aquaculture production, aquaculture is one of thefastest growing segments in the U.S.
  • According to the 2013 aquaculture census by the U.S. Department of Agriculture, the value of aquaculture in the U.S. is approximately $1.3 billion.
  • Through the use of aquaponics, nutrients are self-produced through the recirculation of fish waste and reduces the amount of exposure to disease and pest.

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