AgriClimate Tech company iyris (formerly RedSea) has signed a Memorandum of Understanding (MoU) with Magrabi Agriculture, it has been announced.
The strategic MoU covers sales of iyris’ technologies to Magrabi Agriculture for deployment in its Egyptian farming facilities and to support its international operations.
This includes its SecondSky greenhouse covers and data platform, as well as access to all upcoming iyris innovations.
SecondSky covers can reduce energy consumption by over 40 per cent, and cut water use by 30 per cent, it was shared.
Thirty hectares of iyris SecondSky roofs have already been installed on a major government-owned site in Egypt.
Bruno De Oliveira, recently appointed VP of East Africa & Egypt at iyris, commented: “I am thrilled to announce this MoU with our valued partners at Magrabi Agriculture. This builds on our rapid growth in Egypt – a market that knows, firsthand, the impact of accelerating climate change, and where growers can benefit from our suite of AgriClimate technologies. Today’s news shows our commitment to partnering with sustainable operators – and we are excited to have Magrabi in our portfolio of esteemed, market-leading partners.”
Ehad El Maghraby, Director of Planning & Development at Magrabi Agriculture, said: “Innovation, quality and resource efficiency are key drivers across the Magrabi business. In iyris, we have a partner that has developed a suite of hot climate agriculture technologies that will contribute significantly to our capability to sustainably serve our international client base.
iyris technologies are targeted to hot climate agriculture, extending the growing season, reducing crop inputs and improving the quality of produce delivered, and that aligns completely with our business objectives. We are excited about how this partnership will enable us to grow our business and meet the increasing need to supply high quality produce to all our export markets that have suffered from the impact of increasing high heat on yield.”
iyris’ recently rebranded from RedSea, reflecting its transition to a pure-play technology company. Its technologies are now deployed and used by growers in eleven countries across five continents.