S6E77: Nadun Hennayaka / GAIA Project Australia - Creating a More Symbiotic Relationship Between Mankind & Planet Earth
Episode Summary
Nadun Hennayaka is the Founder and CEO at GAIA Project Australia, an organization with a vision to combine the most developed technologies to produce sustainable food & electricity to every human on this planet. Nadun has over twenty years of experience in engineering and technology and is well-versed in the global technology arena. Today, he and Harry discuss the current offerings of GAIA Project Australia, their recent partnership with NASA, and the ways in which Nadun is shining a light on hydroponics and vertical farming.
Thanks to Our Sponsors
Bio520
Key Takeaways
07:13 – Nadun Hennayaka joins the show to discuss his educational background, the unpredictable weather of Melbourne, and the origins of GAIA Project
15:32 – Nadun speaks to the eclectic projects he’s working on, from renewable energy to hydroponics
17:52 – The current offerings of GAIA Project Australia
20:26 – Partnering with NASA
25:25 – Shining a light on hydroponics and vertical farming
28:05 – The role that mentors played in Nadun’s career and how Nadun thinks about team building
33:21 – Nadun’s goal for GAIA Project Australia and Nadun’s ‘Why’
40:15 – What Nadun does to relax and unwind
41:43 – A tough question Nadun has had to ask himself recently, something he’s changed his mind about recently, and what he’s most looking forward to
48:36 – A specific ask Nadun has for his peers and colleagues in this space
49:29 – Harry thanks Nadun for joining the show and lets listeners know where they can go to connect with her and learn more about GAIA Project Australia
Tweetable Quotes
“Happiness is a byproduct of service. So, doing something for the betterment of mankind truly was something I wanted to do.” (12:15) (Nadun)
“As you know, hydroponics is not a fix for everything in the food sector. We can fix approximately fifteen to twenty percent of the food sector, maximum. But, if you can fix twenty percent, you only have eighty percent to fix. So the problem is lesser.” (25:10) (Nadun)
“My original plan, two years ago, was truly to build a full turnkey supply, to go from everything from the channels, to the Hvac, to the automation. What I have learned is you don’t have to reinvent the wheel. There’s someone who’s already invented certain components and are really great at it. And, if you have something great, why don’t we just collaborate with each other’s companies and come up with a single solution?” (33:36) (Nadun)
“I’m glad I have chosen a path that I think there’s a potential for it [GAIA Project] to be something really great that can truly change or help mankind. For me, I want to make sure the world is a better place because I was here.” (39:38) (Nadun)
Resources Mentioned
Nadun’s LinkedIn – https://www.linkedin.com/in/nadunhennayaka/?originalSubdomain=au
GAIA Project Australia – https://gaiaprojectaustralia.com.au/
GAIA Project Australia Instagram – https://www.instagram.com/gaiaprojectaustralia/
GAIA Project Australia Facebook – https://www.facebook.com/profile.php?id=100077527422613
GAIA Project Australia LinkedIn – https://www.linkedin.com/company/gaia-project-australia/
Connect With Us
VFP - LinkedIn - https://www.linkedin.com/company/verticalfarmingpodcast
VFP Twitter - https://twitter.com/VerticalFarmPod
VFP Instagram - https://www.instagram.com/direct/inbox/
VFP Facebook - https://www.facebook.com/VerticalFarmPod
Vertical Farming Jobs - http://verticalfarmingjobs.com
Vertical Farming Weekly - www.getrevue.co/profile/verticalfarmingpodcast
Sponsor Links
Cultivatd’s Website – https://cultivatd.com/
Cultivatd’s Instagram – https://www.instagram.com/cultivatdco/
Cultivatd’s Twitter – https://twitter.com/cultivatd
Cultivatd’s Facebook – https://www.facebook.com/cultivatd/
🎙️🎙️🎙️
Podcast Production and Marketing by FullCast
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
$680 million poured into precision ag last year.
Speaker:Autonomous weeding robots dominated, and John Deere made 2 acquisitions in 3
Speaker:months. A food company, not an equipment maker, bought a
Speaker:robotics startup to protect its own supply chain. The deals are
Speaker:accelerating, the money is moving, and the winners are already separating from the
Speaker:pack. If you're investing, building, or buying in this space,
Speaker:you need the full picture before your competitors get it. The 2025
Speaker:Precision Agriculture Intelligence Report From iGrow News is now
Speaker:available. Get your copy today at
Speaker:igrownews.com/precision. If you are starting a
Speaker:vertical farm and don't know where to begin or which technology would suit your needs,
Speaker:then reach out to the experts at Cultivated. As indoor farm brokers, they
Speaker:help connect you to the right technology and ensure your project is successful.
Speaker:Best of all, their service is free because they work on behalf of their
Speaker:partners. Visit cultivated.com to learn more. And
Speaker:that's spelled C-U-L-T-I-V-A-T-D.com,
Speaker:or click the link in the show notes. If you take, for example, traditional farming,
Speaker:you can grow around 15 heads of lettuce per square meter because you
Speaker:lose a lot of space to walk around. Then you move into, in the same
Speaker:area. So that's, that's the betterness of mankind truly was, was
Speaker:something I'm searching for. That time ISS was slowly starting to work on
Speaker:growing plants in space. So they, there was also potential there, you know, because
Speaker:like for us when we started, so we got this place in Docklands near the
Speaker:harbour because we really got a nice— has significant potential. So for
Speaker:me, getting up in the morning and work 7 days a week is channel supplies
Speaker:in US. Created this platform is really for people who's in this sector. So
Speaker:I'm currently using an NFT system monitoring film techniques,
Speaker:just normal channel systems that very familiar in the hydroponic
Speaker:systems I'm used to doing.
Speaker:Welcome to the Vertical Farming
Speaker:Podcast. Weekly conversations with fascinating CEOs,
Speaker:founders, and agtech visionaries. Join us every week
Speaker:as we dive deep into the world of vertical farming with your
Speaker:host, Harry Duran. Vertical Farming Podcast Season 6.
Speaker:Welcome back to all my regular listeners
Speaker:and anyone who's found the show over the years or over the past
Speaker:months or even recently, and it's just maybe listened to one or two
Speaker:Welcome back. I appreciate you taking the time out of your busy
Speaker:day to listen to these episodes. I've been learning so much since I
Speaker:started the show, and I know based on the feedback that I've gotten that you
Speaker:have as well. So I really appreciate you being a
Speaker:regular listener. If this is your first time listening and you just
Speaker:found this show because of a recommendation, then make sure to thank your
Speaker:friend on my behalf. This is the one where we interview fascinating
Speaker:CEOs and founders of the leading vertical farming companies from around the
Speaker:world, and I'm your host, Harry Duran. In case you missed last week's episode,
Speaker:I spoke with Magdalena Zaworska. She's the co-founder and CEO of Nanga
Speaker:Tech. It's a company that's using nanogas technology to boost the productivity of
Speaker:farming. From her hometown of Warsaw, Poland, we had a great discussion about
Speaker:her background in psychology, the numerous benefits that nanogas and
Speaker:nanobubble technology has for the agtech industry,
Speaker:and as such, it was a very helpful and enlightening conversation
Speaker:for myself and for my listeners. Make sure you check that out. This week we
Speaker:head down under and speak with Nadun Hanayaka. He's the founder and CEO at
Speaker:Gaia Project Australia. It's a company whose goal
Speaker:it is to produce sustainable food and electricity to every human on
Speaker:this planet. That's definitely an ambitious goal, and if
Speaker:anyone's going to make it happen, after this conversation with Nadun, I figure he's
Speaker:well poised to do that. He has over 20 years of experience in engineering and
Speaker:technology and is well versed in the global tech
Speaker:arena. We discussed the current offerings of Gaia Project Australia, their
Speaker:recent partnership with NASA, and the ways in which Nadoon is shining a
Speaker:light on hydroponics and vertical farming. Very
Speaker:enjoyable. I never know what to expect with these conversations, and I'm never
Speaker:disappointed. It's fascinating to see where they're headed. I always like
Speaker:to ask folks to leave a rating or review on this podcast,
Speaker:and I'd like to be completely open and let you know that I received my
Speaker:first 1-star review. So I don't want to call out the
Speaker:person who read it, but I do take all of those to heart.
Speaker:It just feels like there's a tone in these conversations that
Speaker:he or she was not vibing with. And
Speaker:by all means, I understand that I'm not for everyone, and at some
Speaker:point I may inject some of my own personality here or my
Speaker:personal preferences. That's not intentional, but that's something that just comes up in the
Speaker:course of these conversations that I have with these amazing leaders of these
Speaker:companies. So again, I appreciate this
Speaker:listener From all indications, they've been a longtime listener. And for all your
Speaker:listenership up until that point, I truly appreciate you and thank you
Speaker:for listening and providing that feedback. That's not going to deter me from continuing
Speaker:to ask for you, the regular listeners, the folks who keep on coming back, who
Speaker:are getting value from this show, to leave me a rating and a review at
Speaker:ratethispodcast.com/vfp. Okay, before
Speaker:we jump into this uninterrupted conversation with Nadun, here are a few words from the
Speaker:folks that support this show. This episode is brought to you by Indoor
Speaker:AgCon 2023. I'm so happy to have been working with the
Speaker:team last year. Indoor AgCon 2022 was my
Speaker:very first indoor farming conference, so it was really eye-opening for me. So
Speaker:I'll always be grateful to the team there for rolling out that carpet for me,
Speaker:and I really had a good time meeting a lot of past guests and excited
Speaker:to join them again this year. Entering its 10th year in a row, it's the
Speaker:largest trade show and conference for vertical farming in CEA, and it's returning to
Speaker:Caesars Forum Conference Center in Las Vegas on February 27th
Speaker:and 28th of 2023. Once again, they'll be co-located with the National Growers
Speaker:Association Show as well, which is a really good fit for them. The conference
Speaker:keeps growing, and this year it's doubled in size. The expo floor now has
Speaker:more than 170 booths filled with new product resources and
Speaker:solutions to explore. You'll hear from experts including CEOs,
Speaker:growers, investors, and others in the field during this full-scale
Speaker:educational conference. As always, you'll be able to connect with peers, grocers, and other
Speaker:potential new business partners at their great networking events. I haven't even gotten
Speaker:to the best part. The team at Indoor AgCon has given
Speaker:listeners of this show 20% off their full
Speaker:access conference pass. All you have to do is use promo code
Speaker:VFP, as in Vertical Farming Podcast, and sign up at
Speaker:indoor.ag. See you there. Regular listeners to
Speaker:the show will know that we are also fans of the work being done by
Speaker:the iGrow News team. The team at iGrow has been kind enough to provide
Speaker:a free month of their paid subscription to the Indoor Vertical Farming
Speaker:newsletter, and those will be available to the first 3 listeners
Speaker:that send in a review. So
Speaker:ratethispodcast.com/vfp, the first 3 reviews that come
Speaker:in. Once it's sent, send an email to harry@verticalfarmingpodcast.com
Speaker:along with your preferred email, and we'll be sure to get that set up for
Speaker:you. So Nadun Henaika, CEO at Gaia Project Australia,
Speaker:thank you so much for Thank you for being patient with me today and joining
Speaker:me on the Vertical Farming Podcast. Thank you for giving me the opportunity.
Speaker:It's great to chat to you, Harry. So I want to always let people know
Speaker:that taking imperfect action is always great and nothing
Speaker:ever goes the way you want it to. So, I mean, Dylan was on the
Speaker:session today and I wasn't.
Speaker:And it's just, I think sometimes as podcasters, because I have my first show I
Speaker:started in 2014 called Podcast Junkies and I interview other podcasters.
Speaker:And so I've been doing that for 8 years, 300+ episodes. And I've— so I've
Speaker:seen everything that can happen since. It doesn't surprise me anymore.
Speaker:And sometimes I'm the cause of it too. So I have to— but, you know,
Speaker:real life sometimes takes over sometimes. And I think it's just a reminder sometimes
Speaker:that we all try to project this like perfect image online that everything, we've got
Speaker:it under control, but it's like the ducks on the water, right? Underneath their
Speaker:feet are like flapping really, really fast. Yeah. That
Speaker:is true. That is true. I have seen that only, only quite recently. I was
Speaker:like, oh, they're so peaceful in the water. But no, it's not when you go
Speaker:under. So where's, for the benefit of listener, where's home for you?
Speaker:It is in Melbourne, Australia. Okay. How long you been there?
Speaker:Been there since 2007. So it's been a while now. So
Speaker:yeah, I migrated from the next door neighbor from New Zealand.
Speaker:So it's, uh, was also a good journey. And I love it here. I mean,
Speaker:this is one of the best cities I've ever been in. So yeah, I'm gonna
Speaker:call it home from now on. What's one of the least appreciated
Speaker:things about Melbourne that most people don't know about? Well, I would say it
Speaker:is the weather. It is quite unpredictable. You know, we start nice and sunny, then
Speaker:2 hours later it's winter clothing back on. So
Speaker:yeah. Yeah, very cool. And so where did
Speaker:you study university? So I did my
Speaker:studies, my school and university in New Zealand. So I studied in University
Speaker:of Auckland. Okay. I finished my bachelor's around
Speaker:mid-2000. I did 6 years in university. So, you know, I
Speaker:started with engineering, then I swapped degrees, took a year off. So it was
Speaker:a whole roller coaster ride. Yeah, it was great.
Speaker:Where did your passion for engineering come from? It was an— all right,
Speaker:so it's not really a passion, but I've been— for me, my whole
Speaker:family, my parents, my mom, dad, my uncles, my sister is an engineer,
Speaker:my brother's a doctor. So our family's always just trying
Speaker:to push everyone through to, you know, get to the best. I'm
Speaker:truly happy about it. But yeah, I mean, I did engineering for them, but
Speaker:to realize it now, I mean, it's really coming handy, you know, after about 20
Speaker:years of studying. So yeah. And so what was those
Speaker:early jobs like? Was it what you thought it would be when you graduated from
Speaker:uni? Oh no. So, I mean, to be honest, so even
Speaker:though I started with engineering, after second year I quit. I mean, I just couldn't
Speaker:deal with it. So I took some time off, then I finished my bachelor's in
Speaker:commerce and business majors, and I did network engineering as
Speaker:well. So I did work in engineering field, but more towards the
Speaker:IT or the IoT sector. And yeah, look, everything was great.
Speaker:I mean, job was job for me for till about for my whole 20s. And
Speaker:after things kind of took turn after I turned 30, you know, that's when I
Speaker:kind of figure out, looking to figure out your life. Not like
Speaker:some people. I'm, I think some people are lucky to know what they want to
Speaker:do early days. I wasn't one of them. So I
Speaker:think they think they do, and then when they realize, like, when the real world
Speaker:kicks in, and then you realize, like, we're— we have so many different things
Speaker:that light us up, so many different passions, and it's not— I don't think— and
Speaker:then I'm Latino, so I understand, like, immigrant parents, like, expecting
Speaker:a certain thing to happen for, for their son, and it's only because they want
Speaker:the best for them. So that's definitely why, but You know, we start to have
Speaker:different likes and different passions, and I think things start to come awake for us
Speaker:as we try new things. Oh no, 100%. I truly agree. I
Speaker:think always parents, what they do is with their best intentions. I'm truly thankful
Speaker:for what they did. I mean, all the goods. Yes, I mean, I was one
Speaker:of the roughest kids to deal with back in the day. All I know, things
Speaker:have passed from now. They're proud of you now though, I'm
Speaker:sure. Hopefully. I mean, very hard to please our parents, you know. So
Speaker:I'm sure you know as well. Yeah, there's always like,
Speaker:You bring home the, the B+ and it's like, uh, could have tried a
Speaker:little harder. You know,
Speaker:yeah, sure. So with a name like, uh, Gaia
Speaker:Project, obviously there's something aspirational there, some thought
Speaker:about maybe what was happening or what you were seeing happening on a
Speaker:global scale. So what was coming alive for you as you
Speaker:started to think about, you know, the creation of this new company? It is, I
Speaker:mean, Mine all started pretty much straight after
Speaker:I turned 30. So I mean, I was happy with my corporate jobs, you know,
Speaker:it was all good. But then after I turned 30, I was like, you know
Speaker:what, I need to figure out a purpose in my life. So I did more
Speaker:traveling, read a lot of books. I think the fundamentals
Speaker:of my understanding from all of that is life is—
Speaker:happiness is a byproduct of service in my point of view.
Speaker:So I think it's just doing something to betterness of
Speaker:mankind truly was something I'm searching for and I want to do.
Speaker:And I think that's how Gaia came across. Gaia is another name for Earth. So
Speaker:it was like my company is built for Earth project. It's to
Speaker:make this place better for us and also the animals, you know,
Speaker:everything around us, the nature, the biosphere, the whole thing. So
Speaker:yeah, I mean, and it's truly wholehearted. That was the main reason this was
Speaker:built. And yeah. What were— who were you working with or who was
Speaker:inspiring you or kind of who did you have as a sounding board for some
Speaker:of these ideas? Early on. So I mean, for me to figure out what
Speaker:I really want to do, because I want to make positive impacts. So I mean,
Speaker:earlier days, like around 2015, 2016, I started looking into
Speaker:renewable energy because I truly had a passion. I'm like, look, there is a
Speaker:big solution that we can support and implement. So I look into Southeast
Speaker:Asia in renewable energy projects for commercial scale.
Speaker:And through that, I learned about waste-to-energy, which
Speaker:is called plasma gasification. I mean, I still don't know how this tech is not
Speaker:really commercialized still, like is really great. Like, there's companies in Japan and
Speaker:India, they're really working closely with new tech. So then I kind
Speaker:of stumbled upon this Netherlands company who's using air bubbles
Speaker:to filter plastic from the water without
Speaker:harming the fish. Wow. So that's like, so my goal was to build
Speaker:this air bubble because like in Southeast Asia, it's one of the biggest countries that
Speaker:pollute the ocean, you know, plastics and then creating all these
Speaker:unnecessary problems. So I was like, you know, what if you can capture this plastic,
Speaker:put into these waste-to-energy platforms, and then create energy from
Speaker:waste? But then, so this is how I stumbled upon vertical farming.
Speaker:Then I was like, well, you still have a byproduct of CO2. How do you
Speaker:mitigate CO2? Because this is the biggest greenhouse gas problem. Yes, of
Speaker:course. And yeah, so I think hydroponics came in. They were like, you know what,
Speaker:plants use a lot of CO2. So I mean, that's a great place to
Speaker:offset the CO2 so people can eat and go back into the soil.
Speaker:And then, uh, yes, the purple lights in vertical farms was the one that really
Speaker:took me in. I was like, wow, what is this? You know, this looks like
Speaker:a nightclub. It does. And I can actually work on this
Speaker:place. Yeah, yeah. You mentioned the
Speaker:hydroponics. Obviously, it's almost like the gateway into vertical farming. But
Speaker:were you not then starting to notice other companies in the space? Other—
Speaker:obviously, I'm sure you started doing research. And so where— what type of
Speaker:rabbit holes were you going down? Yeah, so like for example, Australia and
Speaker:New Zealand, we're not really big on hydroponics till like early
Speaker:2020s. So I mean, the inspiration kind of came from AeroFarms
Speaker:because they started their research in early 2012-13, and
Speaker:I saw their test farms back in the days. I was like, this is
Speaker:crazy, how do people grow things upwards? It was straight up out of a
Speaker:comic book. So I was like, oh, you know what, like, you know, when you're
Speaker:truly interested in something, for me, I really wanted to break it down to figure
Speaker:out how does this work, how— I mean, because it was just amazing. I'm
Speaker:like, how can I be a part of this? That was the idea. And I
Speaker:looked into NASA. I mean, that time ISS was slowly starting to work
Speaker:on growing plants in space, so there was also potential there,
Speaker:you know. So I thought, you know, this is something definitely worthwhile
Speaker:looking into. So slowly digged in, and, uh, yeah, 3, 4 years
Speaker:later, I'm here. So good journey so far. Yeah, I was
Speaker:looking at some of the projects you had been working on when you got started
Speaker:in 2017 and focused on some plastic removal
Speaker:strategies as well, and then waste-to-energy,
Speaker:solar utility, and then sustainable farming. Were you sort of
Speaker:kind of thinking about what the company was going to be and what were some
Speaker:of the projects that were getting some traction for you? Yeah, it was. It's crazy
Speaker:because, I mean, I always thought renewable was my path. We're like, this is it,
Speaker:I'm going to stick to this. And then suddenly went to waste-to-energy, then I'm like,
Speaker:oh, you know what, this is it, this is what I'm going to stick to.
Speaker:But It's like, because I wasn't really set on, you know, this is the
Speaker:only road that I really want to be in. And that's why I kind of
Speaker:keep exploring what I want to do. For me, my life is quite simple. I'm
Speaker:single, I'm kind of middle-aged, but I really want to devote it for something
Speaker:meaningful for myself that I think is beneficial. Yeah.
Speaker:So, and I don't know, something about this hydroponic systems really got— and
Speaker:that's when I like, because how this whole system kind of came
Speaker:across was I'm kind of an amateur stargazer. So I got a couple of different
Speaker:telescopes at home. kind of from the old school ones to the new age ones.
Speaker:So my channels are oscillating. And then how this came
Speaker:across was it's a telescopic kind of method that you used by the old
Speaker:telescopes. So this is how this whole story of our patented channel
Speaker:started. So yeah. Wow. When did that passion start?
Speaker:Probably around late 2018. And I, 'cause I thought about like, you
Speaker:know, planting we've done for the last 800 years, you know, from the Dark
Speaker:Ages, it's always been linear. Yeah. But we have improved so much on
Speaker:certain other things like controlling the light frequency, how to
Speaker:deliver the nutrients directly into the root. But then why do we still
Speaker:need to keep preset fixed distance spacing? I mean, it's all
Speaker:good when you have natural farming like Australia, you know, when you
Speaker:have unlimited land and water, that's fine. Yeah. But that's not the case in the
Speaker:future. But then you look at farms like Eurofarms. So if you're going
Speaker:upwards and if you're 100% depending on, you know, artificial
Speaker:lighting, cooling, HVAC, that's a significant energy. So every cent
Speaker:saved square centimeter matters. So the idea is how to
Speaker:get the best out of it, how to increase the density. And that's what I
Speaker:thought, you know, why don't we make things, why don't we grow our— make our
Speaker:channels to grow with the plants rather than the other way around, make the nature
Speaker:fit for us. Why don't we fit the nature? So yeah, that's, that's the
Speaker:fundamentals of it. So exciting. So for folks who are
Speaker:not familiar with Gaia Project in its current iteration and what the current offerings
Speaker:are, how do you explain to people
Speaker:like what your current offering stack looks like and then who is an
Speaker:ideal customer? Sure, sure. So how our systems work is, so
Speaker:it's very, very simple and straightforward. So if we currently
Speaker:using an NFT system or nutrient film techniques, just normal channel
Speaker:systems that very familiar in the hydroponic systems on leafy greens.
Speaker:And our channels are very easily retrofitting. So it's a normal 50 by 100
Speaker:similar channel. But the difference in our ones is it's a
Speaker:telescopic So the pay-tender, there's 3 main components on our
Speaker:channels. That's the individual channel, there's a smaller and a bigger one that
Speaker:goes in and out. And then there's a top tray system that supports each plant.
Speaker:So if you take, for example, traditional farming, you can grow
Speaker:around 15 heads of lettuce per square meter because you lose a lot of
Speaker:space to walk around. Yeah. Then you move into standard or
Speaker:traditional greenhouses that can push about 25 plants per square meter. I'm talking
Speaker:about mature lettuce heads. So that's about 2 200 millimeters in size. Then you
Speaker:go to advanced greenhouses such as the ones in Netherlands like
Speaker:Hortiplant, they have robotics and everything with moving gully systems.
Speaker:They can push around 35 plants per square meter. And our
Speaker:system can push over 50 plants per square meter. Now that's
Speaker:a huge jump. Wow. So we're moving from just a normal
Speaker:25 or 35 to 50 plants per square meter. So that's doubling the
Speaker:output in the same area. So that's the difference. So we increase the
Speaker:density of the plants from the initial first second week up until the
Speaker:final week of the growth. So the channels expand only as the plant needs. So
Speaker:that's where the difference is. So for us, the concentrating for the next
Speaker:few years is we have done just over 3 years of testing
Speaker:on our channels. So they are pretty much market ready. So goal
Speaker:is to concentrate on selling our channels to the public within
Speaker:Australia for the next 12 months, just to get further idea of
Speaker:how the large-scale systems work. Like we already have a pre-sales customer who's
Speaker:a Queensland farmer who heard about our system. We had a chat and he was
Speaker:really keen on the system and I'm quite happy about it now. Yeah. We do
Speaker:have another customer from South Africa who want to build a
Speaker:2,500 square meter large-scale farm. And we do have a lot of
Speaker:interest from large-scale farms now in Australia. So it's really
Speaker:great to see that feedback from people without even going into
Speaker:the market. So, and that's the one side. So that's called our Earth Project side.
Speaker:side. So we always have the other component for NASA we're doing is for the
Speaker:space project. So there's 2 arms we're constantly working on, which is
Speaker:amazing. Like, you know, something I didn't even dream of 20 years ago.
Speaker:So explain a little bit about what you're doing on this, on the NASA side.
Speaker:Yeah, so NASA was just a random stumble-upon story.
Speaker:So how, when I came up with the idea in 2019, so I'm sure,
Speaker:Harry, you know quite well about this sector. I mean, I did listen to a
Speaker:couple of very good podcasts of yours as well. So it
Speaker:is big on both. And, you know, in the space, you do need this
Speaker:kind of solution. But when I came up with this idea to double the
Speaker:output, I tried to get funding or support, like joining a incubator
Speaker:accelerator, but then people thought I was a bit crazy because I don't really have
Speaker:much of a background on agriculture, right? Yeah, who's this guy? Who's this
Speaker:guy coming up and say, you know, you got a better solution for a $40
Speaker:billion industry? So But for 2 years, I couldn't get support or
Speaker:validation from anyone. So around 2021, I was like,
Speaker:okay, you know what, I got nothing to lose, then, you know, just getting to
Speaker:the best brains in the world to have a look at the system. So fortunately,
Speaker:at that time— Yeah. NASA had a deep space food challenge where they
Speaker:basically applied, open for the whole world, that you
Speaker:can supply your designs that you think that a system that can provide the
Speaker:highest output for the lowest amount of input. So I designed a new system
Speaker:according to their very strict parameters, did animation for the
Speaker:system, and just submitted it. Thought, you know, why not? Let's see
Speaker:how this flies out. Then yeah, a few months later, I got a callback
Speaker:from them saying, hey, you know, you actually won the International Innovation Award. I was
Speaker:like, oh wow, you know, this was completely
Speaker:unexpected. It's
Speaker:really— It was. I was like, you know what, if I can get validation from
Speaker:anyone, I think the best of the brains say, you know, this has potential. I
Speaker:was like, oh wow, finally there's something, there's a break. You know, and yeah, so
Speaker:the whole announcement went on NASA TV and it was presented by
Speaker:the astronaut Scott Kelly. He was one of the first people who did the
Speaker:lettuce on the ISS and then had the taste. So he's like, oh, look, we
Speaker:truly love your system and what you guys are doing. Wow. So now we're building
Speaker:a prototype for them for end of this year. We're building it in
Speaker:Melbourne. So a similar platform we're building for them. It's for a
Speaker:3-year mission that can support 4 astronauts on long-duration
Speaker:flights. So we're currently testing them on 0.9g.
Speaker:Down in about another 2 years, we'll go microgravity. So
Speaker:system is 2 cubic meters. We can supply around 600 to 800
Speaker:grams of leafy greens on the spaceships. So that's the idea
Speaker:of the system prototype we're building. Yes. And yeah, so
Speaker:our main components are, we have,
Speaker:the channels are made from HDPE, so it's recyclable, and then we have
Speaker:zero waste because of the roots and the pods coming out of them,
Speaker:roots goes back to a mycelium network to grow mushrooms. So it's a very
Speaker:closed-loop system. Yeah, so it's quite interesting doing that every day.
Speaker:And I do love coming to work nowadays. Yeah, a couple of
Speaker:questions. Are they going to let you be the repair guy and fly out to
Speaker:space in case something breaks? I'm really hoping so. I'm one of the guys who
Speaker:are waiting till Elon just land his first rocket in Mars. I'm like, yes, please
Speaker:sign me in. I'll be your horticulturalist. Yeah, yeah,
Speaker:yeah, yeah, that's the most long-distance repair guy
Speaker:visit. I'm here to fix the
Speaker:hydroponics, you know. 6-month trip one way. Yeah,
Speaker:that's crazy. What were some of the challenges that
Speaker:you were encountering when you're trying to create a system
Speaker:to be supported in that environment as opposed to what you would traditionally have to
Speaker:do? do here on the ground? Parameters-wise, it's all at the moment is
Speaker:very same. Like, so we, because our initial stages for the
Speaker:next, even for the next stage for the next 12 months, as well for Phase
Speaker:3, is always trying on 1G. We're not going to go below that. Because
Speaker:once our initial setup of the expansion is done, because currently
Speaker:ISS, I mean, it's not, it's about an 8-year project now. And it's moving to
Speaker:Artemis program as well. They've been testing this things called
Speaker:pillows or pillow beds that they have the nutrients and everything comes in and the
Speaker:pillow beds expand as the plant expands. Now, these systems are already there.
Speaker:So our goal is to supplement our channel systems with
Speaker:these pillows to further increase. So that's a pathway.
Speaker:Because it's very hard for NFT channels to run on zero-G. We can,
Speaker:we might have maybe possibilities of running on Mars because they have about a
Speaker:0.38 G. But with lunar surfaces where you have zero-G, it's
Speaker:quite impossible. possible to have water flowing through because it'll be everywhere. So that's why
Speaker:you kind of have to have a locked-in system. End of the day, for us,
Speaker:NASA has always been this really
Speaker:nice prize we want, you know. I mean, I love the
Speaker:development of that. And end of the day, look, I think it's like you learn
Speaker:from the mistake we made from Earth and we are like, let's not— if you
Speaker:go to another planet, let's do this right this time, you know. And then that's
Speaker:a far away goal, but I think the urgency for me is to deploy
Speaker:this around here. I mean, as you know, Harry,
Speaker:hydroponics is not a fix for everything of the food sector. You know, we can
Speaker:fix about 15 to 20% of the food sector maximum. So I mean,
Speaker:if you can fix 20%, you know, you only have 80% to fix. So, you
Speaker:know, it's a problem. It's less. Yeah, yeah, yeah, yeah, true. And so
Speaker:I'm curious, when you think about the opportunity that
Speaker:you have to work with NASA and how that's making It's almost from a
Speaker:visibility perspective to really shining a light on
Speaker:hydroponics and vertical farming, especially when you get that success.
Speaker:Where do you test these environments here? So at the moment,
Speaker:we're currently building the systems on our end. So one of the complex
Speaker:stages we need to bypass now is— so the restrictions we have is
Speaker:one of the key ones that is really struggling for us on our end is
Speaker:system size. So for us to deliver See,
Speaker:initially it's always easy to design and draw this and animate it and then send
Speaker:it to NASA and get the tick off, right? Now they said, all right boys,
Speaker:we like your system, now you gotta build it. You're like, okay, now this is
Speaker:it. Yeah, yeah. It's not that hard. It's the hard part. Because it's a very
Speaker:small area, we got 2 cubic meters to build this entire
Speaker:system, and we're growing 120+ plants on this
Speaker:2 cubic meter system. And it's— that includes tanks,
Speaker:nutrition, nurseries, microgreens system, systems, a whole lot had to be
Speaker:squashed into this one small area, which is something we're
Speaker:currently doing. We got the channels right now. Now we just need to build the
Speaker:rest of the electronics on the system. And yeah, so once—
Speaker:I'm quite confident we're going to achieve this in the next 3 months. And then,
Speaker:of course, we have our assessment in December. Okay. And it'll be open to public
Speaker:afterwards in Melbourne as well. So people can see, you know, what might be in
Speaker:the space in the future. So, and yeah, and then after end of next
Speaker:year, After we pass phase 3, we're trying to set our systems on
Speaker:microgravity. Most probably try companies like Axiom. Okay. Or
Speaker:someone to take our channels up to the space and then test drive
Speaker:them. But yeah, it's because the thing for us is, as you know, Harry, we're
Speaker:a startup, so, you know, budget is always tight. So we are like, okay, let's
Speaker:try to put the money in something that may be profitable so we can get
Speaker:some revenue rather than working on space. That's pretty
Speaker:hard, you know, to get funding for us. So
Speaker:yeah, yeah, yeah. Is this your first time as a CEO?
Speaker:I have. So I've been head of operations on companies
Speaker:on most of the C-level, but I did have 2 other startups previously. I mean,
Speaker:one of them was MySolar. Okay. The one before that was a recruiting company
Speaker:back in the— I think about 15 years ago I started. I didn't
Speaker:really have the soul for it. So yeah, so this is a whole new
Speaker:gig now, but managing people was something I'd done for about for 10 years. So,
Speaker:and I kind of really understand the environment, how to be a nice person, then,
Speaker:you know, treat people right. Yeah, that's usually CEO.
Speaker:Yeah, it is, it is. I think once you work with a lot of other
Speaker:people, you're like, you know, what's the best of that person? And then learn from
Speaker:that and make sure you, you be that for them, for your staff.
Speaker:Did you have relationships with mentors or anyone who helped guide you
Speaker:along the way or provide advice in your career? In my
Speaker:career, I mean, I was lucky. I mean, I was fortunate to work
Speaker:with big industry companies. Like, I was with Acer and then I was with
Speaker:Senacom. That's a company who optioned me for, like, I mean, I worked closely
Speaker:with Apple. We built one of the first third-party service centers with Apple
Speaker:and worked with Cisco, Microsoft. So there's a lot of
Speaker:corporate environments that I got really used to, especially
Speaker:dealing with garments and everything. And when you get exposed to all these
Speaker:different environments and people, you kind of get the vibe on how their
Speaker:team works and what people like and they don't. I think I always
Speaker:look at that and then get— that's why I always love meetings in person because
Speaker:you get the feel rather than just a voice. And then yeah, I learned through
Speaker:that. I'm hoping my guys probably, when they listen to this, you know,
Speaker:if I have— if I do anything bad, do let me know.
Speaker:What were you thinking about when you first get started like
Speaker:this? There's so many different roles to fill and so many different positions and you're
Speaker:trying to think about What, how to build a team for the vision that you
Speaker:have? And, and maybe for you it's even more challenging because you've pivoted a couple
Speaker:of times. So, you know, how did you think about team growth
Speaker:in those early days? Yeah, I think early days was the hardest. I mean, even
Speaker:now, I mean, I'm still the CEO, I'm the senior architect, the
Speaker:designer, the engineer, and also the cleaner on the weekend. So I mean, I
Speaker:wear all the hats still till today, so it hasn't changed much.
Speaker:Yes, but I think earlier days, one of the greatest lessons I learned
Speaker:was being efficient in your business. Like for me, I didn't have any CAD
Speaker:experience. I didn't know any design drawings like AutoCAD, Autodesk,
Speaker:but most of my systems had to be built on this platform to even to
Speaker:run a simulation. So I think early 2019,
Speaker:2018, I kind of looked into this and I had people hired from like
Speaker:platforms such as Fiverr, you know, just get them hourly based and they get me
Speaker:the designs. I think 6 months into this project, I had a monthly bill about
Speaker:just close to $3,000. I was like, this is not working out. So
Speaker:I took about, I think like 3 to 4 months
Speaker:off. I did night school and I learned CAD. Now I pretty much do all
Speaker:the initial design. So we still have about 4 big engineering
Speaker:companies we pass our designs to. But the good thing now is like I can
Speaker:do the initial skeleton, test drive them. We've got a massive 3D print farm that
Speaker:we have, so we can test. Design, test within 24 to
Speaker:48 hours and see how they work and do the reiterations. And once it's
Speaker:all finalized on my end, I can send to engineering to get their proper
Speaker:approval from the people who have actual degrees and master's on that field.
Speaker:But it does save a lot of money. Yeah, who actually went to school for
Speaker:this, right? Yeah, exactly. And then, so where—
Speaker:how do you think about where the company is going now and where you're going
Speaker:to see the challenges or the opportunities For growing the team?
Speaker:I think we truly have a great potential because as it is, Harry,
Speaker:like for us, what we created is— what we're changing is the bedrock of
Speaker:hydroponics. Yes, there are hydroponics, you do have a lot of like deep water culture,
Speaker:NFT there, there are a lot of different methods of growing. But then for us,
Speaker:we can change density of a plant growing system significantly such
Speaker:as ours. I'm not saying we are the only one, like, so let's say for
Speaker:example AM Hydro, they are, I think, one of the biggest channel suppliers in US.
Speaker:Their channels, they can push the same amounts, but they have 2 different channels that
Speaker:they use. So they grow from the nursery, then to the secondary system, then once
Speaker:they grow, they move out. Now, all of this system, then you have to have
Speaker:labor, then they have cross-contamination. So there are a lot of things. And then
Speaker:there are companies such as HoriPlant in Netherlands, one of the largest leafy green
Speaker:suppliers. They use robotics. Yeah. One of their
Speaker:robots costs about €260,000. for a
Speaker:robot. Like, so there are other options to grow these volumes,
Speaker:but the thing is we are the simplest, most cheapest solution out. And that's why
Speaker:I think there's such a good potential for us. So, and then
Speaker:creating channels, that's exactly similar to what's currently in the market. The
Speaker:main goal for us is retrofitting because let's say someone has
Speaker:a farm and then has its channel systems like running
Speaker:NFT already, they can keep the rest of the infrastructure in their
Speaker:tanks, pumps, everything is the same. They just need to change the channels and then
Speaker:how the expansion system works, which is a very simple solution. So
Speaker:basically, you create less waste and then also a lot of less sunk
Speaker:cost for the people who want to invest. And then in return, you literally get
Speaker:double the yield. So double the yield means double the revenue, and then your operation
Speaker:cost hasn't gone up. So, and it's most efficient for vertical
Speaker:farms because for vertical farms, it's always the electricity for
Speaker:the LEDs is about 60% of your energy. And I think this—
Speaker:I think apart from Calera, there's not many people who does actual
Speaker:leafy greens or lettuce heads because they know the time in
Speaker:between to grow and the number of plants you can grow for the profitability is
Speaker:quite less. And that's where we come in. We're giving that window now, like,
Speaker:hey, you know, now with vertical farms, you can actually do the same traditional
Speaker:farm leafy greens without losing any revenue. So that creates
Speaker:fundamental pathways for us to move So initially, we want
Speaker:to go through testing the channels in the market, do some retrofitting,
Speaker:learn some turnkey solutions, and then start building our own hardware as well in
Speaker:regard to sensors. So it is a long journey, but quite
Speaker:interesting so far. Makes sense. Sure. And so where do you see the
Speaker:markets opening up for GAIA, and are they different than what your original plans
Speaker:were? Yes. So for me, Harry, like my original— I mean,
Speaker:you've got space covered, so— Space is so far going well. That's
Speaker:great. But for, yeah, like my original plan, like 2 years ago, ago
Speaker:was truly to build a full turnkey supply. So go from everything from
Speaker:the channels to the HVAC to the automation, the whole lot. What I have
Speaker:learned is it's like you don't have to reinvent the wheel. There's someone already invented
Speaker:certain components who's really great at it, you know, like, and then what if
Speaker:you have something great? Why don't we just collaborate with each other companies and then
Speaker:create a single solution? Because we don't need everybody else to
Speaker:research the same thing on different places. It's unnecessary. Like
Speaker:there are companies I know have the best LEDs. Good point. Yeah. And we're currently
Speaker:testing them. And there are companies that I know who has great HVAC systems.
Speaker:Perfect. For our robotics, because our channels are very unique, we
Speaker:have built our own robotics. So good thing for us is we got a lot
Speaker:of help from this La Trobe University in Melbourne. So we have their robotics team
Speaker:working closely with us. Because we had to build 2 different robotic systems for
Speaker:NASA and then one for the Earth systems as well. So we are working with
Speaker:them. And also we got a startup in actually Netherlands again
Speaker:who created this amazing unit, this small carbon capture unit
Speaker:that's the size of a small refrigerator that captures CO2 from the air and
Speaker:then concentrate it and push it into greenhouses and vertical farms. I mean, how
Speaker:amazing is that? So you don't have to— Wow. Yeah, it's fantastic.
Speaker:I was like, I would like to purchase your first equipment. So they're doing the
Speaker:release in next year, March. I'm like, why not? Because
Speaker:ideally, my goal is to create a solution but does
Speaker:not create more problems. You know, it's like, it's, that's the idea
Speaker:of efficiency in the future. You know, just make something but make sure that it
Speaker:doesn't create problems on other. So yeah, the goal for us is
Speaker:just hopefully working with other companies down the track and create some partnerships and
Speaker:then delivering these solutions. How has your experience been
Speaker:connecting? Obviously it sounds positive from those interactions, but have you
Speaker:started to connect with other peers in the the space in terms of what's happening
Speaker:either in Australia or New Zealand and elsewhere, maybe through conferences as
Speaker:well? Yeah, the thing with Herree is like we haven't really had
Speaker:much time on marketing or connection with people because I'm— I
Speaker:know that even my advisors say I'm very into my engineering, their own
Speaker:mindset rather than marketing. Because for me, I still believe the thing
Speaker:called the word, you know, if I sell something, I want to make sure this—
Speaker:it's true. So yeah, I've been pushing this saying, my works, and I know it
Speaker:works. So for me, it's my engineering need to be complete, but everyone else pushed
Speaker:me saying, hey, you have to work on the marketing side. And it's very
Speaker:true. Yeah, but the crazy thing for us is we do get a lot of
Speaker:positive feedback from customers that we hasn't even started selling. So that kind
Speaker:of gives us the idea, like, you know, the solution itself is great. We
Speaker:haven't truly decided which ones people to speak with. Like,
Speaker:for example, like, there are a couple of companies, small companies in Australia,
Speaker:that has taken certain sectors. For example, there's Modular Farms,
Speaker:they're based in Brisbane. They have, they have this amazing custom-built
Speaker:container farming solution, and we want to speak with them down the track.
Speaker:So, and I know these people as well because we have a
Speaker:common mutual, mutual person that we know who used to be
Speaker:my teacher. So I took a course in hydroponics and greenhouse and
Speaker:crop cultivation because coming from engineering, I thought I need, I need some good
Speaker:understanding about this, how this works. And my teacher is Graham Smith.
Speaker:He's an amazing guy. He'd done farming from Dutch farms to Netherlands to
Speaker:UAE to Australia and Singapore. So he's one of our advisors and
Speaker:also equity partners. So yeah, so connecting with these people like, hey, how
Speaker:can we supply our systems retrofitting to yours? And then, you know, we can create
Speaker:a new solution. I mean, that's the idea. But as you mentioned, Harry,
Speaker:something it is in my mind. I'm truly going to look into this in the
Speaker:next coming months to try to contact with people. That's what I thought. I mean,
Speaker:your podcast is great because you do speak with very interesting
Speaker:type of people. I think one of them was Ali, I forgot his surname, who—
Speaker:Ali Danyali. Yeah. Danyali. Yeah. Who had this service
Speaker:about farm as a service. And I always kept it in my mind. And I
Speaker:was like, what a great episode you had. You know, it's because you always, you
Speaker:want to break the system of depending on large-scale suppliers, you know,
Speaker:the creating urban solutions such as ours. Like that's one of the reasons we're building
Speaker:one of the vertical farms in the heart of the city. Be like, you know
Speaker:what, these farms can be built anywhere and they don't have to be dependent on
Speaker:this transportation, this whole lot of things. But then the end of
Speaker:the day, you have these other people. How do you connect the customers? And then
Speaker:bang, Harry Shaw got the solution for that. So I was like, you know, I'm
Speaker:going to speak with Ali down the track, how we can collaborate.
Speaker:So yeah. Well, it's so funny because you mentioned it's modular farms and container, and
Speaker:I immediately thought of Ali because we've been talking and we've had
Speaker:some follow-up conversations as well. And it just— I'm really excited about his
Speaker:model. I'm trying to see if there's ways that I can support him through the
Speaker:connections I've made on the show. And because I mean, the same idea, the farming
Speaker:as a service, I'm like, the light bulb went off and I was like, this
Speaker:is exactly, you know, what you need. You need that marketplace. And with every
Speaker:marketplace, you know, you've got the buyers and the sellers. So there's the chicken and
Speaker:egg, you know, and which one do you focus on? And, and he's, you know,
Speaker:decided to tackle that challenge and he's having some success. So I think anything we
Speaker:can do as an industry to kind of join forces and just make introductions
Speaker:and connections, I think is always going to be a good thing. Oh no, I
Speaker:truly agree because like for us when we started, so we got this place in
Speaker:Docklands near the harbour because we really got a nice place to build our first
Speaker:like commercial farm for customers to sell. And people always knock on the door like,
Speaker:what are you guys doing? Because we're building all this crazy stuff inside the building.
Speaker:A time machine. Yeah, we're like, I'm building a vertical farm.
Speaker:So you guys gonna sell lettuce? We're like, yeah. And they're like, oh, just please
Speaker:let us know, we want to buy it. And That's how I came across Ali,
Speaker:like your episode with that. I'm like, oh my God, this does make a lot
Speaker:of sense, you know, because these customers need a platform to buy it. And
Speaker:what if they just like click on the thing and, oh wow, there's a farm
Speaker:in our next-door apartment, we didn't know that, you know. So
Speaker:yeah. That's very, very good. So when you think about
Speaker:the why, like I— you've mentioned a couple of, uh, reasons,
Speaker:you know, when you were getting started. Now looking at where you're that,
Speaker:seeing the potential of the change this can have in the world and
Speaker:seeing, you know, Gaia's place in this and what
Speaker:you've been able to do so far, has that changed at all? Like, you know,
Speaker:why you get up every morning, why you work the long days, and why this
Speaker:is important for you? No, I think that is still the same. I mean,
Speaker:for me, I'm glad I'm— I have chosen a path that I
Speaker:think there's a potential for it to be something really great. Yeah,
Speaker:that can truly change or help mankind. You know, for me,
Speaker:as I said again, Hari, it's just like, you know, I want to make sure
Speaker:the world is a better place because I was here. I think that was something
Speaker:I strive for. And I think this has significant potential. So
Speaker:for me, getting up in the morning and work 7 days a week is— I
Speaker:never thought I could do it. I mean, I used to complain working 30 hours.
Speaker:I was like, oh, this is hard. I couldn't do
Speaker:this anymore. Because it wasn't yours. Yeah, it wasn't yours. That is true. Yeah. And
Speaker:so like, as much as you try to get as much work done in the
Speaker:week, how do you find time to relax? And what do you do that,
Speaker:you know, to just stay sane or just keep your mental health in check?
Speaker:Well, my couple of my guys at my work asked me that too. I thought
Speaker:you were not gonna ask me that question. Because we care, dude. We
Speaker:care about you. I know, I know, I know. I think my guys do too.
Speaker:I, I— the thing is, I don't really get tired. Like, I
Speaker:can't really do anything else rather now than just this. But the good thing is,
Speaker:like, I mean, I just celebrated my 40th 6 months ago and we were
Speaker:overseas diving just around Asia and Thailand.
Speaker:And it was the most amazing, cleanest seas I've ever seen. Because of
Speaker:COVID I think it took all the travelers and tourism out and it just replaced
Speaker:the nature. And then, and I've been out in the sea so many times, but
Speaker:I've never seen the water and the fishes as clear as it was last time.
Speaker:Yeah. I think for me, I think the goal is at least every 6 to
Speaker:8 months, take a day, take a week off just to refresh your
Speaker:mind, you know, reset the system. Yeah, the reset's important, I think. If you otherwise,
Speaker:you get burned out, right? And then you start to lose some of that
Speaker:energy and that enthusiasm. I think it's true
Speaker:because, I mean, I tried to figure out what was the ideal amount of hours
Speaker:that to work. And I found out around 8 to 10
Speaker:is the best. Anything more than that, you become counterproductive. And for
Speaker:me, I always have like Saturdays, Sundays, I only work every 6 hours a day,
Speaker:so it kind of breaks it down. Only, only. Yeah,
Speaker:yeah, kind of short hours. What's a
Speaker:tough question you've had to ask yourself recently? Tough question is, I mean,
Speaker:I would say always been, it's just like, am I doing the right thing? Is
Speaker:it the right decision? Because as a startup CEO, I mean, I have a lot
Speaker:of different pathways. My advisors, team, and a lot of people
Speaker:that I speak with, you know, tell me to take, you know, they're like, you
Speaker:know, stop doing this, head to marketing or do capital raising
Speaker:to further R&D or something. So, but then the end decision is made
Speaker:by me. So I'm like, have I made the right decision? So it's always that
Speaker:question always there. But I think I always look back on my, how I
Speaker:performed, how I did. And, you know, the journey that you always look back at,
Speaker:that's how you connect the dots. For me, I'm like, you know what, so far
Speaker:I haven't been wrong. But end of the day, sometimes you have to make mistakes.
Speaker:Yeah. Without them, you can't really learn. I mean, there are certain mistakes I made
Speaker:even in the last 6 to 12 months that I'm like, you know what, I
Speaker:actually learned something from it. Like, we had a VC company pushed so much money
Speaker:into us. I was like, no, no, I'm not interested. I wasn't interested. I was
Speaker:like, I'm just— I really don't need that much money yet, you know. I mean,
Speaker:maybe down the track I might. But then when I needed the money, they're like,
Speaker:oh, sorry, our pool ran out. I'm like, oh my God, I should say yes.
Speaker:Stuff like that, just, uh, yeah. I mean, it's learn from your business. And then
Speaker:you build better. That's hopefully the idea. Yeah, I think with this industry, it's been
Speaker:fascinating to watch, is there's a lot of opportunities opening up, and some of
Speaker:it is a strike while the iron is hot. And to your point, and from
Speaker:the example you just gave, you know, is it possible, you know, to think
Speaker:that this may not always be such enthusiasm? Or, you know,
Speaker:people are looking to invest money in projects, and then if they don't— can't invest
Speaker:it with yours, they'll quickly find another one. So I think it's really Seeing where
Speaker:there's an opportunity to leverage that. And then, because you— if you know in your
Speaker:heart you're going to put that money to the best use possible, then it's like,
Speaker:just how can you build some of that runway for yourself to give yourself some
Speaker:breathing room? It is. That's so true. I think one of the hardest things we
Speaker:found even till now is because we're a hardware-based company and
Speaker:mostly some platforms are in a startup world. I think one of the things
Speaker:I've seen in the last 5 or 6 years is they put the blanket on
Speaker:startup as saying it's really not like— it's not saying application development is
Speaker:less costly than hardware. But when you develop hardware, like for us,
Speaker:engineering costs about $50,000-$60,000 per part. Then our tooling costs about another
Speaker:$30,000-$40,000. That's not even going to manufacturing. And that's to test drive something.
Speaker:And when you have a startup with a valuation, let's say below $5 million, or,
Speaker:you know, $3 or $4 million, which is what you get on a startup, and
Speaker:then to raise $1 million, you got to lose about 25% of your equity minimum,
Speaker:right? Yeah. And to do that at a pre-series level,
Speaker:that's— you're not really digging a secure path for yourself in the future. So you
Speaker:have to always balance that out as well. I mean, that's why I kind of
Speaker:taken all these other pathways, just raise money as only as I
Speaker:need it. Yeah. And then run through grants and prize money. We do get— good
Speaker:thing for us is we apply for stuff and then we kind of being more
Speaker:smart. That's good. So that's a few thousand bucks for us around the next few
Speaker:months, you know, until we have something solid to show people so we can raise
Speaker:the valuation and then actually get the money. So it's always that cat and mouse
Speaker:game startups have to play. Yeah. Is there anything you've
Speaker:changed your mind about recently? Changed my mind? I mean,
Speaker:my book changes once every 2 to 3 weeks, but not on the big decisions.
Speaker:But the dishes I normally make, I stick with it. But smaller ones, I always
Speaker:change. Like, because everything we build is just literally just
Speaker:built one day and then the test the next day kind
Speaker:of scenario. So currently what we're planning on, like one of the things I'm not—
Speaker:haven't changed yet, but planning on thinking is, can we push forward some other
Speaker:project rather than just going on building? Because NASA we have to
Speaker:do, but then some of the display farms, we're thinking whether we do need to
Speaker:do this urgently because we have paid customers who want to build other projects. Why
Speaker:are we delaying that? So these things, we're going to have a few meetings down
Speaker:the track and just make some decisions because you have to, as you said before,
Speaker:Harry, yet when the iron is hot. So it's always a gamble that you have
Speaker:to make. So makes sense. Well, I'm definitely glad
Speaker:your team is pushing you out of your comfort zone. I don't know if you've
Speaker:done any other podcast interviews, but it's good to tell the story sometimes. And I
Speaker:think similar to your example of like going for the swim in the
Speaker:ocean, you know, every 6 months, even like talking about your journey, because sometimes it's
Speaker:hard to look at the progress you've made until you've stopped and then you
Speaker:look back and you see all that you've accomplished. And I think, you know, having
Speaker:these conversations where you can share these stories, I think is really important. Yeah, I
Speaker:think it's really important. No, that is true. I think a break, a mental health
Speaker:day is quite important. But saying that, Ari, I think I should just mention you
Speaker:this. So when I was on that holiday, right, I do remember when I was
Speaker:at PPR then, and I was just sitting down with a beer in my hand
Speaker:watching the sunset. Well, the one thing that came to my mind was I should
Speaker:be in my office doing some CAD work. And I was like, this is, this
Speaker:is not right. So yeah, sometimes your brain is just stuck in one
Speaker:place though, because end of the day, I know startup, it's a hard leg for
Speaker:the first time. Yeah. It's always been. And then for us, we are nearly on
Speaker:the end now. So it's just, you know, tighten your gloves and just
Speaker:go ahead. That's it. Yeah. So when you think about, you know, it's hard to
Speaker:obviously plan sometimes, you know, people try to make these big 5-year, 10-year
Speaker:plans, but maybe, you know, 1 year, 3 years, as you think about the
Speaker:roadmap, as you think about what you want to get accomplished between now and then,
Speaker:what are some of the things you're looking forward to? Truly looking forward for
Speaker:2023 because we, once we have this, so the 2
Speaker:things we're finishing end of the year is That's a prototype which will be on
Speaker:display for customers in the new year. And the second one is we're building the
Speaker:first fully automated farm in Victoria. So Melbourne don't have vertical farm
Speaker:yet. So we're building the first one in Docklands as a startup, just with very
Speaker:small amount of cash. But it's a big farm. We plan to build an
Speaker:18 square meter ground space farm that pushing 6.5
Speaker:tonnes of leafy greens a year. It's a huge output for a small footprint.
Speaker:The idea of building this is we, as I said, I mean, we can't have
Speaker:a lot of interest from people that coming in to know about the product. But
Speaker:for us, we can only sell as much as we can by a design or
Speaker:a picture or a picture. Yeah. But if people can come and view the system
Speaker:in action and how this thing works, you know, it is very simple. People will
Speaker:be like, you know what, this thing works, we can really use it in our
Speaker:systems or retrofitting or whichever the options they want to use.
Speaker:So hopefully around the next 3 to 4 months, around Jan, Feb, we'll
Speaker:have the commercial farm finished as well. Then we have to build a Queensland farm,
Speaker:which we're all going to be traveling down and get some— get the gloves and
Speaker:shovels on and then build this farm. And yeah, that's all, really looking forward for
Speaker:it because after that we plan to do 3 to 4 more projects within Australia
Speaker:before we go, like for example, US and EU in
Speaker:2024. That's our goal. So hopefully we can secure some
Speaker:other market deals so we can explore that side of the world as well.
Speaker:Yeah, it's— I think it's just initial start is the
Speaker:time when you get some word out from the people and get some experience from
Speaker:the feedback from the people, and I think the catches up of the system will
Speaker:be much more easier. And then you've got the Moon and Mars, and then what
Speaker:else is— Yes, Mars. I'm a big fan of Moon, I would say, or
Speaker:do the long journey. Yeah, Harry, we will work and go down. Yeah, let me
Speaker:know if you need someone to like record the interview on the way up or
Speaker:something like that. Yeah, happy to do that. It's a long 6-month
Speaker:journey, we got to figure something out. You gotta pick up a hobby or something
Speaker:like that. So yeah. Knowing this
Speaker:audience, and as you said, and I appreciate you listening to the show, and I'm
Speaker:glad you've gotten value from it. You know, these are the folks that are in
Speaker:the industry, your colleagues and your peers. I just want to give you an opportunity.
Speaker:Is there a message that you have for your peers and your colleagues in this
Speaker:space? Yeah, Darryl, look, thanks first of all for getting me on this because it's—
Speaker:I think you created this platform, it's really for people who's in this sector. So
Speaker:I'm too happy to get the opportunity to give— if asked for something, it's basically
Speaker:if anyone is building any greenhouses or vertical farms, you know, using
Speaker:NFT channels, or you're planning on retrofitting to increase the revenues, give us
Speaker:a call, you know, just give us a yell and let's have a chat. Because
Speaker:to be honest, for me, yeah, of course it is great for us to get
Speaker:some sales, but I mean, why not use some tech? Would definitely create some
Speaker:significant increases on your output. So just a train of thought, come to
Speaker:our website, have a look. If you have questions, just send us a quick chat
Speaker:through the website and we'll be in touch. Yeah, and so the website is, uh,
Speaker:gaiaprojectaustralia.com.au. Okay, and we'll be sure we have
Speaker:Actually, we have changed because people always say it's way too long.
Speaker:No one can read it. And while
Speaker:you look that up— Yes, so we hopefully change it down the track, but for
Speaker:now it is kayaprojectaustralia.com.au. Okay, and we'll
Speaker:have all the links in the show notes. Any of the resources we mentioned are
Speaker:covered, and then if folks want to get in touch with you or the team,
Speaker:we'll make sure we have those links available as well. So you're doing a really
Speaker:enjoyed this conversation. Apologies again for showing up late, but it was worth it.
Speaker:Hopefully it was worth it for you because I really, uh, just— I'm so fascinated
Speaker:by all the stories that are happening in this field, how they're happening
Speaker:at all different parts of the world, and how everyone in each country is tackling
Speaker:their regional problems, you know, from a different angle. And now, you know,
Speaker:with this added complexity and excitement about working in space,
Speaker:that just makes, you know, the space that much more interesting for So I
Speaker:really appreciate you, all the work you've done with Gaia so far, and your
Speaker:passion really comes through. And I appreciate you sharing your story with my
Speaker:listeners. Thank you, Harry. Thank you again. Amazing time. I think time is
Speaker:always good. Worked out really well. I'm really glad to talk to you because I've
Speaker:been listening, being a fan, and then talking to you on your program, like, oh,
Speaker:this is a great opportunity. So yeah, I mean, definitely, hopefully have
Speaker:that about another year or so to see the progress and see how everything goes.
Speaker:Yes, definitely. In your part of the world. Yeah, it'd be great to
Speaker:meet you in person. Yeah, great. Definitely. Thank you for the opportunity. Been
Speaker:amazing. And if you make it to any of the conferences, I'm actually going to
Speaker:Dubai, thankfully, with my sponsor Cultivated. There's the
Speaker:AgriMe conference in Dubai at the end of this month. And so I'll be
Speaker:interviewing a couple of the CEOs on site, and we've got a Vertical Farming
Speaker:Podcast booth set up. So we're going to be doing— and I'm speaking on stage
Speaker:for about 20 minutes as well. So it's an amazing— that's great.
Speaker:Because we're speaking with Dubai in regards to the NEOM project, you know that. Oh
Speaker:yeah, NEOM. I want to see. Yeah, it is something
Speaker:amazing. I'm like, guys, if you're building this, we really need to be inside that.
Speaker:So we've had to connect, make some connections now. So do mention us, Harry, if
Speaker:you do go there. If you know anyone that I should meet
Speaker:there while I'm there, I mean, it's an 18-hour flight. If I can take advantage
Speaker:of like connections, if there's anyone in the space that you know, the NEOM project
Speaker:is really interesting. and fascinating as well. So I can— there is a university
Speaker:that they deal with. So what I'll do is I got your email address that
Speaker:you replied me today, so I'll connect you through with someone there. Yeah, yeah, I
Speaker:think because it's an amazing project and it's not just design. I think they already
Speaker:start the groundwork here, so it's definitely happening. And okay, it would be something to
Speaker:keep an eye on. Yeah, well, I appreciate your time again, Nadun. Thanks again
Speaker:to Nadun for coming on the show and sharing his story. I appreciate
Speaker:especially folks that are calling in from time zones like
Speaker:Australia, like the UK, like other parts of the world,
Speaker:like India. It's been really humbling for folks
Speaker:to make their time, these leaders of these companies who are very, very busy, and
Speaker:I really appreciate the time that they take. And I want to make sure it's
Speaker:enjoyable for them, and we've been really connecting and vibing. So it seems that that's
Speaker:happening, and I really appreciate that, but I don't take that for granted.
Speaker:Special thanks to our Season 6 title sponsor, Cultivated. If you are looking into a
Speaker:vertical If you're looking to transform and don't know where to start or which technology
Speaker:would suit your needs, reach out to them today. And best of all, their service
Speaker:is free because they work on behalf of their partners. Learn more at
Speaker:cultivatd.com, and that's spelled C-U-L-T-I-V-A-T-D.com.
Speaker:Just leave out that last D. Podcast production and marketing provided by
Speaker:Fullcast. Learn more at fullcast.co. And as a reminder, if
Speaker:you're enjoying this show, please leave us a rating and a review at ratethispodcast.com/bfp.
Speaker:sure to read those out on future episodes. Tune in next week for another
Speaker:fascinating conversation from the world of vertical farming, and it's with
Speaker:Brandi Keen, co-founder at Cerna. Until we meet
Speaker:again, here's to your health. Thanks for listening. To read the full show notes
Speaker:for this episode, which includes any links mentioned in the episode, as
Speaker:well as a full show transcription, visit
Speaker:verticalfarmingpodcast.com. There, you can sign
Speaker:up for our email list
Speaker:$680 million poured into precision ag last year.
Speaker:Autonomous weeding robots dominated, and John Deere made 2 acquisitions in 3
Speaker:months. A food company, not an equipment maker, bought a
Speaker:robotics startup to protect its own supply chain. The deals are
Speaker:accelerating, the money is moving, and the winners are already separating from the
Speaker:pack. If you're investing, building, or buying in this space,
Speaker:you need the full picture before your competitors get it. The 2025
Speaker:Precision Agriculture Intelligence Report from iGrow News is now
Speaker:available. Get your copy today at
Speaker:igrownews.com/precision.