Kalera Plans To Temporarily Halt Production At Orlando And Atlanta Farms; Cost Cutting Measures Should Result In Total Annual Cost Savings Of Approximately 74% In 2023 Compared To Expenses Incurred In 2022
Kalera Public Limited Company ("Kalera" or the "Company") (NASDAQ: KAL), a vertical farming company headquartered in Orlando, Florida, provided an update on the steps it has taken and its plans going forward to achieve cash flow break-even by the end of fiscal year 2023.