Visionstate Corp. Provides Update on Portfolio Investment, Sol Spaces Inc.
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Edmonton, AB – TheNewswire - April 22, 2025 - Visionstate Corp. (TSXV: VIS), a leader in smart facility management through its IoT platform, WANDA™, is pleased to provide an update on its portfolio investment, Sol Spaces Inc. (solspaces.com), following significant progress and strong market interest in its innovative greenhouse solutions.
Sol Spaces participated in the 2025 Edmonton Home and Garden Show in late March, where it showcased an 80-square-foot high-tech greenhouse that drew substantial attention from attendees and show organizers alike. The booth featured the company’s latest advancements in controlled-environment agriculture, including solar-powered exhaust fans, removable UV shades, and advanced environmental monitoring systems. Sol Spaces was proud to be recognized as the runner-up for Best New Booth at the event, a strong validation of both the product design and presentation.
The response was overwhelmingly positive, with company representatives distributing hundreds of business cards and collecting valuable leads that are now being actively pursued. The level of engagement highlights a surging interest in food security and sustainable living solutions, particularly in urban markets like Edmonton.
As part of its expanding product line, Sol Spaces unveiled the Sol 48, a 6-by-8-foot DIY greenhouse kit designed for smaller backyards. The Sol 48 delivers the same resilient, climate-focused engineering found in the company’s larger models while offering the convenience and cost savings of a do-it-yourself build. A full-scale Sol 48 will be on public display in May 2025 in Devon, Alberta, just southwest of Edmonton—marking the first time Sol Spaces has installed a unit for continuous public demonstration.
“The demand for climate-resilient greenhouses is rising rapidly as consumers face higher food prices and growing concerns around supply chain stability,” said John Putters, CEO of Visionstate Corp. “Sol Spaces is delivering solutions that are affordable, practical, and designed for a more sustainable future.”
The momentum continues with the recent completion of a community-scale greenhouse for a First Nations community near Edmonton. This facility incorporates SIP panel construction, heat pumps, and is scheduled to integrate solar power to further reduce energy costs. The project sets a strong example of how technology and intelligent design can support food sovereignty and sustainability in Indigenous and rural communities.
In addition to its greenhouse line, Sol Spaces is also scaling its modular backyard studios, which offer multi-use functionality and incorporate the same environmental technologies. With the success of these structures, the company is now evaluating international development opportunities—particularly in Mexico, where demand from Canadian buyers is growing rapidly as they shift focus from U.S.-based property markets. Sol Spaces’ modular, energy-efficient approach offers a scalable path to building climate-smart communities abroad.
Visionstate Corp. remains highly optimistic about the long-term potential of Sol Spaces Inc. as the company continues to innovate and expand into new markets with its line of sustainable living and growing solutions. Visionstate Corp. Has invested in Sol Spaces by way of convertible loans, which exercised represents a 40% equity stake in the company.
About Sol Spaces Inc.
Sol Spaces Inc. designs and builds next-generation greenhouses and modular living spaces that are climate-resilient, affordable, and technology-enhanced. With products ranging from compact backyard greenhouses to community-scale food systems and modern backyard studios, Sol Spaces integrates advanced materials such as SIP panels, renewable energy systems, and smart monitoring devices. The company’s mission is to address global challenges such as food security, sustainable housing, and energy efficiency by creating intelligent spaces for living and growing—anywhere in the world. Learn more at www.solspaces.com.
About Visionstate Corp.
Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technologies in the realm of the Internet of Things (IoT), big data, and analytics. Through its wholly owned subsidiary, Visionstate IoT Inc., the Company provides innovative facility management solutions that are shaping the future of smart buildings and public infrastructure.
For more information, please contact:
Investor Relations
Visionstate Corp.
Email: info@visionstate.com
Website: www.visionstate.com
Issued on behalf of the Board of Directors,
“John A. Putters”
Visionstate Corp.
Twitter: @visionstate
Facebook: @visionstate
LinkedIn: Visionstate Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
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