Dot Technology Corp (DOTTM) today announced that it has entered into an agreement wherein Raven Industries (NASDAQ:RAVN) — a manufacturer of agriculture technology with a focus on autonomous farming — will acquire majority ownership of Dot. Funds will be used to support the continued commercialization and evolution of the Dot Power Platform and Dot Ready Implements.
Raven Industries Inc. has announced details of its strategic plan, which include a significantly increased level of investment in targeted areas in order to drive greater earnings growth and long term value. Over the next several years, the company will advance two strategic platforms for growth: Raven Autonomy and Raven Composites.
Raven Industries Inc. (NASDAQ: RAVN) reported financial results for the second quarter that ended July 31, 2019. Net sales for the second quarter of fiscal 2020 were $98.1 million, down 4.5% vs. the second quarter of fiscal 2019.
Raven Industries, developer and distributor of precision farming and other specialty equipment and systems, reported net sales for the first quarter of fiscal 2020 were $98.2 million, down 11.7% vs. the first quarter of fiscal 2019.
Raven Industries announced today that it has completed the acquisition of substantially all of the assets of AgSync, headquartered in Wakarusa, Ind. This acquisition will immediately align under the company’s Applied Technology division.
Net sales in the third quarter for Raven’s Applied Technology division, which includes its precision farming business, were $29.7 million, up 17.5% year-over-year.
With the Slingshot API, a partner like Topcon Ag is able to provide data through a wireless connection with compatible Raven hardware in the field and offer a seamless integration of their solution to their customers.
The Raven Precision Agriculture Center will bring agronomy, engineering and computer science disciplines under one roof, where students and faculty can collaborate, conduct research and innovate.
Precision agriculture is maturing quickly as a host of electronic systems keep implements on track and running at the proper depth and moving across fields in repeatable passes that vary less than an inch from one another.
Precision agriculture is maturing quickly as a host of electronic systems keep implements on track and running at the proper depth and moving across fields in repeatable passes that vary less than an inch from one another.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at how the flooding in Texas will impact the ag industry and check in with some dealers in the region.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
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