Raven acquires majority ownership in DOT Technology Corp.

04.11.2019

Raven Industries, Inc. has entered into an agreement to acquire majority ownership of DOT Technology Corp., a leader in autonomous agriculture solutions. The investment will align under Raven’s applied technology division in support of its recently announced strategic growth platform, Raven Autonomy.

DOT is the designer and manufacturer of a unique U-shaped diesel-powered platform designed to autonomously handle a large variety of agriculture implements. Through its accurate path planning technology, the platform is able to complete tasks autonomously. In turn, agriculture professionals can make better use of their time and overall operations.

The two companies began working together in May 2018, when Raven announced the Dot Platform would be outfitted with Raven technology, including steering, guidance and propulsion.

Through this majority ownership, Raven will leverage the respective strengths of each entity to drive commercialization and adoption efforts of autonomy in agriculture. Raven is the market leader in steering, guidance and machine control technology, while DOT brings field path planning, user control experience, machine safety and remote communication software to this unique relationship. Together, the companies will accelerate the development of precision agriculture technology from semi-autonomous to fully-autonomous solutions.

The transaction is expected to close in November 2019.

Raven  
DOT

 

More information

www.ravenprecision.com

www.seedotrun.com

 

 

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