Raven Industries, Inc. will be displaying the latest advancements in autonomous agriculture at the DOT Demo Days in Maricopa, Ariz., this spring. The Dot Power Platform (Dot) is powered by Raven’s suite of machine control technology, including the RS1 for steering and guidance, Slingshot for remote support and connectivity, and Raven’s object detection and avoidance solution.
Sioux Falls-based Raven Industries Inc. bought SBG Innovatie BV and its affiliate Navtronics BVBA in May. The Dutch business was the first company acquired by Raven outside North America. It specializes in high-accuracy implement-steering technologies, which complement Raven products.
Raven Industries Inc.’s (RAVN - Analyst Report) shares fell around 3.7% on reporting an 8.7% year-over-year decline in its second-quarter fiscal 2015 (ended Jul 31, 2014) earnings to 21 cents per share.
Here in the Technology Corner today, we’re talking about the PTx OutRun autonomous platform — a retrofit kit that enables autonomous grain cart, and now more recently, tillage operations.
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