The companies will work together to innovate for future commercialization through collaborative research in the field of smart agriculture, bringing together the technologies and know-how developed by each company.

Brian Meyer, Raven Industries VP, discusses Raven's journey into autonomous ag and their acquisitions of Dot Technology Corp and Smart Ag.

Immediately following the release of its 5-year plan to significantly increase its investment in autonomous ag technologies, Raven Industries acted on that strategic plan with the acquisition of 2 independent autonomous companies.

Raven Industries (NASDAQ:RAVN) isn’t wasting any time in getting its recently announced strategic plan to invest in autonomous farming technology off the ground. The company announced that is has acquired Smart Ag Inc., a technology company that develops autonomous farming solutions for agriculture.

Smart Ag took its autonomous harvest system to the field for a demonstration during the 2019 Farm Progress Show and company co-founder Quincy Milloy says the system is in verification testing and he expects a 2020 launch through the manufacturer’s developing dealer network

Last week at the Farm Progress Show, Ames, Iowa-based technology developer Smart Ag showcased its AutoCart autonomous technology during a field day demonstration. Constructed as an aftermarket kit, the AutoCart can be installed into the cab of a tractor and synced with a combine during harvest season to give a grower control of two machines from one location.