AgEagle acquires agricultural analytics company Agribotix
AgEagle Aerial Systems Inc., a provider of drone imagery data analytics, has signed an agreement to acquire substantially all of the assets of Agribotix, LLC, a drone enabled software company that provides advanced imaging and data analysis.
AgEagle plans to integrate Agribotix’s FarmLens data analytics platform within AgEagle’s service offerings, providing the agricultural supply chain with advanced analytic capabilities to identify areas where they can build soil health and reduce water or chemical usage. The FarmLens software utilises the data captured through remotely sensed imagery to develop crop reports for customers. These reports provide the customer with the high resolution data needed to monitor crop health and track performance.
The companies say that through the FarmLens platform, Agribotix has processed more than 1.3 million acres of crops to create nearly 11,000 reports. The company has analysed data from over 50 countries, examining 53 different crop types.
AgEagle, founded in 2012 and based in Neodesha, Kansas, designs, produces, distributes and supports small unmanned aerial vehicles (UAVs or drones).
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