Deere Purchases Robotics Company
In August 2021, Deere agreed to purchase California-based Bear Flag Robotics, an agricultural technology company specializing in autonomous tractors, for $250 million. Specifically, technologies developed by Bear Flag Robotics allow tractors to operate autonomously. The two companies began collaborating in 2019.
The acquisition of Bear Flag Robotics complements Deere’s research and development activities, and broader commitment to providing innovative equipment with advanced connectivity capabilities. It also builds on other major recent company initiatives. In February 2021, for instance, Deere announced its Precision Forestry initiative, which is designed to reorganize the company’s technology portfolio and upgrade Deere’s forestry equipment offering.
Deere’s goal is to better serve customers in the agricultural and forestry sectors with individualized solutions to their needs. The next generation of forestry equipment from Deere will feature an array of new technologies, and the purchase of Bear Flag Robotics is a critical component of the company’s commitment to innovation.
Latest News
Acres Partners With Forisk
Acres, a data-driven land research platform that supports fast, informed decision making, is partnering with Forisk Consulting, a leader in analyzing timber markets and wood baskets, to visualize timber data for both companies’ clients. This collaboration between Acres and Forisk will further expand Acres’ capacity to provide and visualize important information on U.S. timberland through its powerful land valuation tool…
American Loggers Council Gathers In Maine
Loggers and industry advocates from throughout the U.S. (and beyond) converged on the little town of Newry, Me., October 4-6 for the American Loggers Council’s 2023 Annual Meeting. Maine’s own Andy Irish ended his 2022-2023 term as ALC President by hosting the event in his home state, offering his peers from other regions a sample of the local culture, cuisine and logging techniques…
WANT MORE CONTENT?
Spanning seven decades since its inception in 1952, Timber Harvesting highlights innovative and successful logging operations across the U.S. and around the world. Timber Harvesting also emphasizes new technology and provides the best marketing vehicle for the industry’s suppliers to reach the largest number of loggers in North America and beyond.
Call Us: 800.669.5613