While trillions of dollars are spent on developing autonomous passenger vehicles, core industries such as agriculture haven’t been getting the same kind of attention. This is where Agtonomy steps in, supplying software that turns tractors and other equipment into autonomous machines, enabling cost-saving remote modes of operation.
Agtonomy differs itself from its competition by primarily meeting the needs of local farmers as opposed to big farms. In line with this, its autonomous vehicles will cost around $50,000, which is a far cry from the $500,000-$1 million price tag typical in the industry.
In 2023, the company expanded its customer pilot program in a step towards a full commercial launch. It has since continued to raise funding, the latest of which will support accelerated growth and market expansion in the coming years.
Kirsty
Company Specialist at Welcome to the Jungle