Global agribusiness giant ADM is looking for partners to license its new crop assessment technology, the company announced on November 5.
The company's appeal for partners followed the receipt of two reissued patents for its technology, which combines the use of aircraft, photography and complex algorithms to assess crop conditions and predict crop production.
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“It’s clear that aerial mapping and assessment is a significant differentiator in agriculture – and a market that could exceed US$$5 billion in the coming years.”
Technology using agricultural aircraft can evaluate crops by tracking plant growth, identifying crop stress due to weather or pest damage, predicting commodity yields and more, ADM said.
Meanwhile, imaging data – including photographic, multispectral, hyperspectral and infrared – combined with analytical tools can provide up-to-date, actionable information for growers, seed distributors, crop insurers, commodity dealers and others.
This text has been automatically translated into Brazilian portuguese.
Source: OFI Magazine