Raven Industries, Inc. announced that it has purchased all of the intellectual property (IP) and patents of Jaybridge Robotics, an early developer of automated agriculture technology.
Jaybridge’s unique IP portfolio includes significant and critical patents for technology directly related to path-planning, obstacle detection and avoidance, and multi-machine control systems. Raven will leverage this IP portfolio with the Company’s continued development of Driverless Ag Technology — including integration of the technology into the Company’s AutoCart platform.
The acquisition was completed in the first quarter of the Company’s current fiscal year.
Tracking Changes Among Large Ag Equipment Dealership Groups: As dealer consolidation continues among North American farm equipment dealers, Ag Equipment Intelligence will continually update industry mergers & acquisitions, dealership openings and closings as they occur.