News

Raven Industries (NASDAQ:RAVN) announced today that it has acquired Smart Ag Inc., a technology company that develops autonomous farming solutions for agriculture. This acquisition is part of Raven Autonomy™, the Company’s strategic growth platform to become the industry leader in autonomous agriculture solutions. Complementing the Company’s Applied Technology division, a leading technology provider in the precision agriculture industry, this acquisition will be integrated into the division’s business and technology portfolio with the intent to create autonomous solutions for the precision ag market.

Raven Industries (NASDAQ: RAVN) announced today details of its strategic plan, which include a significantly increased level of investment in targeted areas in order to drive greater earnings growth and long-term value. Over the next several years, the Company will advance two strategic platforms for growth: Raven Autonomy™ and Raven Composites™.

Raven is once again expanding its class-leading product line to help ag retailers and growers boost their efficiency and profits. The new VSN™ visual guidance system uses state-of-the-art image sensor and processing technologies to deliver quick response and better control. VSN maintains row guidance at industry-required spraying speeds — from the time when crops are just a few inches post-emerge up to a nearly full canopy — without the use of mechanical feelers.

Raven has expanded its logistics and control offering to help ag retailers find more efficiency, and profitability, in their custom application operations. Featuring the integrated suite of AgSync™, Slingshot® and the Viper® 4+ software and hardware; Raven’s Connected Workflow™ allows users to seamlessly and wirelessly connect their office to the field and back again.