It's "a move aimed at prodding Bobcat to take an active role in expanding Doosan Group's business through M&As, for which Doosan Group is willing to spend several billion dollars."
Kubota Corp. has begun research and development to make autonomous agricultural robots and other future farming technologies a reality at the North America Research & Development Unit established in January this year as a new research group in the United States.
Kubota Corporation has invested in Bloomfield Robotics, Inc. , a U.S. startup company that uses image analysis technology and AI to assess plant growth and detect pests on grape, blueberry and other tree crops.
Burro, formerly known as Augean Robotics, an autonomy company providing solutions for the agriculture industry, announced it has raised a $10.9 million Series A, led by S2G Ventures and Toyota Ventures.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.