Description

To meet the growing demand in the agri-business space, the founders of the Company developed an innovative solution to alleviate the frustrations with antiquated soil sampling techniques. The Company’s technology not only samples more accurately than current methods but also cost-effectively, using a proprietary mechanization system.
Within the United States, between 4 and 5 million soil samples are taken annually, and soil sampling, due to its significant impact on farming profitability, is poised to spread to developing countries. The technology, with the proper distribution and sales network, may leverage its superior, patented features to become the industry standard.
A potential buyer may find this opportunity attractive for the following reasons:
The Company owns three patents, currently protecting its proprietary probing system for the next 8 years.
The patented technology provides farmers with the most reliable and consistent soil samples in the industry. This soil information correlates to its specific field location, allowing famers to use variable-rate enabled equipment for seed, fertilizer and other nutrients. The technology brings precision farming to its full potential. Precision farming leads to improved efficiency, higher yields and enhanced profits.
The technology produces more and higher quality samples than its competitors. More cores result in more profitable growing seasons.
The technology serves a growing demand in the market: precision farming. In addition to the large North American market, developing countries serve as possible customers as the success of precision farming becomes adopted internationally.

Posted Oct 17, 2016

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