Agriculture is one of the verticals that projections show will be most impacted by drones, and it’s an area that I’ve written about before. Why? Drones reduce the cost of precision agriculture and provide near real-time feedback for farmers. This is very important in areas that are under drought conditions, such as much of California. It should come as no surprise then, that the World Ag Expo in Tulare, California highlighted the synergy between drones and agriculture:
Agriculture drones are some of the winners at the World Ag Expo in Tulare, CA, as the drought takes its toll on traditional farming equipment. The show is the largest in the world, and this year California’s drought has led to a glut of used tractors and combines. But as the conditions of the last year have led to steep discounts in traditional equipment, agricultural drones and water saving precision agricultural technology is stealing the show – and the attention of agriculture investors.
Ag Tech investors are focusing on the drone space, according to Rob Leclerc, co-founder and CEO of AgFunder. AgFunder is an online platform for investors interested in the food and agriculture technology sector. Leclerc told CNBC that the ag drone space saw $82 million of investment last year, led by $25 million in funding going to Airware.
If you are interested in drone-based, precision agriculture, then I highly encourage you to checkout Drone Universities’ Drone GIS/Mapping course. This course is designed to fast track you into an agricultural, drone career. Here are our next two course locations:
March 27, 2016
About World Ag Expo
The largest annual agricultural exposition of its kind, World Ag Expo touts more than 1,500 exhibitors who display cutting-edge agricultural technology and equipment on 2.6 million square feet of exhibit space. An estimated average of 100,000 individuals attend the show each year to learn about the latest advances in agriculture. At the 2015 World Ag Expo, 49 U.S. States and 49 countries were represented.
The World Ag Expo 2016 was held at the International Agri-Center, 4500 South Laspina Street, Tulare, California. Along with hundreds of exhibitors showcasing the newest and best the Ag industry as to offer, there were the Expo’s Top-10 New Products competition, many speakers, seminars and much, much more.
AgFunder is the premier marketplace for the most promising Ag and AgTech startups seeking to raise investment capital from accredited investors.
AgFunder was co-founded by a dedicated team of technologists and Ag industry professionals.