The Agbotic model is broadly automated to leverage machine learning and artificial intelligence
US-based ag-tech firm Agbotic has entered into a Letter of Intent (LOI) with Black & Veatch for the deployment of ecologically restorative smart farms.
The companies will work together to optimise, standardise, and turn-key deliver the Agbotic Smart Farm model, co-located with renewable energy assets.
Under the agreement, both firms plan to deploy dozens of smart farms across North America and Europe in the coming four years.
The ag-tech firm said that reduced capital expenditure, along with decreased energy and labour costs, will help improve the economics and adoption of controlled environment agriculture.
Agbotic deploys its distributed farming model on organic-certified agricultural land
Agbotic model, which has been designed to decrease capital costs, is energy-efficient and widely automated to leverage machine learning and artificial intelligence.
The ag-tech firm will deploy its year-round and distributed farming model on agricultural land, which is organic-certified and avoids the use of chemicals.
The firm’s model supports outdoor agriculture, as well as purifies air, water and soil by planting trees, sequestering carbon, establishing wetlands, and maintaining habitats for sensitive wildlife.
Agbotic co-founder and CEO John Gaus said: “Our team has successfully deployed a highly efficient model for automated and organic farming. It is energy-efficient, ecologically restorative, and produces high-quality products for a broad range of buyers.
“The model generates very attractive unit economics and is ready to scale. In order to scale, we require sophisticated partners that understand design, engineering, procurement, and construction in both the energy and agricultural sectors. We could not have found a better firm than Black & Veatch to deliver those to our business.”
Based in Sackets Harbor of New York, Agbotic is a major ag-tech enterprise that deploys advanced automation, machine learning, and AI to produce quality organic products with an ecologically restorative and distributed farming model.
With operations in more than 100 countries, Black & Veatch is an employee-owned engineering, procurement, consulting and construction company.