Raven to Acquire Full Ownership of DOT®
Raven Industries, Inc. (RAVN)
Last raven industries, inc. earnings: 3/20 05:19 pm
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Source: Business Wire
Accelerates Investments in Delivering Autonomous Agriculture Solutions SIOUX FALLS, S.D.--(BUSINESS WIRE)--As part of its ongoing commitment to autonomous agriculture solutions, Raven Industries, Inc. (the Company; NASDAQ:RAVN) announced today that it has entered into agreements to acquire the remaining equity of DOT Technology Corp. (DOT®), a leader in autonomous platforms. This additional investment is further indication of Raven’s confidence in its position to bring these innovations to market and expand its market share in precision ag technology.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200330005393/en/Part of Raven Autonomy™, DOT® is the designer and manufacturer of a unique U-shaped diesel-powered platform designed to autonomously handle a large variety of agriculture implements. Through its accurate path planning technology, the platform is able to complete tasks autonomously. In turn, agriculture profession
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