Deveron Buys Atlas and its U.S. Business in 13 States
Toronto-based Deveron UAS Corp. , a leading agriculture digital services and analytics provider in North America, has entered into an agreement to acquire Kansas City, MO-based digital agriculture provider Atlas Team. The acquisition will allow Deveron to continue to build upon its expansion into the U.S. agriculture market providing data acquisition services for drones and soil sampling as well as data analytics. Atlas currently serves farmers and agriculture industry leaders across 13 states in the U.S.
The U.S. agriculture sector is almost 10 times the size of its Canadian counterpart, comprising over 900 million acres of farmland. The USDA recently estimated that agricultural production from the some two million farms in the U.S. amount to US$389 billion in total agricultural goods. With average crop farm expenditures topping US$205,000 per farm in the U.S., a considerable opportunity exists for 10% improvement in yields or reduction in costs from digital solutions.
Scott Jackman, the principal at Atlas, will become the President of Deveron’s U.S. subsidiary.