Raven to Acquire Full Ownership of DOT

By Business Wire

As part of its ongoing commitment to autonomous agriculture solutions, Raven Industries, Inc. has announced 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.

DOT is the developer of the “Dot Power Platform,” an autonomous power unit that has the ability to pair with a wide range of implements which are critical to agricultural production and will offer a variety of labor saving solutions to farmers and ag retailers alike.

Fusing DOT, and the recently acquired Smart Ag autonomous perception and path planning technology, with our core technology platforms in guidance, steering, and machine control enables Raven to deliver revolutionary autonomous solutions and greatly accelerate our long-term growth in Applied Technology. The company is currently moving forward with commercialization of Raven Autonomy and will be expanding its portfolio with new offerings, which will increase the value of autonomy to end-users at a rapid pace.

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