Raven Industries has purchased all of the intellectual property (IP) and patents of Jaybridge Robotics, an early developer of automated agriculture technology. The acquisition is to advance Raven’s growth strategy in autonomous agriculture.
Jaybridge’s IP portfolio includes patents for technology directly related to path-planning, obstacle detection and avoidance, and multi-machine control systems.
Raven states it will leverage this IP portfolio with the company’s continued development of Driverless Ag Technology – including integration of the technology into the company’s AutoCart platform.
“By acquiring Jaybridge’s intellectual property we are able to advance our autonomy strategy by combining necessary, technology-leading patents with our current suite of proprietary products in this space,” said Jared Kocer, Raven’s Director of Technology Solutions. “Having this technology will allow us to accelerate the development of vehicle automation for agriculture equipment applications.”