Collaboration Furthers Climate's Commitment to Build a Farmer-Focused Digital Ag Ecosystem that Includes Multiple High-Resolution Imagery Capabilities
SAN FRANCISCO, CALIFORNIA and TORONTO, ONTARIO–(Marketwired – Nov. 15, 2017) – Today, The Climate Corporation, a subsidiary of Monsanto Company (NYSE: MON), announced a partnership with Deveron UAS Corp. (CSE:DVR)(CSE:DVR.CN)(CNSX:DVR), that will deliver farmers advanced aerial imagery data combined with powerful analytics through The Climate Corporation's industry-leading Climate FieldView™ digital agriculture platform. The addition of Deveron supports Climate's commitment to deliver a true digital ag ecosystem where farmers can access a broad, interconnected set of tools, services and data to optimize all of their farm management decisions.
“As remote sensing through advanced imagery continues its fast-paced development, drones are increasingly playing an important role to help farmers gain deeper insights into crop performance at scale,” said Mark Young, chief technology officer for The Climate Corporation. “Deveron has built a broad network of drones and sensors across North America to provide farmers with more data solutions to manage field variability, and we look forward to working with them to equip more farmers with data-rich imagery insights to make the best decisions for their operations.”
Based in Canada, Deveron is a leading full-service enterprise drone data company with a growing fleet of drones that can each conduct five to eight flights per day to collect, analyze and deliver farmers data-driven insights to help them make more informed decisions, reduce costs and increase yields. Deveron services are currently offered to farmers across core growing regions of Canada, and the company will be expanding its capabilities to the U.S. Corn Belt in the near-term.
During the 2017 growing season, Deveron and Climate completed a successful pilot program in Ontario, allowing farmers to visualize Deveron imagery within their Climate FieldView account. For the 2018 growing season, this partnership will enable aerial imagery data to seamlessly flow into a farmer's Climate FieldView account at the farmer's request, allowing them to experience deeper analysis of how their crops are performing in-season, alongside important field data layers such as planting and yield data. Recently, Climate announced the expansion of the Climate FieldView platform into Western Canada, with the platform on nearly one million acres in Eastern Canada.
“The Climate Corporation's Climate FieldView platform aligns closely with our mission of delivering farmers a simple data collection solution, coupled with advanced analytics, to help farmers more precisely monitor their crops,” said David MacMillan, president and chief executive officer for Deveron. “Partnering with the Climate FieldView platform will further our ability to bring low cost, high-resolution imagery to more farmers so they can zero in on exactly what's happening in their fields and gain actionable insights to help them achieve the highest return on investment.”
The Climate FieldView platform already offers advanced satellite imagery tools to help farmers protect their crops by identifying issues in the field before they impact yield. Innovative aerial imagery technologies like Deveron can provide farmers imagery at a higher resolution and frequency than satellite imagery, delivering on-demand information that can be used in digital ag tools to help farmers make more informed, data-driven agronomic decisions.
In 2016, The Climate Corporation announced the extension of the Climate FieldView platform and has since announced a variety of partnerships, including several advanced aerial imagery providers. Climate's platform strategy unlocks a stronger and quicker path to market for third-party ag innovators, simplifying the complex digital ag landscape for farmers and making it easier for other innovators to bring valuable new technologies to farmers faster. Launched in 2015, the Climate FieldView platform is on more than 120 million acres with more than 100,000 users across the United States, Brazil and Canada. It has quickly become the most broadly connected platform in the industry and continues to expand into new global regions. Earlier this week, the company announced the pre-commercial launch of the Climate FieldView platform into regions of Europe.
As innovation in the digital agriculture space continues to accelerate rapidly around the globe, Climate continues to explore partnership opportunities to provide farmers with the insights they need to improve their productivity. If you are interested in partnering with The Climate Corporation, please visit www.climate.com/partners.
For more information about the Climate FieldView platform in Canada, contact Climate Support at 1.888.924.7475 or visit www.climatefieldview.ca For more information about Deveron, visit www.deveronuas.com.
About The Climate Corporation
The Climate Corporation, a subsidiary of Monsanto Company, aims to help all the world's farmers sustainably increase their productivity through the use of digital tools. The integrated Climate FieldView™ digital agriculture platform provides farmers with a comprehensive, connected suite of digital tools. Bringing together seamless field data collection, advanced agronomic modeling and local weather monitoring into simple mobile and web software solutions, the Climate FieldView platform gives farmers a deeper understanding of their fields so they can make more informed operating decisions to optimize yields, maximize efficiency and reduce risk. For more information, please visit www.climate.com and follow the company on Twitter @climatecorp.
About Monsanto Company
Monsanto is committed to bringing a broad range of solutions to help nourish our growing world. We produce seeds for fruits, vegetables and key crops – such as corn, soybeans, and cotton – that help farmers have better harvests while using water and other important resources more efficiently. We work to find sustainable solutions for soil health, help farmers use data to improve farming practices and conserve natural resources, and provide crop protection products to minimize damage from pests and disease. Through programs and partnerships, we collaborate with farmers, researchers, nonprofit organizations, universities and others to help tackle some of the world's biggest challenges. To learn more about Monsanto, our commitments and our more than 20,000 dedicated employees, please visit monsanto.com. Follow our business on Twitter® at twitter.com/MonsantoCo.
About Deveron UAS
Deveron is a nationally compliant, Transport Canada licensed, UAV operator providing enterprise drone data services to agriculture. Deveron's data helps farmers increase yields and reduce costs using sophisticated Unmanned Aerial Systems (“UAS” or “drones”), sensors, software and analytics. Deveron's drone data service network allows enterprise level customers to obtain on-demand, actionable data without exposure to technology and capital risks. The Company is focused on building a standardized network of drones and sensors to provide data in North America.
For more information and to join our community, please visit www.deveronuas.com.
This news release includes certain “forward-looking statements” within the meaning of that phrase under Canadian securities laws. Without limitation, statements regarding future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of agricultural commodities, general market conditions, risks inherent in agriculture, the uncertainty of future profitability and the uncertainty of access to additional capital. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the “Risk Factors” section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law. The Company relies on litigation protection for forward looking statements.
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