Raven Buys Intellectual Property from Jaybridge
Raven Industries Inc. has purchased the intellectual property (IP) and patents of Jaybridge Robotics, an early developer of automated agriculture technology.
Jaybridge鈥檚 IP portfolio includes patents for technology related to path-planning, obstacle detection and avoidance and multi-machine control systems.
Raven said it will leverage this IP portfolio with the company鈥檚 continued development of driverless ag technology.
鈥淏y acquiring Jaybridge鈥檚 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,鈥 said Jared Kocer, Raven鈥檚 director of technology solutions. 鈥淗aving this technology will allow us to accelerate the development of vehicle automation for agriculture equipment applications.鈥
Member since 2020 | |Source: KHL.com

