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Home 2023 February 13

Daily Archives: 02/13/2023

AST SpaceMobile Announces Collaboration with Zain KSA

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AST SpaceMobile Announces Collaboration with Zain KSA

AST SpaceMobile announced a non-binding memorandum of understanding with Zain KSA. The signing took place at the international LEAP 2023 Tech Conference in Riyadh.

The MoU would enable AST SpaceMobile and Zain KSA to collaborate towards new telecom solutions and satellite-based digital services in Saudi Arabia and aim to increase access to mobile services in remote locations, including on land, at sea and in flight.

“We are thrilled to cooperate with Zain in Saudia Arabia. We hope this collaboration will further access to reliable, space-based cellular broadband for current and future mobile users in the country,” said Chris Ivory, Chief Commercial Officer of AST SpaceMobile.

“We are committed to expanding our digital services and communications to deliver an inclusive ecosystem that covers the whole Kingdom with the highest service quality and reliability, thereby enhancing our role in achieving a more connected and sustainable world,” said Eng. Abdulrahman Al-Mufadda, Chief Technology Officer of Zain KSA.

“We are confident that our collaboration with AST SpaceMobile, could help to potentially provide space based cellular broadband connectivity in the Kingdom, particularly in remote areas. In doing that, we reaffirm our commitment to ensuring that every citizen and resident in this precious land is connected wherever they may be,” he added.

AST SpaceMobile’s mission is to eliminate the connectivity gaps faced by today’s five billion mobile subscribers moving in and out of coverage zones and bring cellular broadband to approximately half of the world’s population who remain unconnected.

Other partners in this effort include leading global wireless infrastructure companies such as Rakuten Mobile, Vodafone Group, American Tower and AT&T.

indie to Acquire GEO Semiconductor

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indie to Acquire GEO Semiconductor

indie Semiconductor announced that it has entered a definitive agreement to purchase GEO Semiconductor.

Acquisition of GEO, a private fabless semiconductor supplier, adds immediate scale to indie’s Image Processing program and enables true sensor fusion of Radar, LiDAR, Ultrasound and Computer Vision solutions in advanced driver-assistance systems (ADAS) applications.

Underpinned by 100 global patents, GEO’s industry-leading, camera-based sensing and viewing capabilities are shipping today to some of the world’s largest automotive OEMs including Honda, Hyundai, Kia, Nissan and Toyota.

With design wins across more than 20 Tier 1s and 400 car models, GEO has programs with every major image sensor supplier in the world and is engaged in multiple EV and autonomous vehicle programs.

Image processing systems are playing an increasingly critical role in ADAS applications with more than 20 cameras on board next-generation vehicles serving different functions from the object and lane detection, to surround view, night vision and driver and occupant monitoring.

Collectively, these functions enable key use cases such as lane change assist, highway pilot, e-mirror, blind spot detection, occupant safety, automated parking and higher levels of driver automation.

In fact, given the increasing attach rate of cameras around the vehicle, IHS is forecasting 265 million camera ECUs will be needed to support the global automotive market in 2023, growing to 430 million units by 2028 and creating an $8.5 billion total addressable semiconductor market.

GEO’s products comprise three generations of application-specific camera video processors, including those focused on viewing, where the video is projected on a display and viewed by the driver, and sense, where the video is processed using advanced computer vision and machine learning algorithms to assist the driver.

The unique ability to support both of these key categories will allow indie to deliver solutions in applications ranging from simple backup cameras to fully Autonomous Driving platforms.

“Camera processing is at the core of the majority of use cases within ADAS applications. indie’s acquisition of GEO Semiconductor immediately rounds out our Computer Vision product portfolio with field-proven, differentiated solutions, enabling us to capitalize on the rapid proliferation of automotive image processors,” said Donald McClymont, indie’s co-founder and CEO.

“Further, this acquisition completes our sensor fusion mosaic spanning Radar, LiDAR, Ultrasound and Computer Vision, bringing us a major step closer towards realizing our strategic vision of enabling the uncrashable car and creating an Autotech powerhouse,” he added.

“We are extremely excited to be joining forces with indie. As a relatively small private company, GEO has made remarkable progress since our founding in 2009 and full pivot to automotive product development in 2015. We’ve launched truly breakthrough vision processing ADAS solutions but were limited in the size of programs we could win,” said Dave Orton, GEO Semiconductor’s president and CEO.

Subject to the terms and conditions of the definitive agreement, indie will pay $180 million in the aggregate to GEO equity and debt holders at closing, comprised of $90 million in cash plus approximately 12 million indie Class A common shares, based on a 20-day VWAP.

In addition, if certain performance targets are exceeded over an 18-month post-closing period, there is an opportunity for such holders to earn up to $90 million more in equity, collared between $8.50 and $11.50 per INDI Class A common share.

The transaction has been approved by the boards of directors of both indie and GEO. indie expects the acquisition to be accretive to 2023 non-GAAP earnings per share.

Five Benefits of Using Digital Twin in Construction Industry

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Mukesh Sharma
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Five Benefits of Using Digital Twin in Construction Industry
Five Benefits of Using Digital Twin in Construction Industry

A digital twin is a virtual replica of a physical object or system, used to simulate its behavior and performance. In construction, a digital twin creates a virtual representation of a building or infrastructure before it’s built. Watch this video to know the five benefits of using a digital twin in the construction industry.

Also Watch: Top 5 BIM Trends For 2023

Swede Airport Operator Partners with NZ Startup to Reduce Airline Emissions

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Jeffy Jacob
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Swede Airport Operator Partners with NZ Startup to Reduce Airline Emissions

Veovo recently announced a partnership with the Swedish airport operator Swedavia that operates 10 Swedish airports for introducing new environmental emission incentives for airlines operating at its largest airports, Stockholm Arlanda and Göteborg Landvetter.

This partnership marks a step forward in Swedavia’s commitment to reducing its carbon footprint and promoting sustainable aviation practices.

Air travel is one of the largest contributors to carbon emissions, and the aviation industry is facing increasing pressure from the Swedish government and environmental organizations to reduce its carbon footprint.

Veovo Revenue Management Software

To address this issue, Veovo Revenue Management software introduced an innovative solution i.e. an automated emission charge calculation. This software helps airlines to accurately calculate and track their carbon emissions, and encourages them to reduce their carbon footprint.

Veovo’s Revenue Management software will reinforce the operator’s strategic focus on sustainability by automatically calculating charges by using industry emission data sets and Swedavia’s innovative environmental charging approach.

Veovo’s software also automatically calculates and tracks carbon emissions in real-time. This allows the airline to have a complete and accurate understanding of their carbon footprint, which is critical in reducing emissions.

The software also provides airlines with the tools and insights they need to make informed decisions about their emissions. For example, airlines can see which flights are the most emissions-intensive, and they can then take action to reduce emissions on these flights. This could involve making operational changes, such as reducing flight altitudes, using more fuel-efficient aircraft, or changing flight paths.

This enables Swedavia to incentivise airlines to switch to more efficient aircraft and accelerate the transition to more sustainable aviation.

Increased Sustainability and Carbon Neutrality

Swedavia recently introduced the CO2 and NOx Emission Charges following a Swedish government requirement that airport charges should be differentiated for environmental purposes. The charge adjustments incentivise the use of more efficient aircraft by penalising those with higher emissions while rewarding cleaner aircraft with an overall airport revenue-neutral effect.

The intelligent automation and flexibility of Veovo’s Revenue Management software allowed Swedavia to rapidly introduce these emission charges while providing full confidence in the accuracy of the billing process. Calculations are kept transparent to the airlines through easy-to-understand invoices.

This partnership between Swedavia and Veovo leverages Veovo’s innovative passenger flow management solutions to incentivize airlines to adopt more environmentally friendly operating practices.

According to Lena Wennberg, Chief Sustainable Development Officer at Swedavia, by the end of 2020, the airline had become completely fossil-free in airport operations & Fossil-free renewable HVO-diesel was being fuelled at Swedavia airports.

Airlines that reduce their carbon emissions will be rewarded with reduced landing fees, making it more cost-effective for them to operate in an environmentally responsible manner. This will benefit the environment and enhance the competitiveness of Swedavia’s airports, making them an attractive choice for airlines looking to reduce their carbon footprint.

AI, GeoInt for Crisis Management in Turkey-Syria Tremor

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Nibedita Mohanta
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AI, GeoInt for Crisis Management in Turkey-Syria Tremor
Atlas of Human Settlements Map for Turkey, 2021

In the early hours of 6th February 2023, Turkey and Syria were hit by a huge earthquake, which was followed by numerous aftershocks. This resulted in collapsing of 200 apartment buildings in central Kahramanmaras and in total 6, 589 buildings from the regions have been badly affected by the earthquake.

Rescue teams from around the world flew in the regions for rescue operations and to provide relief to those affected. Rescue teams were engaged in recovering bodies, rescuing people through the mountain of rubble of collapsed buildings.

According to reports, at least 33, 592 people are dead, at least 85, 276 people are injured and more than 13 lakh people are displaced. It has been identified as “one of the deadliest earthquakes in any given year”, because the region had not had any major earthquakes in more than 200 years.

The rescue operations are still underway to pull out as many people alive from the rubble as possible and provide medical aide to those who are injured.

Atlas AI, a leading provider of geospatial intelligence products informing investment in sustainable and inclusive growth, has announced the public release of its Atlas of Human Settlements (AHS) 2021 data layers for Turkey and Syria in response to the recent earthquake.

“We’re proud to make the Atlas of Human Settlements dataset covering Turkey and Syria freely available to government and humanitarian agencies supporting the response to this tragic crisis, and we are committed to continue enhancing this product in the days and weeks to come as needs emerge,” said Abe Tarapani, CEO of Atlas AI.

ALSO READ: Combatting Cyberterrorism via Spatial Insights

Crucial intelligence service

The AHS data offers crucial intelligence for crisis management bodies in their immediate efforts to respond to the disaster, as well as to help inform the most sustainable approach to long-term rebuilding efforts. It helps in accessing the infrastructure using satellite imagery and AI to help identify the critical areas, so that rescue team can estimate the best approach to save more lives.

Available on Google Cloud’s Analytics Hub and powered by BigQuery, the AHS provides a comprehensive and up-to-date view of human settlements around the world, delivering precise information on the evolving footprint and density of human activity through the application of artificial intelligence (AI) to satellite imagery.

“Analysis of the built environment assets affected by a natural disaster can help guide search and rescue efforts, improve distribution of humanitarian aid, and prioritize mid- and long term reconstruction and investment planning,” said Tarapani.

ALSO READ: Location Intelligence to Map Gender Violence

Up-to-date crisis data

With the outdated information offered by the best alternative source, the Global Human Settlement Layer (GHSL) from 2018, the AHS layers offer the most up-to-date pre-crisis data from 2021, are of superior quality, and are delivered with annual updates at a spatial resolution of 10 meters.  The package includes three data products, including a built-up surface map, built-up index map, and settlement map. The AHS product is explicitly designed to help response agencies answer questions such as:

  • Where were buildings clustered in the highest density before the incident?
  • Which clusters coincide with the highest population density?
  • How best to approach / access the densest built-up parts within settlements?

“Years of research and development have gone into the AHS solution, making it possible to produce high resolution global settlement maps within hours of a crisis,” said Georgios Ouzounis, Head of AI Research at Atlas AI.  “Nothing can be more fundamental than ensuring we have an up to date and accurate picture of where people live on the planet to inform a wide range of investment and humanitarian activities.”

Location data used for better reach

Unlike other products that offer dynamic traces of population based on mobile phone records and app location traces, Atlas AI focuses on the relationship between the built environment and human settlement — where people have been known to be living and working.

Knowing this with precision can help response efforts in prioritizing outreach to the most densely settled and built up parts of the region, which are likely to be most affected by a natural disaster such as an earthquake.

ALSO READ: Assessing Infra Damage in War-torn Ukraine

Alpha Wireless & Bigbelly Join Forces for 5G Deployment

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Alpha Wireless & Bigbelly Join Forces for 5G Deployment

Antenna solutions provider Alpha Wireless has announced a licensing agreement with public waste solutions specialist Bigbelly to offer a turnkey 5G cell site solution with integrated antenna, mast, connectors and enclosure.

The complete site enclosure kit features the Bigbelly Tellybelly waste and recycling platform designed to host and conceal network equipment.

The companies want to address the challenge network operators have of finding new ways to densify site deployments for faster, simpler scaling. This need is particularly critical in urban and suburban environments where traditional macrocell site build-outs have become difficult, driving a demand for smaller form factors and more aesthetically pleasing concealment solutions.

With an integrated, multi-purpose enclosure, operators and neutral hosts can quickly and discreetly deploy radio access network (Ran) equipment in public spaces.

“Given the saturation of traditional cell sites in many cities and suburbs worldwide, network operators need to explore a new approach to Ran deployments before they can fully realise the promised 5G customer experience of higher speeds and lower latency,” said Monica Paolini, principal, Senza Fili, an analyst and consulting firm that provides advisory support on wireless technologies and services.

The turnkey site enclosure kit can be configured with various Alpha Wireless antenna options, such as ultra-compact antennas for urban small cells or shared tri-sector antennas for macrocell deployments, supporting up to three operators in one neutral host site.

In addition to the antenna and mast, each Telebelly can accommodate six radios plus cabling, with co-location capabilities for multiple enclosures per site. This scalable solution enables network operators worldwide to expand deployments to deliver improved connectivity experiences in high traffic areas where coverage is most needed.

3C & Horizon Aircraft Sign MOU for Collaboration on Certification & Services

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3C & Horizon Aircraft Sign MOU for Collaboration on Certification & Services

3C and Horizon Aircraft signed a Memorandum Of Understanding (MOU) under which the two companies will collaborate on aspects of the continued development and path to certification of Horizon Aircraft’s Cavorite X5 program.

The MOU establishes a framework for ongoing expansion of collaboration as the Cavorite X5 program evolves and will give Horizon access to services and expertise that includes; gap analysis, certification planning, certifiable design consulting, training, flight test planning and execution, and eventual airworthiness approval.

The collaboration will also enable both companies to work together on future business development opportunities and strengthen the case for this exciting “made-in-Canada” program.

“We have been following the Cavorite X5 program from a distance for some time now and are very impressed with many of the business and design decisions that Horizon Aircraft have taken thus far on the program. We believe wholeheartedly that Canada must have one or more OEMs for imaginative platforms like this and are delighted to have teamed up with the Horizon Aircraft folks to try and help them do exactly that,” says Phil Cole, VP Business Development of 3C. “Based on extensive prior experience, Horizon Aircraft understands the challenges ahead both with airworthiness approval and with vehicle operations. Accordingly, they are taking a very pragmatic approach to their development in order to significantly lower program risk.”

“We are humbled and grateful to be able to work with John Maris and his world class team at 3C,” says Brandon Robinson, Chief Executive Officer Horizon Aircraft. “3C is an internationally recognized company that has led successful certification programs on numerous aircraft, has deep technical expertise in aircraft design, and has deep connections within the Canadian aerospace community. This partnership will help to further reduce technical risk as we build our innovative project towards an exciting and sustainable future.”

Genasys Inc. Awarded Contract to Provide Critical Notifications to Aramco

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Genasys Inc. Awarded Contract to Provide Critical Notifications to Aramco

Genasys Inc., the global leader in critical communications systems and solutions that help protect and keep people safe, today announced a contract with Aramco for Genasys Emergency Management (GEM) enterprise services.

Genasys was awarded the contract by Aramco over other leading mass notification software providers as a result of a competitive bidding process.

Richard Danforth, Chief Executive Officer, Genasys Inc. said, “This award from one of the world’s leading companies is a significant win for Genasys and our emergency management Software-as-a-Service (SaaS). Under the contract, Aramco will use GEM to create, manage, and deliver geo-targeted, multichannel notifications to employees if risk is detected.”

Peter Ayre, Vice President of Sales (Middle East, Africa and Central Asia), Genasys Inc. commented, “By simultaneously sending critical communications through SMS, voice calls, email, and other channels, our cloud-based SaaS solution will provide Aramco employees many ways to receive real-time alerts during an emergency.”

Mr. Danforth added, “Our SaaS team is working with Aramco’s technical engineers on implementing GEM company-wide.”

GEM is easily integrated with active directories, Human Resources, visitor management, and building control systems to empower enterprise customers to protect workers, traveling employees, contractors, and visitors. By adding a powerful and intuitive orchestration and management layer on top of existing physical and digital infrastructure, GEM extends the clarity, reach and range of critical communications.

Regulus Cyber launches Ring – next-gen UAS system using unique GNSS manipulation

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Regulus Cyber launches Ring – next-gen UAS system using unique GNSS manipulation

GNSS

Regulus Cyber – a leading expert in software-based GPS/ GNSS security – is launching the first fully-operational, small-form-factor counter-UAS system using unique GNSS manipulation technology to defeat all UAS threats, including swarms, multi-direction attacks, dark drones, manually-piloted drones and 4G/5G drones.

In a timely development given the use of drones to attack tanks in the current conflict, this groundbreaking Ring system uses proprietary, combat-proven GNSS manipulation to take control of the drone and deflect, hold or crash it, or force it to land.

Whilst jamming requires several RF channels to be jammed to be successful, and can therefore inadvertently affect various other systems in the surrounding area, the GPS-disruption approach can be used to target and neutralize a single threat, or unlimited threats simultaneously, using very low-power transmission on a single channel, assuring low collateral damage only on the GNSS channel.

The detection capabilities of the field-proven Ring R1 add-on include a detection range of up to 1.5 km and fast scanning of the RF spectrum, with minimum dead spots, for coverage that is more scalable and effective than other solutions. It has a minimal false-alarm rate and provides accurate classification of threat types – for example DJI or Parrot – with threat alerts based on profile matches. The Ring R1 is suitable for operation in multi-threat environments, and non-line of sight, bad weather and low visibility conditions.

Already deployed by a leading army across various locations and platforms, the affordable, compact, lightweight and man-portable system is easy to operate and can be deployed and ready in less than ten minutes. “Red Button” effectiveness enables the operator to quickly react to any threat in the area using a simple mechanical switch interface, reducing the cognitive load and maintaining focus on the main mission and immediate threats. The high-precision, low-power system has a range of up to 5km in its basic configuration.

Fully compliant with any privacy regulations, such as GDPR, Ring transmits but does not receive or record any target data. The system works out of the box, with no protocol reverse engineering and no whitelisting required.

It is capable of manual or automatic operation, C2 based or mechanical, 24/7, and is effective either stand-alone or integrated with any detection system or C2 interface via a simple API. It can be used whilst stationary or on the move, on any relevant platform or location, and creates minimal RF footprint and low collateral damage.

“Drones today are inexpensive, highly available, practical and lethal,” says Yonatan Zur, CEO & Co-Founder of Regulus Cyber. “Drone attacks are difficult to detect or react to. There is a real and pressing need for forces to neutralize drones simply and effectively; we need only look at the current conflict in the Ukraine to see how they are being used to attack tanks and forces deployed in the field. Regulus has developed a unique technology which, for the first time, can intercept most unmanned aerial systems, replacing jamming and cyber-hacking, which are complex to operate and might affect other systems and communications being used by the force. Successfully tested against over 30 different platforms – including multi-rotor and fixed wing, and naval and land-based threats – Ring has already been selected by defense, police, and HLS forces around the world, and has been Battle Proven with excellent performance in real-world conflicts, stopping real-world threats.”

South Australian Startup AICRAFT Launched Edge Computing Device to Space

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South Australian Startup AICRAFT Launched Edge Computing Device to Space

South Australian artificial intelligence (AI) company AICRAFT has successfully launched its edge computing module to set a record for Big Data processing on orbit.

The device was launched on Friday 10 February 2023 on board the JANUS-1 satellite of Antaris Space from the Satish Dhawan Space Centre of India under a commercial arrangement with NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO).

As a key sub-system of the JANUS-1 satellite, AICRAFT’s edge computing module, named Pulsar, will perform ultra-fast processing of space data using artificial intelligence at lowest power consumption.

In its preliminary tests on the ground, the company has demonstrated the ability to classify 1,250 images of Earth Observation data in about 10 seconds! This was achieved using the device in low-power mode which the company expects to enable 24/7 computation, even on ‘shoe-box-size’ nanosatellites compared to the 10 minutes a day with current market solutions.

The module offers the advantage of being highly customisable depending on the host satellite, mission duration and orbit, making it resilient but also affordable for a variety of customers and New Space entrants. From a software perspective, the module supports over 20 of the most popular machine learning frameworks with users able to develop algorithms for Pulsar in the same way they are developing on desktops and leveraging from open-source software.

The CEO of AICRAFT Dr Tony Scoleri said, “Getting to this point was a phenomenal journey for us. The JANUS-1 mission gave us the focus to build an advanced and space-grade AI technology in a very short time (9 months) and provided a springboard for AICRAFT to enter the space ecosystem. The collaboration with the US-based Antaris Space commenced through their Australian subsidiary company which is also a member of the Aurora Space Cluster, an initiative of SmartSat CRC for startups, and enabled to combine forces.”

Antaris, the software platform provider for space, fully conceived, designed and manufactured a satellite using the company’s own software end-to-end in a world’s first cloud-based environment. Creation of the satellite JANUS-1 involved eight organisations spanning seven countries collaborating virtually through Antaris’ cloud-based platform, which features open APIs and core open-source elements.

AICRAFT and Antaris signed a Memorandum of Understanding (MOU) at the Australian Space Forum in Adelaide, South Australia in March 2022. The satellite JANUS-1 was completed in just 10 months from concept to launch readiness, with a cost saving of 75% over comparable satellite missions. It features AICRAFT’s edge computing module Pulsar that was designed and manufactured in Australia and the only Australian payload in this mission.

Commenting on how the future looks for AICRAFT after the landmark JANUS-1 mission, Dr Scoleri said, “This is an exciting flight for us, and we are already in conversations with potential customers for our next mission.”

Five Key Trends to Watch out for in AgriTech

By
Mallory Dodd
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Five Key Trends to Watch out for in AgriTech

Technological advancements in agriculture have been empowering farmers to efficiently meet the ever-growing demand for food and raw materials for decades. The invention of tractors and other mechanized agricultural equipment at the turn of the 20th century empowered farmers to produce agricultural products faster and fulfill market demand more quickly.

In 1959, the discovery of drip irrigation allowed farmers to utilize water – a critical resource – more optimally and reduce wastage. As the human population across the world continues to increase exponentially and climate change becomes an ever-growing threat, it is imperative to continue developing new innovations in agriculture that can meet these high-stakes demands.

And the impacts are not only environmental. In India today, as with many other nations around the world, agriculture is considered the backbone of the economy – adding a significant financial impact to these technologies as well.

According to a recent report by Avendus Capital, Indian agritech is expected to lead the next decade’s technology-first value creation opportunity, growing at a CAGR of 50 percent over the next five years and addressing a $34 billion market by 2027. It is expected to replicate the success of other tech sectors, creating unicorns within only a couple of years.

So what are some of the key trends and innovations driving such growth in agritech for 2023 and beyond?

Agricultural AI

Like many other sectors, the agriculture ecosystem offers volumes of unstructured data which can be processed to build meaningful input for AI-driven solutions. As data is collected from various sensors, either placed in crop fields or on mechanized farming equipment, AI algorithms can perform detailed analytics to enhance precision agriculture.

For example, AI can play a crucial role in optimizing water management and energy consumption by monitoring the distribution process and analyzing the output data for desired results, leading farmers to make better decisions about resource allocation. Machine learning and deep learning techniques are also being used in soil and crop monitoring in a number of ways, and are rapidly becoming an integral part of the agriculture ecosystem.

Agricultural Robotics

As the demand for food production and agriculture increases with the rise in population, the actual supply of agricultural labor to meet that demand continues to pose significant challenges.

Turning to mechanized solutions to address that problem is nothing new –  motorized tractors and farm equipment had significant impacts on reducing manual labor throughout the planting cycle. Agricultural robotics is the next phase in that evolution. Mobile farming robots can collect real-time data in the fields and, with the help of AI, make real-time decisions (such as whether to spray fertilizer or pesticides) based on that data.

Farmers can utilize robot swarms to complete repetitive and time-consuming tasks across an entire field at once. Such automation reduces resource consumption and human error, resulting in cost efficiency and improved crop quality.

Drones

Unmanned aerial vehicles (UAVs), commonly known as drones, can provide farmers with a bird’s-eye view of their crop fields. This helps to monitor plant health, handle livestock management, perform soil surveys, check weather conditions, and much more.

Data collected from drones can help farmers to understand the current state and progress of crops to be able to design appropriate solutions. For example, drone imagery can inform farmers about the overall growth of crops and identify pockets infested by pests or areas where the soil is barren, leading to informed decisions on the right treatment for pest control and soil restoration.

Internet of Things (IoT)

Data collection is becoming an integral part of the agricultural process. Farmers are turning to IoT solutions to make an increasing number of decisions, such as the type of pesticides and fertilizers to be used for reaching optimal efficiency, monitoring weather conditions, controlling and managing production processes, and lowering production risks.

The practice of employing IoT sensors, such as RFID chips, enables farmers to optimize all aspects of their work, encompassing both crops and livestock. IoT can also help farmers to observe and manage their fields and cattle remotely by equipping their properties with smart data-driven devices.

Big Data Analytics

Data is key for any modern technology to function efficiently. As illustrated in the previous points, innovation is all about utilizing the available data to build the right solutions. Employing tools and methods for meaningfully analyzing this data makes agricultural production more adept, practical, and well-regulated, while being sustainable for the environment and economy.

While the growing momentum in agricultural technology indicates a bright future for this sector, there remain many challenges with the adoption and implementation of these technologies in many critical crop-producing parts of the world. In India for example, widespread adoption is hindered by the lack of access to technological resources and inherited dependency on traditional farming methods for many rural communities.

To tackle this, governments and administrations need to empower farmers with the right knowledge, resources, and training to fully actualize the benefits that agritech can bring to their local economies as well as their personal livelihoods.

At the G20 Summit 2022 in Indonesia, worldwide leaders committed to supporting the adoption of innovative practices and technologies, including digital innovation in agriculture and food systems, to enhance productivity and sustainability.

The goal of these efforts is to promote farmers’ and fishers’ livelihoods and increase income through raising efficiency and providing equal access to food supply chains. More efforts need to continue to be made to distribute access to agricultural technology, particularly in those nations where agriculture comprises a significant portion of the economy.

Agritech offers powerful solutions to address several of the major worldwide challenges for optimum food production. This amalgamation of human skill and powerful data analytics technology enables farmers to extract the best possible results from agricultural processes and systems. As we step into the future, agritech has the potential to be at the forefront of the technological transformations that will create truly sustainable communities.