Raven Industries Snaps Up Patent Portfolio Of Jaybridge Robotics
Raven Industries has acquired the intellectual property (IP) and
patent portfolio of Jaybridge Robotics for an undisclosed amount.
The agricultural technology company intends to leverage this patent
portfolio for the development of Raven’s Driverless Ag Technology
which also includes the integration of this technology into Raven’s
AutoCart platform. Raven Industries’ (RAVN) Director of Technology
Solutions, Jared Kocer said, “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. Having this technology will
allow us to accelerate the development of vehicle automation for
agriculture equipment applications.