All Updates

All Updates

icon
Filter
M&A
Agri-tech companies Redshield Electronics and LSA Autonomy merge to create MACH
Smart Farming
Jan 4, 2023
This week:
Product updates
Hexagon unveils Advanced Compensation for metal 3D printing
Additive Manufacturing
Yesterday
Funding
Eden AI raises EUR 3 million in seed funding to accelerate product development
Generative AI Infrastructure
Nov 21, 2024
M&A
Wiz acquires Dazz to expand cloud security remediation capabilities
Next-gen Cybersecurity
Nov 21, 2024
Partnerships
Immutable partners with Altura to enhance Web3 game development and marketplace solutions
Web3 Ecosystem
Nov 21, 2024
Funding
OneCell Diagnostics raises USD 16 million in Series A funding to enhance cancer diagnostics
Precision Medicine
Nov 21, 2024
Partnerships
BioLineRx and Ayrmid partner to license and commercialize APHEXDA across multiple indications
Precision Medicine
Nov 21, 2024
Product updates
SOPHiA GENETICS announces global launch of MSK-IMPACT powered with SOPHiA DDM
Precision Medicine
Nov 21, 2024
Product updates
Biofidelity launches Aspyre Clinical Test for lung cancer detection
Precision Medicine
Nov 21, 2024
Partnerships
Spendesk partners with Adyen to enhance SMB spend management with banking-as-a-service solution
Business Expense Management
Nov 21, 2024
M&A
Mews acquires Swedish RMS provider Atomize to enhance Hospitality Cloud platform
Travel Tech
Nov 21, 2024
Smart Farming

Smart Farming

Jan 4, 2023

Agri-tech companies Redshield Electronics and LSA Autonomy merge to create MACH

M&A

  • Redshield Electronics and LSA Autonomy, two agricultural technology companies, merged to form MACH, which aims to convert farm equipment into self-driving vehicles. The financial terms of the deal were not disclosed.

  • MACH, based in the Iowa State University Research Park in Ames, will collaborate with equipment manufacturers to transform tractors and other farming and off-highway equipment into self-driving vehicles for farmers.

  • The two companies involved in the merger have different areas of expertise in the self-driving vehicle industry. Redshield Electronics primarily served the agricultural sector, whereas LSA Autonomy was founded to address autonomy needs across multiple U.S. government sectors.

  • Colin Hurd, the founder and CEO of Smart Ag, a driverless tractor company acquired by Raven Industries in late 2019, will serve as CEO of the newly formed company. Rhett Schildroth, who founded and led Redshield Electronics, will remain at MACH as chief technology officer.

  • Redshield Electronics specializes in providing autonomous solutions for agriculture and landscaping. The company’s products include a vehicle control unit (VCU), a vision module, and mission control software.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.