Muddy Machines Acquires Key Assets and IP from Fox Robotics
Muddy Machines收购Fox Robotics的关键资产和知识产权
- 关键词：
- 来源：
- Muddy Machines；Global Ag Tech Initiative；
- 类型：
- 前沿资讯
- 语种：
- 英语
- 原文发布日期：
- 2024-12-06
- 摘要：
- Muddy Machines has announced that it has successfully acquired the majority of key assets and intellectual property from Fox Robotics, including its farm logistics robots. This strategic acquisition positions Muddy Machines as the go-to provider of robotic vehicles for use on farms, diversifies the product portfolio, and allows the business to offer a broader range of solutions to growers.“We are thrilled to integrate Fox Robotics’ innovative vehicle into our lineup,” said Chris Chavasse, CEO of Muddy Machines. “Their technology aligns perfectly with our mission to solve labor challenges in horticulture with electric robots that carry out labor-intensive fieldwork and increase worker productivity.”As part of the acquisition, Muddy Machines will rebrand Fox Robotics’ logistics robot platform to Squirrel. By diversifying our product portfolio, we can better serve the needs of growers. Squirrel complements our existing solutions by providing farmers with an efficient means to transport goods, supporting different parts of their workforce and operations.With this development, Muddy Machines is entering a pivotal stage of its growth and is currently raising funds to accelerate delivery of its products to market. We welcome inquiries from investors interested in supporting advancements in agricultural robotics.About Sprout and SquirrelSprout, Muddy Machines’ existing robot, is a precision agriculture platform for specialty crops grown in open fields. Its initial tool, a selective green asparagus harvester, was successfully trialed earlier this year. With partnerships in place, Muddy Machines is developing additional tools for precision weeding, planting and spraying. This versatility unlocks true precision agriculture and the cultivation of high-value field vegetables.Squirrel expands Muddy Machines’ reach into the berry and fruit sector. Capable of operating both outdoors and in polytunnels, Squirrel addresses the unique challenges of berry and fruit farming. Initially serving as an autonomous carrier for heavy loads between workers, it increases worker productivity and addresses critical labor gaps in seasonal horticulture.“By combining the strengths of Sprout and Squirrel, we’re offering a comprehensive suite of electric robotic solutions that directly tackle the labor challenges faced by the horticulture industry,” added Chavasse. “Our robots are designed to assist farm workers by carrying out labor-intensive tasks, making their jobs easier and more efficient.”Addressing Economic ChallengesRecent increases in the minimum wage and National Insurance contributions in the United Kingdom have placed additional financial pressures on growers, squeezing profit margins and making it more challenging to sustain traditional farming practices. By delivering advanced robotic solutions like Sprout and Squirrel, Muddy Machines aims to alleviate this pressure, offering growers efficient and cost-effective tools that support farm workers.“Our diversified product line will give farmers new tools to maintain productivity and profitability in the face of economic challenges,” said Chavasse. “We are committed to supporting the agricultural community with technology that solves their biggest challenge, the availability of labor.”The integration of these assets will accelerate the development of our existing projects and expand our offerings to serve customers better. With the addition of Squirrel, Muddy Machines is now better equipped than ever to lead the way in agricultural robotics, providing the electric robots necessary for the future of farming.
- 所属专题：
- 63
