Agritech pioneer, Greeneye Technology, announces the commercial launch of its unique AI-enabled precision spraying technology. Marking a major milestone in its mission to significantly reduce chemical usage in agriculture and increase productivity and profitability for farmers, the company has secured its first commercial sale with one of the largest farming operations in Israel.
Significantly, this news represents the first stage in Greeneye’s global roll-out, which will continue in early 2022 with its launch in North America, where it will initially work with corn and soybean farmers in the Midwest, before increasing availability to other states in 2023. Reflecting the growing demand from farmers for a commercially-viable precision spraying solution, Greeneye’s early adopter program in North America was oversubscribed within days of its announcement, and the company already has a long waiting list of customers for 2023.
Backed by leading global agrochemical manufacturer, Syngenta, Israeli-based Greeneye Technology has developed a proprietary precision spraying technology that is proven to cut herbicide use by 78%1 and reduce herbicide costs by more than 50%1 (average figures) while also improving weed control efficacy compared to traditional broadcast spraying (see video). This breakthrough is achieved with the use of AI technology that can detect and spray weeds amongst crops (green on green) with 95.7% accuracy. Crucially, the system is designed to integrate seamlessly into any brand or size of commercial sprayer, removing the need for farmers to invest in new machines. It also ensures that precision spraying can be carried out at the same travel speed as broadcast spraying – 20 km/h – ensuring no reduction in productivity for farmers.
Nadav Bocher, CEO, Greeneye Technology, comments: “Weeds represent one of the greatest threats to global crop production – in the US alone, they are estimated to cost farmers more than $33b2 in lost production annually.