Indigo Ag, Inc. has acquired TellusLabs. Indigo adds TellusLabs' proprietary platform and staff of experts to reduce risk and increase yield potential for growers. With this technology and personnel, Indigo will expand the scope and precision of its data insights and recommendation platform. These insights will bring transparency to the global food system while supporting grower profitability, environmental sustainability, and consumer health.
TellusLabs has built a living map of the world's food supply, tracing farm management decisions and agronomic parameters in real time, including field boundaries, crop type, planting and harvest dates, and overall crop performance. When paired with proprietary machine learning, the platform can infer the environmental impact of farming practices from space. Combining these insights with weather and other historical data, along with predictive algorithms, TellusLabs built their flagship product, Kernel, to gather insights on the global food system. This product, capable of monitoring crop progress daily and forecasting crop yields prior to harvest across the globe, will be leveraged by Indigo to enable data-based decision- making for growers and buyers throughout the season.
At Indigo, we are always looking to expand and improve our offering to growers, said David Perry, Indigo's CEO. TellusLabs' technology will bolster our effort to produce rigorous and useful agronomic recommendations tailored to each acre of a farm. And the team behind the technology is fundamentally aligned to our mission.
Indigo's microbial products have been shown to increase the drought resistance, nutrient use efficiency, and yield of crops. Understanding the grower's yield potential and unique land characteristics with TellusLabs' spatial insights allows Indigo agronomists to make recommendations to improve overall crop yield and quality throughout the season. In addition, by utilizing geospatial insights to optimize the agricultural value chain, Indigo will further enhance its ability to deliver high-quality, sustainably grown crops to the right buyers.
We imagine the combination of satellite data and machine learning providing a spectrum of insights to growers from the past, in the present, and for the future of their farms, said Geoffrey von Maltzahn, Indigo's Co-Founder and Chief Innovation Officer. Understanding each field on its own terms, identifying the features that make them unique, and predicting the best products...