Farmer Finance
A fleet could cover up to 150 acres per day
The Israeli agtech venture capital firm made an undisclosed investment in Skyx.
The startup’s software helps agricultural drone users to operate a “fleet” of drones, rather than one at a time.
Drones can allow for more controlled and precise pesticide and chemical application than planes, tractors or handheld sprayers. A limitation is that most drones are too small to efficiently cover larger plots of land.
A fleet could cover up to 150 acres per day. “With a swarm, you can achieve a competitive price point,” Skyx’s Eylon Sorek told AgFunderNews.