Blockchain/AI/IoT | December 13, 2017

Rimonim Fund backs Skyx’s agricultural drone software

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Farmer Finance

A fleet could cover up to 150 acres per day

PC: The Drone News

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.