CNH Industrial invests in Stout Industrial Technology
09 Dezember 2022 - 3:00PM
Accelerating Artificial Intelligence capabilities to sustainably
advance agriculture
London, December 9, 2022
CNH Industrial has acquired a 10% minority stake
in Stout Industrial Technology
(Stout). The US-based startup is focused on smart implements for
agriculture that are powered by Artificial Intelligence (AI).
Enhancing
our See & Act machine
learning capabilities
See & Act allows machines to carry out tasks
based on sensor-detected data. Stout has demonstrated results in
this field with their Smart Cultivator – a
software-controlled implement for tractors that uses cameras, AI
and proprietary vision technology to distinguish crops from weeds.
Once identified, the implement simultaneously cultivates crops and
removes weeds.
Ultimately this technology simplifies
cultivating and weeding for our
customers, letting them perform the tasks
simultaneously – and without the use of chemicals. Stout’s existing
platform expands our mechanical weeding product offering and will
accelerate our development of further cultivation solutions. Stout
machines will soon be distributed via our New Holland brand’s
dealer network.
Smart implement technology is one of the many
ways that CNH Industrial is Breaking New Ground for the world’s
farmers.
CNH Industrial (NYSE: CNHI /
MI: CNHI) is a world-class equipment and services company. Driven
by its purpose of Breaking New Ground, which centers on Innovation,
Sustainability and Productivity, the Company provides the strategic
direction, R&D capabilities, and investments that enable the
success of its global and regional Brands. Globally, Case
IH and New Holland Agriculture supply
360° agriculture applications from machines to implements and the
digital technologies that enhance them; and CASE
and New Holland Construction Equipment deliver a
full lineup of construction products that make the industry more
productive. The Company’s regionally focused Brands include:
STEYR, for agricultural tractors;
Raven, a leader in digital agriculture, precision
technology and the development of autonomous systems;
Flexi-Coil, specializing in tillage and seeding
systems; Miller, manufacturing application
equipment; Kongskilde, providing tillage, seeding
and hay & forage implements; and Eurocomach,
producing a wide range of mini and midi excavators for the
construction sector, including electric solutions.
Across a history spanning over two centuries,
CNH Industrial has always been a pioneer in its sectors and
continues to passionately innovate and drive customer efficiency
and success. As a truly global company, CNH Industrial’s 37,000+
employees form part of a diverse and inclusive workplace, focused
on empowering customers to grow, and build, a better world.
For more information and the latest financial
and sustainability reports visit: cnhindustrial.com
For news from CNH Industrial and its Brands
visit: media.cnhindustrial.com
Media contacts:
Rebecca Fabian |
Anna Angelini |
North America |
United Kingdom |
Tel. +1 312 515 2249 |
Tel. +44 (0)7725 826 007 |
mediarelations@cnhind.com
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