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CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that it has entered into an agreement to acquire 100% of the capital stock of Raven Industries, Inc. (NASDAQ: RAVN), a US-based leader in precision agriculture technology for US$58 per share, representing a 33.6% premium to the Raven Industries 4-week volume-weighted average stock price, and US$2.1 billion Enterprise Value.

Congratulations to Kyle Doverspike, Senior Application Engineer, on winning our June Team Member Spotlight! Kyle was recommended for this honor by Russ Van Der Werff, Director of Engineering, and the Raven Aerostar senior leadership...

The NASA TechRise Student Challenge, which will start accepting entries in August, will invite teams of sixth to 12th-grade students to submit ideas for climate or remote-sensing experiments to fly on a high-altitude balloon, as well as space exploration experiments to fly aboard a suborbital rocket. Raven Aerostar will help students bring their ideas of technology-driven experiments to the edge of space or beyond via a high-altitude balloon.