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Raven Industries, Inc. will host its 2019 Investor Day today in New York City. The event will provide an overview of the Company’s strategic plan, with specific focus on two strategic platforms for growth: Raven Autonomy™ and Raven Composites™. The event will be hosted by Dan Rykhus, President and Chief Executive Officer, and Steven Brazones, Vice President and Chief Financial Officer.

At Raven, a critical part of our commitment to quality is our dedication to continuously improving our services and processes. Raven Aerostar Flight Services Technician Eric Eigenberg improved the quality on multiple campaigns by recognizing and capitalizing on opportunities to improve, delivering high-quality results to both our customer and our flight operations team. Congratulations, Eric, on being named our November Team Member Spotlight winner!

Raven Industries (NASDAQ:RAVN) announced today that it has acquired Smart Ag Inc., a technology company that develops autonomous farming solutions for agriculture. This acquisition is part of Raven Autonomy™, the Company’s strategic growth platform to become the industry leader in autonomous agriculture solutions. Complementing the Company’s Applied Technology division, a leading technology provider in the precision agriculture industry, this acquisition will be integrated into the division’s business and technology portfolio with the intent to create autonomous solutions for the precision ag market.

Raven announced today that Raven Aerostar Technical Solutions was awarded a $5.7M contract to deliver TIF-25K® Aerostat Systems sparing hardware to six existing aerostat sites in Afghanistan. Raven Aerostar Technical Solutions was also awarded a $4.7M contract to deliver two TIF-25K Aerostat Systems and associated sparing hardware in support of two additional aerostat sites in Afghanistan. Both contracts will be delivered within the next 12 months.