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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.

When it comes to striving for your personal Peak Performance, it is very helpful to have a mentor to guide you along the way. Julie Larson, a Trainer for Raven Applied Technology, utilizes her time and gifts, providing advice and guidance to both to her colleagues and to students in our local schools. Congratulations, Julie, for being named October's Team Member Spotlight winner!

At Raven, we are committed to innovation and continuous improvement. Yuri Sneyders, Staff Research Engineer; Jonathan Mathews, Software Engineer; David Rislov, Staff Software Engineer; and Robert Haar, Engineering Team Lead, did an excellent job of improving an innovative product, making our VSN™ system easy to use for customers by developing efficient algorithms. Congratulations, team, for winning the September Team Member Spotlight!

Raven is once again expanding its class-leading product line to help ag retailers and growers boost their efficiency and profits. The new VSN™ visual guidance system uses state-of-the-art image sensor and processing technologies to deliver quick response and better control. VSN maintains row guidance at industry-required spraying speeds — from the time when crops are just a few inches post-emerge up to a nearly full canopy — without the use of mechanical feelers.