STOCK TITAN

Trimble to Provide Advanced Positioning Systems to Sabanto for Enhanced Autonomous Tractor Performance

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Trimble (NASDAQ: TRMB) and Sabanto integrate Trimble BX992 Dual Antenna GNSS receivers with Trimble CenterPoint® RTX for centimeter-level accuracy in autonomous farming equipment. The partnership aims to enhance productivity, minimize downtime, and alleviate workforce shortages for farmers.
Positive
  • Integration of high-accuracy positioning technology in autonomous farming equipment
  • Investment in early and growth-stage companies accelerating innovation and sustainability in agriculture industry
Negative
  • Reliance on correction stream-switching due to unreliable cell service in remote areas

Trimble's Dual Antenna GNSS receiver and real-time positioning service will provide centimeter-level accuracy for farmers utilizing autonomous equipment

WESTMINSTER, Colo., Dec. 7, 2023 /PRNewswire/ -- Trimble (NASDAQ: TRMB) and Sabanto have announced the integration of Trimble BX992 Dual Antenna GNSS receivers with Trimble CenterPoint® RTX into Sabanto's autonomy solutions. Trimble will act as Sabanto's key autonomous technology provider, delivering high-accuracy positioning to its fleet.

Farmers need the highest level of uptime and reliability to avoid service disruption. Leveraging Trimble's BX992 GNSS receiver and satellite-delivered Trimble CenterPoint® RTX corrections service, Sabanto's autonomy solutions can now receive centimeter-level L-Band corrections nearly anywhere in the world. With precise positioning and autonomous operation, farmers can realize greater productivity, minimize downtime and input costs, and alleviate workforce shortages through the use of autonomous vehicles.

"In 2022, Trimble Ventures announced an investment with Sabanto focused on autonomous workflows in farming applications. This announcement underscores our goal to invest in early and growth-stage companies that are accelerating innovation, digital transformation and sustainability in the industries Trimble serves," said Finlay Wood, general manager, off-road autonomy, Trimble. "It's exciting to witness how Trimble's technology and our Trimble Ventures relationship can accelerate the adoption of autonomy in the agriculture industry, as evidenced by this next phase of our collaboration with Sabanto."

In addition to RTX corrections, Trimble will offer correction stream-switching enabling farmers to automatically switch from IP to satellite seamlessly, to provide the best signal in every environment.

"With a customer base in agriculture, as well as municipalities and airports with a remote environment, our customers are often in areas without reliable cell service, so a reliable correction signal is extremely important to keeping our autonomous machinery working around the clock," said Craig Rupp, founder and CEO of Sabanto. "It's exciting to see our two businesses find synergies that will improve ag autonomy, delivering a better experience for our farmers through continuous connectivity, regardless of the environment."

About Sabanto
Headquartered in Itasca, Illinois, Sabanto's mission is to accelerate autonomy in agricultural machinery to solve two primary problems: (i) the increasingly acute scarcity of labor in rural areas and (ii) the ever-increasing capital expenses of modern ag machinery. Sabanto's core competency lies in low-cost retrofits to existing agricultural machines, regardless of make or model, and the development of supporting software to maximize the utility of autonomous technology, increasing producer ROI. Learn more at https://sabantoag.com.

About Trimble Autonomy 
Trimble Autonomy delivers leading positioning and orientation technology to major industrial markets worldwide. This approach to autonomy is built on decades of engineering expertise, system intelligence and field-proven solutions, covering billions of acres and millions of miles. Trimble's autonomous technology enables advanced action in any environment, designed to meet the unique needs of our customers no matter where they are on their autonomy journey. For more information, visit: autonomy.trimble.com.

About Trimble
Dedicated to the world's tomorrow, Trimble is a technology company delivering solutions that enable our customers to work in new ways to measure, build, grow and move goods for a better quality of life. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products and enterprise lifecycle solutions to industry cloud services, Trimble is transforming critical industries such as construction, geospatial, agriculture and transportation to power an interconnected world of work. For more information about Trimble (NASDAQ: TRMB), visit: www.trimble.com.

GTRMB

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/trimble-to-provide-advanced-positioning-systems-to-sabanto-for-enhanced-autonomous-tractor-performance-302008415.html

SOURCE Trimble

FAQ

What technology is Trimble integrating with Sabanto for autonomous farming equipment?

Trimble is integrating the BX992 Dual Antenna GNSS receivers with Trimble CenterPoint® RTX for centimeter-level accuracy in autonomous farming equipment.

What are the benefits of the integration for farmers?

The integration aims to enhance productivity, minimize downtime, and alleviate workforce shortages for farmers.

What is the ticker symbol for Trimble?

The ticker symbol for Trimble is TRMB.

What is the goal of Trimble Ventures' investment with Sabanto?

The goal is to invest in early and growth-stage companies accelerating innovation and sustainability in the agriculture industry.

What is the potential downside of the integration for farmers in remote areas?

Reliable correction signal is extremely important to keeping autonomous machinery working around the clock in areas without reliable cell service.

Trimble Inc.

NASDAQ:TRMB

TRMB Rankings

TRMB Latest News

TRMB Stock Data

17.09B
244.21M
0.34%
95.22%
1.55%
Scientific & Technical Instruments
Measuring & Controlling Devices, Nec
Link
United States of America
WESTMINSTER