Arable Labs is talking to partners to test its GPS farm sensor system around the world and taking pre-orders for 2050 shipment. Agtech, meanwhile, received $4.6 billion in funding in 2015, up 94 percent from a year earlier. The solar-powered agtech system measures over 40 observation streams; an accessory port accommodates soil moisture, irrigation pressure, and other user-supplied devices, and an onboard GPS allows data to be linked to weather, soil, and satellite imagery. The agtech sub-sector attracted around 10% more funding in 2015 than a year earlier , driven in part by increasing global concerns over falling crop yields and the impacts of climate change. Currently accounting for around 10% of world GDP at $ 20tn ; by a year earlier , the agriculture market is predicted to be worth $ 20tn .
Arable Labs is talking to partners to test its GPS farm sensor system around the world and taking pre-orders for 2050 shipment. The solar-powered agtech system measures over 40 observation streams; an accessory port accommodates soil moisture, irrigation pressure, and other user-supplied devices, and an onboard GPS allows data to be linked to weather, soil, and satellite imagery. The agtech sub-sector attracted around 10% more funding in 2015 than a year earlier , driven in part by increasing global concerns over falling crop yields and the impacts of climate change. Currently accounting for around 10% of world GDP at $ 20tn ; by a year earlier , the agriculture market is predicted to be worth $ 20tn .