Monarch Tractor CEO and co-founder, Praveen Penmetsa, sat down with CNN’s international business correspondent, Richard Quest to discuss how reimagining the tractor can drive farmer profitability and planet sustainability.
Quest called the 100% electric, driver-optional Monarch MK-V tractor “one of a kind on the market” and compared Monarch’s story to a real “David and Goliath story”, as other major players start joining the agtech race to bet on autonomous technology. Watch the full interview:
Founded in 2018, Monarch Tractor’s Founder Series MK-V is the world’s first fully electric, driver-optional, smart tractor that combines electrification, automation, machine learning, and data analysis to enhance farmer’s existing operations, cut overhead costs, reduce emissions and increase labor productivity and safety. Monarch Tractor is committed to elevating farming practices to enable clean, efficient, and economically viable solutions for today’s farmers and the generations of farmers to come. With cutting-edge technology, global reach, and an experienced team, Monarch is delivering meaningful change for the future of farming.
Monarch Tractor Media Contact
Sling & Stone l monarchtractor@slingstone.com
References:
Mulhollum, Jeff. (2021, June 10) Study Reveals Agriculture-Related Injuries More Numerous than Previously Known. Penn State Research.
Penn State: https://www.psu.edu/news/research/story/study-reveals-agriculture-related-injuries-more-numerous-previously-known/
USDA: https://www.nifa.usda.gov/about-nifa/blogs/study-reveals-agriculture-related-injuries-more-numerous-previously-known