LIVERMORE, Calif. – July 1, 2021 – Monarch Tractor, the world’s first fully electric, driver-optional, smart tractor manufacturer, today announced it has won a 2021 Golden Bridge Business and Innovation Award. The company received a Bronze Award in the Artificial Intelligence category for being the first electric tractor using AI to assist farmers with daily challenges such as labor shortages, climate change, natural disasters, safety concerns, and more. Monarch Tractor underwent a vigorous review process by a panel of judges and was selected from hundreds of nominated companies from around the world.
“Monarch Tractor is at the intersection of tech and agriculture and is helping farmers implement cutting-edge AI technology for unprecedented insights,” said Praveen Penmetsa, co-founder & CEO, Monarch Tractor. “The deep-learning technology is a game-changer in its ability to help farmers maximize all aspects in their daily operations. This Golden Bridge Award is a great honor and will further fuel our efforts to set a new standard in AgTech.”
The coveted 13th Annual Golden Bridge Awards program recognizes and honors the world’s best in organizational performance, products and services, innovations, executives and management teams, women in business and the professions, case studies and successful deployments, public relations and marketing campaigns, product management, websites, blogs, white-papers, videos, advertisements, creativity, partner programs, and customer satisfaction programs from every major industry in the world.
The award-winning Monarch Tractor is the first to offer a trifecta of electrification, automation and data analysis that empowers sustainable farming, increases efficiency and safety, and maximizes profitability for farmers. In addition to its 2021 Golden Bridge Business and Innovation Award, Monarch Tractor has won several industry awards and recognition including the 2021 RBR50 Robotics Innovations Award, 2021 BIG Innovation Award, and “2020 Tractor of the Year” in the AgTech Breakthrough Awards.