
MARKETS
Overview
Robots are powering the next innovation surge in agriculture. Harvest Automation has released the first practical, scalable robots for a range of Agricultural applications. Addressing labor scarcity issues, Harvest enables growers to create a sustainable workforce of robots working safely alongside people to increase efficiency, reliability and plant quality. The agriculture industry is facing unprecedented labor volatility with tighter federal regulations on migrant workers, and a shrinking pool of available workers.
Harvest’s robots can perform as much manual labor as required by each grower, creating more capacity for human workers to focus on other tasks. By optimizing plant placement in the fields, the robots can increase plant quality and reduce non-labor production costs including the use of water, pesticides, herbicides and fertilizers.
The U.S. Agriculture industry's production value is approximately $300B each year with roughly half in livestock and half in crops. While tremendous gains in production efficiency have occurred since the beginning of the industrial revolution, one third of the developed world crop production was left behind. In these sectors, mechanization solutions offered by today's farm equipment simply can't perform many required tasks resulting in low labor productivity. Industry sectors with significant manual labor needs derive approximately $40K of revenue per employee vs. $175K per employee for those sectors that have effective mechanization. Today that represents more than $21B spent annually on inefficient labor in the U.S. and Europe alone. Up to 40% of this currently manual labor can be performed by Harvest's robots.

