Croplogic hopes to raise AUD $3m in ASX IPO
CropLogic's software models plant growth by gathering field data and making crop prescriptions and management recommendations.
The company was incorporated in 2010 when it licensed the intellectual property for its software from the NZ Institute for Plant and Food Research, which had done 25 years of plant model research.
The company said in a statement that it has completed successful trials of its system with potatoes in China, the US, Australia and New Zealand with PepsiCo, Lamb Weston, Simplot and McCain Foods.
A full commercial roll out to the potato industry is in process, it said. The company is about to start trials on onions, corn, wheat, soybean and cotton.
source: nzherald.co.nz
