Source Agriculture Corp, an investor in the fields of landing and agricultural technology, is proud to announce its strategic investment in hydrosate, a company that is devoted to the use of space technology in order to address global challenges in relation to water shortages and nutritional safety.
With its vision of increasing food production and at the same time significantly reducing water consumption, hydrosate is uniquely positioned in order to tackle some of the most urgent agricultural challenges in the world.
The company has already made impressive progress by successfully bringing two satellites into the earth orbit with the help of SpaceX, and now serves customers to over 4 million hectares in 43 countries worldwide.
The technology of hydrosate can demonstrably save up to 30 % water that increases crop yields by 50 % and reduce electricity consumption by 30 %, which is a decisive progress in sustainable agriculture.
“The innovative use of satellite data by hydrosis and the great commitment of the company to help farmers worldwide to manage water resources more effectively, coincides with the mission of Source Agriculture, to promote sustainable agriculture,” says Roop Mundi, CEO of Source Agriculture.
We are convinced that this investment will enable hydroosate to scale its operation and create a significant value for the agricultural industry, while global nutritional security and efforts to protect nature are supported at the same time.
The robust economy of hydrosate with a triple growth of the annual recurring sales (ARR) compared to the previous year, a strong market traction and a strategic partnership with the European Space Agency and the US Space Force position the company as one of the main players in the field of agricultural engineering.
With its satellite -based solutions, hydrosate offers analyzes at the field level and at regional level that enable governments, farmers and companies to make well -based, data -based decisions.
This investment is an important milestone for Source Agriculture, since the company is further expanding its technology portfolio in order to redesign the future of agriculture, improve water use and increase global food production.
In addition to its participation in American Agriculture Technologies, Source AG secures fertile American arable land, concludes lease contracts with farmers, builds energy systems and has an eye on the sale of emission certificates.
You can find more information at www.hydrosat.com and www.sourceagriculture.com.
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