Caterpillar (NYSE:CAT) has acquired Monarch Tractor, a company focused on autonomous and electric tractors. The deal expands ...
An MK-V tractor could save farmers $18,000 a year on operational costs and reduce their diesel usage by 2,100 gallons.
California autonomous, electric tractor startup Monarch Tractor has been acquired by Caterpillar for an undisclosed amount.
While some dealers allege the tractors were “defective,” Penmetsa insists that the tech delivered, but the firm’s business ...
Caterpillar has acquired the assets of Monarch Tractor, according to filings with the United States Patent and Trademark ...
The startup had faced mounting pressure from dealers, farmers, and a co-founder who complained that Monarch's tech didn't ...
Caterpillar expands automation and electrification strategy with Monarch Tractor acquisition, reshaping its role in evolving ...
The world’s largest manufacturer of construction equipment is making a bet on a little-known California startup that ...
Shares of Caterpillar (CAT) fell roughly 3% on Tuesday, March 15, after news broke that the industrial equipment company ...
In a statement earlier this month, Monarch said its “core technology, including our software-defined vehicle platform, perception stack, and electrification systems, has been acquired by a large ...
Agtech startup Monarch Tractor shuts down after operational setbacks, with Caterpillar acquiring its autonomous and electric ...
The Canadian distributor of Monarch tractors says it will continue support Monarch tractor owners after the electric utility ...