Planetary Resources and Bayer: Bringing Space and Agriculture Together

Planetary Resources has signed a memorandum of understanding with Bayer, whereby Bayer would purchase satellite data from Planetary Resources to create new agricultural products.
As quoted in the press release:

Using the combined technologies from the two companies, farmers can time their irrigation systems much better to save water, receive planting date recommendations and re-planting advice, and assess their soil’s water-holding capacity. Another project is a canopy temperature scout that provides weekly practical insights and scouting support from emergence to harvest by identifying problem areas in the field.

Planetary Resources CEO Chris Lewicki said:

We have identified Bayer as a prime partner in the agriculture industry based on their expertise in several fields and anticipate that this collaboration will accelerate technology deployment, product development, and market acceptance. We are currently conducting airborne Research and Development (R&D) campaigns over a variety of agricultural targets. Bayer is interested in supporting these activities with scientific and agronomic expertise in order to accelerate R&D, product validation and creation.

Click here for the full press release.