STOCK TITAN

AGCO's PTx Trimble™ Wins Fast Company's World Changing Ideas Award for OutRun™ Autonomous Grain Cart Solution

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
AGCO's PTx Trimble has received Fast Company's World Changing Ideas Award for its OutRun autonomous grain cart solution, marking the first such award for an AGCO brand. OutRun is a retrofit kit that converts existing row crop tractors into autonomous machines, specifically targeting grain cart operations during harvest. Currently compatible with John Deere 8R/8000R tractors with IVT, the solution will be available for Fendt models in 2026, with plans to support additional brands in the future. The technology addresses labor shortage challenges and aims to improve farm profitability and sustainability. PTx Trimble plans to expand OutRun's capabilities beyond harvesting to include other farming tasks like tillage for spring and fall land preparation.
Loading...
Loading translation...

Positive

  • Recognition with Fast Company's World Changing Ideas Award demonstrates innovation leadership
  • OutRun addresses critical labor shortage issues in farming operations
  • Planned expansion of capabilities beyond harvesting to include tillage operations
  • Compatibility with multiple tractor brands enhances market potential

Negative

  • Limited current compatibility only with specific John Deere tractor models
  • Fendt model compatibility not available until 2026

News Market Reaction

-0.25%
1 alert
-0.25% News Effect

On the day this news was published, AGCO declined 0.25%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Fast Company award is a first for an AGCO brand, as PTx Trimble releases retrofit platform that will eventually provide autonomous capabilities across farming operations.

DULUTH, Ga., June 11, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its PTx Trimble™ brand has received Fast Company's World Changing Ideas Award for its innovative OutRun™ autonomous grain cart solution. The award honors products, concepts, companies and policies that are designed to make the world safer, cleaner and more sustainable. OutRun's retrofit autonomous capability offers farmers an effective solution to labor shortages and rising costs, ultimately contributing to increased farm profitability and enhanced sustainability.

OutRun, which also won the prestigious Davidson Prize from ASABE earlier this year, is a retrofit kit that transforms existing row crop tractors into autonomous machines currently targeting grain cart operation during harvest. This unique approach allows for continuous harvesting even during periods of labor scarcity while providing more flexibility in deploying labor. OutRun is currently compatible with John Deere 8R or 8000R tractors with IVT and will be commercially available on Fendt® models in 2026. OutRun will support other brands and models in the future, offering a versatile and cost-effective solution for a wide range of farming operations.

"Our vision is to be the trusted partner to farmers for industry-leading, smart farming solutions, and this award is just one proof point our talented team of innovators is delivering on that promise," said Eric Hansotia, Chairman, President and CEO. "OutRun is one of the many precision ag solutions we offer farmers to improve farm operations, profitability and efficiency. We are proud of how it might change farmers' worlds as they work tirelessly to help feed it."

PTx Trimble plans to expand OutRun's capabilities beyond harvesting. Future applications will encompass other essential farming tasks, such as tillage, leveraging the same autonomous platform for both spring and fall land preparation. This expansion will further enhance the system's value and solidify PTx's position as an innovative solutions provider in precision agriculture.

Learn more about OutRun at OutRun.ag

Fendt is a registered trademark of AGCO. PTx Trimble and OutRun are trademarks of AGCO.

About AGCO
AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers through its differentiated brand portfolio including leading brands Fendt®, Massey Ferguson®, PTx and Valtra®. AGCO's full line of equipment, smart farming solutions and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $11.7 billion in 2024. For more information, visit www.agcocorp.com.  

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/agcos-ptx-trimble-wins-fast-companys-world-changing-ideas-award-for-outrun-autonomous-grain-cart-solution-302478108.html

SOURCE AGCO Corporation

FAQ

What is AGCO's OutRun autonomous grain cart solution?

OutRun is a retrofit kit that converts existing row crop tractors into autonomous machines, specifically designed for grain cart operations during harvest, helping address labor shortages and improve farm efficiency.

Which tractor models are currently compatible with AGCO's OutRun system?

OutRun is currently compatible with John Deere 8R or 8000R tractors with IVT, with Fendt models planned for 2026 compatibility and other brands to follow.

What award did AGCO's PTx Trimble receive for OutRun?

PTx Trimble received Fast Company's World Changing Ideas Award, marking the first such award for an AGCO brand, along with the Davidson Prize from ASABE.

What are the future plans for AGCO's OutRun technology?

PTx Trimble plans to expand OutRun's capabilities beyond harvesting to include other farming tasks such as tillage for both spring and fall land preparation.

How does AGCO's OutRun benefit farmers?

OutRun helps farmers address labor shortages, enables continuous harvesting operations, provides more flexibility in labor deployment, and aims to improve farm profitability and sustainability.
Agco Corp

NYSE:AGCO

AGCO Rankings

AGCO Latest News

AGCO Latest SEC Filings

AGCO Stock Data

9.28B
61.87M
16.88%
94.86%
3.5%
Farm & Heavy Construction Machinery
Farm Machinery & Equipment
Link
United States
DULUTH