John Deere Announces Its 2024 Startup Collaborators

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Deere & Company (NYSE: DE) has announced the names of six companies chosen for its 2024 Startup Collaborator program, aimed at enhancing and deepening the company's interaction with startup companies to add value for ag and construction customers. The program is mutually beneficial for John Deere and the startup companies, focusing on finding benefits for customers. The participating companies include Constellr, Geminos, SB Quantum, Fermata Energy, goFlux, and Cloudscape Labs, offering diverse solutions applicable across a range of challenges and opportunities that John Deere customers face.

Companies demonstrate John Deere commitment to customers' future needs.

MOLINE, Ill., Jan. 24, 2024 /PRNewswire/ -- Deere & Company (NYSE: DE) announced the names of six companies chosen for its 2024 Startup Collaborator program. The John Deere Startup Collaborator program was launched in 2019 to enhance and deepen the company's interaction with startup companies whose technology could add value for ag and construction customers.

"The startup program is mutually beneficial for John Deere and the startup companies that participate," said Dennis Muszalski, VP, Module & Electrification Systems Engineering. "The program is based on finding benefits for our customers. The goal is to learn together and explore new ways to help customers unlock more value in ways they never thought possible."

The companies participating in the 2024 Startup Collaborator include:

• Constellr – a company measuring land surface temperature and water from its own satellites at unprecedented accuracy levels to enable insights for a more sustainable future.
• Geminos – an artificial intelligence company empowering businesses to understand and leverage causality for enhanced decision-making.
• SB Quantum – a quantum sensing company focused on navigation based on a novel quantum magnetometer.
• Fermata Energy – a leader in vehicle-to-everything (V2X) bidirectional charging platform technology.
• goFlux – a Brazil based logistics company focused on digital solutions to connect the ecosystem for freight transactions.
• Cloudscape Labs – a production management software company focused on providing job site visibility across the construction team to help meet production, cost, and safety targets.

"The cohort this year represents a diverse group of solutions that are applicable across a range of challenges and opportunities that our customers face," said Cody Sorge, Business Development Manager for the John Deere Intelligent Solutions Group. "We look forward to working side by side with these companies to learn together regarding their solutions and how they can apply to John Deere customers in Agriculture and Construction."

About John Deere

Deere & Company (www.JohnDeere.com) is a global leader in the delivery of agricultural, construction, and forestry equipment. We help our customers push the boundaries of what's possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world's increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial.

For more information on Deere & Company, visit us at www.deere.com/en/news/.

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SOURCE John Deere Company

FAQ

What is the ticker symbol for Deere & Company?

The ticker symbol for Deere & Company is DE.

What is the 2024 Startup Collaborator program by Deere & Company?

The 2024 Startup Collaborator program by Deere & Company is aimed at enhancing and deepening the company's interaction with startup companies to add value for ag and construction customers.

What are the names of the companies participating in the 2024 Startup Collaborator program?

The companies participating in the 2024 Startup Collaborator program include Constellr, Geminos, SB Quantum, Fermata Energy, goFlux, and Cloudscape Labs.

What is the goal of the startup program by Deere & Company?

The goal of the startup program by Deere & Company is to find benefits for customers and explore new ways to help customers unlock more value.

What does Constellr offer as a company participating in the program?

Constellr offers the measurement of land surface temperature and water from its own satellites at unprecedented accuracy levels to enable insights for a more sustainable future.

What is the focus of SB Quantum as a participating company?

SB Quantum is a quantum sensing company focused on navigation based on a novel quantum magnetometer.

What does Fermata Energy specialize in?

Fermata Energy is a leader in vehicle-to-everything (V2X) bidirectional charging platform technology.

What is the main focus of goFlux as a participant in the program?

goFlux is a Brazil based logistics company focused on digital solutions to connect the ecosystem for freight transactions.

What is the focus of Cloudscape Labs as a participating company?

Cloudscape Labs is a production management software company focused on providing job site visibility across the construction team to help meet production, cost, and safety targets.