Dedicated to providing innovative, high-value products and solutions that solve great challenges throughout the world, Raven Industries accelerates investments in delivering autonomous agriculture solutions.

Dot Technology Corp (DOTTM) today announced that it has entered into an agreement wherein Raven Industries (NASDAQ:RAVN) — a manufacturer of agriculture technology with a focus on autonomous farming — will acquire majority ownership of Dot. Funds will be used to support the continued commercialization and evolution of the Dot Power Platform and Dot Ready Implements.