SLANTRANGE Inc., a drone-based agricultural crop sensor and data analytics company, has been awarded first place in the Innovative World Technologies category at the seventh annual SXSW Accelerator Competition.
Held March 14-15 in Austin, Texas, the event was part of the SXSW Interactive Festival Startup Village, where startups from around the world showcased new technology innovations.
“Our system enables farmers to respond more quickly and accurately to emerging health conditions, resulting in improved yields with fewer inputs and reduced impact to the environment,’ says Mike Ritter, SLANTRANGE CEO.
SLANTRANGE's sensor and analytics system, designed for use on third-party drones, measures multiple crop health indicators invisible to the naked eye, automatically adjusts for changing atmospheric conditions and provides results within minutes of the drone’s flight for same-day treatment (if necessary).
The system also produces crop-growth records, supporting big data farm optimization models that seek to better understand correlations between the many variables that affect crop yields.
“Over the past six years, more than 50 percent of the SXSW Accelerator participants have gone on to receive funding in excess of $1.7 billion, and 12 percent of the companies have been acquired,” says Chris Valentine, SXSW Accelerator event producer. “The 2015 Accelerator winners are truly ones to watch, and we expect them to achieve similar success.”
Ritter adds, “To win and have our vision validated by experts from finance, industry and technology is humbling.”