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Harvest Automation Inc.

Company Profile Analysis

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Harvest Automation Inc. - Semiconductor showcase

Year Founded & Workforce

2007

40 Employees

Industry

Semiconductor

Services

Material Handling Farming Robot
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Harvest Automation Inc. Overview

Company Headquarters: US

Founded: 2007

Workforce: ~40

Company Working: Harvest Automation Inc (Harvest Automation) is one of the leading players offering greenhouse farming material handling robots. The company offers solutions to address the challenges of practical robotic operations. Its major customers include nurseries and greenhouse farmers. Harvest Automation has developed first flexible, scalable robots for agriculture and distribution and fulfillment. The company is highly active in the US and has deployed its robots across 30 farms. The company has also received an investment funding of nearly USD 30 million.

Strategy

Harvest Automation follows both organic and inorganic approaches. The company is focusing on innovation to expand its presence and diversify its product portfolio. For this, the company is also collaborating with various local distributors and farmers, however, the investments in R&D have declined in recent years.

Company Snapshot

40

Employees

2007

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Wide dealer and distribution network

Weaknesses

  • Low investment in research and development
  • Separation of warehouse automation business

Opportunities

  • Economic uptick and increase in customer spending
  • Growing greenhouse farming market

Threats

  • Rising pay-grades of employees
  • Intense competition from emerging players

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Key Developments

DateApproachDevelopment
April 2016AgreementHarvest Automation sold its robotic warehouse automation technology and business to NextShift Robotics, Inc, with an aim to focus on robotic material handling and serve various segments of the agricultural industry.

Product Offering

  • Harvest Automation Inc.
    • Material Handling Farming Robot

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