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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Deere and Co | NYSE:DE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-3.27 | -0.79% | 410.00 | 411.84 | 408.21 | 410.6053 | 860,809 | 21:16:10 |
Autonomy will support Deere customers across agriculture, construction, and commercial landscaping
MOLINE, Ill., Jan. 6, 2025 /PRNewswire/ -- John Deere revealed several new autonomous machines during a press conference at CES 2025 to support customers in agriculture, construction, and commercial landscaping. Building on Deere's autonomous technology first revealed at CES 2022, the company's second-generation autonomy kit combines advanced computer vision, AI, and cameras to help the machines navigate their environments.
While each of these industries experiences their own set of challenges, a commonality across all is skilled labor availability.
"Our agriculture, construction, and commercial landscaping customers all have work that must get done at certain times of the day and year, yet there is not enough available and skilled labor to do the work," said Jahmy Hindman, Chief Technology Officer at John Deere. "Autonomy can help address this challenge. That's why we're extending our technology stack to enable more machines to operate safely and autonomously in unique and complex environments. This will not only benefit our customers, but all of us who rely on them to provide the food, fuel, fiber, infrastructure, and landscaping care that we depend on every day."
Autonomy Expanding to More Machines:
Select machines will be autonomy ready from the factory and the second-generation perception system will be available as a retrofit kit for certain existing machines, providing customers with multiple paths to adoption based on where they are in their technology journey.
The machines are managed via John Deere Operations Center Mobile, the company's cloud-based platform. By swiping left to right to start, the machine can be started once placed in the appropriate spot. Through the app, users also have access to live video, images, data and metrics, and the ability to adjust various factors like speed. In the event of any job quality anomalies or machine health issues, users will be notified remotely so they can make necessary adjustments.
Ways to Connect with John Deere at CES 2025
The fully autonomous machines will be on display from January 7-10, 2025 at John Deere's CES booth #5016, located in West Hall at the Las Vegas Convention Center. The booth will also showcase cutting edge technologies customers across industries are taking advantage of, like connectivity, AI, renewable fuels, and electrification.
John Deere will also participate in three panel discussions on Wednesday, January 8:
About Deere & Company
Deere & Company (NYSE: DE) is a global leader in the delivery of agricultural, turf, 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/.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release relate to future events, expectations, and trends which constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 and involve factors that are subject to change, assumptions, risks, and uncertainties that could cause actual results to differ materially. Some of these risks and uncertainties could affect all lines of the company's operations generally while others could more heavily affect a particular line of business.
Forward-looking statements are based on currently available information and current assumptions, expectations, and projections about future events and should not be relied upon. Except as required by law, the company expressly disclaims any obligation to update or revise its forward-looking statements. Many factors, risks, and uncertainties could cause actual results to differ materially from these forward-looking statements. Among these factors are risks related to:
Further information concerning the company and its businesses, including factors that could materially affect the financial results, is included in the company's filings with the SEC (including, but not limited to, the factors discussed in Item 1A. "Risk Factors" of the company's most recent Annual Report on Form 10K). There also may be other factors that the company cannot anticipate or that are not described herein because the company does not currently perceive them to be material.
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SOURCE John Deere Company
Copyright 2025 PR Newswire
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