Water Ways' Canadian Subsidiary Enters Into a Distribution Agreement With Agroscout Ltd. to Provide Canadian Farmers With Crop Monitoring Services
19 Junho 2023 - 8:37AM
Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) ("
Water
Ways" or the "
Company"), a global
provider of Israeli-based agricultural technology, providing water
irrigation solutions to agricultural producers, is pleased to
announce that its Canadian subsidiary, Heartnut Grove WWT Inc.
("
HGWWT") has entered into a distribution
agreement (the "
Agreement") with Agroscout Ltd.
("
Agroscout"), an Israeli Agri-tech firm that has
created an agricultural intelligence system based on AI analytics
of high-resolution images from farmers’ fields.
According to the terms of the Agreement, HGWWT
will offer Canadian farmers a SAAS (Software As A Service)-based
platform that provides, using AI analytics, drone and satellite
technologies, a wide range of agronomy insights that oversee the
entire growing cycle of a crop, including pre-sowing conditions,
weeds, plant stand assessment, fertilization and irrigation
disorders, pest and disease pressure, and harvest
readiness. The Agreement between the parties is for a two-year
period and provides certain discounts on Agroscout price list.
Ohad Haber, Chairman and Chief Executive
Officer, commented: "The agreement with Agroscout enables
Water Ways to be a leader in precision agriculture in Canada, the
combination of our smart irrigation and fertigation systems with
Agroscout SAAS-based data services will allow our Canadian clients
to dramatically improve the efficiency of their crops and save
financial costs while improving yields and production. This is the
first time we will offer a subscription service model, which will
provide our Canadian subsidiary with recurring
revenues."
About Water Ways
TechnologiesWater Ways Technologies Inc., through its
subsidiaries, is a global provider of Israeli-based agriculture
technology, providing water irrigation solutions to agricultural
producers. Water Ways Technologies competes in the global
irrigation water systems market with a focus on developing
solutions with commercial applications in the micro and precision
irrigation segments of the overall market. At present, Water Ways
Technologies' main revenue streams are derived from the following
business units: (i) Projects Business Unit; and (ii) Component and
Equipment Sales Unit. Water Ways Technologies is capitalizing on
the opportunities presented by micro and smart irrigation, while
also making a positive mark on society by making these technologies
more widely available, especially in developing markets such as
Africa and Latin America and developed markets such as China and
Canada. Water Ways Technologies irrigation projects include
vineyards, Cotton fields, Apple and Orange orchards, Blueberry,
Medical Cannabis growers, fresh produce cooling rooms and more, in
over fifteen countries.
For more information, please contact
Ronnie Jaegermann |
Dor Sneh |
Director |
Dor Sneh |
T: +972-54-4202054 |
T: +54-6512500 |
E: ronnie@waterwt.com |
E: dor@irri-altal.com |
|
|
https://www.water-ways-technologies.com/
https://www.hg-wwt.com/
Twitter: @WaterWaysTechn1
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