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AgJunction to Provide Automation Kits to Leading Equipment Manufacturer Komatsu Ltd.


AgJunction to Provide Automation Kits to Leading Equipment Manufacturer Komatsu Ltd.
SCOTTSDALE, Ariz., July 15, 2021 (GLOBE NEWSWIRE) AgJunction Inc. (TSX: AJX), (“AgJunction”), through its wholly-owned subsidiary Novariant, Inc. (“Novariant”), has been chosen by Komatsu Ltd. (“Komatsu”), an industry-leading manufacturer and supplier of equipment for the construction, mining equipment, utilities, forestry and industrial markets to provide sophisticated automation kits for construction workplaces.
The contract has been awarded following Novariant’s successful integration of customized autosteering systems for Komatsu’s equipment for agricultural use. Novariant currently provides automation modules that support mapping, path planning, and autosteering for Komatsu’s construction equipment platforms used in agricultural applications. ....

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MIL-OSI: AgJunction to Provide Automation Kits to Leading Equipment Manufacturer Komatsu Ltd.


Source: GlobeNewswire (MIL-OSI)
SCOTTSDALE, Ariz., July 15, 2021 (GLOBE NEWSWIRE) AgJunction Inc. (TSX: AJX), (“AgJunction”), through its wholly-owned subsidiary Novariant, Inc. (“Novariant”), has been chosen by Komatsu Ltd. (“Komatsu”), an industry-leading manufacturer and supplier of equipment for the construction, mining equipment, utilities, forestry and industrial markets to provide sophisticated automation kits for construction workplaces.
The contract has been awarded following Novariant’s successful integration of customized autosteering systems for Komatsu’s equipment for agricultural use. Novariant currently provides automation modules that support mapping, path planning, and autosteering for Komatsu’s construction equipment platforms used in agricultural applications.
“After the successful integration of the customized autosteering, we look forward to continuing our collaboration with Novariant in developing an automated system capable ....

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AgJunction Reports First Quarter 2021 Earnings Results


Article content
SCOTTSDALE, Ariz., May 11, 2021 (GLOBE NEWSWIRE) AgJunction Inc. (TSX: AJX) (“AgJunction” or the “Company”) is reporting financial results for the first quarter ended March 31, 2021. All currency amounts are expressed in U.S. dollars.
First Quarter 2021 Financial Summary vs. First Quarter 2020
Revenue was $2.5 million compared to $5.2 million
Gross margin was 40.2% compared to 56.6%
Operating expenses improved to $3.4 million compared to $3.5 million
Net loss was $(2.4) million or $(0.02) per share, compared to a net loss of $(0.5) million or nil per share
EBITDA was $(1.6) million compared to $0.7 million    
Management Commentary
“Continued investment in research and development has led to great progress with our autonomous modules, Whirl ....

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