April 23, 2021

MonarchTractorFounders400x275Monarch Tractor, which is developing a fully electric, driver-optional smart tractor, has announced the first deployment at Wente Vineyards, one of the oldest, continuously operated family wineries in the U.S. The company said this is the first of 15 pilot series deployments prior to its production deliveries in Q4 2021 as the company looks to electrify the agricultural industry.

“We are thrilled to announce the ahead-of-schedule deployment of the first of several Monarch Tractors,” said Praveen Penmetsa, CEO of Monarch Tractor. “Our tractor has undergone strenuous real-world testing and is now ready to get to work and deliver on the promise of a more sustainable and efficient farming operation.”

Wente was one of the early partners for the tractor’s beta phase, finding synergy with Monarch’s traditional farming features, cutting-edge technology, and sustainable capabilities. The tractor combines electrification, automation, machine learning, and data analysis.

“We’ve seen firsthand the benefits of the Monarch Tractor in our vineyards,” said Niki Wente of Wente Vineyards. “Monarch Tractor represents the future of tractors and to be the first customer deployment is especially exciting as we kick off this new era of sustainable farming.”

In March, Monarch announced raising $20 million in Series A funding, with investment from global industrial equipment manufacturers, venture capital firms, and automotive suppliers. Monarch is also supported by the California Air Resources Board (CARB) through its FARMER program, a statewide program that puts billions of cap-and-trade dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health and the environment, particularly in underserved communities. CARB contributed to the FARMER program by adding Advanced Technology Demonstration Projects, an initiative that led to a grant offered to Monarch through the Bay Area Air Quality Management District.

“Monarch has demonstrated great leadership in the manufacturing industry to help reduce air pollution and protect the climate with their innovative zero-emission farming equipment,” said Jack Broadbent, executive officer of the Air District. “The Air District was pleased to award Monarch this grant funding to further this work.”

More details on Monarch Tractor are available at its website.

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