After initially establishing an operations and technology teams presence in Singapore in 2021, Monarch Tractor, the Silicon Valley-based manufacturer of the MK-V electric tractor, prepares for global growth. As a result, the R&D team in Singapore will be expanded with new talent.
Monarch Tractor signals major growth and appetite for the company’s A.I., robotics and smart farming technology within the Asia Pacific region (APAC).
Building off of its existing Singapore presence and expansion into Hyderabad, India, earlier this year, Monarch Tractor will move to develop the next generation of data scientists, machine learning engineers and A.I. practitioners by partnering with government agencies and academic institutions to grow their A.I. research & development team.
“After our early success in Singapore with the development of our ‘Monarch Auto Drive’ tractor operation, we’re excited to continue to evolve our technology with the help of Singapore’s finest talent,” said Praveen Penmetsa, Co-Founder & CEO, Monarch Tractor. “In partnership with the Singapore government, Monarch Tractor is able to provide more job opportunities and also propel our mission for a greener future. More farmers, government bodies and consumers are looking for more viable options to sustain our planet.”
Building upon Singapore’s early success to develop the MK-V’s driverless capabilities, Monarch’s expansion and development of new talent will work to create automation capabilities that extend to full farm operations leading to the enablement of profitable and sustainable agricultural practices within the region and globally.
As almost 25 percent of global GHG emissions result from agriculture, this strategic expansion will champion and enable large-scale emissions reductions that support Singapore’s Green Plan 2030, including the country’s aspiration to become net-zero by 2050. Monarch is currently hiring talent throughout Singapore to support and develop A.I. robotics technology, thus creating a smarter, greener and safer farming industry.
Moving to bring AI to farmers, Monarch has captured the attention of other sustainable-focused countries within APAC, including New Zealand, where Monarch delivered the first-ever electric tractor to a farm.