2. PROBLEM
โข Food demand will increase 70% by 2050
โข Farming is still very inefficient:
๏ง Yield per acre can vary 400% within single field
๏ง $20B in fertilizer is wasted each year
๏ง 10-20% yield increase potential in US crops
๏ง Diseases cause $33B in crop loss despite $12B spent on pesticides
3. REVOLUTION
โWeโre witnessing a new farming revolution triggered by the adoption of staggering
new technologies combined with high-tech engineeringโ
- Precision Farming: the New Agricultural Revolution
โItโs not your grandfatherโs farm anymore.โ
4. By generating detailed insights, farmers can make data-based
decisions that will optimize yield and boost revenue while
minimizing expenses and the chances of crop failure
PRECISION AGRICULTURE
5. โข We provide data analytics for precision agriculture
โข NASA technology for finding water on Mars applied to drone imaging
โข Allows precise monitoring of crop health
โข Current focus on vineyards
SKYSQUIRREL SOLUTION
10. PAIN
โข Wine production focus is on improving quality
โข Grape quality inconsistent across vineyard (disease, variations)
โข Leafroll Disease is $10B problem
โข Current solutions inadequate:
๏ง Timing
๏ง Resolution
๏ง Precision
๏ง Major driving force is brand equity
11. VALUE PROPOSITION
โข Leafroll Disease
โข No treatment options
โข Causes loss of $10k - $16k per acre
โข Requires replanting of entire vineyard if not managed
โข 30%-60% of global vineyards affected
โข Losses can be reduced to $0 - $3k per acre with our data
โข Quality
โข Divide grapes into quality zones for separate harvesting
โข Increase quality consistency
โข Difference between high/low quality wine $10-$40k per acre
12. Product Launched in December 2014
Ten paying early adopter clients
$150k in sales in first 6 months after launch
$10k in data processing revenue
Products used at top vineyards in France (Grand Cru)
and British Columbia (Mission Hill)
Research collaborations in Canada, France, Chile,
California, and Greece
Exclusive partnership with VineView
CURRENT STATUS
13. VISION
Leading platform for
crop-specific data analytics for drones
โข Establish leadership position early in vineyards
โข Offer set of diagnostic tools for hyperspectral data
โข Scale SkySquirrel technology to other crops
โข Integrate with other data platforms (weather, ground
sensors, farm inputs)
14. OUR TEAM
Chris MacDonald
VP Business Development
Richard van der Put
CEO
Matt Staid
Scientific Director
โข 10+ years in image analysis
โข Start-up product development
expert
โข MSc. Biomedical Engineering
โข Raised over $4M in private and
government funding
โข Renowned Expert in Remote Sensing
โข Founder of VineView
โข 15+ years experience in aerial
imaging in agriculture
โข Lead Scientist for NASA
โข PhD from Brown University
โข MBA / Agricultural Engineer
โข Business consultant for software
industry
โข 8+ years experience in ag sector
โข Family investment fund manager
15. โข Current customer: crop consultants
โข Consultants buy hardware ($10k) and capture images
โข SkySquirrel processes data for fee/acre
โข Consultants provide results to growers with 100-300% margin
โข Pricing:
โข Vigor Mapping $4-10 per acre
โข Disease Mapping and Water Stress $16-20 per acre
โข Average $27k per consultant in 2016, $96k in 2020
โข 80-95% margin on recurring data products
BUSINESS MODEL
16. Competitive Landscape
RESOLUTION
SPECIFIC
DIAGNOSTIC
X
X
X
X X
X
X
X
Lab Analysis
Ground Sensors
GreenSeeker
Satellite
COMPETITIVE ADVANTAGES
โข Patent pending DroneFuse QUANTATM
โข Proprietary algorithms:
๏ง Disease detection (Grape Leafroll)
๏ง Water stress
๏ง Calibrated Vigor
โข Extensive experience in vineyard imaging
using standard airplanes
GENERIC TOOL
X
X
17. SUMMARY
โข Focused on well-defined market
โข Customers with proven willingness to pay
โข Proprietary hardware and software for monitoring crop health
โข SAAS business model servicing $85B wine industry
20. 0
0.2
0.4
0.6
0.8
1
Day 1 Day 2
QUANTA CAMERA TEST
(NDVI)
Current Camera
DroneFuse QUANTA
Current Camera
QUANTA Camera
Day 1 Day 2
NOTES:
Images taken 1 day apart. All images
calibrated on same reference object. Current
Camera Images shifted by 0.25 to bring in
same color range as QUANTA Images. Same
calibration approach with both cameras.
CAMERA IMPROVEMENT
Editor's Notes
With an exponentially growing world population, the agriculture industry must deliver more food with less water and on less farm land.
Aerial imaging from drones enable a new sophisticated science of farming, called precision agriculture.
With an exponentially growing world population, the agriculture industry must deliver more food with less water and on less farm land.
Aerial imaging from drones enable a new sophisticated science of farming, called precision agriculture.
For more than 10,000 years people have cultivated crops using trial and error, received wisdom and how the soil feels when they rub it between their fingers. Only recently in history, mechanisation revolutionised the countryside with machinery and replaced horses with tractors.
Nowadays, weโre witnessing a new farming revolution triggered by the adoption of staggering new technologies combined with high-tech engineering.
"Precision Farming: the New Agricultural Revolution"