Ready to Rocket: 2021 – Eleos Robotics
We are very excited to announce that on March 24, 2021 Eleos Robotics was listed amongst the top emerging companies in the Agri-Food sector of the Emerging Rocket list which comprises of technology companies in the agricultural sector and food value chains.
Ready to Rocket recognizes companies with the greatest potential for revenue growth. The 2021 Ready to Rocket lists separates these businesses into five different technology sections: Information and Communications Technology, Cleantech, life Science, Digital Health, and Agri-Food. The list provides accurate predictions of private companies that will likely experience significant growth, venture capital investment or acquisition by a major player in the coming year.
The Emerging Rockets list features companies that show great investment and market breakthrough potential in the upcoming year. To qualify for a nomination under the Ready to Rocket list, businesses have to have $500K in technology product revenue and a growing base of customers. They must also show 50%-100% growth potential. The Emerging Rocket list recognizes companies that are worth watching over the next coming years as they are likely to become “Ready to Rocket” companies.
Even though 2020 was a challenging year, the Agri-Food industry made a lot of progress and had many market breakthroughs such as RoboWeeder. Eleos Robotics’ RoboWeeder is the most disruptive weeding technology to herbicides on earth. Not only does it use the patent pending precision heating technology, RootShock™ to destroy weeds, but it autonomously controls weeds for farmers allowing them to increase production, reduce the complexity of farm operations, and go organic.
One of the biggest challenges that growers have been facing due to the pandemic is labour uncertainty. Eleos is an immediate solution to reduce labour by up to 25%. RoboWeeder autonomously patrols the crops day and night, it allows growers to lower the risk and dependency on foreign labour and maximize productivity.
We are very thankful to have been listed under Emerging Rockets, we are very excited to find more solutions to rising Agri-Food problems. We would like to thank Dave Thomas, Reg Nordman, Thealzel Lee, WooHee Kim, and all of the sponsors: CBRE, Garibaldi Capital, Go Recruitment, McMillan City of New Westminster, PwC, and Rocket Builders.















