Caterpillar (NYSE:CAT) has acquired Monarch Tractor, a company focused on autonomous and electric tractors. The deal expands ...
The startup had faced mounting pressure from dealers, farmers, and a co-founder who complained that Monarch's tech didn't work properly.
Agtech startup Monarch Tractor shuts down after operational setbacks, with Caterpillar acquiring its autonomous and electric technology for integration into off-highway machinery.
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