|
|
|
|
|
|
| After initially establishing an operations and technology teams presence in Singapore in 2021, the Silicon Valley-based company prepares for major global growth and talent development |
SINGAPORE, June 21, 2023 - (ACN Newswire) - Monarch Tractor, maker of the MK-V, the fully electric, driver-optional, connected tractor, today announces the expansion of its operations in Singapore, signaling 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 successful 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.
 | | Monarch Tractor Hero |
 | | Monarch Tractor Hero |
"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 than ever, 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 cutting-edge A.I. robotics technology - creating a smarter, greener and safer farming industry.
Following its launch in 2020, Monarch Tractor has continued to revolutionize the agriculture industry at a global scale through innovative electric and autonomous capabilities. Moving to bring AI to farmer's fingertips, the company has captured the attention of other major sustainable-focused countries within APAC including New Zealand, where Monarch delivered the first-ever electric tractor to the NZ0 farm.
To learn more about Monarch Tractor, visit www.monarchtractor.com.
About Monarch Tractor
Founded in 2018, Monarch Tractor's Founder Series MK-V is the world's first fully electric, driver-optional, connected tractor set to enhance farmers' existing operations, alleviate labor shortages, and maximize yields. Monarch Tractor is committed to elevating farming practices to enable clean, efficient, and economically viable solutions for today's farmers and the generations of farmers to come. With cutting-edge technology, global reach, and an experienced team, Monarch is delivering meaningful change for the future of farming. For more information, visit www.monarchtractor.com.
Monarch Tractor Media Contact
Sling & Stone l monarchtractor@slingstone.com
Topic: Press release summary
Source: Monarch Tractor
Sectors: Agritech, Automotive, Artificial Intel [AI], Automation [IoT], EVs, Transportation, Manufacturing
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
TruMerit and Credivera Issue First Verifiable Digital Credentials for Global Healthcare Professionals
May 8, 2026 23:00 HKT/SGT
|
|
|
Sydney and Melbourne kick off ninth edition of PropertyGuru Asia Property Awards in Australia 
May 8, 2026 14:40 HKT/SGT
|
|
|
How to Travel More Often Without Increasing Your Budget
May 8, 2026 13:00 HKT/SGT
|
|
|
How to Clear the Strait of Hormuz from the Air: UMag Solutions Launches F1Mag(R) - an Unmanned Solution for Rapid Naval Mine Detection and Anti-Submarine Warfare
May 7, 2026 20:30 HKT/SGT
|
|
|
AstraZeneca and OMP Demonstrate Planning at the Speed of Change at Gartner Supply Chain Symposium/Xpo(TM) 2026
May 7, 2026 20:00 HKT/SGT
|
|
|
Focus Graphite Announces One of the Largest Identified Graphite Deposits Globally at the Lac Tetepisca Project
May 7, 2026 17:29 HKT/SGT
|
|
|
Nissin Foods Forms Joint Capital Investment with Itochu HK to Strengthen Distribution Platforms in PRC Markets
May 7, 2026 16:55 HKT/SGT
|
|
|
Fujitsu Digitalizes Management of Japan's Reserve Self-Defense Force for Ministry of Defense, Enhancing Efficiency
Thursday, May 7, 2026 1:02:00 PM
|
|
|
Neat Appoints Javed Khan as CEO to Lead AI Transformation
May 7, 2026 12:53 HKT/SGT
|
|
|
Exito Media Concepts Announces the 47th Edition of the Digital Transformation Summit Philippines
May 7, 2026 07:53 HKT/SGT
|
|
|
|
|
More Press release >> |
|
 |
|
|
|
|
 |
|
