Agronomic analytics company FluroSat has raised $4.6 million in a new funding round, with the funds to be used to further improve agricultural yields in Australia as well as making FluroSat available to agronomists globally.
Agronomic analytics provider FluroSat and drone sensor developer MicaSense have joined hands in a partnership known as FluroSense to provide high-quality imagery and analytics to growers and crop advisers in order to optimise the management of plant nutrition.
A mix of large, medium-sized and small IT businesses have generally welcomed the measures in the Federal Budget that affect their industry, though the government's meddling in encryption — as evidenced in the passage of the encryption law last December — did not exactly earn many cheers.
The Australian Government has been urged not to trade off short-term budget savings for the country's long-term prosperity by making changes to the $3 billion R&D Tax Incentive and restricting claims for software R&D.