Niqo Robotics expands reach, targets profitability in 2026/7

Niqo Robotics is broadening its operations in the U.S. to include various specialty crops and plans to launch an upgraded weeding robot. The company aims for profitability by 2026-27, emphasizing ROI for farmers over AI hype, which is crucial for agrifood innovators and investors focusing on practical solutions.

Original excerpt: “Farmers just want to know when it will pay off, what’s the maintenance like, and how it will make or save me money,” says Niqo Robotics CEO Jaisimha Rao…

Source: AgFunderNews