Farmers helped by new satnav system

Farmers helped by new satnav system

Released

22/10/2010 11:03 am

Copyright

Joevilliers/Wikipedia

Description

Farmers are being helped by a new satnav system developed by start-up company Agrista at ESA's Business Incubation Centre Darmstadt in Germany. Agrista’s system enables financiers to use up-to-date agricultural information to improve financial planning for farmers, based on a deeper understanding of the specific agricultural situation, the financing requirement and credit risks. For this business-catalysing scheme, Agrista received the special 2010 GMES Special Prize, awarded by the German company T-Systems with assistance from ESA.

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