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Benzinga

Business

Akanksha Bakshi

Jacobs Inks Deal To Provide Aerial Digital Imagery To Intelinair

Jacobs Jacobs Engineering Group Inc NYSE

Jacobs Engineering Group Inc (NYSE:J) has inked a new three-year agreement with Intelinair for agriculture technology (AgTech) markets beginning in 2022 and extending through 2024. Deal terms were not disclosed.
The arrangement supports Intelinair's market expansion commitment and Jacobs' focus on digitally enabled sustainability and environmental practices.
"Our cutting-edge GeoPod™ sensors are flown over fields 13 times during the growing season to conduct high-resolution digital mapping. The multispectral imagery our sensors produce is then used by Intelinair to create timely agronomic insights that aid farmers in making real-time management decisions," said Jacobs EVP and President of Critical Mission Solutions Steve Arnette.
Price Action: J shares are trading lower by 0.16% at $139.31 on the last check Thursday.

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