Photo - Kray Technologies
play_arrow
View
56652

Kray Technologies

Ukraine, Kyiv city
Market: Mechanical engineering, Farming, Robotics, Drones, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 13.04.2023
Show contacts
10
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

In Kray, we develop a revolutionary drone crop spraying technology that cuts costs by 90%, enabling frequent fertilization with +20-100% yields, sustainable no-till farming and land regeneration.

Current Status

We are finishing flight testing of our 3rd generation drone, which is a mass production candidate.
We secured $0.33M in revenue and got over $20M requests for quotes for our drones.
We are ready for small-scale series manufacture being at TRL 7.

Problem or Opportunity

In the 2 C° climate change scenario for 2050, available cropland will decrease by 10%, and yields will drop 5% to 15% while the world population is growing and requires 40% more food production.
A huge amount (10-15) of affordable crop sprayings is needed to keep yields high, especially when no-till farming is used to preserve and regenerate soil.
Nowadays spraying is expensive (20 EUR/ha) and to introduce sustainable farming widely we need a new technology, radically cutting the spraying costs.

Solution (product or service)

Kray Protection is a 4 m wingspan drone for crop dusting and plant nutrition.
With a working speed of 100 kph it covers 400 ha/day, flying steadily 1 m above the crop and charges droplets with electrostatics eliminating the spray drifts.
In autonomous flight, hybrid computer vision adjusts height and trajectory according to actual terrain and avoids obstacles.
Kray Protection cuts costs by 90%, increasing yields with 10x sprayings and enabling a profitable switch into sustainable agriculture.

Business model

Despite climate change's negative impact, CAGR 4.5% growth must come from tech innovations. Our spray service model addresses 500 mln acres in only N.A., with radically lower prices for the decades. Globally, TAM is $130B, and SAM is $40B annually.
Kray Protection technology TRL7 to TRL9 transition plan is launching is the powerful driver of desperately needed agriculture transformation toward sustainability.
https://bit.ly/KrayOnePagerGRASP
https://bit.ly/GRASP_Introduction
https://bit.ly/KrayGRASPAll

Incubation/Acceleration programs accomplishment

MassChallenge EIT Food Switzerland 2019 – a finalist of EIT Food global event in Lisbon 2019
https://www.eitfood.eu/news/post/twelve-finalists-of-2019-eit-food-accelerator-network-announced

Growth Train 2019

We are representing Ukraine at Startup World Cup Grand Final 2022 in September in San Francisco. We would share our experience and vision with others
https://bit.ly/KrayStartupWorldCupWinnerVideo
https://bit.ly/KrayProtectionShortExplanation
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility719
star2
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation