Caterpillar Buys Autonomous Electric Tractor Firm Monarch

Monarch Tractor's collapse ends with an acquisition by Caterpillar

The startup had faced mounting pressure from dealers, farmers, and a co-founder who complained that Monarch's tech didn't work properly.

Caterpillar Buys Autonomous Electric Tractor Firm Monarch

Caterpillar has acquired self-driving electric tractor startup Monarch Tractor, according to people familiar with the matter.

Caterpillar is said to acquire autonomous tractor startup Monarch (CAT:NYSE)

Caterpillar reportedly buys Monarch Tractor, gaining self-driving electric tractor tech as ag climate VC funding slumps.

Caterpillar Acquires California-Based Electric Tractor Startup Monarch ...

Caterpillar buys little-known AI startup in surprise tech move

Shares of Caterpillar (CAT) fell roughly 3% on Tuesday, March 15, after news broke that the industrial equipment company acquired a venture-backed startup focused on electric and autonomous off-road vehicles. Here’s what Caterpillar’s acquisition could mean for the business and…

Caterpillar Snaps Up Struggling Electric Tractor Startup Monarch

Caterpillar Inc. (NYSE: CAT) has acquired Monarch Tractor, a self-driving electric tractor startup, marking a significant push by the heavy equipment giant into precision agriculture technology. The deal, confirmed by sources familiar with the matter, integrates Monarch’s autonomous tech into Caterpillar’s sprawling $369 billion business, which spans construction and agricultural equipment. Monarch, once hailed as […]