From losing 70% of its market to a global comeback: How OneSoil turned crisis into opportunity
OneSoil, founded in 2017 to provide satellite-based field monitoring for farmers, faced existential challenges when Russia's invasion of Ukraine eliminated its core markets in early 2022. The company, whose satellite imagery technology was particularly valuable in Ukraine where farms can span thousands of hectares, lost access to one of Europe's largest agricultural economies. The company subsequently rebuilt its business model and is now focusing on AI to democratize agricultural expertise globally, marking a pivot from crisis to new growth opportunities.
Key points
- Lost 70% of market when Russia invaded Ukraine in 2022
- Core technology uses satellite imagery for remote field monitoring
- Rebuilding strategy includes AI-powered agricultural tools
- Expanding internationally after market loss in core regions
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Tech.eu did the reporting; read the original for the full story.
Read the full story at Tech.eu