Vultus AB is a remote sensing company based in Lund, Sweden working towards sustainability. Vultus makes precision farming tools using satellite data. With these tools, farmers can reduce their nitrogen fertilizer use by up to 1/3rd and increase their crop yields. They can also download precision variable-rate nitrogen prescriptions, straight from our satellites to their tractors.
Vultus started life in 2016 as a two-person team in southern Sweden, offering drone insights into crop health. Soon we realized that drones were difficult to scale – you need to have the boots on the ground, battery life, and superb weather conditions to make it work! We turned our sights skywards and began researching whether satellite data could provide quality insights into crop health and fertilizer needs. By analyzing the spectral signatures of crops, using remote sensing technology from satellites, we were successful.
Vultus is now a leader in precision farming technologies, employing a team of expert researchers and having developed services for measuring soil fertility, monitoring crop health, optimizing fertilizer dosage and yield, measuring irrigation requirements. By partnering with various international farming platforms, we now have office in Sweden, providing 10 million hectares of land with unique Vultus insights. Our mission is to empower every farmer in the world to grow healthier plants at a lower cost and significantly reduce environmental harm.
Now in 2020, we have 17 people on the team. We are growing at a phenomenal rate, having validated our business model and attracted big VC funding – from Norrsken, Almi Invest, Rockstart and Climate KIC. The team is international (representing nine different countries!) committed to gender balance (our board is comprised of two women and three men, the same as our Development team!) multidisciplinary and most of all, a warm group of compassionate members on a mission to increase sustainability in farming.