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Stock Market & Financial Investment News

News Breaks
January 28, 2014
08:33 EDTITIIteris, Tinga announce global partnership
Iteris has entered into an agreement with Tinga, Inc., to provide Iteris’ products on Tinga’s AIR Exchange. Under the agreement, Iteris’ traffic and weather information products and services are offered on the AIREX online marketplace for asset managers, hedge funds, registered investment advisors, corporate buyers, and other investment professionals.
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April 14, 2015
08:33 EDTITIIteris announces patent for precision farming advisor
Iteris has received a patent for technology related to assessing the impact of weather on crop harvest operations in precision agriculture. The U.S. Patent Office issued Iteris U.S. Patent Number 9,009,087 for modeling the impact of time-varying weather conditions on post-harvest crop drying techniques. The patent addresses the technology in Iteris’ ClearAg offerings for harvest operations in precision agriculture. Specifically, the patent teaches a system and method of applying real-time, field-level weather simulation to identify the optimal time to harvest crops, based on predicted weather and soil conditions and crop moisture levels. The ClearAg system implements multiple agriculture models to generate a series of context-based, harvest advisory outputs for supporting farm operations management.

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