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TeleSense Addresses Global Grain Ecosystem Challenges

TeleSense Addresses Global Grain Ecosystem Challenges

Grain spoilage may soon be a thing of the past for global grain operators and transporters. IoT tech innovator TeleSense recently announced its acquisition of Danish wireless sensor technology company, Webstech. Through this acquisition, TeleSense announced it will amp up IoT efforts as it now has access to the largest global remote-sensed dataset and plans on integrating Webstech’s industrial automation capabilities, solar/battery power functionality and sensor spears to its current solution.

“Spoilage and energy optimization in drying grain continue to be multi-billion dollar issues; TeleSense provides the data insights needed for players throughout the global grain ecosystem to improve safety and profitability,” TeleSense CEO Naeem Zafar said. “The acquisition of Webstech greatly accelerates our entry into the European market and provides millions of additional historical data points to further refine our machine learning technology and predictive algorithms.” 

The TeleSense GrainSafe™ AI platform serves the grain supply chain as a scalable solution through monitoring temperature and humidity levels and providing real-time view of the stored grain to ensure quality conditions are maintained. With this innovative, portable, and wireless solution, the company is ready to expand its presence beyond the U.S. and Australia and make its entry in the European regions.

“How grain is stored, handled and traded in the years to come will change as new IoT-enabled technologies take hold throughout the supply chain,” added Peter Votkjaer Jorgensen of Maersk Growth Ventures. “We think that this acquisition by TeleSense will accelerate the mission of higher sustainability and efficiency in the grain supply chain.”

The company also confirmed it will expand with a new Denmark office and onboard two new additions to the team. Maersk Growth Ventures’ Peter Votkjaer Jorgensen will serve on the Board of Directors of the newly created TeleSense Europe ApS subsidiary and Webstech’s CEO Thomas Kylling will serve as managing director for TeleSense’s European team.

“After operating in the European remote sensing space for almost a decade, I was absolutely blown away by TeleSense’s integration of data science with an IoT solution for grain,” noted Kylling. “I think that TeleSense will help drive the automation of the grain supply chain, and I’m excited to help lead the effort in Europe.” 

ADM, Marubeni Meld Pacific Northwest Grain Operations

Chicago, IL – Archer Daniels Midland Company and Marubeni Corporation have expanded and will rename their Kalama Export Company LLC joint venture at the Port of Portland, Oregon.

The move comes as the Japanese company has decided to combine its grain export elevator operations at the port’s Terminal 5 with those at the Columbia Export Terminal, a subsidiary of KEC, at the Port of Kalama.

As s result, the Kalama Export Company LLC joint venture will be renamed Pacificor, LLC.

KEC, which was formed in 1998 by Marubeni’s subsidiary, Gavilon Holdings, ADM and Agrex Inc. and exports grains and oilseeds via its grain elevator operation located in The Port of Kalama, Washington.

The Kalama and Portland grain elevator facilities “will continue to operate separately and maintain separate control of labor relations, but their common ownership is expected to improve efficiency and achieve more effective operation of the businesses,” according to a statement released by Archer Daniels Midland.

Established in 1949, Marubeni’s activities include importing and exporting, as well as transactions in the Japanese market, related to food, textiles, materials, pulp and paper, chemicals, energy, metals and mineral resources, transportation machinery, and include offshore trading, power projects and infrastructure, plants and industrial machinery, real estate development and construction, and finance, logistics and information industry.

Archer Daniels Midland is involved globally in the conversion of oilseeds, corn, wheat and cocoa into products for food, animal feed, industrial and energy uses.

With more than 270 processing plants, 470 crop procurement facilities, and the world’s premier crop transportation network, ADM helps connect the harvest to the home in more than 140 countries.