Press Release: November 10, 2020
[Nov 10, 2020] ONDO has received yet another recognition for the precision farming agritech solutions it provides. The company - a provider of automated drip irrigation management and control, precise plant nutrition and climate control for various crops - has been awarded by the Bulgarian Chamber of Commerce and Industry with a prestigious ‘Most Innovative Company’ award.
ONDO was founded at the start of 2020, but it has already demonstrated the major impact its innovative precision farming solutions have on farms, the first ones being in Bulgaria and North Macedonia. The results released by the first customers using ONDO show a significant, up to 30% decrease in the usage of resources like water, energy and fertilizers, while at the same time crop yield gets an up to 20% boost! Thus, farms can easily pay out the investment in ONDO and continue reaping benefits from it, particularly considering the climate changes every country has been facing and the recent coronavirus crisis, affecting the availability of human resources in agriculture.
This recognition undoubtedly acknowledges the need for innovations like ONDO in agriculture, innovations that would help farms face the challenges of the current times.
„We hope that the innovative thinking you are demonstrating and proving today will be the reason for meeting again in the future’ said Georgi Stoev, member of the Managing council of the Bulgarian Chamber of Commerce and Industry when handing over the award.
„In the very near future ONDO’s digital solutions will shape up the agriculture of the future – will increase the crop yield, will reduce the expenses, will optimize the processes. Thanks to the BCCI for this award – it comes to assure us that our effort to become a leading agritech solution not only in Bulgaria, but in the region, in Europe and beyond, is recognized and valued." - commented Ivan Dragoev, CTO of ONDO.
ONDO has already registered interest from farms in Poland, Romania, Greece and South Africa.
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ONDO (ondo.io) offers an innovative, digitally-controlled precision agriculture system for automated drip irrigation management and control, precise plant nutrition and climate control for various crops. ONDO can be used in greenhouses, orchards, vineyards or on the open fields, saving up to 85% of water, up to 50% of energy and up to 60% of losses caused by human error.