Farmpro, an IoT-based stockbreeding solution startup, signed an MOU on cooperation in the field of IoT with Telenor Connexion, a world-leading mobile IoT company, in Singapore on Monday.
Telenor Connexion is a subsidiary of Telenor, a global telecommunications company based in northern Europe, and is in charge of Telenor’s IoT business. This cutting-edge technology company operates more than 20 million IoT connections in around 200 countries across the globe.
By working with Telenor, Farmpro can resolve IoT device communication issues that are caused by different telecommunication environments among countries when it enters overseas markets.
Farmpro developed a solution that attaches an electronic ear tag on livestock ears to manage livestock health. It held an opening ceremony for its Singapore Corporation on Monday and declared the full launch of entry into global markets, including such leading stockbreeding nations as the Argentine Republic, Australia, and New Zealand. Co-CEO Park of Farmpro attended a panel discussion at an agricultural innovation forum of SGInnovate ahead of the MOU signing ceremony. Farmpro’s advancement into Singapore was supported by ‘Global Big IN,’ a private-government cooperation governance program supervised by Incheon Metropolitan City.
The MOU signing ceremony was attended by officials from Incheon Metropolitan City, the Incheon Center for Creative Economy & Innovation, which is an organization exclusively in charge of the ‘Global Big IN’ program, the organizing parties, which are The Innovators and Bigbang Angels, and the Korea Agriculture Technology Promotion Agency (KOAT).
Park Byeong-ok, Co-CEO, Farmpro
The Farmpro solution has significantly reduced the mortality rate of calves, through which it is contributing to reducing greenhouse gas emissions and preventing misuse of antibiotics.
Kang Shin-ho, Director of the KOAT Department of Venture and Start-up
We plan to continually provide support so that Farmpro’s electronic ear tag business becomes a great success in the global market, going beyond the Korean market.
