Press release from Companies

Publicerat: 2022-05-20 10:12:01

Spotlight: First day of trading in Vultus AB

Today is the first day of trading in Vultus AB, a Swedish ag-tech company developing the AI platform Fertilizer Ninja for precision farming via satellites. Based on satellite and weather data, it creates field-specific maps for fertilizer application, unique to the different needs of each field.

Vultus is an ag-tech company founded in 2016 in Lund, Sweden. The company has developed the AI platform Fertilizer Ninja for precision farming via satellites that mainly collects data from crop fields. The collected data is used to analyse the fields and generate action proposals and field-specific recommendations that the farmer uses to grow crops more efficiently. Vultus has recently entered the commercialisation phase and has started selling to international players. To further commercialize the Company's platform, Vultus has initiated a growth plan. The capital that Vultus will receive from the listing on the Spotlight Stock Market will fund the growth plan and enable it to scale up its operations in both existing and new markets.

We are very grateful for the interest in our IPO, and I would like to welcome all new shareholders. We are now ready to widely launch and commercialize our platform, which provides customers with decision support and analysis based on extensive research studies," comments CEO Per Karlsson, Vultus.

“Today we welcome Vultus to Spotlight! Now a growth journey awaits with the intention to start the commercialization of their platform. It will be exciting to follow the company’s journey," says Carl-Henrik Nordberg, Head of Listing, Spotlight.

Press contact
Anders Eriksson, CEO
+46 79 006 65 66, ae@spotlightstockmarket.com

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