Latest news with #TerryAnderson
Yahoo
28-05-2025
- Business
- Yahoo
Conservation Equity Management and Ironwood Resource Advisors Announce Historic Approval of First Eastern Black Rail Conservation Bank in U.S.
GALVESTON, Texas, May 28, 2025 /PRNewswire/ -- Conservation Equity Management (CEM) and Ironwood Resource Advisors, LLC are proud to announce the establishment of the first-ever Eastern Black Rail Conservation Bank (EBRCB), approved by the U.S. Fish and Wildlife Service (USFWS). The Eastern Black Rail—a small, elusive marsh bird—has suffered a population decline of more than 90% due to habitat loss and coastal flooding. Once widespread along the eastern United States, the species was listed as Threatened under the Endangered Species Act in 2020. Its survival now depends on the protection and restoration of coastal marshes and inland wetlands. Strategically located in Brazoria County, Texas, just 35 miles from downtown Houston and 15 miles from Galveston Island, CEM will restore and permanently conserve 500 acres of coastal prairie habitat vital to the species' recovery. The bank will generate mitigation credits by reestablishing previously degraded habitat, offering developers and industry a streamlined, USFWS-approved compensatory mitigation solution for unavoidable impacts on Eastern Black Rail habitat across the Upper Texas Coast—including the Greater Houston area, Galveston, Beaumont, Port Arthur, Freeport, Baytown, and Port Lavaca. Kyle Bass, Co-Founder of CEM, stated:"We continue to unite capitalism and conservation to create mutually beneficial outcomes. It is an honor to be the first conservation organization permitted to establish and protect habitat for the Eastern Black Rail." Terry Anderson, Co-Founder of CEM, added:"This initiative permanently protects hundreds of acres of irreplaceable Gulf Coast habitat, supporting both the Eastern Black Rail's survival and the long-term stability of coastal ecosystems." This milestone was achieved through collaboration with a wide network of stakeholders, including the U.S. Fish and Wildlife Service, U.S. Army Corps of Engineers, Environmental Protection Agency, Texas Parks and Wildlife Department, Texas Parks & Wildlife Foundation, Texas Commission on Environmental Quality, and the Galveston Bay Foundation. About Conservation Equity Management (CEM)Founded by Kyle Bass and Terry Anderson, CEM is a Texas-based private equity firm focused on high-impact conservation investments that deliver measurable environmental, social, and financial returns. Learn more at Media ContactSteele SchottenheimerManaging Director – Investor Relationsss@ | 214-347-8045https:// Credit Sales ContactTroy MadrigalPrincipal – Ironwood Resource Advisorstroy@ | 281-795-1469http:// View original content to download multimedia: SOURCE Conservation Equity Management, LP
Int'l Business Times
22-05-2025
- Automotive
- Int'l Business Times
ATC Founder on Why Ammonia and Micro Nuclear Reactors Could Power Agriculture's Next Revolution
As the global conversation around sustainability accelerates, agriculture, long seen as both a victim and contributor to climate change, is in urgent need of reinvention. While electric vehicles dominate headlines as a green solution, their limitations in rural and heavy-duty environments remain unresolved. Autonomous Tractor Corporation (ATC) founder Terry Anderson believes the key to fueling the future farm lies not in lithium batteries or diesel engines, but in something far older and surprisingly underutilized: ammonia. "This isn't new technology," Terry Anderson shares. "Ammonia-fueled combustion engines date back to the 1800s . Later, during World War II, when oil was scarce, ammonia-fuelled combustion engines were introduced to humans. The oil companies just made sure we all forgot about it." Today, ATC is working to put ammonia back on the map, not just as a fertilizer, but as a primary, carbon-free fuel source. According to Terry, the reasons are compelling: ammonia is more economical than diesel, releases no carbon when burned, and requires only minor modifications to existing farm equipment. More importantly, its use avoids the heavy environmental cost of lithium extraction and disposal, and the increasing strain on the electrical grid. Transportation accounts for over 15% of global greenhouse gas emissions. While electric vehicles have curbed emissions in passenger transit, they're not the right fit for agriculture. "Batteries are heavy, expensive, and degrade over time," Terry explains. "And every battery-powered tractor adds strain to a power grid that's already at capacity." Ammonia offers a way around those limitations. It packs high energy density into a compact form, is widely available, and doesn't rely on rare earth minerals. "You can convert an existing diesel tractor to run on ammonia with very minimal changes," says Terry. Still, ammonia isn't without its challenges. It burns more slowly than diesel, can be harder to ignite, and requires emissions control to manage nitrogen oxides. But, as Terry puts it, "We're not reinventing the wheel. We're just polishing it." Where ATC truly breaks new ground is in closing the loop. Rather than relying on industrial ammonia supply chains, Anderson envisions farms producing their own ammonia, on-site and on demand, using ambient air, moisture, and heat. The secret ingredient? Micro nuclear reactors. "We're designing a reactor about four feet long and sixteen inches in diameter," explains Terry. "It uses spent uranium and doesn't need to be refueled for at least twenty years. This would mean no emissions or grid dependency. Just clean, constant energy." The Haber-Bosch method has already made strides in agriculture with synthetic fertilizers in the 20th century. Now, this can further be indirectly utilized in fuel generation. Terry continues, "There are many companies globally building them right now. The tech is ready. It just needs to be brought to agriculture." ATC is currently in the design and development phase of its micro nuclear reactor, with plans to debut it on farms by mid-2027. Unlike other reactors that rely on electronic systems, theirs will feature a mechanical control system, simpler, safer, and more resilient in off-grid environments. Terry's background in advanced physics and nuclear research, while previously working in a lab, gives ATC a unique edge in navigating this complex space. But the implications go far beyond agriculture. One day, Anderson imagines, these microreactors could be small enough to power homes, eliminating the need for centralized utilities altogether. At its core, Anderson's vision is about sovereignty: for the environment, for farmers, and for future generations. "Why rely on fossil fuels or a fragile grid, when the air, water, and energy you need are right on your land?" Terry asks. Ultimately, ATC is on a mission to prove that the path to true agricultural sustainability won't be paved with lithium and copper wiring. With a carbon-neutral combustion cycle, lower fuel costs, no dependence on battery minerals, and the potential for fully self-contained fuel generation, ammonia could do for 21st-century farming what diesel did for the 20th. It's not just about changing what's under the hood. It's about reengineering the entire energy ecosystem within agriculture. And if Anderson has his way, by 2027, the quiet hum of a micro nuclear reactor might be the new sound of sustainable farming.
Associated Press
15-05-2025
- Automotive
- Associated Press
Autonomous Tractor Corporation Unveils Voice Controlled Autonomous Equipment Conversion System for Modern Farming
05/14/2025, San Francisco, California // PRODIGY: Feature Story // Autonomous Tractor Corporation (ATC), led by founder Terry Anderson, is transforming the future of farming by officially announcing its groundbreaking voice-controlled, camera-guided, semi-autonomous equipment platform, powered by its proprietary eDRIVE™ system. Currently in testing and coming soon to market, ATC's eDRIVE™ system is a redesign of how modern agriculture operates. Using four overlapping 120-degree high-resolution cameras instead of GPS for precision farming, the system gives autonomous machines optical 'eyes' for superior navigation and control. But what truly sets this innovation apart is its voice interface. Farmers can call their tractors, give them instructions, and supervise operations without needing to navigate complex interfaces. 'It's no different than telling a hired hand what to do,' said Terry. 'Only this time, the hand is a machine.' Originally launched as a concept in 2012, ATC's autonomous solution has evolved significantly. The team discovered that GPS-based systems couldn't deliver the accuracy that today's farmers demand. Instead, ATC turned to optics, physics, and voice recognition to create something far more intuitive, affordable, and farmer-friendly. Terry, whose background includes physics, mechanical and electrical engineering, and decades of successful business leadership, stated, 'Today's equipment is too expensive, complex, and difficult to repair. We believe farmers deserve better.' A major focus of ATC's launch is conversion packages for existing equipment. The conversion process is efficient, taking about a week, and involves removing the existing drivetrain and replacing it with ATC's diesel-electric module. The system removes failure-prone components such as transmissions and drive shafts and replaces them with a direct-to-wheel electric drive connected via fiber optics to a central controller. 'We're working with equipment powered by diesel or ammonia. Anything running on either of those fuels can be upgraded to use eDRIVE™,' said Terry. ATC is intentional about what autonomy means. 'We don't believe in 80,000-pound machines running around without supervision,' emphasized Terry. 'This is supervised autonomy. Machines are doing the work, but always under the watchful eye of a farmer or technician. Just like supervising a hired crew.' This pragmatic approach blends the best of innovation with the realities of farm life, allowing human oversight while freeing farmers from exhausting manual labor and sky-high machinery costs. The eDRIVE™ system is designed with farmers in mind. For instance, ATC has removed frequent failure points, such as hydrostatic drives, transmissions, and bearings, making repairs quicker and more affordable. Retrofitting old equipment with eDRIVE™ can be a fraction of the cost of buying new tractors. Media Contact Name: Ann Anderson Email: [email protected]
Business Upturn
14-05-2025
- Automotive
- Business Upturn
Autonomous Tractor Corporation Unveils Voice Controlled Autonomous Equipment Conversion System for Modern Farming
San Francisco, California, May 14, 2025 (GLOBE NEWSWIRE) — Autonomous Tractor Corporation (ATC), led by founder Terry Anderson, is transforming the future of farming by officially announcing its groundbreaking voice-controlled, camera-guided, semi-autonomous equipment platform, powered by its proprietary eDRIVE™ system. Currently in testing and coming soon to market, ATC's eDRIVE™ system is a redesign of how modern agriculture operates. Using four overlapping 120-degree high-resolution cameras instead of GPS for precision farming, the system gives autonomous machines optical 'eyes' for superior navigation and control. But what truly sets this innovation apart is its voice interface. Farmers can call their tractors, give them instructions, and supervise operations without needing to navigate complex interfaces. 'It's no different than telling a hired hand what to do,' said Terry. 'Only this time, the hand is a machine.' Originally launched as a concept in 2012, ATC's autonomous solution has evolved significantly. The team discovered that GPS-based systems couldn't deliver the accuracy that today's farmers demand. Instead, ATC turned to optics, physics, and voice recognition to create something far more intuitive, affordable, and farmer-friendly. Terry, whose background includes physics, mechanical and electrical engineering, and decades of successful business leadership, stated, 'Today's equipment is too expensive, complex, and difficult to repair. We believe farmers deserve better.' A major focus of ATC's launch is conversion packages for existing equipment. The conversion process is efficient, taking about a week, and involves removing the existing drivetrain and replacing it with ATC's diesel-electric module. The system removes failure-prone components such as transmissions and drive shafts and replaces them with a direct-to-wheel electric drive connected via fiber optics to a central controller. 'We're working with equipment powered by diesel or ammonia. Anything running on either of those fuels can be upgraded to use eDRIVE™,' said Terry. ATC is intentional about what autonomy means. 'We don't believe in 80,000-pound machines running around without supervision,' emphasized Terry. 'This is supervised autonomy. Machines are doing the work, but always under the watchful eye of a farmer or technician. Just like supervising a hired crew.' This pragmatic approach blends the best of innovation with the realities of farm life, allowing human oversight while freeing farmers from exhausting manual labor and sky-high machinery costs. The eDRIVE™ system is designed with farmers in mind. For instance, ATC has removed frequent failure points, such as hydrostatic drives, transmissions, and bearings, making repairs quicker and more affordable. Retrofitting old equipment with eDRIVE™ can be a fraction of the cost of buying new tractors. Media Contact Name: Ann Anderson Email: [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
14-05-2025
- Automotive
- Yahoo
Autonomous Tractor Corporation Unveils Voice Controlled Autonomous Equipment Conversion System for Modern Farming
eDRIVE by Autonomous Tractor Corporation turns any farm machine powered by diesel or ammonia into a voice controlled, semiautonomous workhorse. San Francisco, California, May 14, 2025 (GLOBE NEWSWIRE) -- Autonomous Tractor Corporation (ATC), led by founder Terry Anderson, is transforming the future of farming by officially announcing its groundbreaking voice-controlled, camera-guided, semi-autonomous equipment platform, powered by its proprietary eDRIVE™ system. Currently in testing and coming soon to market, ATC's eDRIVE™ system is a redesign of how modern agriculture operates. Using four overlapping 120-degree high-resolution cameras instead of GPS for precision farming, the system gives autonomous machines optical 'eyes' for superior navigation and control. But what truly sets this innovation apart is its voice interface. Farmers can call their tractors, give them instructions, and supervise operations without needing to navigate complex interfaces. 'It's no different than telling a hired hand what to do,' said Terry. 'Only this time, the hand is a machine.' Originally launched as a concept in 2012, ATC's autonomous solution has evolved significantly. The team discovered that GPS-based systems couldn't deliver the accuracy that today's farmers demand. Instead, ATC turned to optics, physics, and voice recognition to create something far more intuitive, affordable, and farmer-friendly. Terry, whose background includes physics, mechanical and electrical engineering, and decades of successful business leadership, stated, 'Today's equipment is too expensive, complex, and difficult to repair. We believe farmers deserve better.' A major focus of ATC's launch is conversion packages for existing equipment. The conversion process is efficient, taking about a week, and involves removing the existing drivetrain and replacing it with ATC's diesel-electric module. The system removes failure-prone components such as transmissions and drive shafts and replaces them with a direct-to-wheel electric drive connected via fiber optics to a central controller. 'We're working with equipment powered by diesel or ammonia. Anything running on either of those fuels can be upgraded to use eDRIVE™,' said Terry. ATC is intentional about what autonomy means. 'We don't believe in 80,000-pound machines running around without supervision,' emphasized Terry. 'This is supervised autonomy. Machines are doing the work, but always under the watchful eye of a farmer or technician. Just like supervising a hired crew.' This pragmatic approach blends the best of innovation with the realities of farm life, allowing human oversight while freeing farmers from exhausting manual labor and sky-high machinery costs. The eDRIVE™ system is designed with farmers in mind. For instance, ATC has removed frequent failure points, such as hydrostatic drives, transmissions, and bearings, making repairs quicker and more affordable. Retrofitting old equipment with eDRIVE™ can be a fraction of the cost of buying new tractors. Media Contact Name: Ann AndersonEmail: ann@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
