Monarch Tractor named to 2023 CNBC Disruptor 50 List for 2nd consecutive year

Monarch Tractor, the California-based manufacturer of electric, autonomous tractors, has announced that it has been named to the 2023 CNBC Disruptor 50 list for the second year in a row. Monarch Tractor placed 49 on the list for its continued development of the company’s MK-V electric, driver-optional tractor.

The 11th annual Disruptor 50 list “highlights private companies that are chasing some of the market’s biggest opportunities, and growing despite a tough capital markets environment and slowing economy,” notes CNBC.

“It’s been an incredible year of development for our team, and being named to this esteemed list for the second year in a row is extremely validating of all the work we’ve been doing,” says Praveen Penmetsa, co-founder & CEO, Monarch Tractor. “We’ve celebrated some large milestones recently and we are excited to sustain this momentum as we continue to deliver Monarch’s solutions to farmers nationally and globally.”

In other Monarch news, a recent Monarch MK-V test trial of mowing operations at the Sonoma County Charles M. Schulz Airport in California proved its worth as an electric tractor and smart tool that can deliver the profitable and safety solutions airports and municipalities are seeking, reports Monarch Tractor.

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Sonoma County Airport Operations is responsible for keeping more than 500 acres of grass within the airport’s 6-10 inch specifications, Monarch reports: “That’s a lot of tractor time and diesel. A battery tractor changes the equation. Sonoma County Airport Operations Supervisor, Dan Carls, immediately recognized the advantages of using the Monarch MK-V.”

“The EV tractor [MK-V] performed very well,” Carls says. “Being able to set the parameters for use where we want it, like at 6-10 inches, means we don’t have to rely on someone constantly making sure they have it set at the right height.”

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