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Executives and employees of LS Mtron and affiliates from the Korea Racing Authority taking a commemorative photograph after the autonomous tractor joint development agreement signing ceremony (Korea Racing Authority Jeju HQ Director Yoon-yeong Moon fifth from the left and LS Mtron Tractor Business HQ Director Sang-min Lee sixth from the left).

Executives and employees of LS Mtron and affiliates from the Korea Racing Authority taking a commemorative photograph in front of an autonomous tractor (Korea Racing Authority Jeju HQ Director Yoon-yeong Moon fifth from the left and LS Mtron Tractor Business HQ Director Sang-min Lee sixth from the left).

■ LS Mtron recognized for its progress and technological capabilities in domestic commercialization of autonomous tractors, signs MOU with Korea Racing Authority
■ Agreement for mutual cooperation in further advancing autonomous tractor technology ofboth parties and jointly developing autonomous tractors optimized for horse industry
■ LS Mtron Tractor Business HQ Director Sang-min Lee states, “LS Mtron’s autonomous tractor can drive itself forward, rotate, and work without any supervision.It is leading the agricultural modernization of Korea.” He adds, “With the Korea Racing Authority, we will become an enterprise that not only develops an autonomous tractor specializing in the horse industry but also expands further into other domains including agricultural sites to provide customized solutions to customers.”

LS Group’s industrial machinery and advanced parts manufacturer LS Mtron (CEO Jae-ho Shin) announced on August 28 that it had been recognized for its reputation as a leader in domestic autonomous tractor technology and signed an MOU with the Korea Racing Authority to implement and develop autonomous tractors for worksites in the horse industry.

The event was held at the Korea Racing Authority Jeju Farm, and there were 15 attendees at the event including the Korea Racing Authority’s Jeju HQ Director Yoon-yeong Moon, Jeju Farm Director Jeong-jin Park, and LS Mtron Tractor Business HQ Director Sang-min Lee.

Through this MOU, LS Mtron and the Korea Racing Authority have agreed to mutually cooperate in further advancing the autonomous tractor technology ofboth parties and jointly developing autonomous tractors optimized for the horse industry, and to form a consultative organization for mutual exchange and sharing of opinions and information related to autonomous tractors.

LS Mtron is expected to play a leading role in the industry as it applies smart agriculture in the horse industry through its autonomous tractors. The Korea Racing Authority’s Jeju Farm, spread across an area of approximately 650,000 pyeong, will serve as a test bed for the development of autonomous tractors. Autonomous tractors will be developed to provide a complete set of autonomous pasture management functions including fertilization, stone removal, mowing, and sowing. The tractors are also being developed to work autonomously even on racetracks that require continuous management around the clock in the case of inclement weather conditions such as rainfall, cold snaps, and blizzards.

At the event, LS Mtron Tractor Business HQ Director Sang-Min Lee stated, “LS Mtron’s autonomous tractor can drive itself forward, rotate, and work without any supervision.It is leading the agricultural modernization of Korea.” Headded, “With the Korea Racing Authority, we will become an enterprise that not only develops an autonomous tractor specializing in the horse industry but also further expand into other domains including agricultural sites to provide customized solutions to customers.”