Vultus AB (publ) announced that Toyama do Brasil Máquinas Ltda's is going live on Vultus's new platform. Through its retailer network, Toyama will distribute Vultus's analytics service and platform to the agriculture industry. Revenues will initially amount to approximately SEK 1.5 million in fixed fees and will increase with the variable cost per analyzed hectare.

Toyama's network will feature a bespoke platform and app, tailored to deliver Vultus's analytics services. These include Nitrogen Prescriptions, Plant Health monitoring, Water Stress identification, and Soil Organic Carbon assessments designed to improve agricultural efficiency. This initiative not only renews but also significantly strengthens the existing partnership between Vultus and Toyama.

With Vultus's services now accessible across Toyama's 7,000 retail outlets, the anticipated annual revenue is based on a fixed fee of approximately SEK 1.5 million, set to increase with the addition of variable fees per hectare analyzed. The revenue is allocated on a monthly basis and will apply from the second quarter of this year. Beyond providing services to end-users like farmers, agro-holdings, and agronomists, Toyama will extend Vultus's offerings to dealers and representatives.