Rayhawk Technologies Secures Three US Contracts for Railcar-Loading Automation
Rayhawk Technologies, a Saskatoon-based railcar-loading automation startup, has secured three contracts in the US, marking its first deployments in the market. Founded in 2021, Rayhawk develops a mechanical gantry system to automate railcar loading, enhancing safety and efficiency. The company received $3 million CAD in seed funding to commercialize its technology. Government support has also come from Innovation Saskatchewan, PrairiesCan, and the National Research Council of Canada.
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Rayhawk Technologies, founded in 2021, focuses on automating railcar loading to enhance safety. The company has secured three contracts in the US: with FS Grain in Illinois, Market County Grain in Minnesota, and Dakota Midland Grain in North Dakota.
This marks Rayhawk's first entry into the US market. The startup developed a mechanical gantry system that autonomously opens and closes railcar lids, utilizing machine learning and computer vision to adapt to various conditions.
Rayhawk received $3 million CAD in seed funding and additional government support from Innovation Saskatchewan, PrairiesCan, and the National Research Council of Canada. The company aims to expand its technology beyond grain elevators over time.
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