New Way Ag
A business that provides agricultural drone services, primarily focused on spraying crops using heavy-lift drones.
Why It Works
The use of drones allows for more efficient and timely spraying of crops, especially when traditional methods are not feasible due to weather conditions or the physical limitations of equipment.
Revenue & Traction
Pricing varies, but an example given was around $10 to $11 per acre for spraying, potentially leading to substantial revenue depending on the number of acres serviced.
Founding Story
Not mentioned in the transcript.
Business Playbook
The business leverages the novelty and effectiveness of drone technology to appeal to farmers, showcasing drones in person to demonstrate their capabilities and establish trust.
Why this works now
FAA Part 107 regulations enable commercial drone operations for agricultural spraying, allowing New Way Ag to efficiently service farms. The company could initiate revenue by targeting farmers through local agricultural fairs, demonstrating drone capabilities directly to potential clients. A significant constraint is the capital required for drone acquisition and maintenance, which can strain cash flow, especially when scaling operations across multiple regions.
Additional Information
The business model includes recurring revenue through annual contracts for spraying services, with the potential for multiple applications per season depending on the crop.
Source
Podcast: Koerner Office
Episode: He Made $132K in 24 Days With a Drone⏐Ep. #288
Creation Date: April 3, 2026
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