Sowing Success: Creating a Competitive Agribusiness Startup for the Arkansas Governor's Cup

Unique Presentation Identifier:

85

Program Type

Honors

Faculty Advisor

Catherine Capen-Housely

Document Type

Presentation

Location

Online

Start Date

9-4-2026 8:00 AM

Abstract

This project examines the feasibility and strategic integration of a specialized agricultural drone service designed to improve crop field-edge treatment in Arkansas. The guiding research question was: Can a targeted drone-based edge-spraying model enhance field coverage and economic efficiency while complementing, rather than competing with, traditional aerial application services?

The study incorporated market analysis, extension-based research review, competitive assessment, and financial modeling. USDA Census of Agriculture data were analyzed to evaluate farm size distribution and potential demand among small to mid-sized producers. Existing literature on field-edge productivity and precision agriculture was reviewed to assess agronomic justification for targeted perimeter treatment. A comparative pricing analysis of local crop dusters and drone operators informed the development of a differentiated service model. Financial statements, including income projections, cash flow analysis, and balance sheets, were constructed under conservative growth assumptions to test economic sustainability.

Findings indicate that untreated or under-treated field edges represent both an agronomic inefficiency and a service gap within current aerial application systems. By focusing exclusively on perimeter application, the proposed model reduces direct competition with crop dusters while enhancing total field management strategies. Financial projections demonstrate early-stage viability with modest adoption levels and strong reliance on collaborative partnerships with crop consultants and Extension services.

This project contributes to the broader discussion of precision agriculture by illustrating how niche drone services can be integrated into existing agricultural frameworks to improve productivity, economic sustainability, and environmental stewardship in rural communities.

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Apr 9th, 8:00 AM

Sowing Success: Creating a Competitive Agribusiness Startup for the Arkansas Governor's Cup

Online

This project examines the feasibility and strategic integration of a specialized agricultural drone service designed to improve crop field-edge treatment in Arkansas. The guiding research question was: Can a targeted drone-based edge-spraying model enhance field coverage and economic efficiency while complementing, rather than competing with, traditional aerial application services?

The study incorporated market analysis, extension-based research review, competitive assessment, and financial modeling. USDA Census of Agriculture data were analyzed to evaluate farm size distribution and potential demand among small to mid-sized producers. Existing literature on field-edge productivity and precision agriculture was reviewed to assess agronomic justification for targeted perimeter treatment. A comparative pricing analysis of local crop dusters and drone operators informed the development of a differentiated service model. Financial statements, including income projections, cash flow analysis, and balance sheets, were constructed under conservative growth assumptions to test economic sustainability.

Findings indicate that untreated or under-treated field edges represent both an agronomic inefficiency and a service gap within current aerial application systems. By focusing exclusively on perimeter application, the proposed model reduces direct competition with crop dusters while enhancing total field management strategies. Financial projections demonstrate early-stage viability with modest adoption levels and strong reliance on collaborative partnerships with crop consultants and Extension services.

This project contributes to the broader discussion of precision agriculture by illustrating how niche drone services can be integrated into existing agricultural frameworks to improve productivity, economic sustainability, and environmental stewardship in rural communities.