Devines

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Business Roadmap

PHASE 1: Q1 2021 - Q4 2021

PROTOTYPE TESTING

In Progress

DeVines has already deployed a line of alpha prototypes to multiple farmers who are currently testing the technology. Over the coming year, more eHermes receivers will be distributed and tested for further optimization.

PHASE 2: Q4 2021 - 2024

COMMERCIALIZATION

DeVines will take its services to the French market by the end of 2021. Over the next few years, DeVines will further improve and develop its technology and will establish a solid position in the French market.

PHASE 3: 2024 - 2025

REACH PROFITABILITY

By 2024, DeVines will become profitable and generate revenues of €23,000,000, while maintaining a positive cash flow

PHASE 4: 2026

INTERNATIONAL EXPANSION

DeVines plans to internationalize its business in 2026, starting with the German and Luxembourgian markets and followed by other countries across the globe for subsequent years.

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