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Great Ajax Corp T.AJX


Primary Symbol: AJX

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.


NYSE:AJX - Post by User

Post by sparkyAgon Jun 29, 2021 8:55am
123 Views
Post# 33465164

AJX/Robert Bosch LLC NEVONEX |deploy automated processes

AJX/Robert Bosch LLC NEVONEX |deploy automated processeshttps://www.streetaccount.com/pressrelease.aspx?ticker=AJX.CN&intraday_id=3070707

SCOTTSDALE, Ariz., June 29, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Company"), today announced that it has entered into a memorandum of understanding with Robert Bosch LLC (“Bosch”) to join the NEVONEX partner network and integrate NEVONEX into AgJunction’s hardware modules.

“AgJunction’s hardware and software modules provide farmers with the flexibility to operate, connect, and manage their farms in a way that works best for them,” said M. Brett McMickell, president and CEO of AgJunction. “This collaboration regarding NEVONEX (powered by Bosch) will allow AgJunction to work towards helping our customers deploy and connect to a range of automated processes from leading seed and crop protection companies. Additionally, the collaboration could allow farmers to connect our products with a broad range of Farm Management Information Systems (FMIS) in the future. AgJunction is working to empower farmers with easy-to-use and connected technology that is compatible with our over 2,000 makes and models of agricultural vehicles.”

“Industry collaborations help reach the common goal of enabling farmers and partners to efficiently deploy automated processes within the agricultural arena,” said Jason Keith, director of sales, commercial vehicle and off-highway for Bosch in North America. “With the addition of AgJunction to the NEVONEX ecosystem, we are furthering the reach of our products and services to assist farmers with deployment of digital solutions.”

Commenting on this new collaboration, Sharon Woods, senior director of marketing and program management at AgJunction said, “In addition to integrating NEVONEX into our hardware modules, AgJunction will collaborate on integrating our software modules into the NEVONEX system. NEVONEX increases the addressable market of our software modules. This collaboration is another example of the flexibility developed in AgJunction’s automated solutions. AgJunction will also work on integrating NEVONEX into OEM vehicles to bring new digital services to agriculture machines.”
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