Livestock Track Pty Ltd: Revolutionising Livestock Tracking with AI and RFID – Seeking Early-Stage Collaborators
Opportunity for
- Investors interested in starting conversations around future investment.
- Ag industry collaborators interested in trailing the LTRS technology across diverse operational settings, optimise workflows, and identify market fit across different industries i.e. aquaculture, poultry and pork.
- Innovators and startups interested in exploring the potential to integration of LTRS to other systems or technology services in the livestock and live export industries.
^This opportunity is only for professional and sophisticated investors.
Opportunity description
Industry challenge
Traditional manual and paper-based livestock tracking systems across the red meat value chain pose significant risks, including:
- Inefficiencies in livestock consignment validation.
- Inability to promptly address biosecurity threats, such as a potential Foot-and-Mouth Disease (FMD) outbreak, which could cost the industry billions.
- Limited scalability for other livestock types and industry applications.
Livestock Track Pty Ltd, leveraging five years of development with MLA Donor Funding, has developed the Livestock Transport Recording System (LTRS), a scalable digital solution transforming livestock tracking. The system combines AI and RFID technologies for real-time, precise validation of livestock consignments at saleyards, feedlots, and abattoirs.
Current opportunity
Livestock Track Pty Ltd is seeking early-stage collaborations to drive adoption and development of its Livestock Transport Recording System (LTRS).
The team is looking for:
- Investors: Engage in discussions about future funding to scale this proven technology.
- Ag industry collaborators: Trial the LTRS in diverse settings, including saleyards, feedlots, and abattoirs, to optimise workflows and validate market fit across sectors like aquaculture, poultry, and pork.
- Tech innovators: Explore integrations of the LTRS with complementary systems, such as live export logistics and biosecurity tools.
Partners will benefit from early access to cutting-edge livestock tracking technology, the opportunity to co-develop features for broader market applications, and a chance to lead innovation in biosecurity and supply chain efficiency. Aglive/LTRS has a number of industry software and program providers interested to collaborate so their clients can access their software through one platform.
- To find out more or to connect with Livestock Track go to "Enquire now".*
Opportunity background
The LTRS system offers unparalleled benefits for livestock management, addressing critical biosecurity challenges and replacing outdated manual processes. By capturing and consolidating data into an SQL database in real time, the LTRS ensures instant validation against eNVD records, reducing risks and streamlining operations. The market is very large in Australia but massive in the US. The company is already getting enquiry from the US and we plan to be there in February with Aglive.
Applications and benefits include:
- Accurate physical animal counts using AI-powered cloud-based algorithms.
- Instant eID reading via RFID race-mounted scanners for NLIS tag verification.
- Integration with Aglive eNVD for automated discrepancy flagging.
- Vehicle number plate recognition (LPR) and transport tracking for biosecurity compliance.
- Enhanced WH&S and animal welfare monitoring.
Recent outcomes:
- Successful implementation of AI-powered counting algorithms and RFID tag scanning.
- Demonstrated scalability to other livestock and integration with digital waybill systems.
- Clear ROI for adopters through enhanced compliance, operational efficiency, and biosecurity risk mitigation.
- AgVic Grant to build LTRS at Gippsland Livestock Exchange for Wellington Shire (see overview on website)
- Awarded National Traceability Grant through Queensland DAFF to install LTRS at Roma Saleyards.
Potential other applications
While currently focused on the red meat value chain, the LTRS system is scalable to other livestock categories and has potential applications in:
- Broader agricultural supply chain monitoring.
- Integrations with international biosecurity systems.
- Adaptations for logistics in aquaculture, poultry, and other animal-based industries.
^Professional and sophisticated investors as defined in the Corporations Act 2001 (Cth). The content of this opportunity is intended for use by persons having professional experience in matters relating to investments and must not be acted or relied upon by any other person including, without limitation, retail clients.