# Monarch MK-V: Price, Availability & Status (2026)

Monarch's MK-V battery-electric smart tractor shipped from 2022 but the company collapsed in 2025; its IP was acquired by Caterpillar (~Apr 2026). Discontinued. Autonomy was overstated. No consumer price.

## Price

_No verified price on record._

There is no consumer price, and the company is discontinued. The MK-V was B2B agricultural equipment, not a product sold to consumers, so DEPLOY records zero price points.

## Availability

_Status: discontinued_

Monarch Tractor is discontinued. The MK-V shipped to commercial customers from December 2022, but Monarch collapsed through 2025; its assets and IP were acquired by Caterpillar around April 2026.

## Status

Monarch Tractor (founded 2018, Livermore, California) built the MK-V, a fully battery-electric, driver-optional smart tractor with a WingspanAI fleet-management and remote-supervision layer. It is the wound-down anchor of DEPLOY's agriculture cohort. The MK-V did reach a genuine historical peak: it shipped to paying commercial customers starting December 2022 (the first being Constellation Brands, six tractors for its To Kalon vineyard), and Monarch raised more than $220 million anchored by a $133 million Series C in July 2024 (recorded at commercial maturity historically). But Monarch collapsed through 2025: its Foxconn manufacturing arrangement ended (the Ohio plant was sold to SoftBank in August 2025), with layoffs and a shutdown warning in November 2025, a pivot to roughly 70% licensing revenue, and finally an assignment for the benefit of creditors; its assets and IP were acquired by Caterpillar around April 14, 2026, in an asset-and-technology purchase, not a going-concern acquisition. On autonomy, marketing of a fully autonomous tractor overstated reality: full autonomy was confined to a narrow dairy feed-pushing use case, while general field work was driver-assist with an operator aboard, and an Idaho dealer sued in September 2025 alleging the tractors could not operate autonomously.

## Compare

| Model | Pricing | Tier |
| --- | --- | --- |
| [John Deere autonomy](/price/deere-autonomous-tractor) | No consumer price | absence (OEM autonomous tractor (Bear Flag)) |
| [Carbon LaserWeeder](/price/carbon-laserweeder) | No consumer price | absence (Laser weeding (commercial)) |
| [FarmDroid FD20](/price/farmdroid-fd20) | No consumer price | absence (Solar seed+weed (commercial)) |
| [CNH Raven Autonomy](/price/cnh-raven-autonomy) | No consumer price | absence (OEM retrofit autonomy (Raven)) |

## Common questions

### Can I buy a Monarch MK-V?

No. Monarch Tractor is discontinued: it collapsed through 2025 and its assets and IP were acquired by Caterpillar around April 2026. It was B2B agricultural equipment, never sold to consumers; there is no consumer price.

### Was the Monarch MK-V fully autonomous?

No. Marketing of a fully autonomous tractor overstated reality: full autonomy was confined to a narrow dairy feed-pushing use case, while general field work was driver-assist with an operator aboard. An Idaho dealer sued in September 2025 alleging the tractors could not operate autonomously.

## How DEPLOY verified this

- [How DEPLOY tracks pricing](https://news.deploy.report/methodology/how-we-track-pricing)
- [How DEPLOY verifies deployment status](https://news.deploy.report/methodology/how-we-verify-deployment-status)

## Related reading

- [Deploy News: What is an agricultural robot?](https://news.deploy.report/explainers/what-is-an-agricultural-robot)
- [Deploy News: How DEPLOY verifies](https://news.deploy.report/explainers/how-deploy-verifies)

## On the registry

- [Model record](https://registry.deploy.report/models/monarch-mk-v.md)
- [Manufacturer](https://registry.deploy.report/companies/monarch-tractor.md)

_Canonical: https://deploy.report/price/monarch-mk-v_