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Halter launches major upgrade to help American beef producers graze smarter and boost animal performance. * News Release * Posted: June 30, 2026 BOULDER, Colorado - Halter, the ag-tech company transforming cattle ranching, has launched Beef Pro, a product designed to move American beef producers beyond just virtual fencing and into active on-ranch performance management. Halter's existing beef product lets ranchers virtually fence and shift herds from a smartphone, without the labor of physical fencing. Beef Pro adds a data, planning and decision-making layer, helping ranchers get more from their land. Beef ranchers can now access a wealth of data on feed demand and grazing; satellite forage signals, grazing intensity heat maps, behavior monitoring, and automated grazing records, providing a singular platform to replace what ranchers currently manage in their heads, on whiteboards or spreadsheets. The innovation follows less than two months on from the introduction of Halter's satellite-enabled smart collars, unlocking large tracts of American ranchland previously unable to utilize virtual fencing due to poor connectivity. Already more than 600 ranches have signed up for the service. "Beef Pro adds the measurement and planning layer on top of the execution layer that is virtual fencing," said Toby Hurley, Director of Product at Halter. "Ranchers can quantify what their herds need versus what their land can support, have this data drive planning, and build a record of how each grazing performed. That feedback loop compounds into better decision-making, building on the pasture utilization uplift that virtual fencing alone achieves." A strong case for pasture utilization, as input costs rise. Meaningful production and high-quality pasture is often lost to under-grazing and over-grazing. Wasted forage becomes the main prize; every percentage point of utilization captured back is worth real money, compounding every year. With traditional grazing, a typical US cow-calf operation runs at 20-25% pasture utilization1 - some forage is intentionally left as residual, but the rest is waste. Hurley says that while Halter's existing product unlocks some improvements through rotational grazing, "with Beef Pro, it's realistic to think about ranches utilizing 30-40% on rangelands - gains that would be unattainable without this tool." "Every 1% of utilization lift is worth about $5000 on a 500-head, 2500-acre operation2. That's from one mechanism alone - less forage wasted - so everything else - from time savings, animal oversight, compliance records and replaced tools - stacks on top. We consider this way of managing land and animals a major leap for beef ranchers," Hurley says. Building on American momentum. Since launching in the U.S. in 2024, Halter now operates in more than half of America's states, with approximately 1000 American ranches using the system, more than quarter of a million collars sold in the U.S. and over one million sold globally. Beef Pro complements Halter's direct-to-satellite service launched in April in partnership with T-Mobile, powered by Starlink, which made Halter the world's only virtual fencing provider to offer a satellite service. Halter has already sold nearly 400,000 of the satellite collars globally - more than half in the U.S. Koy Holland from Holland Ranch, has collared a third of his 1750-cattle herd in Dillon, Montana. He says: "Being a good steward of rangeland comes first. Beef Pro provides data from our herd and works alongside what we see every day on the ranch. This helps us make informed decisions to improve our range management so we can adapt to drought and other challenges." Beef Pro is now available to new and existing Halter customers across the U.S. More information at halterhq.com About Halter. Halter serves more than 3500 farmers and ranchers across the United States, New Zealand, and Australia, and has sold one million of its solar-powered GPS-enabled collars. The company is headquartered in Auckland, New Zealand, with a U.S. office in Colorado, and Australian operations in Melbourne. To learn more, visit www.halterhq.com.

Collective worth of NZ's rich listers leaps by $102b. The National Business Review's annual rich list has found Aotearoa's wealthiest people are collectively worth $129 billion, up from $102b last year. New Zealand now has 26 billionaires, eight more than on the 2025 list. Co-founders of Zuru Toys, brothers Nick and Mat Mowbray retain the top spot with a $20b valuation. NBR co-editor Hamish McNicol said the list has 19 new members worth a combined $10.22b, and the technology sector is a major source of growth in the list. McNicol said 11 of the 19 newcomers this year are in the Tech and Services category, which profiles 35 people worth $31.93b, more than double last year's $14.64b total for that category. Rocket Lab founder, Sir Peter Beck, recorded the most significant increase in wealth across the list, from around $650m last year to a peak of about $11b this year. Beck has also backed several other New Zealand tech companies, such as Halter, whose founder Craig Piggott debuted on this year's list after his company was valued at $3.4b in March. Another newcomer is Paul Copplestone, after the database company he co-founded, Supabase, was valued at US$10b this month. "There have been several notable capital raises for New Zealand-based and New Zealand founded tech firms over the last 12 months," McNicol said. "Many talk up New Zealand's opportunity to become a tech-export hub, and there is a lot of momentum in the sector to build on." This year's is the 40th edition of NBR's Rich List, and profiles 150 Kiwi individuals and families. The top ten are collectively worth $64b, while the average net worth is $984m for individuals, $704m for families, and $1.68b for duos. "In 40 years, the number of profiles has nearly tripled, while the collective wealth has increased 23-fold. Over that time, the Rich List has chronicled the story of wealth in New Zealand through times of boom and bust, providing the most thorough account of who the country's wealthiest people are, how they created their wealth and where the money flows are going," McNicol said. Amongst the newcomers, Skipp Williamson is the third woman to feature on the Rich List in her own right, alongside Lucy Liu and Anna Mowbray. An engineer, Williamson earned a reputation as Australia's top management consultant, and in 2024 sold her firm, Partners in Performance, to global consulting firm Accenture, for a reported $450m. McNicol said those on the list employ thousands of people and generate billions of dollars of economic activity. "They carry enormous financial and political influence, invest into the next wave of entrepreneurs, and give back to their communities. They each have stories full of lessons to tell." Top ten. Nick and Mat Mowbray Graeme Hart Sir Peter Beck Goodman Family Todd Family Sir Peter Jackson and Dame Fran Walsh Sir Michael Friedlander Sir Rod Drury Talley Family Peter Cooper Newcomers. James Cameron Zhang Family Alex Kendall Stewart Family Lawrence Railton Paul Copplestone Dave Ferguson Sanderson Family Speedy Family Craig Piggott Glenn Ritchie Skipp Williamson Levi Fawcett Steven Adams Bruce Miller and Matt Walsh Steve Stockman Hamish McKenzie Faull Family

Christopher Luxon rules out new regulations for virtual fencing tech. Reporter · RNZ · 11 Jun, 2026 09:25 PM 5 mins to read A cow wears a solar-powered, GPS-enabled smart collar as farming gets increasingly high-tech. Photo / RNZ, Sally Round By Gianina Schwanecke of RNZ The Prime Minister has ruled out any extra regulations for virtual fencing technology. Solar-powered GPS collars, referred to as "wearables", are widely seen as a big part of the future of farming for dairy cows and beef cattle. Cows wear electronic collars and their movement is controlled via an app using audio, vibrations and an electric pulse to stay within the virtual fence. Companies Halter and Gallagher are leading the charge, exporting collar technology to farmers around the world. Uptake is growing rapidly, but the agritech has also divided opinion among some farmers, vets and animal welfare groups in this country. Animal welfare charity group Veterinarians for Animal Welfare Aotearoa has released an ethical code for the GPS collars worn by livestock, saying New Zealand is falling behind Australia in regulating virtual fencing technology. However, asked at Fieldays, Prime Minister Christopher Luxon said he was comfortable with the technology and saw no need for tighter regulation at this point. "We're very comfortable with where it's going," he said. In fact, the Government is investing $3.55 million in a five-year project led by Pāmu, in partnership with a number of industry partners, including Halter, to boost beef and sheep production. The Lift, or Livestock Innovation Farming Transformation programme, aims to unlock the productivity potential of hill country while protecting sensitive environments by showcasing how virtual fencing works in practice on-farm. Independent economic modelling shows Lift has the potential to deliver an additional $536m per year in farm-gate returns by 2036, and a $1.25 billion uplift in export value by 2036. Luxon hailed cow collars as one of the best examples of Kiwi ingenuity and a booming export opportunity for New Zealand. "When you think about the virtual fencing companies, whether it's Gallagher or whether it's Halter that are doing some great work in that space and creating technology platforms for agriculture here and around the world, that's a huge opportunity for us. "And that's the way I want New Zealanders to think about agriculture. "We're going to push forward really hard on it because it's a Kiwi invention." Virtual fencing is managed by the Animal Welfare Act and some vets and farmers say it is having a positive impact on animal health. Early and new adopters on farm impacts. Te Kūiti sheep and beef farmer Natasha Cave was an early adopter and credited wearables for transforming her enterprise into a thriving hill country operation. "We are a sheep and beef system, breeding cows with breeding ewes and finishing our young stock. We collared two-and-a-half years ago with Halter. "It's created a massive step change in our farm business. "We were backs against the wall, kind of questioning our future in farming, and we've managed to lift our cattle stocking rate by 20%, which has led to this year weaning an additional 10 tonne of calf liveweight [compared] to pre-Halter days." Cave, who also authored a Kellogg study paper about wearable technologies' potential on hill country farms, said that came from maximising grazing efficiency and accessing parts of the hill country that were less accessible, especially in winter. She said it has a positive impact on animal welfare if used well, but she warned it was a powerful tool if not used properly. Most of her cows took to the system easily and within the first 24 hours of wearing collars they had adjusted to the sound cues, without the need for any electrical pulses. She said wearables technology had potential animal welfare benefits, with data being used to identify sick cows earlier. Sheep and beef farmer Jacques Reinhart, of Horizon Farming in Hawke's Bay, has recently joined the Lift programme. "We're basically trying to make a playbook on how to integrate these wearables into sheep and beef farming systems in different climates and topography and stuff across New Zealand." He was confident, though, that wearables companies were working closely with animal rights and the laws around animal welfare. "The reality is, if they haven't been doing that, then their risk is massive because they can fold their whole business. So I'm confident in those companies doing that." Reinhart said, like with anything, there would be people who used the technology well and there might be some who used it poorly. Fellow Hawke's Bay farmer Tim Fairweather uses Gallagher's eShepherd wearable collars on his sheep and beef property. He said training the animals was as important as training the farmer, and rules and restrictions were in place. "With the right training for the user, you get a better understanding of how to use this that's best for the animals. "We're already using electric fences out there to control stock. All we're doing now is just making it a very mobile fence that we can stick almost anywhere." - This story was first published on rnz.co.nz Discover more. For off-farm investment advice, talk to a local Forsyth Barr adviser today. Latest from the country. 11 Jun 10:00 PM 11 Jun 09:00 PM 11 Jun 07:32 PM