Ah yes, Bayer Crop Science. The science division of a company that likes Monsanto's business model so much, they bought Monsanto. Good to see they found a fresh market for releasing "low-toxicity insecticide" into the food chain.
From what I can read of the press release, they are claiming a reduction of 30% in the amount of pesticide used. So, a significant incremental improvement, but certainly not something truly smart like using a camera to identify individual pests and targeting those pests with directed blasts of insecticide. Still a few years from that version of this tech.
In case you don't know, company executives make merger decisions and nobody else knows about it until it's done. So anyone at working level in Bayer Crop Science has pretty much nothing to do with the Monsanto deal.