Articles from Aurora

Aurora (NASDAQAUR), Continental, and NVIDIA today announced a long-term strategic partnership to deploy driverless trucks at scale, powered by the next-generation NVIDIA DRIVE Thor system-on-a-chip (SoC). NVIDIA’s DRIVE Thor and DriveOS will be integrated into the Aurora Driver, an SAE L4 autonomous driving system that Continental plans to mass-manufacture in 2027.

TÜV SÜD, a global leader in testing, inspection, and certification, recently completed a Safety Management System audit of Aurora (NASDAQAUR), the autonomous trucking company. The audit concluded that the company is proactive, responsible, and thorough in its safety approach.

Volvo Autonomous Solutions (V.A.S.) today unveiled Volvo’s first-ever production ready autonomous truck at the ACT Expo in Las Vegas. The Volvo VNL Autonomous brings together Volvo’s commercial vehicle expertise with industry-leading autonomous driving technology from Aurora Innovation (NASDAQAUR). The result is a purpose-designed and purpose-built autonomous truck that will be the key enabler to increasing freight capacity across the United States.

Aurora Innovation, Inc. (Nasdaq: AUR) today announced the pricing of its underwritten public offering of 73,333,333 shares of its Class A common stock at $3.00 per share. All of the securities are to be sold by Aurora. In addition, Aurora has granted the underwriters a 30-day option to purchase up to an additional 10,999,999 shares of its Class A common stock at the public offering price, less the underwriting discounts and commissions. Before deducting the underwriting discounts and commissions and estimated offering expenses, Aurora expects to receive gross proceeds of approximately $220 million from the public offering, assuming no exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on or about July 21, 2023, subject to satisfaction of customary closing conditions.

Uber Freight, a leading logistics platform and partner for shippers and carriers, and Aurora Innovation (NASDAQAUR), a leading autonomous vehicle company, have announced the expansion of their autonomous pilot with a new commercial lane between Fort Worth and El Paso. The 600-mile lane across Texas launched in October and is supporting Uber Freight customers as they prepare for the 2022 holiday season.

The self-driving company Aurora Innovation, Inc. (NASDAQAUR) today announced that CEO Chris Urmson will participate in a fireside chat at the Bernstein 38th Annual Strategic Decisions Conference on June 1, 2022 at 4:30 p.m. EDT.

The self-driving company Aurora (NASDAQAUR) today announced that it will release fourth quarter and full year 2021 results after market close on February 16, 2022 and will host a business review conference call at 5:00 p.m. Eastern Time. The conference call will be webcast on Aurora’s investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days following the call.

The self-driving company Aurora (NASDAQAUR) is building a product that will save lives, increase access to transportation, and bring much-needed relief and support to supply chains. Aurora’s path to commercial launch is designed to develop the Aurora Driver specifically in conditions that are commercially relevant for its customers. Through early investment in foundational technology and strategic programs that accelerate progress, Aurora is building the industry’s first autonomous trucking and ride-hailing business at scale.

The self-driving company Aurora (NASDAQAUR) today announced the appointment of Claire Hughes Johnson to Aurora’s Board of Directors. Johnson brings more than 15 years of experience in evolving businesses for scale and delivering enterprise-ready products at leading companies including Stripe and Google.

The self-driving company Aurora (NASDAQAUR) today announced that CEO Chris Urmson will participate in The Future of Mobility virtual panel at the Morgan Stanley 8th Annual Auto 2.0 Conference on January 5, 2022 at 2:15 p.m. ET.

The self-driving company Aurora, which recently went public and is now listed on the NASDAQ under the ticker $AUR, is expanding its finance team, strengthening its ability to deliver its self-driving technology at commercial scale. Today, the company is announcing the appointment of Richard Tame as the company’s Chief Financial Officer (CFO). Tame, who most recently served as Aurora’s VP of Finance, brings more than two decades of experience in public accounting and leading finance teams at high-growth companies including Lyft, Facebook, Microsoft, and Amazon.

Self-driving technology company Aurora today announced it has completed its business combination with Reinvent Technology Partners Y, a special purpose acquisition company. The business combination was approved by Reinvent Technology Partners stockholders in a special meeting held on November 2, 2021 and formally closed on November 3, 2021. Aurora’s Class A common stock and warrants will begin trading tomorrow on the Nasdaq under the ticker symbol "AUR” and “AUROW,” respectively.

Autonomous driving company Aurora has released its first commercial beta of the Aurora Driver, which consists of the hardware, software, and data services needed to safely operate an autonomous Aurora-powered vehicle. Aurora Driver Beta is currently hauling loads between Dallas and Houston, TX, in a commercial pilot of Aurora Horizon, a suite of subscription services that help carriers and fleet owners move goods more safely and efficiently.

Self-driving company Aurora announced the launch of its Industry Advisory Council, a group of advisors made up of transportation and logistics visionaries, academics, and government leaders. With decades of collective experience across trucking, transportation, and government, the Council will offer its expertise as Aurora develops and commercializes its self-driving technology. Specifically, the Council will advise on the company’s product offerings and go-to-market and regulatory strategies to help deliver value to all stakeholders in the logistics and transportation ecosystem across drivers, fleet owners, and local and federal governments.

Through its cutting-edge technology and industry-leading partnerships, self-driving company Aurora is building a generational business that aims to transform how goods and people move through the world. In 2021 alone, the company has made major advancements toward delivering its vision for how self-driving technology comes to market.

Aurora, the self-driving company that’s planning to launch autonomous trucking and ride-hailing businesses, is sharing more about its cutting-edge technology and business at events throughout the next few weeks. The company – which plans to merge with the special purpose acquisition company (SPAC) Reinvent Technology Partners Y (NASDAQRTPY) – expects to be listed on Nasdaq with the ticker symbol AUR on November 4.

The self-driving company Aurora is welcoming freight and trucking safety expert Karen Rasmussen to its Safety Advisory Board, further strengthening its steadfast commitment to delivering its technology to market safely.

Today, Aurora revealed the first details of its product offering, Aurora Horizon and Aurora Connect. When Aurora launches its trucking business in late 2023 and its ride-hailing business a year later, carriers, fleets, and ride-hailing networks will operate Aurora-powered trucks with products through a Driver-as-a-Service subscription.

Following Aurora Illuminated Investor & Analyst Days, leadership of self-driving company Aurora will speak at several industry events this week. The company – which announced earlier this summer its plans to merge with the special purpose acquisition company (SPAC) Reinvent Technology Partners Y (NASDAQRTPY) – expects to be listed on Nasdaq with the ticker symbol AUR before the end of the year.

Following its recent Aurora Illuminated Investor & Analyst Days, the self-driving company Aurora continues to share more about its cutting-edge technology and business model as Aurora executives speak at events throughout the country. The company – which announced earlier this summer its plans to merge with the special purpose acquisition company (SPAC) Reinvent Technology Partners Y (NASDAQRTPY) – expects to be listed on Nasdaq with the ticker symbol AUR before the end of the year.

Self-driving company Aurora hosted Aurora Illuminated, an immersive experience this week for investors and analysts, showcasing the company’s progress, technical expertise, and path to commercialization. Held at the company’s South Dallas Terminal in Palmer, Texas, attendees saw how the Aurora Driver operates in the real world as they rode autonomously along Interstate 45, a major freight corridor, in Aurora’s autonomous trucks. (You can experience Aurora Illuminated here and view event videos and photos here.)

Headline of release should read: Introducing the Toyota Sienna, Powered by the Aurora Driver and Built for Ride-Hailing (instead of Aurora Unveils the Toyota Sienna, Powered by the Aurora Driver and Built for Ride-Hailing).

Today, Aurora shared the first look of the Toyota Sienna powered by the Aurora Driver, designed for a convenient and comfortable ride-hailing experience. This represents a significant milestone in Aurora’s path to commercializing Aurora-powered Toyota vehicles designed specifically for ride-hailing.

Today, Aurora shared the first look at the Aurora-powered Volvo VNL—Volvo’s flagship long-haul truck, integrated with the Aurora Driver’s sensor suite. This prototype is the first of the Volvo VNL fleet to be designed to operate with the Aurora Driver and represents a significant step as Aurora and Volvo begin building commercial L4 Class 8 trucks at scale for Volvo’s North American customers.

Through the experience of integrating the Aurora Driver with eight different platforms and learning from half a dozen OEMs in the process, Aurora has developed a highly refined Driver-vehicle interface and the Aurora Driver Development program, a mature vehicle development, validation, and launch program.

Today the self-driving company Aurora announced it will continue to expand its presence in Pittsburgh, naming the city as its official corporate headquarters.

Today, Aurora met a critical milestone in its path to commercialization by announcing the development of its next generation of hardware. Aurora’s next generation of hardware will debut in commercial pilots this year and lay the foundation for the launch of the company’s trucking and ride-hailing businesses in 2023 and 2024, respectively. With more powerful sensors condensed into a sleek, modular, automotive-grade rack and a new powerhouse computer, Aurora’s hardware is feature-complete and primed to deliver a safer, more reliable Aurora Driver at a commercial scale.

Today, Aurora, the self-driving company, released its initial version of the Aurora Safety Case Framework — the first self-driving Safety Case Framework that applies to both autonomous trucks and passenger vehicles. The safety case-based approach is a defined way to evaluate when its vehicles are safe enough to operate on public roads and to assess that they are not creating an unreasonable risk to motor vehicle safety.