Aurora Innovation(AUR)
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Self-driving truck startup Aurora Innovation to sell up to $420M in shares ahead of commercial launch
TechCrunch· 2024-08-01 16:34
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024. Aurora, which went public in 2021 through a special purpose acquisition merger, is pursuing a driver-as-a-service model, wherein carriers purchase trucks with the Aurora Driver tech on board and then offer their services via those trucks to shippers. But the company is planning to go to market as a carrier, offering up to 20 a ...
Aurora Innovation(AUR) - 2024 Q2 - Earnings Call Presentation
2024-07-31 21:08
Aurora , and UTONOMOUS Business Update | Second Quarter 2024 July 31, 2024 Cautionary statement regarding forward-looking statements This presentation contains certain forward-looking statements within the meaning of the federal securities laws. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward-looking statements, including but not limited to, those statements around the benefits of integrating artificial intelligence into our product ...
Aurora Innovation(AUR) - 2024 Q2 - Quarterly Report
2024-07-31 20:16
Table of Contents ____________________________ ____________________________ ____________________________ ____________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commis ...
Aurora Innovation(AUR) - 2024 Q2 - Quarterly Results
2024-07-31 20:13
Aurora a all July 31, 2024 Exhibit 99.1 Second Quarter 2024 Shareholder Letter A letter to shareholders Fueled by customer excitement for the Aurora Driver, we made great commercial progress during the second quarter. We announced another launch customer and now have a meaningful portion of our expected 2025 capacity contracted as we execute toward our planned Commercial Launch at the end of the year. The self-driving industry is at a turning point and we believe Aurora is best positioned with our responsib ...
3 Robotaxi Stocks Offering Early Investors Get-Rich Potential
Investor Place· 2024-07-12 10:49
Robotaxis have reportedly become very successful in the Chinese city of Wuhan, and the country is clearly moving towards allowing the phenomenon to become widespread in many of its cities. China’s two largest cities — Beijing and Shanghai — are paving the way for robotaxis to operate legally within their borders. These developments have lit a fire recently under the stocks of several China- and U.S.-based companies that could benefit from the proliferation of robotaxis. And over the longer term, the success ...
3 Autonomous Driving Stocks That Can Steer You to Riches
Investor Place· 2024-07-09 10:00
While the concept of self-driving vehicles was once the exclusive domain of science fiction, increasingly, this paradigm could become a reality. If so, you’re going to want to at least consider acquiring some autonomous driving stocks now. Sure, the space is incredibly risky and so it’s not prudent to go all in. Nevertheless, some cautious exposure could turn out to be lucrative.For one thing, we must talk about the upside prospect. According to Precedence Research, the global autonomous vehicle market reac ...
Uber Freight and Aurora to Democratize Driverless Trucks for Carriers of All Sizes
Newsfilter· 2024-06-25 11:00
DALLAS, June 25, 2024 (GLOBE NEWSWIRE) -- Uber Freight and Aurora Innovation (NASDAQ:AUR) are launching Premier Autonomy, a new program providing early access to over 1 billion of Aurora's driverless miles to Uber Freight carriers through 2030. The program is the latest in their longstanding partnership to integrate and deploy autonomous trucks on the Uber Freight network to enable carriers of all sizes to improve utilization and enhance business efficiency through autonomous technology. Additionally, Uber ...
Penny Stocks That Insiders Are Loading Up On: 3 Names to Watch Closely
Investor Place· 2024-06-05 10:15
Penny stocks are risky. That’s why we attach a warning to the tail-end of penny stock articles. It’s also why the SEC warns of their dangers.“Penny stocks may trade infrequently — which means that it may be difficult to sell penny stock shares once you have them. Because it may also be difficult to find quotations for penny stocks, they may be impossible to accurately price. Investors in penny stock should be prepared for the possibility that they may lose their whole investment.”In short, pay close attenti ...
The Hidden Gem Hit List: 3 Under-the-Radar Stocks to Buy Before Wall Street Wises Up
Investor Place· 2024-06-03 10:00
With the advancement of the Internet, you might think under-the-radar stocks might be an obsolete concept. In a way, that’s true. Combined with social media, it’s difficult for any truly viable enterprise to not be talked about.However, it’s more than possible that Wall Street analysts fail to give compelling companies their fair share of the spotlight. For this article, I’m going to focus on consensus hold ratings. The experts are pensive on these under-the-radar stocks. Here’s why that might be a mistake. ...
The Volvo VNL Autonomous – Proving the Way Forward
Newsfilter· 2024-05-21 01:10
Greensboro, N.C., May 20, 2024 (GLOBE NEWSWIRE) -- Volvo Autonomous Solutions (V.A.S.) today unveiled Volvo's first-ever production ready autonomous truck at the Advanced Clean Transporation (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 (NASDAQ:AUR). The result is a purpose-designed and purpose-built autonomous truck that will be the key enabler to increasing freight capacity a ...