Commercial Launch and Operations - Aurora is on track for a Commercial Launch in April 2025, with a focus on driverless trucks operating between Dallas and Houston[8] - Aurora plans to deploy up to 10 driverless trucks initially, using a phased approach to ensure a seamless product launch[15] - Pilot operations with DHL Supply Chain have commenced, marking the beginning of scaled autonomous transport[22] Autonomy and Technology Development - The Autonomy Readiness Measure (ARM) reached 99% as of January 2025, up from 97% in October 2024, indicating significant progress in safety case closure[9] - The company aims for an average of 90% in the Autonomy Performance Indicator (API) for commercial loads by launch, with 88% of fourth quarter loads achieving 100% API excluding early software issues[12] - A three-way partnership with NVIDIA and Continental was announced, enhancing Aurora's capabilities for scaling autonomous trucking operations[4] - The company is advancing its second generation commercial hardware kit, expected to significantly reduce hardware costs and support scaling to hundreds of millions of miles traveled autonomously[43] - Aurora's partnerships with OEMs and Tier 1 suppliers position it uniquely for large-scale deployment of autonomous trucking technology[38] Financial Performance and Projections - In Q4 2024, operating expenses totaled $199 million, with $142 million allocated to R&D and $22 million to SG&A, excluding $35 million in stock-based compensation[49] - The company ended fiscal 2024 with over $1.2 billion in cash and short-term investments, which is expected to support operations into the second half of 2026[51] - For 2025, the company anticipates quarterly cash use of $175 - $185 million, reflecting increased capital expenditures and development of new hardware programs[52] - Revenue recognition will begin at Commercial Launch, with expected 2025 revenue in the mid single-digit millions range, primarily from driverless operations[53] - The net loss for fiscal 2024 was $748 million, with a basic and diluted net loss per share of $0.46[60] - Total current assets increased to $1.254 billion in 2024 from $1.217 billion in 2023, while total liabilities rose to $263 million from $250 million[58] - The company reported a total operating expense of $786 million for fiscal 2024, down from $832 million in 2023[60] - Adjusted EBITDA for Q4 2024 was a loss of $158 million, compared to a loss of $155 million in Q4 2023[68] - Capital expenditures for fiscal 2024 totaled $34 million, with $8 million spent in Q4 2024[50] Cost Management and Efficiency - The Aurora Driver-powered trucks are achieving fuel efficiency that is 15% above the industry average, with potential reductions in fuel use and emissions by up to 32%[21] - The company plans to focus on cost reduction initiatives, including the introduction of next-generation hardware kits[53] - The company is actively engaging with regulatory bodies to modernize safety systems for autonomous trucks, despite a recent denial of a pilot application for a new warning system[33]

Delisting Approval - Auriant Mining AB applied for delisting of its shares from Nasdaq First North Growth Market on 17 January 2025, and Nasdaq has approved the application with the last day of trading set for 3 February 2025 [1] Company Overview - Auriant Mining AB is a Swedish junior mining company focused on gold exploration and production in Russia, primarily in the Republic of Tyva, Zabaikalye, and the Republic of Khakassia [1] - The company currently has four assets, including two operating mines (Tardan and Alluvial at Staroverinskaya), one early-stage exploration asset, and one development asset [1] Trading History - Auriant Mining's shares have been traded on Nasdaq First North Growth Market under the short name AUR since 19 July 2010 [2] Contact Information - For more information, contact Danilo Lange, CEO, at tel: +7 495 109 02 82 or e-mail: d.lange@auriant.com [1] - G&W Fondkommission is the Certified Adviser to Auriant, and more information can be found at www.gwkapital.se [2]

Auriant Mining AB (the “Company”) announced on 14 October 2024 its plan to apply for delisting of the Company’s shares upon expiration of three months from the date of the abovementioned announcement. In accordance with the plan, the Company has today applied for delisting from Nasdaq First North Growth Market. The last day of trading in the Company’s shares on Nasdaq First North Growth Market will be announced as soon as the Company has received this information from Nasdaq. For more information, please c ...

Company Overview - Auriant Mining AB (AUR) is a Swedish junior mining company focused on gold exploration and production in Russia, primarily in the Republic of Tyva, Zabaikalye, and the Republic of Khakassia [4] - The company currently has four assets, including two operating mines (Tardan and Alluvial at Staroverinskaya), one early-stage exploration asset, and one development asset [4] - Auriant Mining's shares have been traded on Nasdaq First North Premier Growth Market under the short name AUR since July 19, 2010 [6] Subsoil Use License Issues - The Commission on revocation of subsoil use rights at Rosnedra has considered revoking subsoil use licenses of the company's subsidiaries, LLC "Tardan Gold" and LLC "GRE-324" [5] - LLC "Tardan Gold" has been given 12 months to rectify violations related to failures to reach production volumes and deficiencies in reporting for the license number KZL 00322 BR (the Tardan deposit) [5] - LLC "Tardan Gold" has been given 3 months to rectify violations related to deficiencies in reporting for the license number KZL 00367 BR (the Greater Tardan area) [5] - LLC "GRE-324" has been given 12 months to rectify violations related to failures to reach production volumes, non-submission of exploration results for state expert review, and non-filing of geological reports to state funds for the license number CHIT 12355 BR (Staroverinskaya area) [3] Potential Consequences - If the violations are not rectified within the specified time periods, the Commission may revoke the subsoil use rights under the licenses upon expiration of the time periods [1] - Revocation of a subsoil use license would mean that all gold production and exploration activities under such license would have to be stopped [1] - The subsidiaries are working on rectifying the violations to prevent revocation of their subsoil use rights [1]

Core Insights - Aurora Innovation's stock price surged nearly 30% following a partnership announcement with Nvidia and Continental to scale up driverless truck deployment, utilizing Nvidia's DRIVE Thor SoC and DriveOS for its autonomous driving system [1] - The demand for self-driving technology is increasing, with competitors like Waymo already achieving 150,000 weekly paid rides, indicating a growing market for autonomous vehicles [1] - Aurora's partnerships with Volvo and PACCAR aim to develop and commercialize autonomous trucks, addressing long-term issues such as driver shortages and freight efficiency [1] Company Overview - Aurora was founded by experts from leading companies in the autonomous vehicle sector, including Chris Urmson from Waymo, Sterling Anderson from Tesla, and Drew Bagnell from Uber, bringing significant industry experience [2] - The company is currently in the testing phase for its self-driving technology and has a limited revenue stream, primarily from collaborations, with expectations to earn revenue on a fee-per-mile basis [3] Financial Performance - Aurora has reported operating losses ranging from $730 million to $850 million in recent years, indicating significant investment in technology development [3] - The stock has shown volatility, with annual returns of 13% in 2021, -89% in 2022, 261% in 2023, and 44% in 2024, outperforming the S&P 500 index, which rose 25% in the same period [3] Market Position - Despite mixed growth, Aurora's stock has increased by 91% since the beginning of 2024, highlighting its potential in the autonomous driving market [3] - Comparisons with peers, such as Google, provide insights into Aurora's performance metrics and market standing [4]

Core Insights - Aurora Innovation's shares surged over 35% following the announcement of a partnership with Nvidia and Continental to develop self-driving trucks [2][5] - The collaboration aims to create the necessary software and hardware for the operation of driverless trucks, with Continental set to begin manufacturing equipment by 2027 [2][5] - Aurora is in the final stages of validating its Aurora Driver system for road use without a driver, which is expected to be applicable for both passenger vehicles and semi-trucks [3] Company Developments - Aurora's CEO, Chris Urmson, emphasized the significance of deploying thousands of driverless trucks, stating that Nvidia's leadership in accelerated computing will enhance their ecosystem and delivery capabilities [3] - Nvidia also announced separate partnerships with Toyota and Uber for driver assistance and self-driving software, indicating a broader strategy in the autonomous vehicle sector [4][5] - Despite Aurora's stock increase, Nvidia's shares fell approximately 5% on the same day, while Uber's shares remained stable [4]

Dara Khosrowshahi is resigning from the board of autonomous vehicle technology company Aurora Innovation, citing a desire to focus on his ongoing responsibilities as CEO of Uber and reduce external board commitments, according to a Friday regulatory filing.Khosrowshahi’s resignation was effective as of Tuesday. Aurora says Khosrowshahi’s decision to leave the board was not the result of any disagreement with the company.  The Uber chief executive and Aurora Innovation go way back. In 2020, Uber offloaded i ...

Auriant Mining AB (the “Company”) has been informed by the Exchange that its shares (AUR, ISIN code SE0001337213) will be moved from the First North Premier Segment to Nasdaq First North Growth Market. The segment change will become effective at market open on Thursday, 2 January 2025. The reason for the change is that the Company’s average market capitalization is below the 10 MEUR threshold, required for listing at the First North Premier Segment. The Company confirms its plan to apply for delisting of t ...

Company Overview - Aurora Innovation Inc is a $14 billion tech company headquartered in Pittsburgh, focusing on next-generation self-driving technology, particularly autonomous trucks for commercial use [2] - The company is pre-revenue, with investors focusing on its long-term potential rather than backward-looking metrics [3] - Aurora's shares have gained nearly 300% since June 2023, with a 14% jump in a recent Monday session making it one of the day's top performers [1] Recent Performance and Growth Prospects - Aurora is on the brink of a new era in mobility and logistics, with a new key customer and nearly $500 million added to its balance sheet [4] - The company has logged over two million supervised miles and plans to deploy tens of driverless trucks by late 2025 [6] - Aurora's gross margins could exceed 50% by 2031, with minimal annual capex, supported by an exclusive partnership with Continental for scaling production starting in 2027 [7] Market and Analyst Sentiment - Cantor Fitzgerald initiated coverage with an Overweight rating and a $10 price target, projecting a 25% upside from Monday's close [5] - Aurora's Relative Strength Index (RSI) is at 64, indicating bullish momentum without being overbought [10] - Despite the bullish outlook, many analysts maintain a cautious approach, with a general consensus of Hold and Sell ratings, awaiting more evidence of Aurora's potential [9] Industry Context - Aurora is operating in a $1 trillion U.S. trucking market and a $4 trillion global market, with favorable U.S. regulations, particularly in key states like Texas [7] - The broader risk-on sentiment and a dovish Fed are creating a favorable environment for growth stocks like Aurora [11]

Aurora Business Update | Third Quarter 2024 世 October 30, 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 our ability to achieve certain milestones around, and realize the potential bene ...