Autonomous technology
Search documents
Redwire Announces Contract to Deliver Uncrewed Aerial Systems to Croation Border Patrol
Businesswire· 2025-11-12 12:30
Nov 12, 2025 7:30 AM Eastern Standard Time Redwire Announces Contract to Deliver Uncrewed Aerial Systems to Croation Border Patrol Share JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a global leader in space and defense technology solutions, today announced that its wholly owned subsidiary, Edge Autonomy, has been contracted to deliver its Penguin C VTOL uncrewed aerial systems (UAS) and Octopus gimbal cameral payloads to the Croatian Border Patrol. Funded under the European Border a ...
Uber, Lyft, and DoorDash say self-driving tech is the future — and they'll need to spend big to make it happen
Yahoo Finance· 2025-11-09 18:25
Core Insights - The rollout of self-driving robotaxis and delivery robots in the U.S. requires substantial investment from companies like Uber, Lyft, and DoorDash [1][7] Company Summaries - DoorDash plans to increase its investment in autonomous delivery technology by "several hundred million dollars more" than previously planned for 2026, including the deployment of its Dot delivery robot [2][3] - DoorDash's stock experienced a significant decline of 17% following the announcement of its spending plan, marking the largest one-day drop in its history [3] - Lyft is investing between $10 million and $15 million to build a depot in Nashville for servicing and storing self-driving cars, emphasizing the need for physical infrastructure to support autonomous operations [4] - Uber's CEO stated that self-driving cars are currently a money-losing venture, but the company plans to invest in expanding driverless car availability to increase rider demand over time [5][6]
China EV Heat Check: Nio, Li Auto, XPeng on Fire China EV Heat Check: Nio, Li Auto, XPeng on Fire - Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO), Roundhill ETF Trust Roundhill Hum
Benzinga· 2025-11-01 19:28
Core Insights - China's electric vehicle (EV) manufacturers, including Nio, Li Auto, and XPeng, reported record deliveries in October, indicating strong demand and competitive growth in the EV market [1] Nio - Nio achieved a record delivery of 40,397 vehicles in October, marking a 92.6% increase year over year [2] - Cumulative deliveries reached 913,182 vehicles by October 31, with the ONVO L90 model being a significant contributor, surpassing 10,000 units for three consecutive months [3] - Nio's stock has increased over 42% in the past year [4] Li Auto - Li Auto reported 31,767 deliveries in October, bringing total lifetime deliveries to 1,462,788 vehicles [5] - The Li i6 model has received over 70,000 orders since its launch, with efforts to ramp up deliveries to meet demand [5] - Li Auto opened its first authorized store in Uzbekistan and plans to expand into Kazakhstan, focusing on growth in Central Asia, the Middle East, Europe, and the Asia-Pacific [5][6] - Li Auto operates 551 retail locations and 3,508 fast-charging stations across China, but its stock has decreased over 16% in the past year [6] XPeng - XPeng recorded 42,013 deliveries in October, a 76% increase year over year, marking the second consecutive month with deliveries above 40,000 [7][8] - Total shipments for the first ten months of 2025 reached 355,209 units, reflecting a 190% year-over-year increase [8] - XPeng is expanding its global presence, entering seven new markets in Europe, Asia, and Africa, and reported strong usage of its advanced driver-assistance system, XNGP [8] - XPeng's stock has surged over 103% in the past year, and the company is set to host its annual AI Day on November 5 to discuss advancements in autonomous technology [9]
Critical Infrastructure Technologies to Commence Trading on the OTCQB Venture Market and Engages Native Ads to Expand U.S. Investor Awareness
Thenewswire· 2025-10-31 13:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has commenced trading on the OTCQB Venture Market in the U.S. under the symbol CITLF, marking a significant milestone for the company [2][5] - The OTCQB listing enhances visibility, liquidity, and access to U.S. investors, allowing them to trade CiTech shares in U.S. dollars [5][7] - CiTech has partnered with Native Ads, Inc. to improve brand awareness and market reach across North America, focusing on investor marketing [4][7] Company Overview - CiTech is a developer of autonomous, high-capacity mobile communications and security platforms, targeting sectors such as mining, defense, border security, and emergency services [10] - The company's first product, the Nexus 16, aims to provide critical mobile telecommunications using patented self-deploying platform (SDP) technology [10] - CiTech has completed the research and development phase and is currently commercializing its first product, with plans for further releases [10] Market Strategy - The listing on the OTCQB complements CiTech's broader North American strategy, aimed at expanding its global investor base [5][7] - Native Ads will implement a comprehensive digital media and distribution campaign to enhance investor understanding of CiTech's technology and growth strategy [7][8] - The OTCQB Venture Market is recognized for its commitment to transparency and high governance standards, which aligns with CiTech's objectives [3][8]
Critical Infrastructure Technologies Ltd. Selected to Join Team Defence Australia Delegation for Ausa 2025 in Washington, D.C.
Thenewswire· 2025-10-08 13:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has been selected as a Rover within the Team Defence Australia delegation for the AUSA Annual Meeting and Exposition 2025, taking place from October 13 to 15, 2025, in Washington, D.C. [1][4] Company Overview - CiTech is a developer of autonomous, high-capacity mobile communications and security platforms, targeting sectors such as mining, defence, border security, and emergency services with its first product, the Nexus 16 [6]. - The Nexus 16 aims to provide critical mobile telecommunications using patented technologies, addressing limitations of current deployable communication solutions [6]. Industry Engagement - Participation in the AUSA event allows CiTech to engage with international defence stakeholders, strengthen global partnerships, and showcase its Nexus platform, which supports mission-critical communications and situational awareness [3][4]. - AUSA 2025 is expected to host over 30,000 participants, including senior military officials and key defence contractors, highlighting the significance of CiTech's involvement in promoting Australian innovation on a global stage [4].
The Fed Cut Rates — What This Means for Tesla Stock
Yahoo Finance· 2025-10-04 14:22
Group 1 - The Federal Reserve's recent rate cut of 0.25 percentage points is expected to improve borrowing conditions and liquidity, which has positively impacted investor sentiment towards Tesla [1][4] - Tesla's stock has experienced a significant rally of approximately 27% over the past month, following a year of volatility influenced by political controversies and demand fluctuations [2][6] - Historically, Tesla has shown a median gain of 43% in the three months following a Fed rate cut, indicating a strong correlation between monetary easing and improved sales and investor enthusiasm for the company [5] Group 2 - Lower interest rates are anticipated to enhance consumer spending, potentially leading to increased leasing or purchasing of Tesla vehicles, thereby driving higher sales volumes [4][5] - The Fed's rate cut is expected to allow Tesla to focus on capturing new technology-driven markets, with predictions of further rate cuts later this year that could further benefit the company's stock [8] - Tesla's chair, Robyn Denholm, has emphasized that Elon Musk's political activities do not impact the company's operations, which may help alleviate investor concerns and reinforce confidence in Tesla's strategic direction [7]
Last Chance for EV Incentives? Tesla's Stock Surges as Buyers Rush In
International Business Times· 2025-10-02 22:53
Core Insights - Tesla delivered 497,099 vehicles in Q3 2025, surpassing Wall Street's forecast of 447,600, driven by a rush to utilize the $7,500 federal EV tax credit before its expiration [1][2] - The expiration of the tax credit is expected to lead to a temporary slowdown in sales as consumers adjust to higher prices [7][10] - Tesla's stock rose over 2% following the delivery report, indicating renewed investor confidence [4][11] Delivery Performance - The Q3 delivery figure of 497,099 units was significantly higher than the anticipated range of 447,000 to 509,000 units, reflecting a strong pull-forward demand due to the expiring tax credit [1][5] - Despite the strong quarter, deliveries were slightly below the 462,890 units delivered in the same quarter last year, indicating ongoing challenges [6] Market Dynamics - The expiration of the federal EV tax credit marks a significant shift in the US electric vehicle market, impacting Tesla's pricing strategy and competitive positioning [7][11] - In China, Tesla experienced strong sales momentum, while European sales lagged due to an aging vehicle lineup and political controversies surrounding CEO Elon Musk [9] Future Outlook - Analysts project Tesla's full-year 2025 deliveries to reach approximately 1.85 million units, with expectations for a more subdued Q4 as competition intensifies and the tax credit boost is no longer available [10] - The transition to a post-subsidy market will test Tesla's brand loyalty and technological edge, raising questions about the company's long-term growth sustainability [11][12]
Critical Infrastructure Technologies Ltd. Advances Production of Nexus Platforms Following Australian Government Grant Success
Thenewswire· 2025-09-23 13:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has commenced steel fabrication for the first three Nexus platforms following a successful Australian Government Grant application [1][4] - Production timelines indicate that Nexus 1 and 2 will be delivered within 10 weeks, while Nexus 3 is expected by the end of January 2026 [2] - The company plans to demonstrate the Nexus platform's capabilities in various sectors including mining, defence, emergency services, and critical infrastructure [2][4] Production and Delivery - Nexus 1 and 2 are expected to arrive at the production facility within 10 weeks, while Nexus 3 will be delivered by the end of January 2026 [2] - After delivery, each platform will undergo final fit-out, with completion anticipated within 4–6 weeks [2] Future Production Plans - Production for Nexus 4 and 5 is set to begin in November 2025, with one unit designated for shipment to Poland for final fit-out [3] - A European product roadshow is planned for March/April 2026 to engage stakeholders in defence, government, and industry across the EU [3] Strategic Engagements - Upcoming demonstrations in Australia will showcase the Nexus platform's versatility and capabilities [2][4] - The platform is designed to provide innovative solutions for sectors such as defence, border security, surveillance, emergency services, and mining [4][5] Company Overview - CiTech is focused on creating autonomous, high-capacity, rapidly deployable technology for essential services [5] - The company's first product, Nexus 16, aims to deliver critical mobile telecommunications solutions [5] - CiTech's self-deploying platform (SDP) addresses limitations of current communication solutions, supporting various technological payloads [5]
A $5 Billion Reason to Buy Intel Stock Here
Yahoo Finance· 2025-09-21 12:00
Core Insights - Nvidia announced a $5 billion stock purchase of Intel at $23.28 per share, prompting renewed interest in Intel [1] - Intel's stock surged nearly 23% on September 18, reaching a new 52-week high as it attempts to recover from setbacks in the AI sector [2] Company Overview - Intel, headquartered in Santa Clara, California, specializes in microprocessors and chip technologies for various devices, including personal computers and data centers [3] - The company has a market capitalization of $133.80 billion [5] Recent Developments - Intel is expanding its manufacturing capabilities with a $20 billion investment in two new chip factories in Ohio, although the project has been delayed to 2031 [4] - The company is focusing on emerging technologies such as AI, 5G, and autonomous technology to enhance its product offerings [5] Financial Performance - Intel's stock has increased by 39.7% over the past 52 weeks and 47.3% year-to-date, with a recent high of $32.38 on September 18 [6] - The company's Q2 fiscal 2025 revenue was flat year-over-year at $12.86 billion, exceeding Wall Street's expectations of $11.87 billion [7] - Intel's price-to-sales (P/S) ratio is 2.49, lower than the industry average of 3.65 [6]
Lyft shares surge on Waymo partnership for autonomous ride-hailing in Nashville
Proactiveinvestors NA· 2025-09-17 14:37
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]