Business & Operations - Aurora launched the first driverless commercial trucking operations on public roads in the U S, logging over 20,000 driverless miles by June 30, 2025[7] - The company validated night driverless operations, potentially more than doubling truck utilization[16] - Lane expansion plans are on track, with driverless operations expected between Fort Worth and El Paso, and further extension to Phoenix by year-end[21] - Hirschbach is leveraging Aurora's full network, with loads traveling from Houston to Dallas to El Paso and on to Phoenix[23] - Cumulative data through June 30, 2025 includes 3.3M+ commercial miles with nearly 100% on-time rate and zero Aurora Driver-attributed collisions[36] Technology & Development - FirstLight lidar enables the Aurora Driver to see over 450 meters in dark conditions[18] - The company is working to validate driverless operations in more challenging weather conditions[19] - The first vehicle build with the second generation commercial hardware kit is complete, with on-road data collection to begin soon[29] - Design of integrated sensor pods and the Aurora Driver compute module for the third generation commercial hardware kit has been finalized[31] Financials - As of June 30, 2025, cash and cash equivalents, and short-term investments totaled $1,309 million[39] - For the quarter ended June 30, 2025, revenue was $1 million, with a cost of revenue of $5 million[39]
Aurora Innovation(AUR) - 2025 Q2 - Earnings Call Presentation