Driverless trucks are coming to the road before fully self-driving Teslas, with autonomous semis arriving in Texas later this year [Fortune]
Aurora Innovation, Inc. - Class A (AUR)
Company Research
Source: Fortune
A quarter-mile ahead, the truck's sensors spotted a trash can blocking one lane and a tire in another. In less than a second, it signaled, moved into the unobstructed lane and rumbled past the obstacles. The self-driving semi, outfitted with 25 laser, radar and camera sensors, is owned by Pittsburgh-based Aurora Innovation. Late this year, Aurora plans to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks. Within three or four years, Aurora and its competitors expect to put thousands such self-driving trucks on America's public freeways. The goal is for the trucks, which can run nearly around the clock without any breaks, to speed the flow of goods, accelerating delivery times and perhaps lowering costs. They'll travel short distances on secondary roads, too. The companies say the autonomous trucks will save on fuel, too, because they don't have to stop and will drive at more consistent speeds. The image of a fully loaded, 80
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AUR
Analyst Actions
- 3/15/24 - Canaccord Genuity
AUR
Sec Filings
- 5/16/24 - Form 4
- 5/15/24 - Form 144
- 5/15/24 - Form 144
- AUR's page on the SEC website