Latest news with #AuroraDriver
Yahoo
02-08-2025
- Business
- Yahoo
Aurora Innovation (AUR) To Release its FQ2 2025 Earnings On July 30
Aurora Innovation, Inc. (NASDAQ:AUR) is one of the Best Tech Stocks to Buy Under $20. On July 9, Aurora Innovation, Inc. (NASDAQ:AUR) announced its fiscal second quarter 2025 earnings release date. The company will hold its earnings call on July 30, 2025. The company released important updates during the fiscal first quarter of 2025, noting that it has closed all remaining software and vehicle claims, achieving ARM 100%, meaning that its AI for driverless operations has been validated and approved. Management noted that two driverless trucks run daily between Dallas and Houston, highlighting that they have completed over 4,000 fully driverless miles. The company expects more customers to join in the coming months, with tens of trucks on the road by the end of 2025. A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle. Management of Aurora Innovation, Inc. (NASDAQ:AUR) noted that although they started recognizing pilot revenue in Q1, they have only started recognizing broader revenue linked to their commercial driverless operations starting Q2 2025. This revenue will be available as the company reports its second-quarter results. The company ended the fiscal first quarter with $1.2 billion in cash and short-term investments, and management expects this gives the company a smooth runway to fund operations through Q4 2026. Aurora Innovation, Inc. (NASDAQ:AUR) is a tech company that develops the Aurora Driver, an advanced self-driving system designed to operate various vehicle types. While we acknowledge the potential of AUR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
New York Post
31-07-2025
- Automotive
- New York Post
Robo trucks take major step forward for tech in Texas
Self-driving tractor trailers are rumbling down Texas highways to haul cargo at night — a major step forward for the technology. The autonomous 18-wheelers — which still carry a driver behind the wheel — have been making the roughly four-trip between Dallas and Houston to transport food and dairy products, the Wall Street Journal reported. Aurora Innovation, a startup, said it was able to achieve driverless trucking after dark because of its LiDAR system, which casts laser beams to see items in 3D and measure the distance to those objects. 3 A self-driving tractor trailer on a test track in Pittsburgh in March 2024. AP The system used in the Aurora Driver is able to identify objects in the dark as far away as the length of three football fields, the company said Wednesday. That allows the trucks to spot pedestrians, other vehicles and debris on the road about 11 seconds quicker than a human driver. The technology is a crucial component of self-driving cars from brands like Mercedes-Benz, BMW and Volvo, as well as Waymo robotaxis, which have been operating around the clock in busy cities like San Francisco and Los Angeles for years. Until recently, autonomous trucks have only operated on roads while it's light out with good weather, fearful of risks that could arise amid more complex driving conditions. But operators of the robo-trucks claim the LIDAR system is more reliable than human drivers, who could be sleepy and distracted behind the wheel after cross-country routes. The nighttime capabilities are quite an accomplishment since 'it's even harder than it is during the daytime to be able to disambiguate, say, a person versus a piece of tire on a freeway,' Aurora CEO and co-founder Chris Urmson told the Journal. Critics have argued that autonomous trucks come with steep risks, such as handling traffic, bad weather and unexpected blockages in the road. 'Maybe they are good for less populated areas,' truck driver Troy Turnham told the Journal. 3 Aurora Innovation said it reached a new milestone with its LiDAR system. AP 'I'm not sure I would trust being around them when a severe storm hits, nor in the winter.' Kodiak Robotics has also started operating driverless trucks at night in parts of West Texas and Eastern New Mexico. Five of these trucks operate on leased roads, not highways, without drivers on board to deliver loads of sand for use in fracking. The company also operates trucks in Dallas, Houston, Atlanta and Oklahoma City, but these vehicles have drivers on board at night. Several tests were performed before the trucks were permitted to drive at night, including test-runs with mannequins on a track. The use of the Aurora Driver has grown rapidly, completing more than 20,000 miles since it started on public roads in May across three trucks. 3 The interior of the cab of a self-driving Aurora truck. AP Now the company is testing a system between Phoenix and Fort Worth – a 16-hour route that usually requires two drivers. There are federal laws in place to regulate how much time long-haul truckers can spend on the road, placing a maximum of 11 hours behind the wheel in a 14-hour period followed by a mandatory 10-hour break. But proponents argue this could all change with autonomous trucks – allowing human drivers to take on shorter, less strenuous routes while self-driving trucks handle the long hauls, according to Richard Stocking, chief executive of Hirshback Motor Lines in Iowa. Using autonomous trucks for these less attractive routes could win over younger workers who want more of a work-life balance with more predictable schedules, he added. Human drivers could go home more often, 'if not daily, several times a week,' Stocking said.
Business Wire
30-07-2025
- Automotive
- Business Wire
Aurora Begins Driverless Operations at Night and Opens Phoenix Terminal
PITTSBURGH--(BUSINESS WIRE)--Aurora Innovation, Inc. (NASDAQ: AUR), the leader in self-driving trucks, today announced a significant expansion of its commercial operations, including surpassing 20,000 driverless miles at the end of June, recently growing its driverless fleet to three trucks, beginning driverless commercial operations at night, and opening its Phoenix terminal. Aurora has expanded driverless operations on the Dallas-to-Houston lane to now include nighttime driving. Share 'Efficiency, uptime, and reliability are important for our customers, and Aurora is showing we can deliver,' said Chris Urmson, co-founder and CEO of Aurora. 'Just three months after launch, we're running driverless operations day and night and we've expanded our terminal network to Phoenix. Our rapid progress is beginning to unlock the full value of self-driving trucks for our customers, which has the potential to transform the trillion-dollar trucking industry.' Delivering Increased Value with Day and Night Commercial Operations Aurora has expanded driverless operations on the Dallas-to-Houston lane to now include nighttime driving. This capability more than doubles truck utilization potential, significantly shortening delivery times on long-haul routes and creating a path to profitability for autonomous trucking. Autonomous trucks can also make roads safer. Due to low visibility and driver fatigue, a disproportionate 37% of fatal crashes involving large trucks occur at night. The Aurora Driver reliably sees and understands the world around it day and night without ever getting tired. Powered by Aurora's proprietary, long-range FirstLight Lidar, the Aurora Driver can detect objects in the dark more than 450 meters away, identifying pedestrians, vehicles, and debris up to 11-seconds sooner than a traditional driver. Aurora Opens Phoenix Terminal Aurora's new terminal in Phoenix opened in June and exemplifies an infrastructure-light approach that resembles how Aurora plans to integrate with future customer endpoints. This evolution optimizes for speed to market and enables Aurora's plan to deliver freight directly to customer endpoints. Fort Worth to Phoenix is nearly half the distance of the busy Atlanta to Los Angeles freight corridor, taking more than 15 hours to complete. Self-driving trucks can halve transit times, especially on long routes that exceed the 11-hour driving limit for human drivers. Aurora is currently making autonomous hauls on this lane for Hirschbach and Werner. To further build on its commitment to industry-leading transparency, Aurora launched Aurora Driver Live, a publicly available livestream of its self-driving truck operations. The livestream demonstrates the safety, reliability, and growing maturity of the Aurora Driver, offering a first-of-its-kind glimpse into the future of freight transportation. Aurora Announces Second Quarter 2025 Results Today the company also announced its second quarter 2025 results, including additional liquidity which the company expects to fund operations into Q2 2027. Aurora's shareholder letter and financial results are available on its investor relations website at The company will host a business review conference call today, July 30, at 5:00 p.m. ET. The conference call will be webcast on Aurora's investor relations website and an accompanying presentation has also been posted to the website. A replay will be accessible for 30 days following the call. About Aurora Aurora (Nasdaq: AUR) is delivering the benefits of self-driving technology safely, quickly, and broadly to make transportation safer, increasingly accessible, and more reliable and efficient than ever before. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling trucks to ride-hailing passenger vehicles, and underpins Aurora's driver as a service products for trucking and ride-hailing. Aurora is working with industry leaders across the transportation ecosystem, including Continental, FedEx, Hirschbach, NVIDIA, PACCAR, Ryder, Schneider, Toyota, Uber, Uber Freight, Volvo Trucks, Volvo Autonomous Solutions, and Werner. To learn more, visit Cautionary Statement Regarding Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the federal securities laws. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including but not limited to, the prospects of the development, manufacturing, scaling and commercialization, and realization of the potential benefits, of the Aurora Driver and FirstLight Lidar, and related services and technology, the relationships and anticipated benefits with customers and partners, and the anticipated impact of our product on the freight industry and economy. These statements are based on management's current assumptions and are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties identified under the heading 'Risk Factors' section of Aurora Innovation, Inc.'s ('Aurora') Annual Report on Form 10-K for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission (the 'SEC') on February 14, 2025, and other documents filed by Aurora from time to time with the SEC, which are accessible on the SEC website at Additional information will also be set forth in Aurora's Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. Aurora undertakes no obligation to update forward-looking statements to reflect future events or circumstances.
Yahoo
15-07-2025
- Automotive
- Yahoo
Aurora Innovation Launched its First Commercial Self-driving Trucking in Texas
Aurora Innovation, Inc. (NASDAQ:AUR) is one of the . On May 1, Aurora Innovation, Inc. (NASDAQ:AUR) announced the launch of its first commercial self-driving trucking service in Texas. Its Aurora Driver trucks are now delivering freight between Dallas and Houston without a human driver. The company has achieved significant milestones, including 1,200 miles of driverless deliveries. Management has noted that it plans to expand to El Paso, Texas, and Phoenix, Arizona, by the end of 2025. A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle. The Aurora Driver is an SAE Level 4 autonomous system, which uses advanced sensors and artificial intelligence to detect hazards and navigate highways. The system has delivered over 10,000 loads and driven more than three million autonomous miles in supervised tests. Aurora Innovation, Inc. (NASDAQ:AUR) develops the Aurora Driver, a scalable self-driving system that can be integrated into various vehicle types. While we acknowledge the potential of AUR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Jim Cramer Says He is 'Not Going to Make You Sell Aurora Innovation'
Aurora Innovation, Inc. (NASDAQ:AUR) is one of the 11 stocks that Jim Cramer recently commented on. A caller inquired after Cramer's thoughts on the company, and he remarked: 'I know the company, and here's what I'm going to say… another time in the show, where I'd say, listen, that's too speculative. But I have seen these speculative stocks go up and up, and I'm not going to make you sell Aurora Innovation when a headline would cause that stock to double.' A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle. Aurora Innovation (NASDAQ:AUR) develops autonomous driving technology through its Aurora Driver platform, which integrates hardware, software, and data services to support multiple vehicle types and use cases. It is worth noting that when Cramer was asked about the company on April 7, he commented: 'You know it's not making money and if we have a recession all those companies don't make money, they lose you money. So I'm not going to let you be in that one.' For context, Aurora Innovation (NASDAQ:AUR) stock has gained more than 91% over the past year. While we acknowledge the potential of AUR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
