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Aurora to Showcase Driverless Trucks Navigating Advanced Road Scenarios at Analyst and Investor Day
Company shares progress toward Commercial Launch and path to gross profit, scale, and self-funding PITTSBURGH--(BUSINESS WIRE)-- Today, Aurora Innovation
About this update from Aurora Innovation, Inc.
[{"type":"text","content":"\nCompany shares progress toward Commercial Launch and path to gross profit, scale, and self-funding\n\n\n PITTSBURGH--(BUSINESS WIRE)--\nToday, Aurora Innovation (NASDAQ: AUR) is holding an Analyst and Investor Day at its headquarters in Pittsburgh where executives will share the company’s progress toward driverless deployment and its path to gross profit, scale and self-funding. For the first time, the company will publicly show the Aurora Driver – an SAE Level 4 autonomous driving system – navigating safety-critical scenarios without anyone on board.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240314168414/en/Aurora to Showcase Driverless Trucks Navigating Advanced Road Scenarios at Analyst and Investor Day (Photo: Business Wire)\n“Building on years of development and testing, our work toward the safe and scalable deployment of driverless trucks is nearing a historic milestone,” said Chris Urmson, CEO and co-founder of Aurora. “Today will show why we believe we will have the essential components not only for Commercial Launch but also deployment at scale to support a strong and self-sustaining business.”\n\n\nProgress toward Driverless Operations and Commercial Launch\n\n\nThe company’s Safety Case – Aurora’s evidence-based approach to demonstrating that its self-driving vehicles are acceptably safe to operate on public roads – is 93% complete for its launch lane between Dallas and Houston. To show progress toward a closed Safety Case, an Aurora Driver-powered truck with a standard trailer will navigate advanced scenarios on a closed track including:\n\n\n\nAutonomous operations: Starting and stopping from a remote app\n\n\n\n\nAdvanced capabilities: Avoiding dangerous debris, navigating a tire blowout, and responding to being pulled over by law enforcement\n\n\n\n\nDefensive driving: Handling aggressive cut-ins, unexpected pedestrians, and other road hazards to avoid collisions\n\n\n\nFinal development of purpose-designed redundant trucks\n\n\nAurora has been closed-track testing the all-new autonomous Volvo VNL since late 2023. With safety at the forefront, the soon-to-be-released autonomous VNL is a purpose-designed, production-ready, autonomous truck with robust redundant systems. Aurora and Volvo Autonomous Solutions (V.A.S.) are making significant progr...