Aurora Innovation, Inc. · NASDAQ:AUR
Aurora Innovation — FY2021 Earnings Presentation
13 slides from Aurora Innovation's earnings presentation, Feb 16, 2022
Slide 1: Fourth Quarter and Full Year 2021 Business Update
FOURTH QUARTER AND FULL YEAR 2021 BUSINESS UPDATE F E B R U A R Y 1 6, 2 0 2 2
Slide 2: Cautionary statement regarding forward-looking statements
Cautionary statement regarding forward-looking statements This investor letter contains certain forward-looking statements within the meaning of the federal securities laws. All statements contained in this investor letter that do not relate to matters of historical fact should be considered forward
Slide 3: A transformative year: 2021 accomplishments
A transformative year: 2021 accomplishments Acquired Uber’s self-driving Solidified powerful Advanced cutting-edge vehicle business partners and pilots technology Introduced Aurora Horizon Became a public and Aurora Connect company ©2022 Aurora Proprietary 3
Slide 4: Progress toward commercialization: Pilots and partners
Progress toward commercialization: Pilots and partners We began pulling loads 5 days a week in Q4 and in January 2022, started nighttime hauls, demonstrating the Aurora Driver’s capability of operating day and night, and further increasing our opportunity to learn Trucks powered by the Aurora Driver
Slide 5: Developing Aurora-powered trucks and passenger cars with our vehicle program partners
Developing Aurora-powered trucks and passenger cars with our vehicle program partners Fleet size has increased to 18 trucks, more than double size in Q4 End of Q1 Milestone: Expect to launch Aurora Driver Beta 2.0 powered truck and Toyota Sienna fleets - demonstrating the transferability of our comm
Slide 6: The Aurora Driver is designed with common core technology
The Aurora Driver is designed with common core technology that can integrate with multiple vehicle types Self-driving software Self-driving hardware Maps, offboard support, and other data services Trucking Passenger mobility ©2022 Aurora Proprietary 6
Slide 7: Advancing the Aurora Driver: Expanse and maturity
Advancing the Aurora Driver: Expanse and maturity 1,000,000,000 1,000,000 100,000 (Allowable Operating Hours) 10,000 Maturity 1,000 100 10 1 Basic Industrial & Foundational Highway off-highway business park Suburban settings Dense urban settings safe driving driving driving settings Expanse (Address
Slide 8: Advancing our Safety Case
Advancing our Safety Case Q3 Milestone: We expect to show that the Aurora Driver can respond to system failures at highway speeds by safely pulling over to the shoulder without vehicle operator intervention ©2022 Aurora Proprietary 8
Slide 9: Demonstrating pull to shoulder capability in the Aurora Virtual Testing Suite
Demonstrating pull to shoulder capability in the Aurora Virtual Testing Suite To operate at highway speeds, it is critical that the vehicle can safely handle possible system failures Watch video ▸ ©2022 Aurora Proprietary 9 ©2022 | Aurora Confidential and Proprietary
Slide 10: Aurora Driver successfully navigates challenging conditions
Aurora Driver successfully navigates challenging conditions Operating autonomously in a monsoon in Texas Watch video ▸ ©2022 Aurora Proprietary 10
Slide 11: Aurora's powerful sensor suite: Multi-modal sensing, featuring FirstLight Lidar
Aurora’s powerful sensor suite: Multi-modal sensing, featuring FirstLight Lidar Near-field and FirstLight Lidar, Camera Radar All modalities featuring FMCW technology ©2022 Aurora Proprietary 11
Slide 12: Detecting objects and debris
Detecting objects and debris This capability enables the vehicle to maneuver around different types of foreign objects and debris on the road Watch video ▸ ©2022 Aurora Proprietary 12 ©2022 | Aurora Confidential and Proprietary
Slide 13: ©2022 Aurora Proprietary
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