Aurora Innovation, Inc. · NASDAQ:AUR

Aurora Innovation — Q1 2022 Earnings Presentation

14 slides from Aurora Innovation's earnings presentation, May 4, 2022

  1. Slide 1: First Quarter 2022 Business Update

    FIRST QUARTER 2022 BUSINESS UPDATE MAY 4, 2022

  2. Slide 2: Cautionary statement regarding forward-looking statements

    Cautionary statement regarding forward-looking statements This presentation contains certain forward-looking statements within the meaning of the federal securities laws. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward-looki

  3. Slide 3: We achieved our transferability milestone

    We achieved our transferability milestone Full Aurora Driver sensor suite is transferred from our trucks to the Toyota Sienna fleet with limited change Additional IMU Additional sensors on near-range lidar truck on Sienna ©2022 Aurora Proprietary 3

  4. Slide 4: Aurora's powerful sensor suite: Multi-modal sensing, featuring FirstLight Lidar

    Aurora’s powerful sensor suite: Multi-modal sensing, featuring FirstLight Lidar Camera Radar Our sensor field of view is consistent across truck and Sienna platforms Lidar Combined ©2022 Aurora Proprietary 4

  5. Slide 5: We unveiled our first Toyota Sienna fleet, demonstrating the Aurora Driver's ability

    We unveiled our first Toyota Sienna fleet, demonstrating the Aurora Driver’s ability to power Aurora Connect, our product for the ride-hailing market "We saw exciting progress from Aurora this quarter. Aurora's ability to drive the Toyota Sienna at highway speeds on commercially representative route

  6. Slide 6: Our Sienna fleet achieved parity of performance with our trucks within six weeks

    Our Sienna fleet achieved parity of performance with our trucks within just six weeks of on-road testing Sienna lane change for construction vehicles on shoulder Watch video ▸ Truck lane change for upcoming construction zone ©2022 Aurora Proprietary 6

  7. Slide 7: The Aurora Driver can now navigate complex construction zones

    The Aurora Driver can now navigate complex construction zones Together, these and other capability improvements have reduced our policy intervention rate by 85% Watch video ▸ Watch video ▸ Lane Closure Adjusting left or right in the lane for concrete barriers and cones ©2022 Aurora Proprietary 7

  8. Slide 8: 18-fold improvement in construction handling on Fort Worth to El Paso route

    We have driven an 18-fold improvement in construction handling on our Fort Worth to El Paso route Demonstrating meaningful, tangible progress in this operating domain ©2022 Aurora Proprietary 8

  9. Slide 9: The Aurora Driver can now perform Texas U-turns

    The Aurora Driver can now perform Texas U-turns This important capability is live on our trucks and Sienna fleet Watch video ▸ ©2022 Aurora Proprietary 9 ©2022 | Aurora Confidential and Proprietary

  10. Slide 10: Strengthening the Aurora Driver's detection of vulnerable road users

    We are continuing to strengthen the Aurora Driver’s detection of vulnerable road users The Aurora Driver has the critical capability of detecting motorcycles and other vulnerable road users, even when they’re performing wheelies Watch video ▸ ©2022 Aurora Proprietary 10 ©2022 | Aurora Confidential a

  11. Slide 11: We continue to advance our Safety Case

    We continue to advance 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 11

  12. Slide 12: Aurora Horizon: Building and operationalizing our commercial trucking product

    Aurora Horizon: Building and operationalizing our commercial trucking product Year-to-date through our pilots, we have already doubled both the commercial miles driven and loads delivered by the Aurora Driver compared to 2021, providing our team with invaluable insights ©2022 Aurora Proprietary 12

  13. Slide 13: Aurora Horizon mission control system

    Aurora +2022 aurora Proprietary Our mission control system, within Aurora Horizon, designed to offer customers extraordinary insight and control, allowing for 24/7/365 operation of autonomous assets Efficient scheduling, dispatch, route guidance, health monitoring, remote observation, and incident r

  14. Slide 14: ©2022 Aurora Proprietary

    Aurora Aurora 22 sseiroprery

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