Aurora Innovation, Inc. · NASDAQ:AUR
Aurora Innovation — FY2022 Earnings Presentation
13 slides from Aurora Innovation's earnings presentation, Feb 15, 2023
Slide 1: Fourth Quarter and Full Year 2022 Business Update
FOURTH QUARTER AND FULL YEAR 2022 BUSINESS UPDATE FEBRUARY 15, 2023
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
Slide 3: Aurora Horizon Roadmap to Launch
AURORA HORIZON ROADMAP TO LAUNCH Complete 2022 2023 2024 Q1 Q2 Q3 Q4 Q1 Navigate construction Execute Texas Detect lane Navigate lanes Identify zones - blocked lanes U-turns ✓ markings that made by involvement in Feature Complete* Aurora Driver Ready** and road closures ✓ have shifted due temporary
Slide 4: 2022 Key Highlights
2022 Key Highlights Aurora Driver Operations Truck Platform Released Beta versions Expanded and added pilot customers Scaled our fleet to 31 trucks and made 2.0, 3.0, 4.0, and 5.0 and industry collaborations progress with our OEM partners, Paccar and Volvo, toward scalable, autonomy-enabled truck pl
Slide 5: Our Beta 5.0 release continues to advance the Aurora Driver toward commercial readiness
Our Beta 5.0 release continues to advance the Aurora Driver toward commercial readiness Responding to active Fault Management System: Navigating lanes made emergency vehicles completing the end-to-end flow by by temporary barriers re-entering traffic from the shoulder ©2023 Aurora Proprietary 5
Slide 6: Detecting and appropriately responding to active emergency vehicles
Detecting and appropriately responding to active emergency vehicles The Aurora Driver encounters an emergency scene that requires it to execute a lane change to maneuver around a stopped fire engine that is partially encroaching the truck’s original lane, followed by police vehicles, an ambulance, a
Slide 7: Fault Management System: Completing the end-to-end flow
Fault Management System: Completing the end-to-end flow After executing on a command to pull to the shoulder, the Aurora Driver safely re-enters traffic from the shoulder Watch video ▸ ©2023 Aurora Proprietary 7
Slide 8: Navigating lanes made by temporary barriers
Navigating lanes made by temporary barriers The Aurora Driver encounters a complex construction scene and navigates a lane made with cones and jersey barriers, knowing that it is safe to drive partially on the shoulder Watch video ▸ ©2023 Aurora Proprietary 8
Slide 9: We continue to improve the performance of the Aurora Driver
We continue to improve the performance of the Aurora Driver REQUIRED INTERVENTIONS DUE TO ROAD DEBRIS ©2023 Aurora Proprietary 9
Slide 10: We expect to achieve our critical Feature Complete milestone by end of Q1 2023
We expect to achieve our critical Feature Complete milestone for our Dallas to Houston launch lane by the end of the first quarter of 2023 Feature Complete Aurora Driver Ready End of 1Q23(E) End of 2023(E) ©2023 Aurora Proprietary 10
Slide 11: Maturing the Aurora Driver's hardware to support commercial launch
We are also maturing the Aurora Driver’s hardware to support our commercial launch and longer-term, the evolution toward a scalable hardware kit Silicon photonics: FirstLight Lidar on a chip ©2023 Aurora Proprietary 11
Slide 12: We achieved both our Q4 and Q1 commercial load targets
We achieved both our Q4 commercial load target of 30 loads/week and our Q1 target of 40 loads/week Cumulative to-date through 02/12/23, we’ve delivered Across 1,150 324k 98% Loads Miles On-Time ©2023 Aurora Proprietary 12
Slide 13: Aurora
Aurora