ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Aurora Announces Beta Release of the Aurora Driver in Commercial Pilot of Aurora Horizon

The Aurora Driver, now in beta, features cutting-edge hardware and fresh capabilities that enable safe autonomous driving while transporting goods on behalf of Aurora customers.

Autonomous driving company Aurora has released its first commercial beta of the Aurora Driver, which consists of the hardware, software, and data services needed to safely operate an autonomous Aurora-powered vehicle. Aurora Driver Beta is currently hauling loads between Dallas and Houston, TX, in a commercial pilot of Aurora Horizon, a suite of subscription services that help carriers and fleet owners move goods more safely and efficiently.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211028005401/en/

Aurora is moving quickly toward the commercial launch of its Aurora Horizon product offering in 2023, and the release of Aurora Driver Beta marks an important milestone. It’s a demonstration of Aurora’s autonomous driving capabilities, a confirmation of its Driver-as-a-Service business model, the manifestation of years of hard work, and the foundation for future versions of its products.

Aurora has always invested up-front in the creation of core technologies built for rapid deployment and scale—an approach the company calls self-driving 2.0—and the development of Aurora Driver Beta has been no different. The commercial pilot with FedEx and PACCAR along a 400-mile freight corridor comes after just a few weeks of refining the Aurora Driver in simulation and testing on a 30-mile section of the I-45 between Dallas and Houston.

The Aurora Driver Beta release includes key updates that allow it to safely navigate a new commercial route and autonomously transport goods for customers. This release is the culmination of the company’s improved hardware and autonomy system equipped with the capabilities that allow its autonomous trucks to safely navigate highways and streets.

Purpose-built hardware to see farther, process sensor data faster, and respond more accurately

Trucks integrated with the Aurora Driver come equipped with Aurora’s proprietary FirstLight lidar, imaging radar, and high-resolution cameras. The Aurora Driver uses early sensor fusion to process data from all of its sensors at once, feeding its perception system a comprehensive view of the environment. The company’s advanced sensor suite allows the Aurora Driver to track velocities and measure the acceleration of vehicles hundreds of meters away while moving at highway speeds, enabling faster, more accurate responses to road conditions.

New autonomy capabilities to drive like an ideal citizen of the road

To safely operate on the highway and nearby streets, Aurora Driver-powered trucks must autonomously handle all kinds of complex situations they’ll encounter while hauling goods from city to city. These capabilities, including unprotected left and right turns, high-speed merges, and various forms of construction, are notoriously difficult for self-driving vehicles. Today, Aurora Driver Beta performs them reliably in stop-and-go traffic, while negotiating with other traffic, and even when faced with rare events such as people walking their dogs on a busy freeway.

Aurora Driver Beta is not just a development release; it is designed to operate commercially for Aurora’s logistics partners. To date, Aurora’s commercial pilots have delivered with 100% on-time arrivals, demonstrating autonomy performance that exceeds customer expectations and instills confidence in a full-scale commercial launch in late 2023.

About Aurora

Founded in 2017 by experts in the self-driving industry, Aurora is on a mission to deliver the benefits of self-driving technology safely, quickly, and broadly. To move both people and goods, the company is building the Aurora Driver, a platform that brings together software, hardware and data services to autonomously operate passenger vehicles, light commercial vehicles, and heavy-duty trucks. Aurora is backed by Sequoia Capital, Baillie Gifford, funds and accounts advised by T. Rowe Price Associates, among others, and is partnered with industry leaders including Toyota, Uber, Volvo, and PACCAR. Aurora tests its vehicles in the Bay Area, Pittsburgh, and Dallas. The company has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Wixom, MI. To learn more, visit www.aurora.tech.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  233.22
+4.06 (1.77%)
AAPL  278.85
+1.30 (0.47%)
AMD  217.53
+3.29 (1.54%)
BAC  53.65
+0.66 (1.25%)
GOOG  320.12
-0.16 (-0.05%)
META  647.95
+14.34 (2.26%)
MSFT  492.01
+6.51 (1.34%)
NVDA  177.00
-3.26 (-1.81%)
ORCL  201.95
-3.01 (-1.47%)
TSLA  430.17
+3.59 (0.84%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.