ETFOptimize | High-performance ETF-based Investment Strategies

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


ETFOptimize | HOME
Close Window

With its focus on commercial launch, Aurora names Nat Beuse as Chief Safety Officer

Aurora reaffirms safety’s central role in autonomous vehicle development and deployment as it hits key milestones and validates its trucking product.

Aurora Innovation, Inc. (NASDAQ: AUR) has named Nat Beuse to be its first Chief Safety Officer. Beuse is an internationally recognized safety expert in vehicle technology, policy, and safety standards with over 20 years of experience in the public and private sectors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230410005088/en/

Photo: Aurora Chief Safety Officer Nat Beuse (Photo: Business Wire)

Photo: Aurora Chief Safety Officer Nat Beuse (Photo: Business Wire)

Naming a Chief Safety Officer aligns with Aurora’s focus on closing its Aurora Driver Safety Case, which will demonstrate when Aurora’s autonomous semitrucks are acceptably safe for driverless operations on public roads. The role reports directly to CEO Chris Urmson and, in this elevated position, Beuse will continue to grow and enforce safety’s role in the development, deployment, and commercialization of Aurora’s autonomous vehicle products. This includes establishing and managing the organization's internal and external corporate safety strategies, policies, standards, and programs. Much of this work is organized through the execution of Aurora’s industry-leading safety case and approach to safety risk management.

“Safety is at the core of Aurora’s mission, and we’re deeply invested in autonomous vehicles’ potential to save lives and deliver value to businesses, consumers, and the general public,” said Chris Urmson, Co-Founder and CEO at Aurora. “Nat has helped Aurora set the pace in areas that advance our product, operations, and strong safety culture, and his leadership will continue to play a critical role as we prepare for commercialization.”

Beuse previously served as the company’s Vice President of Safety and, prior to joining Aurora, was the Head of Safety at Uber ATG. He also spent nearly two decades in leadership and executive roles at the National Highway Traffic Safety Administration, including roles related to consumer information, research, and regulation for transportation technology, passenger vehicles, and commercial vehicles. Today, Beuse is also a board member for Mothers Against Drunk Driving and Lifesavers Inc., and will continue to lead Aurora’s safety functions from Pittsburgh.

“The current state of safety on our roads is unacceptable, and I firmly believe autonomous vehicles will help save lives and significantly reduce vehicle collisions,” said Beuse. “We’re committed to setting a high bar for our industry by prioritizing a safety approach with responsibility and transparency at the forefront. There is no team better equipped than Aurora to deploy safe, scalable autonomous vehicles.”

Aurora recently confirmed that the Aurora Driver is Feature Complete, a critical milestone in its path to launching Aurora Horizon, its autonomous trucking subscription service. By the end of 2023, Aurora expects to complete the necessary validation to close the Aurora Driver Safety Case for driverless operations on its Dallas-Houston launch lane.

About Aurora

Aurora (Nasdaq: AUR) is delivering the benefits of self-driving technology safely, quickly, and broadly to make transportation safer, increasingly accessible, and more reliable and efficient than ever before. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling semi-trucks to ride-hailing passenger vehicles, and underpins Aurora Horizon and Aurora Connect, its driver-as-a-service products for trucking and ride-hailing. Aurora is working with industry leaders across the transportation ecosystem, including Toyota, FedEx, Volvo Trucks, PACCAR, Uber, Uber Freight, U.S. Xpress, Werner, Covenant, Schneider, and Ryder. For Aurora’s latest news, visit aurora.tech and @aurora_inno on Twitter.

Aurora Overview

Aurora Press Kit

Aurora Cautionary Statement Regarding Forward-Looking Statements

This Press Release contains certain forward-looking statements within the meaning of the federal securities laws. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including but not limited to those statements around the development and commercialization of Aurora’s products, the role of autonomous vehicles in improving on-road safety statistics, and the value that autonomous vehicles may bring to various third parties. These statements are based on management’s current assumptions and are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties identified under the heading “Risk Factors” section of Aurora’s Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on February 21, 2023, and other documents filed by Aurora from time to time with the SEC, which are accessible on the SEC website at www.sec.gov. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. Aurora undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

“We’re committed to setting a high bar for our industry by prioritizing a safety approach with responsibility and transparency at the forefront. There is no team better equipped than Aurora to deploy safe, scalable autonomous vehicles,” said Beuse

Contacts

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 following
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.