Aurora Innovation

Aurora Innovation, Inc. deliver self-driving technology to move both people and goods. The Company offers a platform that autonomously operates passenger vehicles, commercial vehicles, and heavy-duty trucks. Aurora Innovation serves customers in the United States.

Earnings data Q4 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

Aurora Innovation advances autonomous tech, secures key partnerships for growth

Aurora Innovation reported strong progress in autonomous technology development, surpassing targets for autonomously hauling loads and introducing new capabilities in Aurora Driver Beta 5.0. Strategic collaborations with OEM partners and industry leaders enhance Aurora's market position, while effective cost management and community engagement remain crucial.

Aurora Innovation reports strong Q1 results and eyes autonomous market growth

Aurora Innovation's Q1 2023 performance reflects revenue growth, effective cost management, and progress towards commercialization, positioning the company for future success.
While facing challenges such as interest rate impacts and cash burn trends, Aurora's strategic partnerships and product innovations present opportunities for sustained growth and market leadership.
Investors can be optimistic about Aurora's financial stability, innovation focus, and growth prospects in the dynamic autonomous vehicle industry landscape.

Aurora raises $853 million, logs 17,000 miles weekly, faces revenue challenges

Aurora's strong cash position and progress towards key milestones are positive indicators. However, the high operating expenses and lack of revenue in Q2 2023 present financial challenges. Opportunities for growth exist in scalability, partnerships, and brand exposure.

Aurora Innovation excels in Q3 with strong performance and growth

Aurora Innovation's Q3 performance reflects strong technological advancements, financial stability, and operational achievements, positioning the company for future growth and market leadership.
While facing challenges in regulatory compliance and Safety Case delays, Aurora's strategic strengths in safety, operational excellence, and customer-centric approach provide a solid foundation for success.
Opportunities for expansion, route establishment, and market diversification present avenues for Aurora to capitalize on its strengths and drive innovation in the autonomous driving and trucking industry.
Overall, Aurora's focus on safety, innovation, and operational efficiency underscores its commitment to excellence and growth in a competitive market landscape.

Aurora Innovation excels in autonomous trucking partnerships and safety focus

Aurora Innovation demonstrated strong performance and strategic partnerships in Q4 2023, emphasizing safety and financial discipline. While facing challenges in ensuring regulatory compliance and safety standards, the company is well-positioned to capitalize on opportunities in the autonomous transportation market through technological advancements and customer engagement.

Aurora Innovation excels in autonomy progress and financial stability

Aurora Innovation's Q1 2024 earnings call highlighted significant progress in autonomy performance, safety advancements, and financial stability, positioning the company for future growth.
The emphasis on regulatory compliance, R&D investments, and achieving key milestones underscores Aurora's commitment to innovation and market leadership in autonomous driving.
While facing challenges in regulatory navigation, cost management, and technological implementation, Aurora's strong balance sheet and strategic focus present opportunities for sustainable growth and market expansion.
By capitalizing on partnerships, market demand, and operational efficiency, Aurora can navigate challenges, leverage strengths, and seize opportunities to drive long-term success in the autonomous driving industry.

Aurora Innovation gears up for April 2025 launch with strong financials

Aurora Innovation is on track for a commercial launch in April 2025, focusing on safety and expanding product capabilities.
Strong financial discipline and successful capital raise position the company well for scaling operations and market expansion.
Challenges in validation, operational readiness, and timeline management need to be addressed to ensure successful commercial deployment.

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Aurora Innovation, Inc. engages in the design and development of automobile hardware, software, and provision of data services. It primarily offers Aurora Driver which allows a vehicle to drive itself. The company was founded by Chris Urmson, Sterling Anderson and Drew Bagnell in 2017 and is headquartered in Pittsburgh, PA.

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--The self-driving company Aurora Innovation, Inc. (NASDAQ: AUR) today announced that CEO Chris Urmson will participate in a fireside chat at the Bernstein 38th Annual Strategic Decisions Conference on June 1, 2022 at 4:30 p.m. EDT. The presentation will be webcast on Aurora's investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days following the live presentation. About Aurora Aurora (NASDAQ: AUR) is delivering the benefits

Aurora to Present at the Bernstein 38th Annual Strategic Decisions Conference

FedEx

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Aurora Innovation, Inc. (NASDAQ: AUR) and FedEx Corp. (NYSE: FDX) announced the expansion of their pilot program to autonomously move FedEx shipments on an additional commercial lane in Texas. In March 2022, Aurora's next-generation autonomous trucks – based on the new Peterbilt 579 – began to transport FedEx shipments between Aurora's new terminals in Fort Worth and El Paso. Aurora is making the 600-mile trip on a weekly basis with safety drivers on board and expec

FedEx and Aurora Expand Autonomous Commercial Linehaul Trucking Pilot in Texas Ahead of Schedule

Covenant Logistics Group Inc

Aurora Innovation Inc. has signed up its third truckload carrier this year to partner on possible deployment of its autonomous vehicle technology. In the latest transaction, Aurora (NASDAQ: AUR) said it had agreed with Covenant Logistics (NASDAQ: CVLG) on what it described as a “collaboration to explore ways to optimize Covenant's long-haul operations with Aurora's autonomous trucking product.

Aurora signs up truckload carrier Covenant to work on autonomous technology

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Today, Aurora Innovation Inc. (NASDAQ: AUR) and Covenant Logistics Group, Inc. (NASDAQ: CVLG) announced a collaboration to explore ways to optimize Covenant's long-haul operations with Aurora's autonomous trucking product. The two companies will explore the integration and deployment of Aurora Horizon within Covenant's operations. Part of Covenant's diversified services is long-haul trucking, making the benefits of autonomous technology in its network especially att

Covenant and Aurora Announce Collaboration to Transform Long-Haul Trucking

PITTSBURGH — On our last trip to the Steel City, we took a ride in one of Uber's self-driving vehicles.

Backed by Amazon and newly public, Aurora accelerates self-driving tech, starting with trucks

Aurora Innovation, Inc. (NASDAQ:AUR ) Q1 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Stacy Feit - IR Chris Urmson - CEO Richard Tame - CFO Conference Call Participants Tom White - D.A. Davidson Mark Delaney - Goldman Sachs Steven Fox - Fox Advisors David Vernon - Bernstein Operator Greetings.

Aurora Innovation, Inc. (AUR) CEO Chris Urmson on Q1 2022 Results - Earnings Call Transcript

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Aurora Innovation, Inc. (NASDAQ: AUR) today announced first quarter 2022 results. Aurora's shareholder letter, including its financial results, can be viewed on its investor relations website at ir.aurora.tech. “Our first quarter was a strong start to 2022. We achieved critical milestones, continued to advance our technology, and extended our partner ecosystem,” said Aurora CEO and Co-founder Chris Urmson. “This progress positions us well to execute on our product r

Aurora Announces First Quarter 2022 Results

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Aurora Innovation, Inc. (NASDAQ: AUR) today announced the development of the Aurora Beacon platform, its cloud-based mission control system designed to allow customers to optimize operations of autonomous vehicles for 24/7/365 operation. Aurora Beacon will help customers of Aurora Horizon and Aurora Connect, Aurora's trucking and ride-hailing products, realize the full potential of their Aurora Driver-powered vehicles. “Self-driving vehicles will provide much-needed

Introducing Aurora Beacon, Aurora's Powerful Suite of Operational Tools

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Aurora Innovation, Inc. (NASDAQ: AUR) today announced that it will release first quarter 2022 results after market close on May 4, 2022 and will host a business review conference call at 5:00 p.m. Eastern Time. The conference call will be webcast on Aurora's investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days following the call. About Aurora Aurora (Nasdaq: AUR) is delivering the benefits of self-driving technology saf

Aurora to Host First Quarter 2022 Business Review Conference Call on May 4, 2022

Werner Enterprises

As part of a pilot program, Aurora's autonomous trucks are hauling Werner's (WERN) loads in Texas between Fort Worth and El Paso.

Werner (WERN), Aurora to Test Autonomous Trucks in Texas

Aurora Innovation Inc. said Wednesday it is collaborating with trucker Werner Enterprises Inc. to test and deploy Aurora's autonomous trucks on an active highway in Texas. Starting this week, the companies said Aurora autonomous trucks are hauling loads between Fort Worth and El Paso, which stretches 600 miles and takes nine hours to complete.

Aurora Innovation, Werner testing autonomous trucks hauling goods between El Paso and Fort Worth

Werner Enterprises, ever game for testing new technology, is aligning with Aurora Innovation Inc. to test supervised long-haul freight on a 600-mile stretch across Texas. Werner's name was missing from last week's announcement that the Aurora Driver Beta 2.0 autonomous system was going for weekly long-distance pilot runs from a new terminal in Fort Worth to one in El Paso, a nine-hour journey.

Werner aligns with Aurora in latest autonomous experiment

Horizon and Driver technologies consist of software, sensors and computers that enable Aurora and its partners to dispatch and monitor trucks for maintenance and roadside assistance.

Aurora, Werner Enterprises To Test Driverless Tech Between Fort Worth And El Paso

Aurora Innovation is launching its third autonomous freight pilot in Texas. Starting this week, Aurora Driver-powered trucks will haul loads for Werner Enterprises, a transportation and logistics company, between Fort Worth and El Paso, Texas.

Aurora launches autonomous freight pilot with Werner, expands terminal network

Aurora and Werner are pilot-testing self-driving trucks on a 600 mile stretch of Texas highway.

Aurora and Werner Enterprises are testing self-driving tractor-trailers on a lonely Texas highway

DALLAS--(BUSINESS WIRE)---- $AUR #aurora--Today, Aurora Innovation, Inc. (NASDAQ: AUR) announced a key operations hire and the expansion of its commercial footprint and operations across two high-volume lanes, representing significant milestones toward the commercialization of Aurora Horizon, Aurora's autonomous trucking product. Expanding operations leadership and expertise Kendra Phillips joins Aurora to lead the company's trucking and logistics partner programs. Kendra brings 16 years of experience in the lo

Aurora Hires Kendra Phillips, Former CTO of Ryder; Secures Three Terminal Locations in Texas

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Today, Aurora Innovation, Inc. (NASDAQ: AUR) and Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, announced a collaboration and commercial pilot to test and safely deploy autonomous trucks on one of the most commercially active and critical stretches of highway in the country. Starting this week, Aurora Driver-powered trucks are hauling loads between Fort Worth and El Paso on behalf of Werner. This lane represents the middle leg of

Aurora and Werner Launch Commercial Pilot to Autonomously Haul Freight in Texas

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Aurora Innovation, Inc. (NASDAQ: AUR) has launched Aurora Driver Beta 2.0, the second release of its integrated hardware and autonomy system. This release powers Aurora's next-generation truck fleet and its recently unveiled Toyota Sienna test fleet. It also debuts new capabilities and critical improvements to prepare the Aurora Driver for commercial launch, including: Advanced highway and suburban capabilities, including more complex construction zone navigation, k

Aurora Releases Aurora Driver Beta 2.0

Toyota Motor

The cars are undergoing testing in Texas, where Toyota and Aurora both have bases of operation.

Aurora Unveils Toyota Sienna-Based Autonomous Ride-Hailing Fleet - Roadshow

Japan's Toyota Motor and Aurora Innovation Inc, a U.S. developer of automated driving systems, have started testing autonomous ride-hailing fleet in Texas, with two safety operators and no passenger on board, Aurora said on Tuesday.

Toyota, Aurora test-drive autonomous ride-hailing fleet in Texas

Autonomous vehicle technology company Aurora Innovation is launching a small test fleet of custom-designed self-driving Toyota Siennas for future ride-hail operations. The company will test its vehicles on highways and suburban streets in the Dallas-Forth Worth, Texas area, with a focus on high speed routes, according to an Aurora spokesperson.

Aurora unveils test fleet of autonomous Toyota Sienna robotaxis

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--The self-driving company Aurora Innovation, Inc. (NASDAQ: AUR) today announced that CEO Chris Urmson will participate in a fireside chat at the J.P. Morgan 2022 Industrials Conference on March 17, 2022 at 8:50 a.m. EDT. The presentation will be webcast on Aurora's investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days following the live presentation. About Aurora Aurora (Nasdaq: AUR) is delivering the benefits of self-dri

Aurora to Present at the J.P. Morgan 2022 Industrials Conference

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--The self-driving company Aurora Innovation, Inc. (NASDAQ: AUR) today announced that CEO Chris Urmson will participate in a fireside chat at the Citi 2022 Global Industrial Tech and Mobility Conference on February 23, 2022 at 2:40 p.m. EST. The presentation will be webcast on Aurora's investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days following the live presentation. About Aurora Aurora (Nasdaq: AUR) is delivering the

Aurora to Present at the Citi 2022 Global Industrial Tech and Mobility Conference

Aurora Innovation, Inc. (AUR) CEO Chris Urmson on Q4 2021 Results - Earnings Call Transcript

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--The self-driving company Aurora Innovation, Inc. (NASDAQ: AUR) today announced fourth quarter and full year 2021 results. Aurora's shareholder letter, including its financial results, can be viewed on its investor relations website at ir.aurora.tech. “2021 was a transformative year for Aurora. With our key partners and technological achievements, we are making exciting progress towards delivering the Aurora Driver,” said Aurora CEO and Co-founder Chris Urmson. “Toda

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