Kodiak Robotics Inc. announced that it is the first company to pilot the the Commercial Vehicle Safety Alliance’s (CVSA) “Enhanced Inspection” program for autonomous or driverless trucks.\nThe program will require that a CVSA inspector specially trained in autonomous vehicles perform an inspection on the driverless vehicle.\nThat inspection will be valid for a 24 hour period and the truck will not be subject to roadside or weigh station inspections during that period.\n“Traditional roadside inspections rely on assistance from the driver, and a common question we get is how autonomous trucks will handle highway weigh station inspections,” said Don Burnette, Founder and CEO, Kodiak.\n“This program shows how law enforcement and autonomous vehicle developers can partner to ensure extremely high safety and maintenance standards for self-driving trucks.
"}}}},{"node":{"postTitle":"Autonomous vehicle company Aurora sells $820M worth of stock","slug":"autonomous-vehicle-company-aurora-sells-820m-worth-of-stock","publishDate":"2023-07-20 00:00:00","createdLocal":"2023-07-21 14:30:39.793132","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"The stock sale will help fund Aurora through commercial launch at the end of next year and “well into 2025,” according to the company.\nThe pre-revenue company has repeatedly said it would need to raise again to make it to launch and beyond.\nAurora is selling 73,333,333 shares of Class A common stock at the public offering price of $3 per share, or a value of $220 million.\nThe company said in a filing that it expects to report $785 million in cash, cash equivalents and short-term investments as of June 30, 2023.\nThat number does not include the $820 million from selling stock.
"}}}},{"node":{"postTitle":"Aurora, an Autonomous Vehicle Firm, Sells $820M in Stock | TechCrunch","slug":"aurora-an-autonomous-vehicle-firm-sells-820m-in-stock-techcrunch","publishDate":"2023-07-20 23:33:00+00:00","createdLocal":"2023-07-21 14:30:39.412388","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"Aurora Innovation, the self-driving technology company, has successfully completed a capital raise of $820 million through a public and private offering of its stock.\nShe stated that this capital raise is expected to support the launch of their autonomous trucking business and sustain operations until 2025.\nAurora’s stock price experienced fluctuations following the announcement.\nAs of Thursday’s close, the stock price stood at $2.92.\nOverall, Aurora Innovation’s successful capital raise of $820 million provides a significant financial boost for the company’s plans to launch an autonomous trucking business in 2024.
"}}}},{"node":{"postTitle":"Aurora Innovation raises $820M in fresh capital","slug":"aurora-innovation-raises-820m-in-fresh-capital","publishDate":"None","createdLocal":"2023-07-21 14:30:38.551038","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"Aurora Innovation, which has seen its stock price more than double since December, has raised $820 million in new capital.\n(Photo: Aurora Innovation)Aurora Innovation has raised $820 million in new capital.\nThe Pittsburgh-based company raised $600 million in a private placement of 222.2 million shares.\nAurora shares (NASDAQ: AUR) closed Thursday at $2.92.\nThe post Aurora Innovation raises $820M in fresh capital appeared first on FreightWaves.
"}}}},{"node":{"postTitle":"Autonomous vehicle companies aim to build 'world's safest driver' amid rise in traffic deaths","slug":"autonomous-vehicle-companies-aim-to-build-world-s-safest-driver-amid-rise-in-traffic-deaths","publishDate":"2023-07-21 01:30:51+00:00","createdLocal":"2023-07-21 14:30:38.073286","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"Amid rise in traffic deaths, autonomous vehicle companies believe saving lives on the streets may come from taking the driver out of the equation.\nSAN JOSE, Calif. (KGO) -- San Jose had its 28th traffic fatality on city streets Thursday morning.\nAutonomous vehicle companies believe saving lives on the streets may come from taking the driver out of the equation.\n\"Just last year alone, officers cited over 19,000 individuals in the City of San Jose and on the streets of San Jose, not to tell them they're bad people, but to curtail their driving behaviors,\" SJPD Ofc.\nAnd that hopefully means that lives don't get taken on the streets.
"}}}},{"node":{"postTitle":"Australia's BHP rides driverless trucks to record iron ore output","slug":"australia-s-bhp-rides-driverless-trucks-to-record-iron-ore-output","publishDate":"None","createdLocal":"2023-07-21 14:30:37.191880","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"SYDNEY -- BHP Group's iron ore production in Western Australia grew 1% for the year ended June to a record high, the company said Thursday, as the rollout of autonomous mining trucks boosted efficiency at the Australian miner.\nWestern Australia operations produced about 285 million tonnes of iron ore from July 2022 to June 2023 on a 100% basis, which includes other companies' stakes, meeting BHP's forecast for the year of between 278 million and 290 million tonnes.
"}}}},{"node":{"postTitle":"Aurora to Raise Private Shares for New Autonomous Upgradation Trucking Business","slug":"aurora-to-raise-private-shares-for-new-autonomous-upgradation-trucking-business","publishDate":"2023-07-21 11:49:26+05:30","createdLocal":"2023-07-21 14:30:35.776579","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"New Delhi:- Self-driving technology company Aurora Innovation, which aims to launch its self-driving truck business in 2024, has completed a $820 million funding round through a public offering and simultaneous public offering.\nAlso Read:- Farizon to Amplify its Electrification out of China after Capitalizing enoughIn April, Aurora applied for a mixed bid proposal to raise $350 million.\nAurora will sell 73,333,333 shares of Class A common stock at a public offering price of $3 per share, or $220 million.\nAurora shares closed at $2.92 on Thursday.\nAurora to launch autonomous trucking business has raised private shares for self-funding and are expecting to close the deal on Friday as the business is very wide and can expand on a very wide range.
"}}}},{"node":{"postTitle":"Aluminum Hand Trucks Market 2023 Key Players Business Strategies Analysis and Forecast to 2030 | Harper Trucks, Milwaukee Hand Trucks (Gleason Industrial Product)","slug":"aluminum-hand-trucks-market-2023-key-players-business-strategies-analysis-and-forecast-to-2030-harper-trucks-milwaukee-hand-trucks-gleason-industrial-product","publishDate":"2023-07-21 08:24:12","createdLocal":"2023-07-21 14:30:33.913964","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"Aluminum Hand Trucks Market 2023 Key Players Business Strategies Analysis and Forecast to 2030 | Harper Trucks, Milwaukee Hand Trucks (Gleason Industrial Product)Aluminum Hand Trucks Markethttps://www.stratagemmarketinsights.com/promobuy/207271https://www.stratagemmarketinsights.com/promobuy/207271https://www.stratagemmarketinsights.com/In a Currently published report by Stratagem Market Insights, titled \"Global Aluminum Hand Trucks Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2023-2030\", the analysts have provided an in-depth overview of the Aluminum Hand Trucks Market.\nMarket analysts and researchers have done extensive analysis of the global Aluminum Hand Trucks market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis.\nThe Aluminum Hand Trucks market is segmented into type, application, product, service, and end users.\nThis all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.👉 Global Aluminum Hand Trucks Market: Regional SegmentationFor a deeper understanding, the research report includes geographical segmentation of the global Aluminum Hand Trucks market.\n)Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)👉 Aluminum Hand Trucks Market Most Critical Questions(1) What is the market size of the Aluminum Hand Trucks market at the global level?
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