Autonomous vehicle technology firm Aurora Innovation (AUR) announced it has postponed the commercial deployment of its autonomous trucking service to April 2025, moving its timeline back slightly from its initial target of late 2024. The delay aims to provide additional time to validate its self-driving technology for safe, scalable operations.
âWhile this is modestly later than we had intended, this timing remains within the margin of error we have anticipated and conveyed throughout 2024,â Aurora CEO Chris Urmson noted in his third-quarter earnings letter. âWith our intention to introduce the Aurora Driver with a crawl, walk, run approach, this shift to our timeline will have a negligible financial impact.â Auroraâs phased deployment plan prioritizes safety and long-term reliability as the company gradually increases operational independence.
Aurora plans to begin with a fleet of up to 10 autonomous trucks and hopes to scale to âtens of trucksâ by the end of 2025. As part of its gradual rollout strategy, the startup has been refining its âdriver-as-a-serviceâ model, which would ultimately allow carriers to operate trucks with Auroraâs technology and offer freight services directly to shippers. Since early trials began, Aurora has been partnering with industry names such as FedEx, Werner, Schneider, Hirschbach, and Uber Freight, scheduling around 160 commercial loads weeklyâa significant increase from last year.
To track its progress toward full autonomy, Aurora measures the frequency with which its âAurora Driverâ software performs without remote human intervention. By the end of Q3, Aurora reported an 80% autonomy rate during commercial loads, up from 75% in the prior quarter. The company aims to reach 90% autonomy by launch.
As a pre-revenue company, Aurora recorded third-quarter operating expenses of $196 million, down from $212 million a year earlier, reflecting its cost-saving efforts. With $1.4 billion in cash and investmentsâbolstered by a recent $500 million raiseâthe company projects it has adequate resources to fund its operations into 2026.
Auroraâs autonomous trucks have already driven over 2.2 million miles and delivered more than 8,200 commercial loads with human supervision, which has been essential in validating its technology on public roads.
Source: Techcrunch
