As the world continues to move towards autonomous vehicles, one company that has been flying under investors’ radar is Aurora Innovation (NASDAQ: AUR). However, on Tuesday morning, shares of Aurora were trading sharply higher after the company announced a major deal with Nvidia and Continental to build thousands of self-driving trucks.
A Big-Name Partner for a Major Self-Driving Truck Project
In a statement released late on Monday night, Aurora announced a "long-term strategic partnership" with Nvidia and German auto industry supplier Continental. Under this partnership, Nvidia computing hardware will be a key component of the self-driving truck system that Aurora and Continental plan to build at scale starting in 2027.
Aurora’s Autonomous Trucking System
Aurora has been working for several years to develop a self-driving system for heavy trucks. Called the Aurora Driver, the system is now close to completing its final validation. The system will be used to launch a driverless trucking service in Texas in April.
Key Components of the Partnership
Part of the news here is that the Aurora system will incorporate two Nvidia DRIVE Thor systems-on-a-chip. DRIVE Thor, optimized for autonomous vehicles, is built on Nvidia’s latest Blackwell chip architecture. This partnership with Nvidia and Continental marks a significant milestone for Aurora as it prepares to deploy self-driving trucks at scale.
Aurora’s Progress Towards Autonomous Trucking
Aurora has been steadily making progress towards its long-term goal of safely automating heavy trucks amid a long-term shortage of qualified commercial truck drivers. The company has flown under investors’ radar for the last few years, but this partnership with Nvidia and Continental is likely to change that.
Why Aurora Is an Intriguing Company
Aurora is an intriguing, well-run company that is worth a fresh look from investors who might be weary of the whole ‘robotaxi’ debate. This isn’t robotaxis and it isn’t hype; it’s a real effort to bring safe self-driving heavy trucks to America’s highways.
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Why You Should Consider Investing in Aurora
Aurora has been steadily making progress towards its long-term goal of safely automating heavy trucks amid a long-term shortage of qualified commercial truck drivers. The company has flown under investors’ radar for the last few years, but this partnership with Nvidia and Continental is likely to change that.
Why This Partnership Matters
This partnership with Nvidia and Continental marks a significant milestone for Aurora as it prepares to deploy self-driving trucks at scale. The use of Nvidia computing hardware will be a key component of the self-driving truck system that Aurora and Continental plan to build at scale starting in 2027.
The Benefits of Autonomous Trucking
Autonomous trucking has the potential to transform the logistics industry by reducing costs, improving safety, and increasing efficiency. The benefits of autonomous trucking are numerous, including:
- Improved Safety: Autonomous trucks can reduce accidents caused by human error.
- Increased Efficiency: Autonomous trucks can operate 24/7 without breaks, reducing transportation times and costs.
- Reduced Labor Costs: Autonomous trucks can reduce the need for human drivers, leading to cost savings.
Conclusion
Aurora Innovation’s partnership with Nvidia and Continental is a significant milestone in its journey towards autonomous trucking. The company has been steadily making progress towards its long-term goal of safely automating heavy trucks amid a long-term shortage of qualified commercial truck drivers.
With the use of Nvidia computing hardware, Aurora is poised to deploy self-driving trucks at scale starting in 2027. This partnership with Nvidia and Continental marks a significant milestone for Aurora as it prepares to transform the logistics industry through autonomous trucking.
Final Thoughts
Aurora Innovation is an intriguing company that is worth a fresh look from investors who might be weary of the whole ‘robotaxi’ debate. The benefits of autonomous trucking are numerous, and Aurora’s partnership with Nvidia and Continental marks a significant milestone in its journey towards making this technology a reality.
Don’t miss your second chance at a potentially lucrative opportunity. Invest in Aurora today and be part of the future of transportation.
