Driverless autos, trucks, taxis etc. Message Board

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Technology Stocks : Driverless autos, trucks, taxis etc.

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From: Sam	11/5/2021 8:52:29 AM
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Autonomous vehicle company Aurora is now a publicly traded company ‘We will put Aurora’s mark on the world’s roads’ By Andrew J. Hawkins @andyjayhawk Nov 4, 2021, 10:45am EDT Aurora, the startup that was founded by the former head of Google’s self-driving car project, has officially begun trading on the Nasdaq stock exchange under the ticker symbol “AUR.” It’s a significant milestone for the AV industry, which has struggled with overinflated expectations, missed deadlines, shuttered businesses, and a host of technological challenges. Last summer, Aurora announced that it would go public through a reverse merger with a special acquisition company, or SPAC, called Reinvent Technology Partners Y. Upon closing this deal, Aurora said it has $1.8 billion in “gross proceeds and cash in hand,” which will help its quest to become a provider of self-driving hardware and software to companies in the trucking and ride-hailing industries. continues at theverge.com

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