Aurora Innovation reported Q2 2024 results, highlighting progress toward its planned commercial launch of driverless trucking by year-end. The company expanded customer relationships, with Uber Freight committing to volume and launching the Premier Autonomy program. Aurora contracted a significant portion of expected 2025 capacity.Autonomy performance improved, with 75% of commercial loads achieving 100% API on the Dallas-Houston launch lane. The company unveiled the production-ready Volvo VNL Autonomous truck and advanced its proprietary lidar technology. Q2 operating expenses were $198M, with $160M excluding stock-based compensation.Aurora ended Q2 with $1.0B in cash and investments, expecting to fund operations into Q4 2025. The company maintains its responsible approach to safety and technology development as it prepares for commercial launch and scaling of autonomous trucking operations.

Aurora Innovation reported Q2 2024 results, highlighting progress toward its planned commercial launch of driverless trucking by year-end. The company expanded customer relationships, with Uber Freight committing to volume and launching the Premier Autonomy program. Aurora contracted a significant portion of expected 2025 capacity.Autonomy performance improved, with 75% of commercial loads achieving 100% API on the Dallas-Houston launch lane. The company unveiled the production-ready Volvo VNL Autonomous truck and advanced its proprietary lidar technology. Q2 operating expenses were $198M, with $160M excluding stock-based compensation.Aurora ended Q2 with $1.0B in cash and investments, expecting to fund operations into Q4 2025. The company maintains its responsible approach to safety and technology development as it prepares for commercial launch and scaling of autonomous trucking operations.