Aurora Announces Second Quarter 2024 Results
July 31 2024 - 4:10PM
Business Wire
Aurora Innovation, Inc. (NASDAQ: AUR) today announced its second
quarter 2024 results. Aurora’s shareholder letter and financial
results are available on its investor relations website at
ir.aurora.tech.
“Fueled by customer excitement for the Aurora Driver, we
achieved great commercial progress in the second quarter,” said
Chris Urmson, co-founder and CEO at Aurora. “We partnered with Uber
Freight to launch a first-of-its-kind Premier Autonomy program for
carriers of all sizes, tripled our commercial volume, and
contracted demand for a meaningful portion of our expected 2025
capacity. As we execute toward our planned Commercial Launch at the
end of the year, we believe Aurora is best positioned to continue
to lead the industry with our responsible technology approach,
robust safety culture, Driver as a Service business model, and
continued financial discipline.”
About Aurora
Aurora (Nasdaq: AUR) is delivering the benefits of self-driving
technology safely, quickly, and broadly to make transportation
safer, increasingly accessible, and more reliable and efficient
than ever before. The Aurora Driver is a self-driving system
designed to operate multiple vehicle types, from freight-hauling
trucks to ride-hailing passenger vehicles, and underpins Aurora’s
driver-as-a-service products for trucking and ride-hailing. Aurora
is working with industry leaders across the transportation
ecosystem, including Continental, FedEx, Hirschbach, PACCAR, Ryder,
Schneider, Toyota, Uber, Uber Freight, Volvo Trucks, Volvo
Autonomous Solutions, and Werner. To learn more, visit
aurora.tech.
Aurora Overview Aurora Press Kit
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains certain forward-looking statements
within the meaning of the federal securities laws. All statements
contained in this press release that do not relate to matters of
historical fact should be considered forward-looking statements,
including but not limited to, those statements around the benefits
of Premier Autonomy, the safety benefits of our technology and
product, the prospects of the development, manufacturing, scaling
and commercialization of the Aurora Driver and related services and
technology and on the timeframe we expect or at all, and Aurora’s
expenses and cash management. These statements are based on
management’s current assumptions and are neither promises nor
guarantees, but involve known and unknown risks, uncertainties and
other important factors that may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements. For factors that could cause actual
results to differ materially from the forward-looking statements in
this press release, please see the risks and uncertainties
identified under the heading “Risk Factors” section of Aurora
Innovation, Inc.’s (“Aurora”) Annual Report on Form 10-K for the
year ended December 31, 2023, filed with the SEC on February 15,
2024, as amended by the Form 10-K/A filed with the SEC on May 24,
2024, and other documents filed by Aurora from time to time with
the SEC, and other documents filed by Aurora from time to time with
the SEC, which are accessible on the SEC website at www.sec.gov.
All forward-looking statements reflect our beliefs and assumptions
only as of the date of this press release. Aurora undertakes no
obligation to update forward-looking statements to reflect future
events or circumstances.
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version on businesswire.com: https://www.businesswire.com/news/home/20240731092098/en/
Investor Relations: Stacy Feit ir@aurora.tech
Media: press@aurora.tech
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