Aurora Announces Third Quarter 2024 Results
30 Oktober 2024 - 9:15PM
Business Wire
Aurora Innovation, Inc. (NASDAQ: AUR) today announced its third
quarter 2024 results. Aurora’s shareholder letter and financial
results are available on its investor relations website at
ir.aurora.tech.
“We are on the brink of a new era in mobility and logistics, and
the excitement from the industry, our partners, and customers is
palpable,” said Chris Urmson, co-founder and CEO at Aurora. “We’ve
fully contracted our expected launch capacity with the addition of
another customer, added nearly half a billion dollars to our
balance sheet, and announced a lane expansion to Phoenix. Our
Commercial Launch is within sight, and we are in an incredibly
strong position to deliver on our mission and commercialize
autonomous trucking at scale.”
The company will host a business review conference call today,
October 30, at 5:00 p.m. Eastern time. The conference call will be
webcast on Aurora’s investor relations website at ir.aurora.tech
and an accompanying presentation has also been posted to the
website. A replay of the webcast will be available for 30 days
following the call.
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, the prospects of the development,
manufacturing, scaling (including, but not limited to, the opening
of new lanes) and commercialization of the Aurora Driver and
related services and technology (including relationships with
partners and customers) and on the timeframe we expect or at all,
and Aurora’s 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241030974279/en/
Investor Relations: Stacy Feit ir@aurora.tech
Media: press@aurora.tech
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