The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. NYSE Lidar makers Ouster and Velodyne said on Monday that they have… Continue reading Lidar makers Ouster and Velodyne complete their merger, creating a sector powerhouse
Tag: Autonomous
Amazon’s self-driving car shuttles people on public roads for the first time
Zoox, the self-driving startup owned by Amazon.com, carried passengers in its fully autonomous vehicle on public roads for the first time. Last week, the electric vehicle, which doesn’t have a steering wheel, ran a mile-long route carrying staff between Zoox’s two main buildings in Foster City, California, the company said in a statement. The firm… Continue reading Amazon’s self-driving car shuttles people on public roads for the first time
Alpha Motor Corporation Surprises with New WOLF+ Truck Development
IRVINE, Calif., Feb. 13, 2023 /PRNewswire/ — Alpha Motor Corporation (Alpha) announced today that in addition to the drivable WOLF electric truck, the WOLF+ extended cabin version has also been in construction since November 2022. Alpha shared it has been progressing development of the WOLF and WOLF+ trucks to increase its ability to grow market share.… Continue reading Alpha Motor Corporation Surprises with New WOLF+ Truck Development
Via closes financing round at $3.5B valuation, raising $110M to expand TransitTech portfolio
Strong demand for Via’s software drives rapid growth NEW YORK, Feb. 13, 2023 /PRNewswire/ — Via, the global leader in TransitTech, today announces it has closed a financing round led by 83North, with participation from new and existing investors including Exor N.V., Pitango, Janus Henderson, CF Private Equity, Planven Entrepreneur Ventures, Riverpark Ventures, and ION… Continue reading Via closes financing round at $3.5B valuation, raising $110M to expand TransitTech portfolio
CaPow Raises $7.5 Million Seed Round Funding to Introduce Battery-Free Perpetual Power Delivery System for Robots in Logistic Centers and Industrial Facilities
CaPow’s autonomous, battery-free and high-power energy eco-system eliminates robots’ dependency on costly, hazardous, Lithium-Ion batteries. The company’s patented technology dramatically reduces CapEx, OpEx and carbon footprint, while keeping optimal operational continuity as there is no robot downtime due to charging. BE’ER SHEVA, Israel, Feb. 13, 2023 /PRNewswire/ — CaPow, a perpetual power solution provider, today announced it… Continue reading CaPow Raises $7.5 Million Seed Round Funding to Introduce Battery-Free Perpetual Power Delivery System for Robots in Logistic Centers and Industrial Facilities
Hyderabad E-Mobility Week concludes with record turnout
Hyderabad now becomes the first city in India to host a Formula E-race, which was also organized as part of the Hyderabad E-Mobility Week. The Hyderabad E-Mobility Week, which was organised by the Government of Telangana to emphasize the progress of India’s burgeoning concluded on the 11th of February. Through the Hyderabad E-Mobility Week, a… Continue reading Hyderabad E-Mobility Week concludes with record turnout
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SAN FRANCISCO, Feb 13 (Reuters) – Amazon.com Inc’s (AMZN.O) self-driving vehicle unit, Zoox, said on Monday it has successfully tested a robotaxi with employees as passengers on a public road in a move to bring it closer to commercial service for the general public. The Feb. 11 test, conducted between two Zoox buildings a mile… Continue reading Untitled
Zoox Purpose-Built Robotaxi is First in the World to Operate on Public Roads
The autonomous mobility company looks to deploy its driverless employee shuttle service following the historic run of its passenger vehicle built without traditional driving controls on California roads. FOSTER CITY, Calif. , Feb. 13, 2023 /PRNewswire/ — Autonomous Mobility-as-a-Service company, Zoox, today announced it completed a key milestone: deploying the world’s first purpose-built robotaxi on open… Continue reading Zoox Purpose-Built Robotaxi is First in the World to Operate on Public Roads
Gallery
Feb 13 (Reuters) – Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs, executives told Reuters. Mass layoffs at major tech firms have opened the talent pipeline for Illinois-based Deere &… Continue reading Gallery
Transit tech company Via raises $110M at $3.5B valuation
On-demand shuttle service and transit tech company Via has raised another $110 million, bringing the company’s total funding to around $1 billion. The fresh capital pushes Via’s valuation up to $3.5 billion at the same price per share as the company’s previous financing in November of 2021. Via intends to use the funds to further… Continue reading Transit tech company Via raises $110M at $3.5B valuation