The business combination values Enhanced at an enterprise value of $1.2 billion and is expected to provide up to $200 million in gross cash proceeds upon closing assuming no redemptions by SPAC shareholders. The consummation of the business combination, subject to regulatory approval, will result in Enhanced becoming a publicly traded company called Enhanced Group… Continue reading Enhanced to Go Public Through Business Combination with A Paradise Acquisition Corp.
Tag: Autonomous
Wishpond Returns to Positive Adjusted EBITDA and Achieves Highest Gross Margins Since 2020
The Company returned to positive Adjusted EBITDA in Q3 2025, generating $49,012, driven by successful cost optimization initiatives and a leaner operating model. Wishpond achieved gross margins of 71% in Q3 2025, the Company’s highest gross margin percentage since Q3 2020, reflecting improved product mix and operational efficiencies. VANCOUVER, BC, Nov. 26, 2025 /PRNewswire/ – Wishpond… Continue reading Wishpond Returns to Positive Adjusted EBITDA and Achieves Highest Gross Margins Since 2020
Uber launches true driverless robotaxi operations in the Middle East with WeRide [Video]
Just over a year after Uber announced a strategic partnership in the Middle East with autonomous vehicle specialist WeRide, the companies have officially begun offering the public robotaxi rides without a driver or safety operator present on board. Today’s latest milestone involving robotaxi operations in the Middle East dates back to September 2024, when Uber… Continue reading Uber launches true driverless robotaxi operations in the Middle East with WeRide [Video]
Autonomous Underwater Vehicle (AUV) Market worth $4.64 billion by 2030 – Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Nov. 21, 2025 /PRNewswire/ — The autonomous underwater vehicle market is expected to reach USD 4.64 billion by 2030, from USD 3.13 billion in 2025, with a CAGR of 8.2% according to a new report by MarketsandMarkets™. The global autonomous underwater vehicle market is primarily driven by the need for autonomous, reliable, and… Continue reading Autonomous Underwater Vehicle (AUV) Market worth $4.64 billion by 2030 – Exclusive Report by MarketsandMarkets™
Uber: WeRide and Uber Launch Middle East’s First Fully Driverless Robotaxi Commercial Operations in Abu Dhabi, UAE
ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–WeRide (NASDAQ: WRD, HKEX: 0800.HK), a global leader in autonomous driving technology, and Uber Technologies, Inc. (NYSE: UBER) today announced the launch of Level 4 fully driverless Robotaxi commercial operations in Abu Dhabi. This marks the first driverless deployment in the Middle East, as well as the first city outside… Continue reading Uber: WeRide and Uber Launch Middle East’s First Fully Driverless Robotaxi Commercial Operations in Abu Dhabi, UAE
Aviation Airbags Market to Reach $854.2 million, Globally, by 2034 at 8.2% CAGR : Allied Market Research
The aviation airbags market is primarily driven by the growing emphasis on passenger safety and regulatory mandates for in-flight safety systems. As air travel demand surges globally, airlines and aircraft manufacturers are increasingly integrating advanced safety features, including airbags, to enhance crash survivability. Technological advancements in seat-integrated airbag systems and rising commercial aircraft deliveries further… Continue reading Aviation Airbags Market to Reach $854.2 million, Globally, by 2034 at 8.2% CAGR : Allied Market Research
Raytron Introduces Automotive Thermal Camera for the Next Era of Driverless Trucks
YANTAI, China, Nov. 25, 2025 /PRNewswire/ — As the commercial vehicle sector accelerates towards intelligent and unmanned operations, trustworthy perception is the key to guaranteeing operational safety and efficiency. Raytron, a global leader in infrared thermal imaging technology, has unveiled advanced infrared thermal cameras for commercial vehicles, providing robust, wide-angle, and all-weather perception for next-generation robotrucks.… Continue reading Raytron Introduces Automotive Thermal Camera for the Next Era of Driverless Trucks
Uber’s robotaxi service in UAE now includes fully driverless vehicles
Transportation Autonomous Cars The robotaxis, which are designed by WeRide, will be restricted to Yas Island, a popular tourist destination in Abu Dhabi. The robotaxis, which are designed by WeRide, will be restricted to Yas Island, a popular tourist destination in Abu Dhabi. by Andrew J. Hawkins Nov 26, 2025, 7:00 AM UTC Andrew J.… Continue reading Uber’s robotaxi service in UAE now includes fully driverless vehicles
China’s Pony AI plans to triple global robotaxi fleet by the end of 2026
Chinese autonomous vehicle technology company Pony.ai said Tuesday it plans to triple the size of its robotaxi fleet by the end of next year as its pace of growth — and aspirations — accelerates. The company, which has about 961 robotaxis in the fleet today, announced the goal during its third-quarter earnings. Pony.ai is targeting… Continue reading China’s Pony AI plans to triple global robotaxi fleet by the end of 2026
Tesla AI4 vs. NVIDIA Thor: the brutal reality of self-driving computers
The race for autonomous driving has three fronts: software, hardware, and regulatory. For years, we’ve watched Tesla try to brute-force its way to “Full Self-Driving (FSD)” with its own custom hardware, while the rest of the automotive industry is increasingly lining up behind NVIDIA. Now that we know Tesla’s new AI5 chip is delayed and… Continue reading Tesla AI4 vs. NVIDIA Thor: the brutal reality of self-driving computers