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Source: Outrider Outrider today announced that it has raised $62 million in an oversubscribed Series D financing round. The provider of autonomous yard operations for logistics hubs said the funding will drive its operations as a service with Fortune 500 customers in 2025 and solidify its position as a leader in logistics automation. .”
Kodiak delivers freight daily for its customers across the southern United States using its autonomous technology. Source: Kodiak Robotics Kodiak Robotics Inc. It said it expects to support Atlas in further expanding its fleet in 2025. Kodiak said it expects the merger to close in the second half of 2025.
Source: Planzer Planzer, a Swiss logistics company, is partnering with autonomous technology start-up LOXO to roll out their first joint project. The country’s new Automated Vehicles ( AV ) Act 1 is expected to take effect in early 2025. A Volkswagen ID Buzz cargo van equipped with LOXO’s Digital Driver navigation software.
Source: Waabi Autonomous passenger vehicles have hit potholes over the past few years, with accidents leading to regulatory scrutiny, but investment in self-driving trucks has continued. Source: Waabi Technology leaders invest in self-driving trucks Waabi noted that top AI, automotive, and logistics enterprises were among its investors.
Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. By 2025, car ownership would join buggy whips as a symbol of transportation lore, he said.
On 1 February 2023, the Government announced the winners of its deployments competition, where seven successful projects from around the UK form the most advanced set of commercial, self-driving passenger and freight operations anywhere in the world. With a total funding of £28.5 Grant funding : £1.5 Partners: DRISK.AI Grant funding : £2.3
Learn about edge computing use cases in health care, automotive, manufacturing, asset management and retail. There are several existing edge uses cases that are expected to improve with a higher rollout of 5G in industries including health care, automotive, manufacturing, asset management and retail.
That drop came from a 1-cent downward move for polymer-grade propylene feedstock and from buyers taking back 3 cents in margin, according to market sources contacted by Plastics News. Since September, regional prices for polycarbonate are down an average of 11 cents per pound, according to sources contacted by PN.
Billion in Revenue with Adjusted EBITDA Margin of 10%-12% in 2025 Stratasys and Desktop Metal Reaffirm Previously Provided Guidance Companies to Host Conference Call to Discuss Transaction Today at 8:30 A.M. billion in 2025 revenue, with significant upside potential in a total addressable market of more than $100 billion by 2032.
While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry. Beyond the automotive industry, even the most basic household appliances are now wireless and connected. New companies may have limited resources and expertise necessary to overcome hurdles that may arise.
offers its autonomous driving platform on a range of vehicles, including all-electric passenger robotaxis and long-distance freight trucks. Source: Pony.ai 2025 marks the inaugural year of Pony.ais mass-produced robotaxis,” stated Dr. .” this week announced its seventh-generation autonomous driving system.
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