Aurora Innovation

Aurora Innovation

Develops self-driving technology for vehicles

About Aurora Innovation

Simplify's Rating
Why Aurora Innovation is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Robotics & Automation

Automotive & Transportation

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Mountain View, California

Founded

2017

Overview

Aurora Innovation develops self-driving technology aimed at changing how transportation works. Their main product, the Aurora Driver, can be added to different types of vehicles to allow them to drive themselves, transporting both people and goods. Aurora works with various partners, including logistics companies and ridesharing services, to help bring this technology to market. They stand out from competitors by using advanced sensors, like their FirstLight Lidar, which helps their vehicles detect and understand their surroundings better than many others. Aurora's goal is to make transportation safer and more accessible for everyone.

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Simplify's Take

What believers are saying

  • Partnership with Nvidia enhances performance and scalability of driverless trucks.
  • Aurora's strategic partnership with Uber provides access to vast data for AI training.
  • Increased focus on safety frameworks boosts Aurora's industry recognition and credibility.

What critics are saying

  • Legal challenges with USDOT could delay deployment plans for Aurora.
  • Dependency on external technology partners may create supply chain vulnerabilities.
  • Intensifying competition from Waymo and Tesla could impact Aurora's market position.

What makes Aurora Innovation unique

  • Aurora's FirstLight Lidar offers superior range and speed in detecting surroundings.
  • Aurora's Safety Case Framework is pioneering in both trucks and passenger vehicles.
  • Aurora's Virtual Testing Suite ensures robust and reliable technology before deployment.

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Funding

Total Funding

$4243M

Above

Industry Average

Funded Over

6 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Medical, Vision, Life Insurance

Paid leave

Vacation, Holidays & Sick Time

LinkedIn Learning

Aurora Academy

401(k)

Commuter Benefits

Flexible Spending Account

Onsite Food

PerkSpot

Working from Home Support

Emotional & Physical Wellness

Employee Assistance Program

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

0%
ETF Daily News
Apr 12th, 2025
Arrowstreet Capital Limited Partnership Makes New $1.36 Million Investment in Aurora Innovation, Inc. (NASDAQ:AUR)

Arrowstreet Capital Limited Partnership makes new $1.36 million investment in Aurora Innovation, Inc. (NASDAQ:AUR).

FreightWaves
Mar 27th, 2025
Aurora Unveils Safety Blueprint Ahead Of Driverless Truck Debut

Aurora Innovation, a frontrunner in autonomous trucking technology, recently released its Driverless Safety Report, laying out its road map for deploying its self-driving trucks on public highways. The 75-page document, published ahead of the company’s planned commercial launch in Texas, is part of Aurora’s efforts to finalize a safety framework for its Dallas-to-Houston freight lane. Aurora describes the closing of its safety case as a critical step toward rolling out driverless operations.The Pittsburgh-based company claims to be the first to have developed a Safety Case Framework applicable to both trucks and passenger vehicles, adding the approach has gained traction among other autonomous vehicle developers. The framework, inspired by safety protocols in aviation and nuclear industries, offers a structured argument – backed by data – that its trucks can operate safely under defined conditions.Aurora’s safety ethos shapes everything from product design to corporate strategy, says Chief Safety Officer Nat Beuse.“At Aurora, our philosophy isn’t just safety first – it’s safety always,” said Beuse. “Our safety approach spans both product and organization, and in this report, we’ve shared a behind-the-scenes look into our safety systems. With the launch of the Aurora Driver, the world will experience driverless trucks safely delivering freight on public roads for the first time.”The company’s methodology includes extensive hazard analysis, safety requirement development, and a blend of real-world and virtual testing

HR Tech Wire
Feb 25th, 2025
Aurora to Present at Cantor Global Technology Conference

Aurora Innovation, Inc. (NASDAQ: AUR) today announced David Maday, Chief Financial Officer, will participate in a fireside chat at the Cantor Global Technology Conference on March 11, 2025 at 10:40 am Eastern Time.

The Trucker
Jan 13th, 2025
Aurora files suit against USDOT over rejection of cab-mounted warning beacons

WASHINGTON - Aurora Innovation has filed suit against the U.S. Department of Transportation (USDOT) and the Federal Motor Carrier Safety Administration (FMCSA) claiming the agency "arbitrarily" rejected the industry's idea for an alternative solution for modern roadside warning devices.

FreightWaves
Jan 10th, 2025
Autonomous Trucks Have A Triangle-Shaped Problem

The autonomous truck battle: Roadside cab-mounted beacons versus triangles(Photo: Jim Allen/FreightWaves)The question of roadside warning devices adds a triangle-shaped wrinkle to autonomous truck makers’ plans after the Federal Motor Carrier Safety Administration recently ruled that Aurora and Waymo did not provide enough data backing their request to ditch the traditional triangular road devices for cab-mounted warning beacons. Aurora and Waymo filed the petition in 2023 seeking a five-year exemption from the required placement of warning devices around stopped commercial motor vehicles (CMVs). Level 4 automated driving systems (ADS) have a unique issue if a roadside event occurs – namely that there would not be a person available to leave the vehicle and place warning devices, which can come in the form of fusees, liquid-burning flares or three bidirectional reflective triangles. For the FMCSA, one of the reasons behind the denial is that the cab-mounted warning beacons are only at the front of the truck, while the flares, fusees or reflective triangles are behind the trailer. In layman’s terms, the concern is that it’s harder to see. FMCSA Deputy Administrator Vinn White said in the denial notice: “One distinction between … warning triangles and the proposed beacons is that warning triangles are placed at the rear of a stopped CMV (in addition to the front), while the proposed beacons are located only at the front of the cab — raising the possibility that drivers see the rear of a stopped CMV before they see the beacons. While applicants contend that the beacons are visible from behind the vehicle, the evidence was inconclusive.”The same notice stated that Waymo commissioned a study to evaluate whether drivers could detect, recognize and respond to certain beacons on a closed test track in daylight and nighttime conditions while simulating a stopped CMV. The study compared driver reactions to cab-mounted warning beacons with reactions to warning triangles and found that the participants preferred the beacons over the triangles. Aurora also did a study observing the reactions of over 7,000 passenger vehicles to the presence of beacons versus warning triangles on public roads with unaware passing motorists traveling at highway speeds

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