Torc Robotics

Torc Robotics

Autonomous truck software for Level 4

Overview

Torc Robotics builds software for autonomous trucks, aiming to enable Level 4 self-driving capabilities for freight transport. They develop driving systems that let heavy trucks operate autonomously under certain conditions, and they work with truck manufacturers and fleet operators to bring these solutions to market. The company integrates sensors from partners (such as Luminar Technologies) and provides ongoing updates and support to ensure reliability and performance. Unlike more general AV players, Torc focuses on commercial trucking and leverages strategic partnerships (for example with Daimler Trucks) to integrate its software into production vehicles and fleets. Its goal is to improve road safety and freight efficiency by deploying scalable, commercial autonomous trucking solutions.

About Torc Robotics

Simplify's Rating
Why Torc Robotics is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Robotics & Automation

Automotive & Transportation

Enterprise Software

AI & Machine Learning

Company Size

501-1,000

Company Stage

M&A

Total Funding

N/A

Headquarters

Blacksburg, Virginia

Founded

2005

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Simplify's Take

What believers are saying

  • May 6, 2026 Aeva delivered LiDAR C-samples for series-production Cascadias.
  • May 12, 2026 hired Tobias Wessels as CFO for scaling.
  • February 24, 2026 Michigan road testing expanded validation across seasonal conditions.

What critics are saying

  • Torc headcount fell to 1,131 in 2025, signaling prolonged execution pressure.
  • Howland v. Torc Robotics filed August 12, 2025 keeps legal distraction alive.
  • If Daimler Truck cancels 2027 ramp, Torc loses its only commercial path.

What makes Torc Robotics unique

  • Daimler Truck owns Torc, giving Freightliner Cascadia access and production paths.
  • Torc runs public-road tests in Michigan, Blacksburg, and Dallas-Fort Worth.
  • Torc sells integrated software and Mission Control, not retrofitted hardware.

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Benefits

A competitive compensation package that includes a bonus component and stock options

100% paid medical, dental, and vision premiums for full-time employees

401K plan with a 6% employer match

Flexibility in schedule and generous paid vacation (available immediately after start date)

Company-wide holiday office closures

AD+D and Life Insurance

Company News

Truck News
May 25th, 2026
Trucking announcements: Wessels named CFO at Torc; vps hired at Di-Mond, Harbor Logistics.

Trucking announcements: Wessels named CFO at Torc; vps hired at Di-Mond, Harbor Logistics. Each week, trucknews.com lists notable events, promotions and awards in the trucking industry. This week, Torc Robotics named Tobias Wessels its chief financial officer (CFO) and Phillips 66 appointed Greg Hayes as lead independent director. Di-Mond Trailers and Truck Bodies has hired Dave Steane vice president of sales, while Harbor Logistics welcomed two new members to its leadership team, adding Park Williams as senior vice president of sales, and Jeff Martin as vice president of transportation. Torc Robotics names Wessels as CFO. Torc Robotics has named Tobias Wessels as CFO as the company continues preparing for commercial deployment of Level 4 autonomous trucks in the U.S., according to a news release. He brings more than 20 years of financial and operational leadership experience across the autonomous vehicle, AI and technology sectors. Before joining Torc, Wessels served as chief development officer at Helm.ai, where he oversaw finance, corporate development and international expansion efforts, including partnerships with Volkswagen Group. He also previously served as chief corporate development officer at autonomous delivery company Udelv and earlier worked as CFO of X, Alphabet's moonshot development division, where he helped support projects that later evolved into Waymo. "Tobias brings a rare combination of deep technical understanding and financial rigor, shaped by experience at the forefront of autonomy and AI," said Peter Vaughan Schmidt, CEO of Torc. "As we continue to scale our operations, his leadership will be instrumental in strengthening our financial strategy, enhancing operational discipline, and positioning Torc for long-term success." Phillips 66 appoints lead independent director. Greg Hayes has been appointed as lead independent director of Phillips 66's board of directors, the company announced after the retirement of Glenn Tilton and Marna Whittington from the board. Hayes succeeds Tilton, who previously served as lead independent director, and Doug Terreson will succeed Whittington as chairman of the audit and finance committee. "We are pleased to have Greg step into the role of Lead Independent Director," said Mark Lashier, chairman and CEO of Phillips 66. "His distinguished leadership experience and deep knowledge of Phillips 66 position him well for this responsibility." Di-Mond welcomes vice president of sales. Canadian trailer manufacturer Di-Mond Trailers and Truck Bodies has named Dave Steane vice president of sales. In this role, Stane will oversee sales operations and distribution channels across North America as the company looks to expand its footprint. Prior to joining Di-Mond, he served as regional sales manager at OrangeEV, where he worked on sustainability-focused transportation sales and account management. Stane also spent seven years with Peterbilt as an account manager in Mississauga, Ont. Earlier in his career, he served as specialist, truck and equipment, at Element Fleet Management, among other roles in the industry. Overall, he brings more than 30 years of transportation experience to the new role. "We are thrilled to welcome Dave to our executive team. Dave's deep industry experience and proven track record of scaling teams make him the perfect fit as we enter our next phase of expansion," said Chris Di Lillo, CEO of Di-Mond, in the release. Harbor Logistics hires VPs of transportation, sales. Harbor Logistics has appointed two transportation and supply chain executives to its leadership team, naming Park Williams senior vice president of sales and Jeff Martin vice president of transportation. Williams will lead enterprise sales, revenue development and customer growth initiatives across Harbor's service portfolio. He brings more than 20 years of experience in logistics, supply chain strategy and business development, previously holding sales and operations roles with Mallory Alexander, GXO Logistics and PSA BDP, where he led business development and sales efforts across North and Latin America. Martin, meanwhile, joins the company with experience in leading transportation and fleet operations across multiple industries, the company said in the release. In his new role, he will oversee Harbor's transportation operations, including compliance, operational performance, driver development and network growth. Prior to joining the company, Martin held leadership positions with Kenan Advantage Group, Trimac Transportation, Maines Paper & Foodservice, Rite Aid and Panera Bread. He managed multi-site transportation networks, led operational integrations and implemented performance initiatives throughout his career. "Park and Jeff each bring a tremendous depth of operational and industry experience that aligns well with where Harbor Logistics is headed as a company," said Scott Auslund, CEO of Harbor Logistics, in the release. "Park has a strong track record of building relationships and a practical, end-to-end understanding of customer supply chain challenges, while Jeff has consistently led complex transportation operations with a focus on performance, safety and team development. We're excited to welcome both of them to Harbor." Krystyna Shchedrina's work has been focusing on transportation and logistics since 2022, and she is an honors graduate of the journalism bachelor program at Humber College. Reach Krystyna at: [email protected] Have your say This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

Metric Media LLC
May 19th, 2026
Ann Arbor SPARK honors regional leaders and companies at annual meeting awards ceremony.

Ann Arbor SPARK honors regional leaders and companies at annual meeting awards ceremony. May 19, 2026 Nearly 400 business, government, academic, and community leaders gathered at Eastern Michigan University's Student Center for Ann Arbor SPARK's Annual Meeting on May 19. The event recognized individuals and organizations whose leadership has helped shape economic opportunity in Washtenaw County and the greater Ann Arbor region. The gathering highlighted Ann Arbor SPARK's achievements in entrepreneurship, business growth, talent development, and regional investment during 2025. Five awards were presented to honor contributions across multiple areas of the local economy. Paul Krutko, president and CEO of Ann Arbor SPARK, said: "This event is an opportunity to reflect on the partnerships, innovation, and leadership that continue to move our region forward. This year's honorees represent the very best of what makes the Ann Arbor region unique - visionary leadership, entrepreneurial success, industry innovation, and a deep commitment to building opportunity for others." Michael Cole received Volunteer of the Year for his long-standing service supporting startups through roles such as President of the Technology Industry Group at Bank of Ann Arbor and involvement with organizations like Ann Arbor Angels. Akadeum Life Sciences was named Entrepreneurial Services Company of the Year for its work developing cell separation technologies used by researchers worldwide. Torc Robotics earned Business Development Project of the Year after expanding its engineering operations focused on artificial intelligence and autonomous vehicles in Washtenaw County. The Economic Impact Award went to American Center for Mobility (ACM) as it marks its tenth anniversary operating a major connected vehicle testing campus at Willow Run in Ypsilanti Township. Don Remboski accepted ACM's award alongside Governor Rick Snyder. Dr. Stephen Forrest received the Legend Award recognizing his role as former University of Michigan Vice President for Research and as a founding board chair who helped establish Ann Arbor SPARK. Attendees also heard from keynote speaker Julie Wagner from The Global Institute on Innovation Districts about global competitiveness strategies. A tribute honored Dick Sarns' legacy as one of Ann Arbor's earliest technology entrepreneurs whose innovations impacted heart surgery practices globally. Sponsors supporting this year's event included the Ann Arbor Area Community Foundation, DTE, Michigan Economic Development Corporation, and Toyota.

Torc Robotics
May 14th, 2026
ACT Expo 2026 recap: two Torc trucks are better than one.

ACT Expo 2026 recap: two Torc trucks are better than one. ACT Expo 2026 once again brought together the most influential voices in commercial transportation in Las Vegas. As North America's largest advanced transportation technology event, the May 4-7 event served as a key meeting point where innovation, policy, and real-world deployment converged. Torc trucks were front in center in not one booth, but two. Penske Transportation Solutions and Torc's parent company, Daimler Truck, were both event presenting sponsors, and each took the opportunity to showcase Torc autonomous-ready Freightliner Cascadia vehicles, featuring TorcDrive, in their booths. "I think the hurdles have shifted," said Peter Vaughan Schmidt, Torc CEO, during the Virtual Driver Revolutionizing Trucking and Logistics panel on Tuesday, May 5. "In the past, it was really proving that your technology is really working. And as things come together both with compute and with range and end to end AI, I think the real hurdle is proving to customers that it seamlessly fits and provides a better fit for them - that you can run autonomous trucks from point to point, not just hub to hub." Watch the full session here: "We are the only ones that actually run on production-intent hardware and software. That's needed for scale... at low cost, high quality and high volume," said Peter. "That's our race to produce a safe and scalable product for our customers." The 2026 event spotlighted the technologies shaping the future of fleets, including autonomous vehicles, battery-electric, hydrogen fuel cell, and near-zero emissions solutions, along with the infrastructure and software required to scale them. Industry leaders, OEMs, fleet operators, utilities, and policymakers shared insights focused on accelerating the transition to cleaner, more efficient transportation. Beyond the exhibit hall, ACT Expo 2026 offered in-depth educational sessions covering total cost of ownership, charging and fueling strategies, regulatory updates, and real-world case studies from fleets already leading the transition. With collaboration and innovation at its core, ACT Expo 2026 helped fleets conceptualize and jumpstart the move from ambition to action, and Torc was there as a physical representation of that action, twice over.

Associated Press
May 12th, 2026
Torc Robotics appoints Tobias Wessels as CFO ahead of Level 4 autonomous truck deployment

Torc Robotics has appointed Tobias Wessels as Chief Financial Officer as the autonomous trucking company advances towards commercial deployment of Level 4 autonomous trucks on US highways. Wessels brings over 20 years of experience in autonomous vehicles, AI and deep-tech sectors. He joins from Helm.ai, where he served as Chief Development Officer leading finance, corporate development and international expansion. Previously, he was Chief Corporate Development Officer at Udelv and CFO of X, Alphabet's moonshot factory, where he helped establish the financial foundation for what became Waymo. Torc, an independent subsidiary of Daimler Truck, operates engineering facilities in Blacksburg, Ann Arbor and Montreal, plus a fleet operations centre in Dallas-Fort Worth. Wessels will support the company's operational scaling and long-term strategic initiatives.

Automotive World
May 4th, 2026
Daimler Truck marks 130 years with Forward campaign.

Daimler Truck marks 130 years with Forward campaign. The 130 Years of Forward campaign ties Daimler Truck's anniversary to its current decarbonisation and digital strategy * May 4, 2026 Daimler Truck has launched a year-long global campaign, "130 Years of Forward", marking 130 years since Gottlieb Daimler built the first motorised truck in 1896. The campaign reframes the truckmaker's heritage around its current strategy of decarbonising commercial transport, digitalising vehicles and services, and expanding partnerships across the industry. Daimler Truck employs around 100,000 people globally and held a 35% share of medium- and heavy-duty battery-electric truck sales in Europe in 2025. Its model line includes the Mercedes-Benz eActros 600 battery-electric truck, the diesel Mercedes-Benz Actros L in Europe, and the Freightliner Cascadia in North America. In a statement, Karin Rådström, President and Chief Executive of Daimler Truck, said: "From Gottlieb Daimler's pioneering invention in 1896 to a global leader in trucking today, Daimler Truck has always been driven by the courage to move forward. By decarbonising transportation, digitalising our vehicles and services, we are focused on what truly matters: enabling our customers to keep the world moving." The strategy follows a dual-track approach combining battery-electric models like the eActros 600 with the hydrogen-powered Mercedes-Benz NextGenH2 Truck. Partnerships include the Coretura joint venture with Volvo Group on software-defined vehicles, cellcentric with Volvo Group and Toyota on fuel cells, and Torc Robotics on autonomous driving.

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