Torc Robotics

Torc Robotics

Develops autonomous driving software for trucks

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 Rating Differentiation

Industries

Robotics & Automation

Automotive & Transportation

Company Size

501-1,000

Company Stage

M&A

Total Funding

N/A

Headquarters

Blacksburg, Virginia

Founded

2005

Overview

Torc Robotics develops software systems for self-driving trucks, focusing on Level 4 autonomous driving technology that allows trucks to operate without human intervention in specific conditions. Their technology enhances road safety and meets the logistics industry's growing demands. The company partners with major truck manufacturers like Daimler Trucks and collaborates with firms like Luminar Technologies to integrate advanced sensors into their systems. Unlike competitors, Torc Robotics emphasizes a combination of software and hardware solutions, providing ongoing support and updates to their clients. The goal is to improve efficiency and safety in freight transportation, positioning themselves as a leader in the autonomous vehicle market.

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Simplify's Take

What believers are saying

  • Torc's strategic focus on Texas aligns with major freight corridors, enhancing market penetration.
  • Partnership with Aeva improves safety and decision-making in autonomous trucks.
  • Expansion into Ann Arbor leverages automotive expertise, accelerating technology development.

What critics are saying

  • Increased competition from companies like Waymo could impact Torc's market share.
  • Delays in regulatory approvals may hinder Torc's commercial operations.
  • Reliance on partnerships like Daimler poses risks if these partnerships dissolve.

What makes Torc Robotics unique

  • Torc Robotics focuses on self-driving trucks, a niche in autonomous vehicle technology.
  • Their partnership with Daimler Trucks enhances their credibility and market access.
  • Torc's modular products allow rapid integration into various robotic systems.

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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

EE Journal
Jan 23rd, 2025
Autonomous Trucks Are Trucking Our Way!

by Max MaxfieldOn the one hand, the overly enthusiastic predictions for fully autonomous automobiles have, thus far, fallen somewhat behind schedule (sad face). On the other hand, it now looks like we will see fully autonomous trucks barreling down our interstate highways circa 2027 (happy face).The idea of autonomous automobiles has been around for longer than most people might think. For example, the concept of self-driving cars was showcased at the 1939 World’s Fair in New York as part of General Motor’s “Futurama” exhibit. This vision included automated highways and predicted autonomous cars “within the next 20 years.”As an aside, when Matt Groening and David X. Cohen created their animated series Futurama in 1999, they borrowed the name from the GM World’s Fair exhibit to reflect their show’s themes of futuristic technology and societal evolution.In 2004, the U.S. Department of Defense held the first DARPA Grand Challenge, sparking predictions that fully autonomous vehicles would be widely available “within the next 10 to 20 years.” (Didn’t someone just say that? It’s like déjà vu all over again!)And in 2015, whilst his attentions were still focused on advancing technology in the form of electronic vehicles and spaceships, the Tony Stark of irrational tweets (a.k.a

Road to Autonomy
Jan 21st, 2025
From Albuquerque to Texas: Torc Prepares for Commercial Operations

Looking ahead to 2027, Torc plans to launch commercial autonomous trucking operations in Texas.

FreightWaves
Jan 20th, 2025
Torc Robotics Starts 2025 With Revamped Strategy

Torc Robotics starts 2025 with revamped strategy(Photo: Torc Robotics)Virginia-based Torc Robotics, an independent subsidiary of Daimler Truck AG, is entering 2025 with a revamped growth strategy focused on building out an autonomous hub in Texas while expanding its software footprint in Michigan. The expansion did come with a cost, namely the loss of the original testing location in Albuquerque, New Mexico, and its technology hub in Stuttgart, Germany, which are winding down during the first half of 2025. Andrew Culhane, chief commercial officer at Torc Robotics, said in the release: “The Albuquerque and Stuttgart locations were critical for our development phases, as we tested on New Mexico highways and developed specifications for our product in Stuttgart. As we shift focus to testing on our launch lane from DFW to Laredo and developing a world-class team, we need to locate our resources in the areas that align with our future plans and lay the foundation for scaling the business to our customers’ needs,”The company also recently announced it had signed a leasing agreement for a facility that will serve as Torc’s autonomous truck hub in the Dallas-Fort Worth area. This location is part of Torc’s autonomous testing and customer freight pilots, ahead of plans for full commercialization in 2027.One reason Dallas-Forth Worth was chosen was its proximity to Laredo, Texas, a major freight route located along Interstate 35. The release notes, “Laredo is the largest economic port of entry in the US, with more than 15,000 truck crossings per day and $320B in total trade last year, opening up a prime opportunity for Torc’s growth.”Part of the expansion comes from a recent milestone last October, when Torc Robotics successfully completed a test of its autonomous truck without a driver in a multilane closed course. The test operated at speeds up to 65 mph with a Daimler Truck Freightliner Cascadia.Amazon goes Old World for new electric trucks(Photo: Mercedes-Benz Trucks/Amazon)Amazon recently placed an order for 200 new eActros600 trucks from Mercedes-Benz Trucks, adding to the 38 electric heavy goods vehicles (eHGVs) in operation in Europe

Torc Robotics
Jan 9th, 2025
Torc Takes CES 2025

Torc started 2025 - its 20th anniversary year - in a big way, by making a splash at CES in Las Vegas, January 7-10, 2025.

Trucking Dive
Jan 9th, 2025
Torc secures Dallas-Fort Worth lease for AV hub

Torc is preparing to launch a commercial AV lane from Dallas-Fort Worth to Laredo, Texas, as early as 2026 and recalibrating where its workforce is based.

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