George Gianarikas

Mark Delaney

Andres Sheppard-Slinger

Chris Pierce

Cole Couzens

Colin Rusch

David Vernon

Jeffrey Osborne

Aman Gupta

Andres Sheppard

Chris McNally

Douglas Dutton

Itay Michaeli

Nancy Hess

Ravi Shanker

Scott Group

- Aurora Innovation reported **$1.3 billion in liquidity** at the end of Q2, providing a financial runway until **Q2 2027**.  **[1828108_2162480_1]**  The company aims to achieve **positive free cash flow in 2028** and plans to be opportunistic with fundraising to maintain a long runway.  **[1828108_2162480_9]** 
- The company is currently operating driverless trucks on the **Dallas to Houston lane**, having surpassed **50,000 miles** in early September.  **[1828108_2162480_1]**  Key milestones for **2025** include increasing driverless miles, improving product capability to handle rain and heavy wind, and expanding to new lanes like Fort Worth to El Paso and Phoenix.  **[1828108_2162480_2]** 
- Aurora is transitioning its hardware strategy, with a **second-generation hardware kit** coming online in **2026** to scale to hundreds of trucks, and a **third-generation hardware kit** with Movio in **2027** to scale to thousands of trucks, eventually reaching a run rate of **tens of thousands** by the end of 2027.  **[1828108_2162480_1]** **[1828108_2162480_5]** 
- The long-term business model is **driver-as-a-service** with a pay-per-mile structure, where the Aurora Driver hardware cost is included in the per-mile fee, eliminating large upfront costs for customers.  **[1828108_2162480_1]** **[1828108_2162480_5]** 
- Aurora targets a **$50 billion Serviceable Addressable Market (SAM)** by **2028**, focusing on over-the-road routes between distribution centers and warehouses, with an expectation to operate in most of the U.S. by **2030**.  **[1828108_2162480_3]** **[1828108_2162480_6]**

Aurora Innovation Discusses Strategic Milestones and Financial Outlook

- Aurora Innovation, an autonomous trucking company, has achieved over **50,000 miles** in driverless operations on U.S. public roads and has a market cap approaching **$11 billion**.  **[1828108_2139356_0]** **[1828108_2139356_1]** 
- The company reported a strong financial position with **$1.3 billion** in cash and short-term investments at the end of last quarter, providing a cash runway into at least **Q2 2027**.  **[1828108_2139356_1]** 
- For **2025**, Aurora is focused on proving its technology promise by expanding operations to include rain and longer lanes, with plans to scale the business and generate meaningful revenue in **2026** and **2027** through the introduction of second and third-generation hardware.  **[1828108_2139356_1]** **[1828108_2139356_2]** **[1828108_2139356_5]** 
- Aurora expects to operate Volvo Trucks with its second-generation hardware later this year and expand operations throughout the Sun Belt in **2026**.  **[1828108_2139356_5]**

Aurora Innovation Provides Update on Driverless Operations and Future Plans

- Aurora Innovation is currently operating driverless trucks on public roads in the U.S., having recently surpassed **50,000 miles** as of the weekend prior to September 11, 2025.  **[1828108_2139343_1]** **[1828108_2139343_2]** 
- The company maintains a **strong financial position**, ending the last quarter with **$1.3 billion in cash and short-term investments**, which is projected to fund operations into at least the **second quarter of 2027**.  **[1828108_2139343_1]** 
- For the remainder of **2025**, the focus is on proving the technology promise, including operating in rain and on additional lanes. The company aims to **scale the business** in **2026 and 2027**, introducing second and third-generation hardware and generating meaningful revenue.  **[1828108_2139343_1]** **[1828108_2139343_5]** 
- Aurora expects to be operating throughout the **Sun Belt in 2026** and plans to begin operating Volvo Trucks with second-generation hardware later in **2025**.  **[1828108_2139343_5]**

Aurora Innovation Provides Update on Driverless Trucking Operations and Financial Position

- Aurora Innovation is actively operating **driverless trucks on public roads** in the U.S. and has recently surpassed **50,000 miles** in driverless operations.  **[1828108_2139312_0]** **[1828108_2139312_1]** 
- The company maintains a strong financial position, ending the last quarter with **$1.3 billion in cash and short-term investments**, which is projected to fund operations into at least **Q2 2027**.  **[1828108_2139312_1]** 
- For the remainder of **2025**, Aurora is focused on proving its technology by expanding operations to include **rainy conditions** and **additional lanes**, and plans to operate **Volvo Trucks** later this year.  **[1828108_2139312_1]** **[1828108_2139312_5]** 
- Looking ahead to **2026 and 2027**, the company aims to **scale its business**, introduce second and third-generation hardware, and generate **meaningful revenue**, with expectations to operate throughout the **Sun Belt in 2026**.  **[1828108_2139312_1]** **[1828108_2139312_5]**

Aurora Innovation discusses autonomous trucking progress and future plans

- Aurora Innovation (AUR) has surpassed **50,000 miles** in driverless operations on public roads, having expanded commercial driverless operations to a second lane and now operating day and night.  **[1828108_2139283_1]** 
- The company reported a strong financial position with **$1.3 billion** in cash and short-term investments at the end of the last quarter, providing a runway into at least **Q2 2027**.  **[1828108_2139283_1]** 
- Aurora plans to focus on proving its technology promise through the remainder of **2025** by enabling operations in rain and on additional lanes, with scaling the business and generating meaningful revenue targeted for **2026** and **2027**.  **[1828108_2139283_1]** **[1828108_2139283_5]** 
- The company asserts a multi-year lead in the autonomous trucking industry, with two hardware generations in development and one on the road, and anticipates operating throughout the Sun Belt by **2026**.  **[1828108_2139283_5]** **[1828108_2139283_6]**

Aurora Innovation provides update on driverless operations and financial position