03:31 PM EST, 01/07/2025 (MT Newswires) -- (Updates with recent share price movement in the first paragraph.)
Aurora Innovation ( AUR ) shares were up 30% Tuesday afternoon after the autonomous driving technology company said it formed a long-term strategic partnership with Continental and Nvidia ( NVDA ) to deploy driverless trucks at scale using Nvidia's ( NVDA ) Drive Thor system-on-a-chip.
Aurora said Nvidia's ( NVDA ) Drive Thor and DriveOS will be integrated into the Aurora Driver, an SAE L4 self-driving system that Continental plans to mass manufacture in 2027.
Aurora said it is in the final stages of validating the Aurora Driver for driverless operations on public roads and plans to launch its driverless trucking service in Texas in April.
Production samples of Drive Thor are expected in the first half of 2025, Aurora said.
Price: 8.45, Change: +1.95, Percent Change: +30.00