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Kodiak to Go Public Through $2.5 Billion Merger with SPAC

Autonomous truck developer Kodiak Robotics announced this week that it will go public via a merger with Ares Acquisition Corporation II AACT 0.09%↑, a special purpose acquisition company (SPAC)....

Weekly Connected and Autonomous Vehicle News: Nuro Gets $106 Million

Connected and Autonomous Vehicles: 😮 Autonomous Driving Startup Nuro Raises $106M At $6B Valuation. “Nuro, a developer of autonomous driving technology and software, raised $106 million in...

Weekly Connected and Autonomous Vehicle News: Waymo Heading to DC

Connected and Autonomous Vehicles: 👍 Caterpillar Taps Luminar's Lidar for Self-Driving Construction Equipment. “Caterpillar CAT -0.24%↓ is adding lidar to its heavy-duty construction equipment after striking a deal with Luminar LAZR 7.75%↑ which...

Visual Navigation for Robots: Out of Stealth Tera AI Raises $7.8...

Coming out of stealth, Tera AI has announced that it has raised $7.8 million in a seed round to develop software known as zero-shot navigation for autonomous...

Weekly Connected and Autonomous Vehicle News

Photo:  Gatik. Connected and Autonomous Vehicles: 😮 GM Taps Nvidia to Boost Its Embattled Self-Driving Projects. “The automaker will use the deep-pocketed tech giant’s chips and software...

Waymo Gets Approval to Map San Francisco Airport

Waymo has won a 30-day permit to map roads at San Francisco International Airport (SFO). While the company won’t be allowed to carry public...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: 🙂 Waymo Expands its Robotaxi Service Across Silicon Valley. “The Waymo vehicles will be available around-the-clock, and the new territories add to the 55 square...

Trimble, Swift Navigation, Point One Integrate Positioning Solutions with STMicroelectronics’ New...

Trimble TRMB -2.59%↓ said it is collaborating with STMicroelectronics to deliver precise positioning solutions for automotive and IoT applications. Specifically, the company’s ProPoint Go, will work with the STMicroelectronics’ new Teseo VI GNSS...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: 🚗 Hyundai and Avride Team to Develop Robotaxi Fleet. “The collaboration will focus on the development of autonomous vehicles equipped with Avride’s driving...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: 🤔 Elon Musk's DOGE Comes for Agency That Regulates Autonomous Vehicles. “Elon Musk’s Department of Government Efficiency is firing nearly half...

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