Wednesday - May 28, 2025
Tech breakthroughs lead to first nomination with new customer ahead of 2028 production JERUSALEM / May 28, 2025 / Business Wire / For the first time, a leading global automaker has chosen Mobileye Imaging Radar™ as a key component of its upcoming eyes-off, hands-off automated driving system in personal vehicles, following an extensive years-long... Read more
RIYADH, Saudi Arabia, May 27, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, today announced its expansion into Saudi Arabia, marking a significant step in its global growth strategy. As part of its market entry, the company has launched testing or deployment of its Robotaxis and other core autonomous driving products in cities like Riyadh and AlUla, setting the... Read more
DUBAI, UAE, May 26, 2025 /PRNewswire/ -- Pony.ai (NASDAQ: PONY) today announces that it has entered a Memorandum of Understanding (MoU) with Dubai's Roads and Transport Authority (RTA) to deploy its advanced robotaxi fleet in the region. The collaboration underscores Pony.ai's commitment to advancing autonomous driving technology in one of the world's... Read more
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader in autonomous driving technology, today announced its unaudited financial results for the three months ended March 31, 2025. Recent Highlights WeRide accelerates global commercialization of its autonomous driving services, moving toward scalable operations with additional deployments in... Read more
IonQ and Einride will collaborate to develop quantum solutions for fleet routing, logistics optimization, and supply chain solutions IonQ’s investment will grow its European presence and reinforce commitment to building a quantum economy in Sweden and the European market COLLEGE PARK, Md. / May 20, 2025 / Business Wire / IonQ (NYSE: IONQ), a leading... Read more
GUANGZHOU, China, May 20, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, has signed an expanded strategic cooperation agreement with Tencent Cloud to support WeRide’s autonomous driving R&D efforts, Robotaxi commercialization and expansion into international markets. (WeRide signs expanded strategic cooperation agreement with Tencent Cloud to support WeRide’s... Read more
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced its unaudited financial results for the first quarter ended March 31, 2025. Dr. James Peng, Co-founder and Chief Executive Officer of Pony.ai, commented, “2025 is the year of scaling up for Pony.ai and we embraced it... Read more
The agreement with StreamRail, a Chinese leader in rail transit technologies, aims to enhance safety and operational efficiency for urban rail transit systems Ness Ziona, Israel, May 19, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced today the signing of a... Read more
ABU DHABI, United Arab Emirates, May 16, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, today announced the launch of fully driverless Robotaxi trial operations in Abu Dhabi – the first deployment of its kind in the Middle East. Starting this quarter, a fleet of WeRide’s Robotaxis will be piloted on public roads without a safety driver, marking a major milestone in... Read more
GUANGZHOU, China, May 14, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, has introduced eight autonomous Robotaxi pilot operation routes in central Guangzhou, establishing China's first 24-hour autonomous ride-hailing network covering the core areas of a Tier 1 city. This marks a significant step toward the... Read more
The parties will engage in a POC project to improve urban transit safety through precision curb detection system Ness Ziona, Israel, May 14, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced today the signing of an agreement for proof of concept (POC) project with a global... Read more
Record revenues and gross margins showcase the Company's progress toward achieving full-year targets and long-term goals Accelerating LiDAR shipments to Volkswagen Autonomous Mobility for ID. Buzz AD on the Mobileye Drive™ platform ahead of fleet deployments by MOIA and Uber; Fabrinet partnership to support volume production Expansion of NRE payment plan to approximately $95M underscores customer commitment to... Read more
Enhanced engagement supports VW's upcoming expansion of level 4 autonomous shuttle operations across selected cities in Europe and the United States Hundreds of ID. Buzz AD shuttles will be equipped with a newly designed suite of Innoviz LiDARs in 2025 ahead of 2026 fleet deployment Volkswagen Autonomous Mobility, with its brand MOIA, will... Read more
Public Safety Innovator Schedules Town Hall to Review First Quarter 2025 Earnings SUNNYVALE, Calif. / May 09, 2025 / Business Wire / Knightscope, Inc. (NASDAQ: KSCP), a leader in developing autonomous security robots and artificial intelligence technologies, announced today that it has joined the Association for Uncrewed Vehicle Systems International (AUVSI). AUVSI is the world’s largest nonprofit organization... Read more
PITTSBURGH / May 08, 2025 / Business Wire / Aurora Innovation, Inc. (NASDAQ: AUR) today announced its first quarter 2025 results. Aurora’s shareholder letter and financial results are available on its investor relations website at ir.aurora.tech. “Aurora’s self-driving trucks are now hauling commercial freight on Texas roads. Autonomous freight is no longer just a vision, it’s a reality,” said Chris Urmson,... Read more
Successfully built and deployed 250 new third-generation robots, enhancing operational scale and efficiency Continued geographic expansion into Miami and Dallas metros; Atlanta launch on track First quarter revenue of $440 thousand, a 150% increase versus Q4 2024 Unlocking the value of Serve’s software and data platform; recurring revenue generation expected in Q2 Strengthened balance sheet with $91.5 million... Read more
GUANGZHOU, China and SAN FRANCISCO, May 6, 2025 /PRNewswire/ -- Pony AI Inc. ("Pony.ai") (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, and Uber Technologies, Inc. ("Uber") (NYSE: UBER), today announced a strategic partnership to deploy Pony.ai's Robotaxis onto the Uber platform. The partnership is expected to first launch in a key market in the Middle East later... Read more
Extension of NRE payment plan announced in December 2024 increases the potential cash payments expected in 2025-2027, further bolstering financial position TEL AVIV, Israel, May 6, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, today announced an... Read more
Partnership leverages growing resources in the Kingdom of Saudi Arabia to advance key areas in Lucid's technology roadmap while progressing the country's vision for sustainable mobility KING ABDULLAH ECONOMIC CITY, Saudi Arabia, May 5, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, and... Read more
SAN FRANCISCO & BEIJING / May 02, 2025 / Business Wire / Uber Technologies, Inc. (NYSE: UBER) and Momenta today announced a strategic agreement to introduce autonomous vehicles to the Uber platform, in international markets outside of the US and China. First deployment for the partnership will take place in Europe at the beginning of 2026, with onboard safety operators. By combining Uber's ridesharing network... Read more
WeRide launches paid commercial Level-4 robobus service in central Guangzhou GUANGZHOU, China, May 02, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, has launched a paid commercial service with its Level-4 robobus in central Guangzhou. This marks the city's first fare-charging autonomous bus line in its downtown core — a significant step toward mass... Read more
Arlington, Texas identified as first city to launch May Mobility AVs on the Uber platform later this year The companies aim to quickly scale AV use for ride-hail The news signals May Mobility’s growing leadership as an Autonomy-as-a-Service (AaaS) platform of choice SAN FRANCISCO & ANN ARBOR, Mich. / May 01, 2025 / Business Wire / Uber... Read more
With roundtrip driverless hauls between Dallas and Houston occurring on a regular basis, the company is the first to deploy a self-driving class 8 trucking service in the U.S. DALLAS / May 01, 2025 / Business Wire / Aurora Innovation, Inc. (NASDAQ: AUR) has successfully launched its commercial self-driving trucking service in Texas. Following the closure of its safety case, Aurora began regular driverless... Read more
GUANGZHOU, China, April 30, 2025 (GLOBE NEWSWIRE) -- The unveiling ceremony for Guangzhou Nansha District's Autonomous Driving Test Base and Smart Transportation Demonstration Zone was held today in Mingzhu Bay. At the event, WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, received the district's first batch of driverless road... Read more
All-new Vanquish Autonomous is designed to improve productivity and profitability WAUKESHA, Wis., April 28, 2025 /PRNewswire/ -- Mean Green, a leading battery-powered, commercial-grade turf care manufacturer and a Generac Power Systems (NYSE: GNRC) company, today announced the expansion of its commercial-grade electric mower lineup with its all-new... Read more
SHANGHAI, China, April 25, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, announced a strategic partnership with Tencent Cloud and Smart Industries Group ("CSIG", or the "Tencent Cloud"), the cloud business of Tencent Holding Limited (HKEX: 00700, “Tencent”), a world-leading Internet and technology... Read more
Volkswagen and Uber to deploy the ID. Buzz AD on the Uber platform in multiple U.S. markets, starting in Los Angeles Testing of the ID. Buzz AD will begin in late 2025, with plans to offer rides on the Uber platform in 2026 MOIA, a Volkswagen AG brand, will provide its solution for autonomous driving for the deployment on the Uber platform BELMONT, Calif. & SAN FRANCISCO / Apr 24, 2025 / Business Wire /... Read more
Revenue of $438 million in the first quarter, which was an 83% year over year increase compared to Q1 2024, a period that was impacted by a significant drawdown of inventory at our Tier 1 customers. Diluted EPS (GAAP) was $(0.13) and Adjusted Diluted EPS (Non-GAAP) was $0.08 in the first quarter. Business development activity was strong in Q1, including first Surround ADAS design win, acceleration in the... Read more
SHANGHAI, China, April 23, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today unveiled its seventh-generation autonomous driving system alongside the first public showcase of the Robotaxi lineup with Toyota, BAIC and GAC at the Shanghai... Read more
Innoviz has selected Fabrinet as its manufacturing partner for the InnovizTwo LiDAR platform Fabrinet's expertise in automotive-grade manufacturing will enable Innoviz to scale production to volume efficiently and cost-effectively Fabrinet's facility has passed rigorous audits by several global leading automotive OEMs TEL AVIV, Israel, April 22, 2025 /PRNewswire/ -- Innoviz Technologies... Read more
SHANGHAI, April 21, 2025 /PRNewswire/ -- Hesai Group (Nasdaq: HSAI), a global leader in lidar technology, officially launched its groundbreaking lidar solution for L2 to L4 autonomous driving - Infinity Eye - along with three next-generation automotive-grade lidar products: the ETX ultra-long-range lidar, the AT1440 ultra-high-definition lidar, and the FTX... Read more
The global drone inspection and monitoring market is projected to reach $21.3 billion by 2027, driven by demand in industries such as oil and gas, mining, critical infrastructure, and manufacturing. Revenues from the commercialization of the jointly developed technology may reach up to $32 million by 2031 Ness Ziona, Israel, April 10, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq... Read more
Tampa, FL, April 09, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (“Draganfly” or the “Company”), an industry-leading developer of drone solutions and systems, is pleased to have been selected as the primary UAS provider by Balko Technologies, an industry-leading company specializing in the design and manufacture of high-performance LiDAR payloads... Read more
NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced it has received a permit from Luxembourg’s Ministry of Mobility and Public Works to begin Level 4 (L4) Robotaxi testing. This pivotal milestone comes as... Read more
DALLAS, April 03, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (“Serve”) (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the launch of its service in the Dallas-Fort Worth metro area. This strategic expansion, in continued partnership with Uber Eats—the delivery platform of Uber Technologies Inc. (NYSE: UBER)— represents a... Read more
Optimized optical path collaboration to be used on select production programs based on the Mobileye EyeQ™6 High system-on-chip. HOD HASHARON, Israel, April 2, 2025 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN) ('Valens'), a leader in high-performance connectivity, announced today that Valens' VA7000 MIPI A-PHY-compliant chipsets will form the... Read more
Ra’anana, Israel, March 31, 2025 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), an early commercialization stage technology company seeking to revolutionize railway safety and the data-related market, today announced its financial results for the second half and full year ended December 31, 2024. The Company reported significant revenue growth and operational progress,... Read more
SHENZHEN, China, March 28, 2025 /PRNewswire/ -- Pony.ai (NASDAQ: PONY) became the first company authorized to operate paid fully-driverless robotaxis in Shenzhen's Nanshan District on March 27, marking a milestone as the city's inaugural permit for paid autonomous ride-hailing services within its city centers. The company further solidifies its leadership by expanding commercial operations to connect Nanshan... Read more
SHENZHEN, China, March 27, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced that it has received the license to provide fully driverless commercial Robotaxi services in Shenzhen’s Nanshan District. This milestone follows the successful launch of its paid robotaxi services in the... Read more
PARIS, March 27, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a world leader in autonomous driving technology, announced that the company, in partnership with the leading French autonomous mobility network operator beti, has obtained France’s Level-4 driverless public road testing and operating permit. This makes WeRide the first and only technology company worldwide to hold driverless permits across five... Read more
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