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Faraday Future Reports Financial Results for Fourth Quarter and Full Year 2024
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its fourth quarter and full year 2024, highlighted by securing two rounds of funding commitments in September and December 2024, a total of more than $70 million, to support its FF and FX strategic developments. FF also made significant progress...
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Thales se asocia con Cubic para lanzar soluciones eSIM de última generación para vehículos conectados
MEUDON, Francia--(BUSINESS WIRE)--Thales , líder mundial en tecnologías avanzadas, y Cubic , proveedor líder mundial de soluciones para vehículos definidos por software (SDV), anunciaron una colaboración para impulsar la innovación y simplificar la gestión de la conectividad. Con la plataforma de gestión eSIM de Thales , Cubic mejorará las capacidades de su solución eSIM para alinearse con los últimos estándares de GSMA, asegurando una conectividad global sin interrupciones en las industrias au...
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Luminar Collaborates With Caterpillar on Industrial Autonomous Solution
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced a collaboration with Caterpillar Inc. to integrate LiDAR technology into Caterpillar’s next generation autonomous solution. LiDAR, which stands for Light Detection and Ranging, is critical for navigation and obstacle detection in autonomous machines. LiDAR uses light in the form of a pulsed laser to continuously scan the surrounding environment and provide high-precision measurement...
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Thales und Cubic starten gemeinsam die nächste Generation von eSIM-Lösungen für vernetzte Fahrzeuge
MEUDON, Frankreich--(BUSINESS WIRE)--Thales , ein weltweit führender Anbieter von Spitzentechnologien, und Cubic , ein weltweit führender Anbieter von softwaredefinierten Fahrzeuglösungen (SDV), arbeiten künftig zusammen, um Innovationen voranzutreiben und das Konnektivitätsmanagement zu vereinfachen. Durch die Nutzung der eSIM-Management-Plattform von Thales wird Cubic seine eSIM-Lösungskapazitäten erweitern, um sie an die neuesten GSMA-Standards anzupassen und eine nahtlose globale Konnektivi...
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Aurora Releases Safety Report in Preparation for Driverless Trucking
PITTSBURGH--(BUSINESS WIRE)--Aurora Innovation (NASDAQ: AUR), the leader in autonomous trucking, released a thorough Driverless Safety Report that includes details on the company’s approach to safety engineering, cybersecurity, risk management, and more. Aurora is now in final preparations to launch its commercial self-driving trucking service in Texas. The Driverless Safety Report is part of Aurora’s commitment to safety transparency, and details when, where, why, and how the company’s product...
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JAXA Selects Spirent’s Industry-First Lunar PNT Simulation Solution to Support Lunar Navigation Program
PAIGNTON, England--(BUSINESS WIRE)--JAXA selects Spirent’s industry-first Lunar PNT simulation solution to support Lunar navigation program...
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Aeva Selected by Sensys Gatso in Australia for Secondary Speed Verification Solution
MOUNTAIN VIEW, Calif. & PORT MELBOURNE, Australia--(BUSINESS WIRE)--Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced that Sensys Gatso Australia has selected Aeva as its exclusive LiDAR supplier for secondary speed detection in its new mobile speed detection products used for enforcement solutions on public roads in Australia. Sensys Gatso’s industry-leading products include portable speed enforcement solutions that help address speeding problems...
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Volkswagen Group cooperates with Valeo and Mobileye to enhance driver assistance in future MQB vehicles
WOLFSBURG, Germany & JERUSALEM & PARIS--(BUSINESS WIRE)--Volkswagen Group will collaborate with Valeo and Mobileye on surround-sensing advanced driver assist....
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Faraday Future Secures New $41 Million Funding Commitment to Advance Faraday X (FX) and AI Strategic Upgrades
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company today announced that it has secured $41 million in new cash financing commitments. The Company expects to use the net proceeds to accelerate the Company’s growth and development, including for general corporate purposes, the continued advancement of the Company’s FX brand and the executio...
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Azuga Celebrates Two-Year Membership with the IoT Observatory, Driving Innovation in Telematics and Claims Management
FREMONT, Calif.--(BUSINESS WIRE)--Azuga, a leading provider of connected vehicle and fleet technologies, is proud to celebrate its two-year anniversary as a valued member of the IoT Observatory, having officially joined in 2023. This milestone underscores Azuga's commitment to advancing telematics solutions and its role as a thought leader in telematics adoption and claims management. Tom Erdman, Executive Vice President of Sales and Business Development explains, "Azuga formed its insurance te...