Newsroom | 2043 results
Sorted by: Latest
-
From Scarcity to Scale: DiffuseDrive Closes $3.5M to Define Physical AI for Automotive, Aerospace, Defense, and Robotics
SAN FRANCISCO--(BUSINESS WIRE)--DiffuseDrive, a next-generation physical AI company, announced a double milestone today, raising $3.5 million in seed funding and multiple successful deployments with Fortune 500 companies. The company’s breakthrough generative AI platform turns data scarcity into data abundance automating photorealistic content in hours giving enterprises a competitive edge. Founders Balint Pasztor and Roland Pinter, vision AI experts, relocated from Hungary to the Silicon Valle...
-
SiLC Technologies Unveils First Public Demonstration of Revolutionary Class 1 Laser Line Scanner at Automate 2025
DETROIT--(BUSINESS WIRE)--SiLC Technologies is showcasing Eyeonic Trace this week at Automate 2025....
-
Aeva Announces First Strategic Customers for High-Precision Industrial Automation Sensors
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced the first orders for its Aeva Eve™ 1 line of high-precision sensors for high-volume and inline industrial automation applications. Since recently announcing the product line, Aeva has received its first purchase orders for more than 1,000 sensors through collaborations with industry leaders including SICK AG and LMI Technologies. These early engagements refle...
-
Knightscope Joins AUVSI to Advance Autonomous Systems Policy
SUNNYVALE, Calif.--(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 devoted to the advancement of uncrewed systems and robotics, and Knightscope’s new membership underscores the Company’s commitment to national leadership in autonomous security innov...
-
Faraday Future Reports Financial Results for First Quarter 2025
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 first quarter 2025, highlighted by several key metrics that highlight both the Company’s operational execution and financial position and also its significant progress in its FX brand and product development. It also provided an update on su...
-
Aurora Announces First Quarter 2025 Results
PITTSBURGH--(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, co-founder and CEO of Aurora. “We are the first company to operate commercial driverless heavy-duty tru...
-
AEye Reports First Quarter 2025 Results
PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the first quarter ended March 31, 2025. Recent Business Highlights The Apollo manufacturing line at LITEON is now operational, with B-sample deliveries to automotive OEMs expected during the second quarter 2025 Reached final test stage of Apollo’s integration into NVIDIA’s DRIVE platform, positioning Apollo for widespread adoption in ADAS...
-
Merlin Progresses Flight Test Campaign of Certification-Ready Aircraft
BOSTON--(BUSINESS WIRE)--Merlin, the leading developer of assured autonomous flight technology for fixed-wing aircraft, today announced it’s rapidly progressing the flight test campaign of its certification-ready Cessna Caravan. Conducted at Quonset State Airport in Rhode Island, the ongoing flight tests highlight the technical maturation of the Merlin Pilot system, validating its ability to meet the autonomy requirements of fixed-wing platforms—including the C-130J and KC-135 to support Merlin...
-
Continental Reaches 200 Million Radar Milestone for Greater Safety and the Mobility of Tomorrow
AUBURN HILLS, Mich.--(BUSINESS WIRE)--Continental has set a milestone and is celebrating the production of 200 million radar sensors. This impressive number of produced radars reflects the company’s leading position with more than 20 percent market share in essential safety technology components for the automotive sector. It also highlights an important mobility trend: the accelerated development of advanced driver assistance systems (ADAS) toward automated and future autonomous driving. Betwee...
-
Ouster to Supply Lidar Sensors for Komatsu’s Suite of Autonomous Offerings
SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (Nasdaq: OUST) (“Ouster” or the “Company”), a global provider of high-performance lidar sensors and software solutions, and Komatsu, a leading manufacturer of construction, mining, forestry and industrial heavy equipment, announced today that Ouster will be the lidar supplier for Komatsu’s suite of autonomous mining equipment offerings. The two companies signed a multimillion-dollar agreement to equip Komatsu’s equipment with advanced 3D digital lida...