Aurora Innovation Inc AUR

Technology Software - Application

Aurora Innovation, Inc. develops the Aurora Driver, which is designed as a platform to adapt and interoperate amongst a multitude of vehicle types and applications. The Company has integrated the Aurora Driver into numerous different vehicle platforms designed to meet its requirements: from passenger vehicles to light commercial vehicles to Class 8 trucks. By creating a common driver platform for multiple vehicle types and use cases. Its second core market focuses on passenger mobility, initially targeting the ride hailing space with Aurora Connect, its driverless ride hailing subscription service. The Aurora Driver will be delivered as a service via Aurora Horizon, its driverless trucking subscription service, and Aurora Connect, its driverless ride hailing subscription service. It also operates its self-driving test vehicle fleet in diverse weather and operating environments, across the Bay Area, Pittsburgh and Texas, allowing it to create a more robust self-driving system.

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Aurora Innovation Inc

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Post by whytestockson Aug 02, 2024 8:32pm

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Aurora Announces Closing of $483 Million Upsized Public Offe

BREAKING NEWS: $AUR Aurora Announces Closing of $483 Million Upsized Public Offering of Class A Common Stock and Full Exercise of Underwriters' Option to Purchase Additional SharesAurora Innovation, Inc. (Nasdaq: AUR) today announced the closing of its previously announced underwritten upsized public offering for total gross proceeds of approximately $483 million, before deducting underwriting discounts and commissions and other offering expenses. In the public offerin...AUR - Aurora Announces Closing of $483 Million Upsized Public Offering of Class A Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares

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