{"id":689596,"date":"2022-09-28T07:03:33","date_gmt":"2022-09-28T11:03:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\/"},"modified":"2022-09-28T07:03:33","modified_gmt":"2022-09-28T11:03:33","slug":"aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\/","title":{"rendered":"Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; Investor Day"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistcircle { list-style-type: circle }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; Investor Day<\/b><\/p>\n<p class=\"bwalignc\"><i>Company nears Feature Complete milestone; demonstrates advanced road capabilities and outlines framework to measure progress toward autonomy readiness<\/i><\/p>\n<p>DALLAS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nToday, Aurora Innovation, Inc. (NASDAQ: AUR) is holding its 2022 Analyst &amp; Investor Day at its autonomous trucking terminal in Dallas. At the event, executives will share details of Aurora\u2019s progress toward the commercial launch of its autonomous trucking service, Aurora Horizon. In addition, attendees will experience Aurora Driver-operated autonomous truck rides along Texas Interstate 45 around Dallas and from Dallas to Houston.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20220928005409\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220928005409\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220928005409\/en\/1585209\/4\/Aurora-2022-Analyst_Day-Press_Release-Image-V1-Shifted.jpg\" alt=\"Aurora Horizon Product Roadmap, Q3 2022: Nearing the Feature Complete milestone. (Photo: Aurora)\" \/><\/p>\n<p style=\"font-size:85%\">Aurora Horizon Product Roadmap, Q3 2022: Nearing the Feature Complete milestone. (Photo: Aurora)<\/p>\n<\/div>\n<p><b>Reporting progress of critical milestones<\/b><\/p>\n<p>\nThe <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Faurora.tech%2Fblog%2Funveiling-our-aurora-horizon-product-roadmap&amp;esheet=52928499&amp;newsitemid=20220928005409&amp;lan=en-US&amp;anchor=Aurora+Horizon+roadmap+to+launch&amp;index=1&amp;md5=4cb37f6f69e2361c088106f7ec551198\">Aurora Horizon roadmap to launch<\/a> outlines key milestones toward delivering a safe, scalable self-driving product for trucking fleets. To close out Q3, today Aurora announced the release of Aurora Driver Beta 4.0 and outlined its Autonomy Readiness Measure, the framework the company committed to sharing, which will enable all stakeholders to measure Aurora\u2019s progress toward the launch of its commercial trucking service, Aurora Horizon.\n<\/p>\n<p>\n\u201cWe\u2019re making tremendous progress across our technology, pilots, operations, and vehicle platforms, and we\u2019re excited to share these advancements with our analyst and investor community,\u201d said Chris Urmson, CEO and co-founder of Aurora. \u201cWe remain focused on launching a safe and scalable product and will continue to hold ourselves to the highest standards for autonomy performance and commercial readiness.\u201d\n<\/p>\n<p><b>Aurora Driver Beta 4.0: Nearing Feature Complete<\/b><\/p>\n<p>\nThe release of Aurora Driver Beta 4.0 continues to progress the Aurora Driver toward commercial readiness. The technical advancements will enable the Aurora Driver to autonomously handle unexpected obstacles that vehicles can face on roads every day, including:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nDetecting and maneuvering around a variety of objects and debris on the road.\n<\/li>\n<li>\nDetecting repainted lane lines in complex construction zones.\n<\/li>\n<\/ul>\n<p>\nThe beta 4.0 advancements build on previous capabilities, enabling the Aurora Driver to be a safe, courteous, and responsible road user with the ability to quickly and reliably detect and respond to unfamiliar objects and boundaries that can frequently occur. More details on Aurora Driver Beta 4.0 can be found <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Faurora.tech%2Fblog%2Feyes-on-the-roadmap-the-aurora-driver-advances-toward-feature-complete&amp;esheet=52928499&amp;newsitemid=20220928005409&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=ff62856093e840f90cec8acd3b8dd128\">here<\/a>.\n<\/p>\n<p><b>Autonomy Readiness Measure: Progress toward a commercial-ready Aurora Driver<\/b><\/p>\n<p>\nAurora believes the key to developing autonomous technology for safe, commercial operation is through robust development, testing, and validation through both simulation and on-road driving. The launch bar for the Aurora Driver is a closed Safety Case, which is Aurora\u2019s evidence-based approach to demonstrate that its self-driving vehicles are acceptably safe to operate on public roads. Once Aurora achieves its Feature Complete milestone, expected at the end of Q1 2023, the company will begin sharing an Autonomy Readiness Measure that reflects progress toward the commercial launch of Aurora Horizon.\n<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Autonomy Readiness Measure: Safety Case percent complete<\/b> \u2013 Each quarter, Aurora will share the percentage of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsafetycaseframework.aurora.tech%2Fgsn&amp;esheet=52928499&amp;newsitemid=20220928005409&amp;lan=en-US&amp;anchor=Safety+Case&amp;index=3&amp;md5=42249e785738ed630344803fdd4895cc\">Safety Case<\/a> claims it has completed.\n<\/li>\n<\/ul>\n<p>\nOnce the Aurora Driver is Feature Complete, Aurora also plans to provide a supplemental measure of its on-road autonomy performance as an indicator of its progress in everyday driving scenarios.\n<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>On-road autonomy performance indicator: Percentage of miles in autonomy<\/b> &#8211; Each quarter, Aurora will share this indicator as a supplemental way to track the progress of its technology as the company works toward achieving its launch bar of a closed Safety Case for its commercial launch lane. The Aurora Driver\u2019s autonomy performance indicator is a quarterly measurement, reflected as a percentage of total commercially representative miles driven over the quarter, that incorporates three components:\n<ul class=\"bwlistcircle\">\n<li>\nMiles driven during the quarter that did not require support, with support meaning human assistance via a vehicle operator touch or other on-site support\n<\/li>\n<li>\nMiles where the vehicle received support but where it\u2019s determined, through internal analysis including simulation, that the support received was not required by the Aurora Driver\n<\/li>\n<li>\nMiles driven in autonomy with remote input from the company\u2019s Aurora Beacon tool\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>\nAs Aurora has said previously, the company believes there are significant limitations to the data that on-road driving can provide for autonomous development and validation. On-road driving performance alone will not determine when Aurora Horizon launches and the company does not anticipate that this indicator will be 100% even at launch, because certain situations (e.g., flat tires) will always require on-site support. Aurora fundamentally believes it\u2019s important to build and maintain a strong safety culture. Conducting internal analysis after a vehicle has received support is one of the ways the company furthers this culture, empowering Aurora\u2019s vehicle operators to intervene in the autonomous system without fear of reprisal, including how such support would affect perceived performance.\n<\/p>\n<p>\nAurora\u2019s Analyst &amp; Investor Day presentations will be webcast at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fir.aurora.tech&amp;esheet=52928499&amp;newsitemid=20220928005409&amp;lan=en-US&amp;anchor=ir.aurora.tech&amp;index=4&amp;md5=7c15fa5d52699ebaf26b7c886ca0807d\">ir.aurora.tech<\/a>, with executive keynotes scheduled to begin at 9:45 a.m. EDT and expected to conclude by 11:45 a.m. EDT. A replay of the webcast will be available for 30 days following the live presentations.\n<\/p>\n<p><b>About Aurora<\/b><\/p>\n<p>\nAurora (Nasdaq: AUR) is delivering the benefits of self-driving technology safely, quickly, and broadly to make transportation safer, increasingly accessible, and more reliable and efficient than ever before. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling semi-trucks to ride-hailing passenger vehicles, and underpins Aurora Horizon and Aurora Connect, its driver-as-a-service products for trucking and ride-hailing. Aurora is partnered with industry leaders across the transportation ecosystem, including Volvo, PACCAR, Toyota, Uber, FedEx, U.S. Xpress, Schneider, Werner, Covenant, and Uber Freight. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aurora.tech&amp;esheet=52928499&amp;newsitemid=20220928005409&amp;lan=en-US&amp;anchor=www.aurora.tech&amp;index=5&amp;md5=3258d292a66ec861344d7ede97ca4393\">www.aurora.tech<\/a>.\n<\/p>\n<p><b>Cautionary Statement Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains certain forward-looking statements within the meaning of the federal securities laws. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including but not limited to, those statements around our ability to achieve certain milestones around the development and commercialization of the Aurora Driver on the timeframe we expect or at all, and the metrics that we report to the public in the future. These statements are based on management\u2019s current assumptions and are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this investor letter, please see the risks and uncertainties identified under the heading \u201cRisk Factors\u201d section of Aurora Innovation, Inc.\u2019s (\u201cAurora\u201d) Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, filed with the SEC on August 12, 2022, and other documents filed by Aurora from time to time with the SEC, which are accessible on the SEC website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=52928499&amp;newsitemid=20220928005409&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=6&amp;md5=9f9c7cf856763835594882716eef0922\">www.sec.gov<\/a>. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. Aurora undertakes no obligation to update forward-looking statements to reflect future events or circumstances.\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Faurora.tech%2Fpress&amp;esheet=52928499&amp;newsitemid=20220928005409&amp;lan=en-US&amp;anchor=Aurora+Press+Kit&amp;index=7&amp;md5=fd4f8b35a5586ca5a3e650881b665979\">Aurora Press Kit<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220928005409r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220928005409\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220928005409\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations:<br \/>\n<br \/>Stacy Feit<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@aurora.tech\">ir@aurora.tech<br \/>\n<\/a><br \/>(323) 610-0847\n<\/p>\n<p>\nMedia:<br \/>\n<br \/>Khobi Brooklyn<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@aurora.tech\">press@aurora.tech<br \/>\n<\/a><br \/>(415) 699-3657\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Fleet Management Autonomous Driving\/Vehicles Automotive Trucking Automotive Manufacturing Vehicle Technology Transport Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220928005409\/en\/1585208\/3\/Aurora_Wordmark_Color.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220928005409\/en\/1585209\/3\/Aurora-2022-Analyst_Day-Press_Release-Image-V1-Shifted.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Aurora Horizon Product Roadmap, Q3 2022: Nearing the Feature Complete milestone. (Photo: Aurora)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; Investor Day Company nears Feature Complete milestone; demonstrates advanced road capabilities and outlines framework to measure progress toward autonomy readiness DALLAS&#8211;(BUSINESS WIRE)&#8211; Today, Aurora Innovation, Inc. (NASDAQ: AUR) is holding its 2022 Analyst &amp; Investor Day at its autonomous trucking terminal in Dallas. At the event, executives will share details of Aurora\u2019s progress toward the commercial launch of its autonomous trucking service, Aurora Horizon. In addition, attendees will experience Aurora Driver-operated autonomous truck rides along Texas Interstate 45 around Dallas and from Dallas to Houston. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220928005409\/en\/ Aurora Horizon Product Roadmap, Q3 2022: Nearing the Feature Complete milestone. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; Investor Day&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-689596","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; Investor Day - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; Investor Day - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; Investor Day Company nears Feature Complete milestone; demonstrates advanced road capabilities and outlines framework to measure progress toward autonomy readiness DALLAS&#8211;(BUSINESS WIRE)&#8211; Today, Aurora Innovation, Inc. (NASDAQ: AUR) is holding its 2022 Analyst &amp; Investor Day at its autonomous trucking terminal in Dallas. At the event, executives will share details of Aurora\u2019s progress toward the commercial launch of its autonomous trucking service, Aurora Horizon. In addition, attendees will experience Aurora Driver-operated autonomous truck rides along Texas Interstate 45 around Dallas and from Dallas to Houston. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220928005409\/en\/ Aurora Horizon Product Roadmap, Q3 2022: Nearing the Feature Complete milestone. &hellip; Continue reading &quot;Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; Investor Day&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-28T11:03:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20220928005409\/en\/1585209\/4\/Aurora-2022-Analyst_Day-Press_Release-Image-V1-Shifted.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; 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View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220928005409\/en\/ Aurora Horizon Product Roadmap, Q3 2022: Nearing the Feature Complete milestone. &hellip; Continue reading \"Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; Investor Day\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-28T11:03:33+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20220928005409\/en\/1585209\/4\/Aurora-2022-Analyst_Day-Press_Release-Image-V1-Shifted.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aurora-shares-progress-toward-commercial-launch-of-aurora-horizon-at-2022-analyst-investor-day\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Aurora Shares Progress Toward Commercial Launch of Aurora Horizon at 2022 Analyst &amp; 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