Atlas Energy Solutions and Kodiak Announce Agreement For Autonomous Trucking Technology
Atlas Energy Solutions (NYSE: AESI) and Kodiak Robotics have partnered to introduce autonomous trucking technology in the Permian Basin. The companies completed their first driverless delivery of frac sand over a 21-mile route in West Texas. Atlas has ordered Kodiak-equipped driverless trucks for frac sand delivery across private lease roads. Commercial operations are set to launch early next year with two trucks using Kodiak's autonomous system.
The partnership aims to address challenges in the harsh Permian Basin environment, including dust storms and extreme heat. Atlas will own the trucks, while Kodiak provides its Driver technology and operational support. This collaboration marks a significant step in oilfield logistics and the commercial deployment of autonomous vehicles in the energy sector.
Atlas Energy Solutions (NYSE: AESI) e Kodiak Robotics hanno unito le forze per introdurre la tecnologia di camion autonomi nel Bacino Permiano. Le aziende hanno completato la loro prima consegna senza conducente di sabbia per fracking su un percorso di 21 miglia in Texas occidentale. Atlas ha ordinato camion senza conducente equipaggiati da Kodiak per la consegna di sabbia per fracking attraverso strade private. Le operazioni commerciali sono previste per l'inizio del prossimo anno con due camion che utilizzeranno il sistema autonomo di Kodiak.
La partnership mira a risolvere le sfide nell'ambiente difficile del Bacino Permiano, inclusi tempeste di polvere e caldo estremo. Atlas possiederà i camion, mentre Kodiak fornirà la propria tecnologia Driver e supporto operativo. Questa collaborazione rappresenta un passo significativo nella logistica del campo petrolifero e nel lancio commerciale di veicoli autonomi nel settore energetico.
Atlas Energy Solutions (NYSE: AESI) y Kodiak Robotics se han asociado para introducir la tecnología de camiones autónomos en la Cuenca Pérmica. Las empresas completaron su primera entrega sin conductor de arena para fracturación en una ruta de 21 millas en Texas Occidental. Atlas ha pedido camiones autónomos equipados por Kodiak para la entrega de arena para fracturación a través de caminos de arrendamiento privados. Las operaciones comerciales están programadas para comenzar a principios del próximo año con dos camiones que utilizarán el sistema autónomo de Kodiak.
La asociación tiene como objetivo abordar los desafíos en el duro entorno de la Cuenca Pérmica, incluidos tormentas de polvo y calor extremo. Atlas será propietaria de los camiones, mientras que Kodiak proporcionará su tecnología Driver y soporte operacional. Esta colaboración representa un paso significativo en la logística de campos petroleros y en el despliegue comercial de vehículos autónomos en el sector energético.
Atlas Energy Solutions (NYSE: AESI)와 Kodiak Robotics는 퍼미안 분지에서 자율 트럭 기술을 도입하기 위해 파트너십을 체결했습니다. 두 회사는 텍사스 서부에서 21마일의 경로를 따라 무인 샌드 배송을 첫 번째로 완료했습니다. Atlas는 퍼미안 분지의 개인 임대 도로를 통해 샌드 배송을 위해 Kodiak 장착 무인 트럭을 주문했습니다. 상업 운영은 내년 초 두 대의 트럭으로 Kodiak의 자율 시스템을 사용하여 시작될 예정입니다.
이 파트너십은 먼지 폭풍과 극한의 열과 같은 극한의 퍼미안 분지 환경에서의 도전을 해결하는 것을 목표로 하고 있습니다. Atlas는 트럭을 소유하고 Kodiak은 자사의 드라이버 기술과 운영 지원을 제공합니다. 이 협력은 유전 물류와 에너지 부문에서 자율 차량의 상업적 배포에서 중요한 이정표를 나타냅니다.
Atlas Energy Solutions (NYSE: AESI) et Kodiak Robotics ont formé un partenariat pour introduire la technologie de camions autonomes dans le bassin permien. Les entreprises ont terminé leur première livraison sans conducteur de sable de fracturation sur un trajet de 21 miles au Texas occidental. Atlas a commandé des camions sans conducteur équipés par Kodiak pour la livraison de sable de fracturation sur des routes de location privées. Les opérations commerciales devraient débuter au début de l'année prochaine avec deux camions utilisant le système autonome de Kodiak.
Ce partenariat vise à relever les défis de l'environnement difficile du bassin permien, notamment les tempêtes de poussière et la chaleur extrême. Atlas possédera les camions, tandis que Kodiak fournira sa technologie Driver et un soutien opérationnel. Cette collaboration représente une étape significative dans la logistique des champs pétroliers et dans le déploiement commercial de véhicules autonomes dans le secteur de l'énergie.
Atlas Energy Solutions (NYSE: AESI) und Kodiak Robotics haben sich zusammengeschlossen, um die Technologie für autonome Lkw im Permian Basin einzuführen. Die Unternehmen haben ihre erste fahrerlose Lieferung von Frac-Sand über eine Strecke von 21 Meilen in Westtexas abgeschlossen. Atlas hat fahrerlose Lkw, die mit Kodiak ausgestattet sind, für die Lieferung von Frac-Sand auf privaten Pachtstraßen bestellt. Kommerzielle Operationen sollen Anfang nächsten Jahres mit zwei Lkw, die das autonome System von Kodiak nutzen, beginnen.
Die Partnerschaft zielt darauf ab, Herausforderungen im rauen Umfeld des Permian Basin, einschließlich Staubstürme und extreme Hitze, anzugehen. Atlas wird die Lkw besitzen, während Kodiak seine Fahrer-Technologie und betriebliche Unterstützung bereitstellt. Diese Zusammenarbeit markiert einen bedeutenden Schritt in der Logistik von Ölquellen und der kommerziellen Einführung autonomer Fahrzeuge im Energiesektor.
- First successful driverless delivery of frac sand completed in the Permian Basin
- Atlas placed an order for Kodiak-equipped driverless trucks
- Commercial operations with autonomous trucks set to launch early next year
- Partnership addresses challenges in harsh Permian Basin environment
- Potential for improved reliability in last-mile logistics solutions
- None.
Insights
The Kodiak partnership is another example of the unique culture of innovation that is pervasive inside our organization (Photo: Business Wire)
The two companies have already completed their first driverless delivery of frac sand in West Texas’s Permian Basin. The 21-mile delivery transported Atlas’s high-quality frac sand from an Atlas depot to a wellsite with no one inside the cab.
The companies also announced that Atlas has placed an order for Kodiak-equipped driverless trucks that will deliver frac sand across the Permian Basin’s existing infrastructure of private lease roads. Early next year, Atlas plans to launch commercial operations using its first two trucks equipped with the Kodiak Driver, Kodiak’s industry-leading autonomous system.
Under the agreement, Kodiak will provide its technology to Atlas via a driver-as-a-service licensing agreement. Atlas will own the trucks, and Kodiak will provide the Kodiak Driver’s fully-redundant, platform-agnostic, hardware and software stack designed for scalable driverless deployment. Kodiak will also provide operational support services, including remote monitoring from its operations center in
“Atlas’s partnership with Kodiak is another example of the unique culture of innovation that is pervasive inside our organization,” said John Turner, CEO, Atlas.
The hot and dry climate in the Permian Basin makes it one of the world’s most challenging environments for truck drivers. The Kodiak Driver is well equipped to handle driving through harsh conditions, including dust storms that impact visibility and extreme heat.
“The Permian Basin’s expansive private lease road network, which expands across the
“Deploying driverless trucks with Atlas marks the beginning of a new era for autonomous vehicles,” said Don Burnette, Founder & CEO, Kodiak. “Our partnership with Atlas will make us the first autonomous semi-truck company to establish commercial driverless operations, and the first company to make autonomous trucking a real business. We look forward to scaling our trucking product not only in the Permian Basin, but also over-the-road.”
About Atlas Energy Solutions
Atlas Energy Solutions Inc. is a leading proppant producer and proppant logistics provider, serving primarily the Permian Basin of
We are a low-cost producer of various high-quality, locally sourced proppants used during the well completion process. We offer both dry and damp sand and carry various mesh sizes including 100 mesh and 40/70 mesh. Proppant is a key component necessary to facilitate the recovery of hydrocarbons from oil and natural gas wells.
Our logistics platform is designed to increase the efficiency, safety and sustainability of the oil and natural gas industry within the Permian Basin. Proppant logistics is increasingly a differentiating factor affecting customer choice among proppant producers. The cost of delivering sand, even short distances, can be a significant component of customer spending on their well completions given the substantial volumes that are utilized in modern well designs.
We continue to invest in and pursue leading-edge technologies, including autonomous trucking, digital infrastructure, and artificial intelligence, to support opportunities to gain efficiencies in our operations. To this end, we have recently taken delivery of next-generation dredge mining assets to drive efficiencies in our proppant production operations. These technology-focused investments aim to improve our cost structure and also combine to produce beneficial environmental and community impacts.
While our core business is fundamentally aligned with a lower emissions economy, our core obligation has been, and will always be, to our stockholders. We recognize that maximizing value for our stockholders requires that we optimize the outcomes for our broader stakeholders, including our employees and the communities in which we operate. We are proud of the fact that our approach to innovation in the hydrocarbon industry while operating in an environmentally responsible manner creates immense value. Since our founding in 2017, our core mission has been to improve human beings’ access to the hydrocarbons that power our lives while also delivering differentiated social and environmental progress. Our Atlas team has driven innovation and has produced industry-leading environmental benefits by reducing energy consumption, emissions, and our aerial footprint. We call this Sustainable Environmental and Social Progress.
We were founded in 2017 by Ben M. “Bud” Brigham, our Executive Chairman, and are led by an entrepreneurial team with a history of constructive disruption bringing significant and complementary experience to this enterprise, including the perspective of longtime E&P operators, which provides for an elevated understanding of the end users of our products and services. Our executive management team has a proven track record with a history of generating positive returns and value creation. Our experience as E&P operators was instrumental to our understanding of the opportunity created by in-basin sand production and supply in the Permian Basin, which we view as North America’s premier shale resource and which we believe will remain its most active through economic cycles.
About Kodiak Robotics, Inc.
Kodiak Robotics, Inc. was founded in 2018 and has become the trusted world leader in autonomous ground transportation committed to a safer and more efficient future for all. The company is developing an industry-leading artificial intelligence (AI) powered technology stack purpose-built for driverless military and long-haul trucking applications. Kodiak’s unique modular hardware approach integrates sensors into a streamlined sensor-pod structure that optimizes for perception, scalability, and maintainability. The company delivers freight daily for its customers across the South, using its autonomous technology. Kodiak also leverages its commercial self-driving software to develop, test and deploy autonomous capabilities for the
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Statements that are predictive or prospective in nature, that depend upon or refer to future events or conditions or that include the words “may,” “assume,” “forecast,” “position,” “strategy,” “potential,” “continue,” “could,” “will,” “plan,” “project,” “budget,” “predict,” “pursue,” “target,” “seek,” “objective,” “believe,” “expect,” “anticipate,” “intend,” “estimate” and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements around Atlas’s and Kodiak’s ability to achieve certain milestones around and realize the potential benefits of, the development, manufacturing, scaling and commercialization of the Kodiak Driver and related services and technology and on the expected timeframe or at all; statements relating to the delivery timeline of the Kodiak Driver-equipped Atlas trucks; statements regarding the impact of autonomous driving systems on Permian Basin oil and gas operations, and the potential benefits these products and services may offer to customers; expansion and growth of Atlas’s business; Atlas’s business strategy, industry, future operations and profitability, expected capital expenditures and the impact of such expenditures on Atlas’s performance, current and potential future long-term contracts and Atlas’s future business and financial performance.
Although forward-looking statements reflect our good faith beliefs at the time they are made, we caution you that these forward-looking statements are subject to a number of risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include but are not limited to: the acquisition of additional Kodiak Driver-equipped trucks on anticipated terms and timing or at all; uncertainties as to whether the transaction will achieve its anticipated benefits within the expected time period or at all; the occurrence of any event, change, or other circumstance that could give rise to the termination of the agreement between Atlas and Kodiak; unforeseen or unknown liabilities; unexpected future capital expenditures; commodity price volatility, including volatility stemming from the ongoing armed conflicts between
View source version on businesswire.com: https://www.businesswire.com/news/home/20240723398477/en/
Atlas Energy Solutions Investor Relations Contact
Kyle Turlington
+1 512-220-1200
IR@atlas.energy
Kodiak Media Contacts
Daniel Goff
Director of External Affairs
+1 646-515-3933
dan@kodiak.ai
Kylee Keskerian
PR Consultant
+1 419-822-6417
kylee@futuristacommunications.com
Source: Atlas Energy Solutions
FAQ
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