Aurora Announces First Quarter 2022 Results

Rhea-AI Summary

Aurora Innovation, Inc. (NASDAQ: AUR) announced strong first-quarter results for 2022, highlighting key milestones and advancements in technology. CEO Chris Urmson emphasized the company's progress in developing the Aurora Driver for large-scale deployment and the expansion of its partner ecosystem, which includes industry leaders like Toyota and FedEx. A business review call is scheduled for May 4 at 5:00 p.m. Eastern time, with a webcast available on the company's investor relations website.

Positive

• Achieved critical technological milestones in Q1 2022.
• Expanded partner ecosystem with major players like Toyota and FedEx.
• Progress toward large-scale deployment of the Aurora Driver.

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- Aurora Innovation, Inc. (NASDAQ: AUR) today announced first quarter 2022 results. Aurora’s shareholder letter, including its financial results, can be viewed on its investor relations website at ir.aurora.tech.

“Our first quarter was a strong start to 2022. We achieved critical milestones, continued to advance our technology, and extended our partner ecosystem,” said Aurora CEO and Co-founder Chris Urmson. “This progress positions us well to execute on our product roadmap, as we continue to work toward developing the Aurora Driver for deployment at scale.”

The company will host a business review call today, May 4, at 5:00 p.m. Eastern time. The conference call will be webcast on Aurora’s investor relations website at ir.aurora.tech and an accompanying presentation has also been posted to the website. A replay of the webcast will be available for 30 days following the call.

About Aurora

Aurora (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 Toyota, FedEx, Volvo Trucks, PACCAR, Uber, Uber Freight, U.S. Xpress, and Werner. To learn more, visit www.aurora.tech.

Aurora Overview
Aurora Press Kit

View source version on businesswire.com: https://www.businesswire.com/news/home/20220504005233/en/

Investor Relations:

Stacy Feit

ir@aurora.tech

(323) 610-0847

Media:

Khobi Brooklyn

press@aurora.tech

(415) 699-3657

Source: Aurora Innovation, Inc.

FAQ

What were Aurora Innovation's Q1 2022 results?

Aurora Innovation reported strong first-quarter results, achieving critical technological milestones and expanding its partnership ecosystem.

What is the Aurora Driver?

The Aurora Driver is a self-driving system designed for various vehicle types, supporting the company's driver-as-a-service products.

When is the next business review call for Aurora Innovation?

The next business review call is on May 4, 2022, at 5:00 p.m. Eastern time, which will be webcast on the investor relations website.

Who are Aurora Innovation's partners?

Aurora partners with industry leaders such as Toyota, FedEx, Volvo Trucks, Uber, and others in the transportation ecosystem.