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OCTOBER 28, 2026 Aurora has reached an inflection point on the path to commercial scaleHave 20+ driverless trucks already built and coming into our fleet, and production is accelerating
500 DaaS Trucks
Executed another landmark Driver as a Service (DaaS) memorandum of understanding (MOU) with Charger Logistics
Led the industry in securing a five-year FMCSA exemption permitting automated
cab-mounted warning beacons in place of traditional,
manually-placed roadside warning devices
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Our commercial flywheel is accelerating - we now have 10 customers in our driverless cohort including two with DaaS MOUs representing 1,000 trucks Transportation as a Service (TaaS) Select CustomersDriver as a Service (DaaS) MOUs
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In November, the Aurora Driver will be operating directly to sites for several driverless customers, including automated navigation through security checkpoints and weigh stations along the routesOver the coming months, we will begin site-to-site driverless operations for the majority of our customers.
WATCHVIDEO
With our weigh station traversal capability, the Aurora Driver can now autonomously determine if a station is open, navigate to an available scale lane, and adapt to different scale configurations. This capability makes it easier for customers to integrate the Aurora Driver into their networks.
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The regulatory landscape increasingly supports scaled deploymentEarlier this month, FMCSA granted Aurora and the industry an important, five-year exemption, permitting driverless trucks to use cab-mounted warning beacons in place of traditional, manually-placed roadside warning devices. By successfully demonstrating that our warning beacon technology would likely achieve a level of safety equivalent to or greater than legacy requirements, Auroraʼs leadership in working with federal regulators has cleared the way for driverless freight at scale for the industry.
FMCSA Administrator Derek Barrs announcing warning device exemption at the Autonomous Vehicle Industry Association (AVIA) Autonomy Summit fireside chat with Aurora President, Ossa Fisher
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We have 20+ driverless trucks already built and production at our upfitter Roush is accelerating
Watch VideoWe expect to achieve our targeted production rate of 20 trucks per week in early December, representing an annualized production capability of more than 1,000 trucks.
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Concurrently, we are preparing for full OEM industrialization with Volvo and PACCAROur strategic partnership with Volvo continues to advance, driven by deep operational alignment and growing customer demand. This supports their plans for the deployment of more than 300 driverless trucks in 2027 ahead of full industrial production in 2028.
"This is a deeply co-engineered partnership where our teams have been working side-by-side from design to commercialization. We have built a strong foundation together - merging our purpose built and purpose designed Volvo VNL Autonomous with the Aurora Driver. Now we jointly look forward to introducing fully driverless operations early next year, helping address capacity challenges in the transport industry while giving customers safe, reliable deliveries and consistent performance, day after day."NILS JAEGER, PRESIDENT, VOLVO AUTONOMOUS SOLUTIONS
PACCAR and Aurora are jointly defining the path to a scalable launch of the third-generation commercial hardware kit integrated with PACCARʼs future autonomy enabled platform on their assembly lines.
"The dialogue with fleets has fundamentally shifted from testing technology to capturing efficiency. Carriers facing labor shortages, rising fuel costs, and tight margins want safe, reliable solutions that protect their bottom line and deliver on customer commitments. Partnering with Aurora to integrate the Aurora Driver directly onto our Peterbilt and Kenworth production lines will give our customers the operational efficiency and scalability they require."NOELLE PARLIER, GENERAL MANAGER, PACCAR INNOVATION CENTER, PACCAR
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Third Quarter 2026 Summary Financial Results$ in millions) September 30, 2026
Cash and cash equivalents & short-term investments $1,034
$ in millions) | Quarter Ended | Year Ended |
September 30, 2026 | December 31, 2025 | |
Revenue | $3 | $3 |
Cost of revenue | 8 | 17 |
Research and development | 203 | 745 |
Selling, general and administrative | 49 | 142 |
Loss from operations | $257 | $901 |
Net cash used in operating activities | $170 | $581 |
Capital expenditures | $36 | $31 |
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