Aurora Innovation, Inc. Class A Common Stock Goldman Sachs Communacopia + Technology Conference 2026

Thanks for coming. Glad to be here.

Glad to be here. Thanks for having me.

Yeah. Now that we've woken everybody up, so glad to have everyone here. Yeah, it's gone incredibly. It's been a long journey. A year ago, we proved that the technology worked with our launch then. This year, we've been able to launch our second-generation hardware. AV is really hard, let me remind you. This is really a platform that'll allow us to scale up to 1,500 units, and then put us in position to go scale with our third-generation hardware that comes online at the end of next year. It's been great to see it out on the road. It's been another proof point that's enabled customer enthusiasm and excitement and helped move those conversations forward. It's really just the starting line for us building and scaling the business.

It feels good. Okay. It's a lot of work from the team.

We launched last year, began operating driverlessly, but we had the optics challenge, as there was a person sat there as this observer. We knew the bar we were holding it to. We knew that it was safe and operating. But it's very different for the outside world to have that visceral image of, no, there's nobody there. The Aurora Driver is fully operating this. I think that's been very powerful. Even the most cynical observers can look at that and say, "Oh, this is real.

Yeah. Our second-generation hardware kit is a major step function, both in performance but also in cost reduction. That first generation was really to prove the technology worked. The second generation was about actually having something that was commercially viable in market that we can ultimately be profitable with, and we're seeing that in practice. Roush is great. If you've heard me talk about our strategy in the past, it's really been one of let us focus on what we do best in world, and then go work with folks who are best in world at what they do. That's what Roush brings to the table. They are a very well-known quantity in the automotive space, where if you're an OEM and you need something modified and scaled up or repaired, they're the folks who do it.

If you buy an F-150 Raptor, Roush made it a Raptor instead of an F-150. So they know how to do volume. They're working with us now on mass production of this, or large, I guess modest scale in OEM's terms for automated vehicles, large scale production. We're off to the races. We're in that period of production hell, I guess some people might call it, as we get the ramp up. But we're expecting 20 to 25 trucks on the road at the end of this month, and to be building 20 trucks a week in the not distant future here.