secwatch.observer — SEC 8-K summary
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Issuer:     Aurora Innovation, Inc. (AUR)
CIK:        0001828108
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001828108-24-000138
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aurora Innovation posts Q3 cash use of $143M, raises $483M, targets April 2025 launch
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- Q3 2024 operating expenses $196M incl. SBC; cash used $143M, capex $7M.
- Raised $483M gross from stock offering; cash & investments ~$1.4B funded into 2026.
- Commercial launch expected April 2025; ARM at 97%, 80% of loads achieved 100% API (up 5pp).
- New launch customer Schneider signed; Fort Worth-Phoenix lane planned for FH 2025 pilots.
- Cumulative 8,200+ autonomous loads, 2.2M+ miles, ~100% on-time performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828108/000182810824000138/0001828108-24-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828108/000182810824000138/aur-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001828108-24-000138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer