Torc Robotics

Aeva Expands in Europe with New Automotive Center of Excellence in Germany

Retrieved on: 
Tuesday, April 9, 2024
Technology, General Automotive, Engineering, Robotics, Automotive Manufacturing, Manufacturing, Apps, Applications, Automotive, Vehicle Technology, Autonomous Driving, Vehicles, Other Technology, Software, Other Automotive, Hardware, Research, Original equipment manufacturer, ATG, COE, Perception, Head, Daimler Truck, Senior, Silicon, OEM, Torc Robotics, FMCW, Multimedia, Mercedes-Benz, Automotive industry

Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced that it is expanding its presence in Europe with a new Automotive Center of Excellence (COE) in Germany to support its growing momentum with automotive OEM customers.

Key Points: 
  • Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced that it is expanding its presence in Europe with a new Automotive Center of Excellence (COE) in Germany to support its growing momentum with automotive OEM customers.
  • Additionally, autonomous vehicle industry expert Axel Gern has joined the company as Head of Engineering in Germany and will lead the COE.
  • View the full release here: https://www.businesswire.com/news/home/20240409158765/en/
    The COE was created in response to growing interest from the automotive market in Aeva’s unique Frequency Modulated Continuous Wave (FMCW) technology.
  • “He will play a key role in building Aeva’s engineering team in Europe and leading our Automotive Center of Excellence as we ramp up to support our production win with Daimler Truck and support the growing interest and engagements with automotive customers globally.”

Torc Robotics Names Richard Kannan as New Chief Financial Officer

Retrieved on: 
Thursday, March 14, 2024
General Electric, Forecasting, CFO, Business administration, Genworth Financial, Robotics, University, Torc Robotics, Management

BLACKSBURG, Va, March 14, 2024 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, today announced the appointment of Richard Kannan as the organization’s new Chief Financial Officer.

Key Points: 
  • BLACKSBURG, Va, March 14, 2024 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, today announced the appointment of Richard Kannan as the organization’s new Chief Financial Officer.
  • In his role, Kannan will manage all financial operations and lead the development of Torc’s overall financial strategy as it moves to bring its autonomous trucking technology to market.
  • “Richard has proven himself to be an invaluable asset to Torc during his time as interim CFO, and I am thrilled to welcome him as a permanent member of our executive team,” said Peter Vaughan Schmidt, Torc Robotics’ CEO.
  • “Being able to contribute to Torc’s vision of transforming the trucking industry with autonomous technology is an incredible opportunity, and one that I look forward to taking on as Chief Financial Officer," said Kannan.

Global Autonomous Trucks Market Report 2024: Technological Insights, Regulations and Market Landscape - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 6, 2024
Trucking, Autonomous Driving, Vehicles, Transport, Automotive, Policy, Robotics, TuSimple, Noise, Regulation, Investment, Torc Robotics, Volvo Trucks, Employment, Eye

The "Autonomous Trucks Outlook: Technology, Regulation and Market Landscape" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Autonomous Trucks Outlook: Technology, Regulation and Market Landscape" report has been added to ResearchAndMarkets.com's offering.
  • The transportation landscape is rapidly evolving, with autonomous truck technology standing at the forefront of innovation and strategic development.
  • The profound report meticulously dissects the Technological landscape of autonomous driving, ranging from Level 2 to Level 4 capabilities.
  • It lays out the latest developments in sensor technology, software sophistication, and connectivity solutions that are propelling autonomous commercial vehicles into the future.

New Talent, Technology and Partners: Daimler Truck and Torc enter fifth year of collaboration with eyes on the future

Retrieved on: 
Tuesday, January 16, 2024
Level 4, Senior, Artificial intelligence, NHTSA, Research, TNO, Daimler, Collection, Mercedes-Benz, Culture, Partnership, Safety, Robotics, Freightliner, Ford, Software, General Motors, Daimler Truck, Aptiv, Acquisition, Transport, SAE, Torc Robotics, Machine learning, Engineering, Ford Motor Company, Here Technologies, Management

Joanna Buttler, Head of Global Autonomous Technology Group at Daimler Truck, adds: “Working with Torc, we have always managed to combine our ideas for the right solutions.

Key Points: 
  • Joanna Buttler, Head of Global Autonomous Technology Group at Daimler Truck, adds: “Working with Torc, we have always managed to combine our ideas for the right solutions.
  • The result is a fully integrated state-of-the-art autonomous truck that can safely handle highly complex traffic situations.
  • Scanlon brings over 20 years of experience in the technology and autonomous driving industry to the Torc team.
  • The resulting scenario information enables Torc to apply thorough, virtual validation, according to state-of-the-art international safety assessment processes.

Daimler Truck and TORC Robotics Select Aeva to Supply Advanced 4D LiDAR Technology for Series-Production Autonomous Trucks

Retrieved on: 
Tuesday, January 9, 2024
Hardware, Autonomous Driving, Vehicles, Automotive, Trucking, Technology, General Automotive, Vehicle Technology, Transport, Lidar, Entrepreneurship, OEM, Daimler, Multimedia, Partnership, Perception, Radar, Robotics, Daimler Truck, Software, Freightliner Cascadia, Safety, Daimler Truck North America, Original equipment manufacturer, SAE, Torc Robotics, Plant, Automation, FMCW, Automotive industry

View the full release here: https://www.businesswire.com/news/home/20240109234514/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240109234514/en/
    Aeva 4D LiDAR Sensors on a Torc Autonomous Truck (Graphic: Business Wire)
    Under the production collaboration, Aeva will supply its latest Aeva Atlas ™ automotive grade 4D LiDAR technology to Daimler Truck and collaborate with Torc Robotics, Inc. (“Torc”), an independent subsidiary of Daimler Truck, to enable SAE Level 4 autonomous vehicle capabilities beginning with the Class 8 Freightliner Cascadia truck platform.
  • Joanna Buttler, Head of Global Autonomous Technology Group at Daimler Truck: “Daimler Truck is committed to leading the industry’s advancement toward autonomous trucks.
  • To maximise the safety of autonomous trucks, Daimler Truck and Torc’s trucks are equipped with sensor sets from a combination of three technologies, namely state-of-the-art LiDAR, radar and camera technology.
  • Our partnership with Daimler Truck and Torc Robotics is trailblazing the next era of commercial trucking, with safe, autonomous trucks that will revolutionize the industry as we know it,” said Soroush Salehian, Co-Founder and CEO at Aeva.

Summer Craze Fowler Joins Torc Robotics as the Chief Information Security Officer

Retrieved on: 
Tuesday, December 5, 2023
Computer security, Fowler, Motional, AI, Argo AI, CISO, Torc Robotics, Safety, Argo, Johns Hopkins, Robotics, Carnegie Mellon University, Senior, Medical device

BLACKSBURG, VA., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, today announced the appointment of Summer Craze Fowler as the company’s Chief Information Security Officer (CISO).

Key Points: 
  • BLACKSBURG, VA., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, today announced the appointment of Summer Craze Fowler as the company’s Chief Information Security Officer (CISO).
  • Fowler brings more than two decades of experience developing and executing successful technical strategies that align with business goals and objectives.
  • In her role, she will collaborate with Torc leadership to develop a strategic security and risk management program, implement security policies and procedures, manage security technologies and oversee security-awareness training.
  • “Her wealth of experience in driving security operations and leading technical strategy aligns perfectly with Torc Robotics, and we are excited for Summer to join the Torc team.”
    For more information on Torc, please visit: www.torc.ai

Sheila Scanlon Joins Torc Robotics as Vice President of Product Management

Retrieved on: 
Thursday, August 17, 2023
Product management, Business development, Senior, Sheila, Head, DTNA, Aptiv, Robotics, Engineering, Scanlon, Growth, Torc Robotics, Here Technologies, Management, Torc

BLACKSBURG, VA., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG, welcomes Sheila Scanlon as the new Vice President of Product Management.

Key Points: 
  • BLACKSBURG, VA., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG, welcomes Sheila Scanlon as the new Vice President of Product Management.
  • In her role, she will work alongside Torc leadership to foster a customer-centric culture and data-driven mindset, leading the product planning and prioritization activities in alignment with engineering.
  • She created and cultivated the company’s product management team and led product strategy, definition, and execution for applications.
  • “With our product launch in 2026 and scalable market entry in 2027, we’re excited for Sheila to join the team.”

Global Heavy-Duty Autonomous Vehicle Market Report 2023: Sector is Expected to Reach $1,453 Billion by 2032 at a CAGR of 27.42% - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 6, 2023
Automotive, Other Automotive, Partnership, GPS, SOC, Lidar, Torc, Vehicle registration plates of Nepal, Robotics, Machine learning, Mining, Growth, AI, Transport, ZF Friedrichshafen, Torc Robotics, Environment, Safety, Ambarella Inc.

The "Heavy-Duty Autonomous Vehicle Market - Analysis and Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Heavy-Duty Autonomous Vehicle Market - Analysis and Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering.
  • The global heavy-duty autonomous vehicle market was valued at $135.25 billion in 2022 and is anticipated to reach $1,453.20 billion by 2032, witnessing a CAGR of 27.42% during the forecast period 2023-2032.
  • The growth in the heavy-duty autonomous vehicle market is expected to be driven by growing demand for autonomous driving, rising developments and integration of heavy-duty autonomous vehicles in public transport for semi-autonomous and autonomous vehicles.
  • Heavy-duty autonomous vehicles offer a range of benefits, including increased safety, improved efficiency and productivity, and reduced labor costs.

Global Connected Logistics Market to 2030: Sector is Expected to Reach $83.15 Billion by 2030 at a CAGR of 13.9% - ResearchAndMarkets.com

Retrieved on: 
Monday, June 5, 2023
Hardware, Logistics, Supply Chain Management, Transport, Technology, Software, Blockchain, GPS, Atmosphere, Internet, RFID, Internet of things, Daimler, Traction, Collection, Investment, Robotics, Virtual reality, Growth, Torc Robotics, Safety, Lot, Warehouse, Retail

Connected logistics provides improved warehouse management using technologies such as the Internet of Things (IoT), blockchain, virtual reality, and big data, among others.

Key Points: 
  • Connected logistics provides improved warehouse management using technologies such as the Internet of Things (IoT), blockchain, virtual reality, and big data, among others.
  • Connected logistics has enhanced the efficiency of last-mile delivery with the aid of communication devices and tracking devices.
  • Connected logistics aid in the efficient management of supply chain security, freight traffic, and routing of the fleet by minimizing the cost of the transport.
  • The declining cost of loT sensors and connected logistics hardware is one of the driving factors of the target market growth.

Torc Robotics Partners with C.R. England on Level 4 Autonomy Pilot

Retrieved on: 
Tuesday, May 9, 2023
Partnership, Level 4, Organization, Acquisition, Robotics, Machine learning, Transport, Torc Robotics, News, Safety, Airline, Torc

England will implement a pilot program leveraging C.R.

Key Points: 
  • England will implement a pilot program leveraging C.R.
  • England and Torc are excited to participate in this joint pilot, which will provide select customers with temperature-controlled capacity and world-class service.
  • England to better improve long-haul trucking safety for one of the premium service providers and largest refrigerated carriers in the nation,” said Peter Vaughan Schmidt, Torc Robotics CEO.
  • England is excited to announce our partnership with Torc for pilot activities on Level 4 autonomous test trucks.