Outrider

Outrider expands international hiring to support growth of autonomous, multi-robot systems in distribution yards

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Tuesday, September 26, 2023
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BRIGHTON, Colo., Sept. 26, 2023 /PRNewswire-PRWeb/ -- Outrider, the leader in autonomous yard operations for logistics hubs, announced it expanded its engineering workforce by 20% in Europe and Latin America to deliver its autonomous, multi-robot system. Through this expansion Outrider now has a global team of technical talent to support its 2024-2026 product strategy, including commercial expansion in 2024.

Key Points: 
  • Through this expansion Outrider now has a global team of technical talent to support its 2024-2026 product strategy, including commercial expansion in 2024.
  • With top talent from around the world, Outrider is accelerating the commercialization of its yard automation solution and supporting growth across its customers' logistics networks.
  • Recent international hiring has been focused on two critical areas: system safety for mixed-environment, large-scale autonomous solutions, and deep learning (DL) for distribution yards and other supply chain applications.
  • Each year, 20 billion tons of freight passes through distribution yards – the transition point between the warehouse and over-the-road trucking.

NEA Appoints Technology Investors Aaron Jacobson and Vanessa Larco to Senior Investing Team Roles; Lily Huang, Danielle Lay and Luke Pappas Promoted to Partner

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Tuesday, May 16, 2023
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Aaron Jacobson and Vanessa Larco , both technology investors, have been elevated to senior investing team roles with appointments to the firm's Venture Capital Investment Committee.

Key Points: 
  • Aaron Jacobson and Vanessa Larco , both technology investors, have been elevated to senior investing team roles with appointments to the firm's Venture Capital Investment Committee.
  • NEA also promoted three individuals to Partner: Danielle Lay and Luke Pappas on the technology investing team, and healthcare investor Lily Huang .
  • Aaron Jacobson , who joined NEA in 2011, is an enterprise technology investor focused on AI/ML, developer tools, cloud infrastructure, robotics, and cybersecurity.
  • On the technology team, Alex Sharata was named Principal and Arjun Jain , Mustafa Neemuchwala , and Hunter Worland were promoted to Senior Associate.

Outrider announces trailer inventory tracking technology to increase distribution yard efficiency

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Thursday, April 27, 2023
Intellectual property, SCAC, Deep learning, API, Logistics, Foot, Data collection, E-commerce, Fast Company (1979 film), Algorithm, Artificial intelligence, Automation, Rail freight transport, Outrider

GOLDEN, Colo., April 27, 2023 /PRNewswire-PRWeb/ -- Outrider, the pioneer in autonomous yard operations for logistics hubs, announced the release of automated trailer inventory capabilities for distribution yards. Part of the Outrider System, this patent-pending trailer inventory technology provides real-time tracking of trailers and containers in yards. With this enhanced visibility into asset and freight locations, logistics-dependent enterprises will increase the efficiency of their yard operations.

Key Points: 
  • GOLDEN, Colo., April 27, 2023 /PRNewswire-PRWeb/ -- Outrider , the pioneer in autonomous yard operations for logistics hubs, announced the release of automated trailer inventory capabilities for distribution yards.
  • Part of the Outrider System, this patent-pending trailer inventory technology provides real-time tracking of trailers and containers in yards.
  • With this enhanced visibility into asset and freight locations, logistics-dependent enterprises will increase the efficiency of their yard operations.
  • Today, yard personnel – either on foot or by driving a vehicle – manually update trailer locations in the yard.

3D Camera Market worth $9.1 Billion by 2028 - Exclusive Report by MarketsandMarkets™

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Monday, April 24, 2023
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One case study that showcases the effectiveness of this technology is the use of a target-free 3D camera in autonomous robotic grasping tasks.

Key Points: 
  • One case study that showcases the effectiveness of this technology is the use of a target-free 3D camera in autonomous robotic grasping tasks.
  • Industrial segment to hold the highest market share for 3D camera market in 2023.
  • 3D camera market in US for North America to hold the highest market share during the forecast period.
  • These players have a strong market presence for 3D camera across various countries in North America, Europe, Asia Pacific, and RoW.

3D Camera Market worth $9.1 Billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, April 24, 2023
SCADA, MES, Occupational safety and health, Information technology, Time of flight, II, Enabling technology, Robotics, Risk, Region, Environment, Component, Frame grabber, Smart camera, Electronics, 3D, USD, Mobile robot, Machine learning, Outrider, Hardware, Quality control, Central processing unit, Health, PAM, COVID-19, Synthetic vision system, Tier, Row, Amazon, Algorithm, Growth, Industrial, Process control block, Arm, Process, Sony, Hyundai Motor Group, Comparison of deep learning software, Movement, AI, Controller, Medical imaging, 3D printing, Television, Video game, Lighting, Software, Geography

One case study that showcases the effectiveness of this technology is the use of a target-free 3D camera in autonomous robotic grasping tasks.

Key Points: 
  • One case study that showcases the effectiveness of this technology is the use of a target-free 3D camera in autonomous robotic grasping tasks.
  • Industrial segment to hold the highest market share for 3D camera market in 2023.
  • 3D camera market in US for North America to hold the highest market share during the forecast period.
  • These players have a strong market presence for 3D camera across various countries in North America, Europe, Asia Pacific, and RoW.

Launching the InOrbit Robot Space: A Look at the Future of Robotics

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Monday, February 6, 2023
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MOUNTAIN VIEW, Calif., Feb. 6, 2023 /PRNewswire-PRWeb/ -- InOrbit Inc, the leading provider of cloud-based robot operations (RobOps) software, is excited to announce the grand opening of the InOrbit Robot Space in Mountain View, California. This community space, product showroom and concept store gives visitors the chance to see the industry's latest autonomous mobile robots (AMRs) in action and get hands-on with the InOrbit RobOps platform. Visitors can experience live robots performing tasks such as restocking merchandise and delivering customer orders.

Key Points: 
  • This ability to orchestrate multi-vendor robot fleets at scale through a single pane of glass is what sets InOrbit apart.
  • Robotics companies that are part of the InOrbit Connect ecosystem will be able to showcase their robots in a realistic, yet scaled-down environment.
  • InOrbit will be hosting Women in Robotics , Silicon Valley Robotics , and Robot Operations Group meetings at the Robot Space.
  • "The InOrbit Robot Space will be a great location for SVR and WiR events, helping attendees connect with successful women in robotics and get hands-on experience with the latest in robotics and robot operations."

Outrider raises $73 million Series C financing to accelerate the adoption of autonomous distribution yard operations

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Thursday, January 19, 2023
New Enterprise Associates, EV, Sumitomo Corporation, NEA, Abu Dhabi Investment Council, ADIA, Safety, Robotics, Maintenance, NVIDIA, University of California, San Diego, Logistics, Automation, Lineage Logistics, KDT, Ministry of Education (Malaysia), UC, Abu Dhabi Investment Authority, E-commerce, Rail freight transport, Fine chemical, Series, Outrider

GOLDEN, Colo., Jan. 19, 2023 /PRNewswire-PRWeb/ -- Outrider, the pioneer in autonomous yard operations for logistics hubs, today announced it closed $73 million in Series C financing led by FM Capital. New investors include a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and NVentures, NVIDIA's venture capital arm. Existing investors participating in the round include Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA). Outrider has raised $191 million in financing to date based on its technical leadership in autonomous systems for distribution yards.

Key Points: 
  • GOLDEN, Colo., Jan. 19, 2023 /PRNewswire-PRWeb/ -- Outrider , the pioneer in autonomous yard operations for logistics hubs, today announced it closed $73 million in Series C financing led by FM Capital .
  • Outrider has raised $191 million in financing to date based on its technical leadership in autonomous systems for distribution yards.
  • "Outrider has consistently delivered breakthrough technology to automate one of the most inefficient links in the supply chain – the distribution yard," said Andrew Smith, CEO and Founder of Outrider.
  • "Outrider has addressed all the pieces – technology, safety, operations, and support – needed to deploy a reliable, industrial-grade system at scale.

Outrider equips autonomous trucks with deep-learning driven robotic arms

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Tuesday, December 13, 2022
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GOLDEN, Colo., Dec. 13, 2022  /PRNewswire-PRWeb/ -- Outrider, the pioneer in autonomous yard operations for logistics hubs, announced the release of TrailerConnect™ – a patented technology that robotically attaches the needed brake and electric lines from yard trucks to any of the over 10 million semi-trailers and chassis circulating globally. A deep-learning based technology, TrailerConnect is now available as part of the Outrider System, which automates distribution yards for large, logistics-dependent enterprises.

Key Points: 
  • A deep-learning based technology, TrailerConnect is now available as part of the Outrider System, which automates distribution yards for large, logistics-dependent enterprises.
  • In distribution yards around the globe, yard trucks transition trailers from dock doors to parking spots to public roads.
  • Achievements include the first-to-market yard automation solution that performs fully autonomous, zero-emission trailer moves; high-precision autonomous articulated backing ; and autonomous hitching for diverse trailer weights and orientations.
  • Outrider, the pioneer in autonomous yard operations for logistics hubs, helps large enterprises improve safety and increase efficiency.

Outrider releases next-gen autonomy kit for scaling distribution yard automation

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Thursday, July 7, 2022
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GOLDEN, Colo., July 7, 2022 /PRNewswire-PRWeb/ -- Outrider, the pioneer in autonomous yard operations for logistics hubs, today announced the release of its next-generation autonomy kit for yard automation. Supporting over-the-air software updates and field-swappable units, the latest autonomy kit is designed to deliver enterprise-class reliability, enable remote technical support, and efficiently service the system in the field – all at scale.

Key Points: 
  • Enables delivery of a reliable, supportable, and serviceable system for site operations
    GOLDEN, Colo., July 7, 2022 /PRNewswire-PRWeb/ -- Outrider , the pioneer in autonomous yard operations for logistics hubs, today announced the release of its next-generation autonomy kit for yard automation.
  • "This robust autonomy kit is the next critical step in Outrider's efforts to make yard operations more efficient, safer, and more sustainable for our Fortune 500, logistics-dependent customers."
  • The autonomy kit is installed and integrated on autonomy-ready Class 8 battery-electric yard trucks.
  • Outrider uses the autonomy kit along with proprietary software to transform these yard trucks into fully autonomous vehicles.

Outrider selects NVIDIA DRIVE computing architecture for yard automation

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Tuesday, March 22, 2022
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GOLDEN, Colo., March 22, 2022 /PRNewswire-PRWeb/ -- Outrider , the pioneer in autonomous yard operations for logistics hubs, today announced it has expanded its integration of the NVIDIA DRIVE computing architecture within its yard automation solution.

Key Points: 
  • GOLDEN, Colo., March 22, 2022 /PRNewswire-PRWeb/ -- Outrider , the pioneer in autonomous yard operations for logistics hubs, today announced it has expanded its integration of the NVIDIA DRIVE computing architecture within its yard automation solution.
  • Outrider is using the NVIDIA DRIVE hardware and software platform across its autonomous vehicle fleet that is currently operating in live production environments and at the Outrider Advanced Testing Facility.
  • Outrider uses the NVIDIA DRIVE to collect and process data from numerous sensor inputs to gain complete 360-degree situational awareness for the self-driving yard trucks operating on Outrider's autonomy software.
  • "The NVIDIA DRIVE platform delivers the perception compute and vision capabilities that help Outrider's autonomous yard trucks operate across various environments and conditions."