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Announced

Aurora to acquire Blackmore.

Synopsis

Aurora to acquire Blackmore, an industry-leading Lidar company. Financial terms were not disclosed. From Aurora point of view, Lidar is critical for developing a reliable self-driving system that can navigate our roads more safely than a human driver. As we’ve said before, different sensor modalities have different strengths and weaknesses; thus, incorporating multiple modalities drives dramatic improvements in the reliability of the system. Aurora believes that Blackmore’s technology will allow delivering a safer, more efficient, and more cost-effective Driver than even the best systems available on the market today.

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