Article content
Strategic transaction extends Pronto’s leadership in providing autonomous technologies to off-road industries with an initial focus on the mining, quarrying, and construction markets
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
SAN FRANCISCO — Pronto.ai, Inc. (Pronto), the industry leader in scalable, affordable, OEM-agnostic Autonomous Haulage Systems (AHS), today announced it has completed its acquisition of SafeAI Inc., another pioneer in safety-focused, multi-sensor autonomous solutions for heavy industry. The transaction further establishes Pronto as the world’s most capable and technologically advanced autonomy provider for the off-road sector.
Article content
Article content
Article content
Article content
The combined entity will offer the industry’s first and only tiered technology portfolio, capable of serving the full spectrum of customer needs, from small quarries to large mines. This includes Pronto’s commercially proven, camera-only AHS for customers prioritizing affordability and rapid deployment, as well as a multi-sensor premium offering, both of which will benefit from SafeAI’s safety framework that has been ASIL D-certified, the highest safety integrity level in the industry.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
“Pronto is automating everything with wheels, starting with mining trucks, focused on becoming the first profitable autonomous vehicle company,” said Anthony Levandowski, CEO of Pronto. “This acquisition solidifies our leadership in the automation of the mining, quarrying, and construction industries, and will help us further accelerate the commercial deployment of our technologies to sites around the world.”
Article content
This strategic transaction comes as Pronto is experiencing rapid growth and gearing up for its next phase of expansion, after recently announcing a global agreement to deploy more than 100 autonomous trucks with Heidelberg Materials and expanding its team in Brazil.
Article content
The acquisition brings together two of the most experienced teams in autonomy, with decades of experience spanning the DARPA Grand Challenges, Google, Waymo, Uber, Apple, Caterpillar, Lucid, Ford, General Motors, Tesla, and Topcon.
Article content
About Pronto
Article content
Pronto is Autonomy Simplified. Founded by the Silicon Valley pioneers who have been at the forefront of the most important advances in autonomous vehicles and robotics for the last two decades, Pronto provides the world’s leading Autonomous Haulage System (AHS). Pronto AHS is designed to be the simplest, fastest to deploy, easiest to use, and most cost-effective solution in the mining and quarrying markets, increasing productivity, enhancing safety, and solving labor challenges for its customers. Learn more at www.pronto.ai.
Article content
Article content
Article content
Article content
View source version on businesswire.com:
Article content
Article content
Article content
Contacts
Article content
Media Contact:
[email protected]
Article content