‘Picky' Gatik nearing mass-produced autonomous trucks [Yahoo! Finance]
Tyson Foods, Inc. (TSN)
Last tyson foods, inc. earnings: 2/6 07:30 am
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Source: Yahoo! Finance
By all indications, it has the money, the partnerships and the runway to reach mass production in 2027. After discussing Gatik's technology progress with Apeksha Kumavat, co-founder and chief engineer, on this week's Truck Tech podcast , I caught up with CEO Gautam Narang. That followed Monday's announcement that Osaka, Japan-based trading giant Itochu would invest in Gatik and take on a captive finance role for the startup. Itochu wrote an early check to Gatik. Neither that amount nor its latest investment were publicly disclosed. But it follows Japanese truck maker Isuzu Corp.'s $30 million investment. The goal is mass producing Gatik-equipped autonomous trucks three years from now. The moves are related. Isuzu and Itochu have a joint venture financing company for Isuzu trucks. Gatik now benefits from that. “We have over 300 trucks that are already signed and committed that we plan to deploy by the end of next year,” Narang told me in an interview on Monday. Gatik's Locked
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- Tyson Foods (NYSE:TSN) Will Be Hoping To Turn Its Returns On Capital Around [Yahoo! Finance]Yahoo! Finance
- China's Pork Probe Is Yet Another Blow for Struggling EU Farmers [Yahoo! Finance]Yahoo! Finance
TSN
Earnings
- 5/6/24 - Beat
TSN
Sec Filings
- 6/21/24 - Form 3
- 6/14/24 - Form 3
- 6/13/24 - Form 8-K
- TSN's page on the SEC website