Gautam Narang
๐ค SpeakerAppearances Over Time
Podcast Appearances
So as you know, Gatik is in the business of autonomous freight.
And today we are announcing that we are operating fully driverless, freight-only trucks with no safety driver, no safety observer across real freight operations, multiple markets today.
Over hundreds of trucks.
But very soon in the coming weeks, we'll have over 60 trucks fully driverless on public roads doing daily commercial operations at scale.
So, you know, today we are live across multiple markets.
This is Texas, Northwest Arkansas, Phoenix.
We work very closely with the regulators at the local level, state level, federal level.
And from the early days, we decided to focus on automating these regional networks, which is within the states.
And that's one of the fastest ways to commercialize this technology.
So today we are working with some of the largest companies across retail, grocery, e-commerce, and distribution.
So each of these customers have made multi-year commitment.
What's unique about these commitments is these are non-cancellable commitments where our technology is now being absorbed across their supply chain at scale.
So it's an autonomous transportation as a service model.
As a service, yes.
Where we charge a fixed fee per truck per year.
And each of these commitments are multi-year long.
So we have revenue certainty from each of these customers.
And that's also very unique compared to some of the other models in our space.