Embark develops autonomous driving technology for trucks.

Embark

Embark (Nasdaq: EMBK) is an autonomous vehicle company building software for carriers to enable autonomous trucks within their fleets. We’re on a mission to build a world where consumers pay less for the things they need, drivers stay close to the homes they cherish, and roads are safer for the people we love.

Canada Pension Plan Investment Board

Sequoia Capital

Knight-Swift Transporation

Tiger Global Management

Mubadala Capital Ventures

Employee Stock Option Fund

DCVC

Maven Ventures

Y Combinator

OMERS Ventures

Embark Trucks (acquired by Applied Intuition)

We are excited to announce that Embark has entered into a definitive agreement to be acquired by Applied Intuition, marking an exciting next chapter in Embark’s journey.

Applied aims to integrate Embark’s internal tools, data, and software assets to further improve its offerings for customers in the trucking and automotive industries.

Learn more at: https://lnkd.in/gN5An2sW 

Additional information and where to find it: https://lnkd.in/gkh8M6iS 

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Embark is a mobile application designed to make it easy to get around cities using mass transit. Among other features, the iOS and Android application tells users when trains and busses are coming and will send push notifications when services are delayed. With over half a million users and rapid growth, Embark's simple and powerful mobile application is designed to bring urban transportation into the age of the smartphone. Embark is available for twelve major transportation systems in the US and the UK and is expanding rapidly. Embark won best transit and mobility app awards from the New York MTA App Quest and NYC Big Apps 3.0 contests.

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Embark Technology, Inc. develops self-driving software solutions for the trucking industry in the United States. Its solutions include Embark Driver, an autonomous trucking software; Embark Universal Interface, an interoperable self-driving stack that works across truck OEM platforms; and Embark Guardian, a cloud-based autonomous fleet management solution that gives carriers control over air updates, remote vehicle monitoring, remote vehicle assist, dispatching and access to real time data, such as weather and construction. The company was incorporated in 2016 and is headquartered in San Francisco, California.

Embark Technology, Inc.

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COM:EMBARKTRUCKS

Embark

Last Close

2.87

01/08 20:00

Market Cap

70.20M

Beta: -

Volume Today

129.69K

Avg: -