Gatik AI driverless truck USDOT 3517692 MC 1167791
pulled in $200M for its driverless truck fleet but the cash injection is not the main event. The real headline is that customer appetite is outpacing their ability to roll out more rigs. They are quietly building the most formidable physical automation operation on earth by owning short-haul freight. The numbers back it up with over 100,000 autonomous orders delivered and a 99% on-time rate. They have locked in $600M+ of contracted revenue too. After kicking off their first fully driverless commercial run in 2021 they are slated to be deeply woven into the PepsiCo supply chain by 2026. It is a rare case where demand is scaling faster than the hardware can be deployed. #PepsiCo
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