Embark develops self-driving truck technology designed for freight and logistic services.
Acquired by Applied Intuition
Industries AutomotiveAutonomous VehiclesLogisticsSoftwareTransportationDiversity Spotlight (US Headquarters Only) Black / African American FoundedBlack / African American LedHeadquarters Regions San Francisco Bay Area, West Coast, Western US Founded Date 2016 Founders Alex Rodrigues, Brandon Moak Operating Status Active Last Funding Type Post-IPO Equity Also Known As Embark Legal Name Embark Trucks, Inc.
Stock Symbol NASDAQ:EMBK Company Type For Profit
Contact Email hello@embarktrucks.com
Embark develops self-driving truck technology designed for freight and logistic services. Embark has compiled many firsts for automated trucks, including driving across the country, operating in rain and fog, and navigating between transfer hubs. Embark is assembling a group of engineers from companies like Tesla, Google, Audi, and NASA with a
professional operations team that averages over a million miles per driver.
Transaction Name Embark Trucks acquired by Applied IntuitionAcquired by Applied IntuitionAnnounced Date May 25, 2023 Price $71M
