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Kodiak Robotics, an autonomous trucking company, is merging to go public, valued at $2.5 billion.
Autonomous trucking firm Kodiak Robotics is merging with Ares Acquisition Corporation II to go public, valued at around $2.5 billion.
The deal, expected to close in the second half of 2025, is backed by $110 million in financing from investors like Soros Fund Management and ARK Investments.
Kodiak, which operates in the southern U.S., has secured a 100-truck order from Atlas Energy Solutions and is adapting its technology for use in U.S. Army vehicles.
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Kodiak Robotics, una compañía de camiones autónomos, se está fusionando para hacerse pública, valorada en $2.5 mil millones.