Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 0.0M |
Gross Profit | 0.0M |
Operating Expense | 37.5M |
Operating I/L | -37.5M |
Other Income/Expense | 2.5M |
Interest Income | 1.3M |
Pretax | -35.0M |
Income Tax Expense | -1.2M |
Net Income/Loss | -33.8M |
Embark Technology, Inc. specializes in developing self-driving software solutions tailored for the trucking industry in the United States. Their product lineup includes Embark Driver, an autonomous trucking software, Embark Universal Interface, an interoperable self-driving stack compatible with various truck OEM platforms, and Embark Guardian, a cloud-based autonomous fleet management solution. These offerings empower carriers with remote vehicle monitoring, dispatching, real-time data access, and control over air updates, enhancing operational efficiency and safety. By providing cutting-edge autonomous technology, Embark Technology generates revenue through the sale and licensing of their software solutions to trucking companies.