NEWS COMMENTARY

Autonomous trucking start up Starsky Robotics closes its doors

Published:
April 16, 2020
Coverage:
Digital Transformation More...
Activities:
Bankruptcy
Very important

As we caught wind of previously, Starsky Robotics has officially ceased operations. In a blog post, CEO Stefan Seltz-Axmacher cited factors including technical obstacles, value proposition, and VC dynamics. Still, we don't view this as a warning sign for the autonomous trucking space - there remain promising players like Locomation, though interested parties should beware of the tremendous amounts of cash these companies will need to see the long development times through. We remain bullish on the value of automation at levels lower than level 5, given how challenging fully driverless systems will be to achieve. 

 

 

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