Welcome to our dedicated page for Kodiak Robotics news (Ticker: KDK), a resource for investors and traders seeking the latest updates and insights on Kodiak Robotics stock.
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Kodiak AI (NASDAQ:KDK) has completed its business combination with Ares Acquisition Corporation II, marking one of 2025's largest de-SPAC transactions with a ~$2.5 billion valuation. The company raised over $275 million before expenses, including $145 million in PIPE funding and $62.9 million in trust cash.
Kodiak's AI-powered autonomous driving system, the Kodiak Driver, has achieved significant milestones with 3 million autonomous miles and 3,000 paid driverless hours. The company has already secured major customers, including Atlas Energy Solutions, which placed an initial order of 100 trucks and currently operates eight driverless trucks 24/7. Trading under symbols "KDK" and "KDKRW" will commence on September 25, 2025.