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Serve Robotics Inc. (SERV) delivers autonomous sidewalk robots transforming last-mile logistics through AI-powered navigation and sustainable technology. This news hub provides investors and industry professionals with essential updates on SERV's strategic developments, operational milestones, and market leadership in urban delivery automation.
Access curated press releases and analysis covering key areas including technology innovations, strategic partnerships with automotive manufacturers, and expansion initiatives in food delivery ecosystems. Our repository ensures timely access to earnings announcements, product deployment updates, and regulatory developments impacting autonomous mobility solutions.
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Serve Robotics (NASDAQ:SERV), a leader in autonomous sidewalk delivery, has acquired Vayu Robotics to advance AI foundation model-based autonomy for last-mile delivery. The acquisition involves 1,696,069 shares of common stock upfront, with potential additional 560,000 shares tied to performance milestones and 4,000,000 warrants at $10.36 per share.
The strategic combination aims to enhance Serve's autonomous delivery capabilities by integrating Vayu's AI foundation models and simulation technology with Serve's real-world dataset. Key objectives include accelerating entry into new markets, improving safety and reliability, and reducing delivery costs to $1 per delivery. Notable Silicon Valley investor Vinod Khosla will join Serve's Advisory Board as part of the deal.
The transaction includes a 180-day lockup for stock consideration and a four-year lockup for warrant consideration, with Serve maintaining a strong balance sheet post-acquisition.Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, reported strong Q2 2025 results with revenue of $642,000, up 46% from Q1 2025. The company achieved 78% quarter-over-quarter delivery volume growth and expanded its robot fleet with over 120 new third-generation robots.
Key highlights include launching operations in Atlanta, completing a Middle East pilot in Doha, and securing a partnership with Little Caesars. The company maintains a strong liquidity position of $183 million, providing runway through 2026. Serve projects Q3 2025 revenue between $600-700K, representing 170-215% year-over-year growth, and anticipates reaching $60-80 million annualized revenue once its 2,000-robot fleet is fully deployed in 2026.
Serve Robotics (NASDAQ:SERV) has partnered with Little Caesars and Uber Eats (NYSE:UBER) to launch autonomous robot delivery services in Los Angeles. The company's third-generation robots can carry four large 16-inch pizzas plus additional items while maintaining food temperature.
The partnership expands Serve's existing presence on Uber Eats platform, which already operates in Los Angeles, Miami, Dallas and Atlanta, with more U.S. cities planned. The robots feature an expanded cargo bin designed specifically for pizza delivery, capable of carrying pizzas, wings, bread, and beverages.
Serve Robotics (Nasdaq: SERV), a leading autonomous sidewalk delivery company, has scheduled its 2025 second quarter financial results announcement for Thursday, August 7, 2025 after market close.
Management will host a conference call at 2 p.m. PT / 5 p.m. ET on the same day. The event will include a live audio webcast available at investors.serverobotics.com. Analysts and investors can submit questions to management via email at investor.relations@serverobotics.com by August 6, 2025.
Serve Robotics (NASDAQ:SERV) has launched its autonomous sidewalk delivery service in Atlanta, expanding its presence beyond Los Angeles, Miami, and Dallas-Fort Worth. The company's robots are now integrated with the Uber Eats platform in Atlanta's Midtown, Old Fourth Ward, and Downtown areas, serving over 50,000 residents.
The expansion includes partnerships with Shake Shack (NYSE:SHAK) and local restaurants like Rreal Tacos and Ponko Chicken. This launch marks a significant step toward Serve's goal of deploying 2,000 AI-powered delivery robots across the U.S. by the end of 2025. The initiative aims to reduce traffic congestion and provide emission-free last-mile deliveries in Atlanta, while creating new jobs in operations and maintenance.
Serve Robotics (Nasdaq: SERV), an autonomous sidewalk delivery company, has scheduled its 2025 first quarter financial results announcement for Thursday, May 8, 2025, after market close. The company will host a conference call and webcast at 2 p.m. PT / 5 p.m. ET on the same day to discuss the results.
Management will review the quarterly performance, and analysts can submit questions via email to investor.relations@serverobotics.com by May 7, 2025. A live audio webcast will be available on the company's investor relations website, with a replay option provided at the same location.
Serve Robotics (Nasdaq: SERV) has launched its autonomous delivery service in the Dallas-Fort Worth metro area in partnership with Uber Eats. This expansion is part of Serve's strategic plan to deploy 2,000 AI-powered delivery robots across the U.S. by end of 2025.
The service has begun operating in Uptown neighborhoods including Pearl, State Thomas, West Village and South Routh, reaching over 22,000 households. Local restaurant Ka Thai and Shake Shack are among the participating merchants. The Dallas-Fort Worth launch follows recent expansions in Los Angeles and Miami, with more U.S. markets planned throughout 2025.
The expansion will create new jobs in operations and maintenance roles. Dallas-Fort Worth, being the fourth-largest and among the fastest-growing metro areas in the U.S., was chosen for its well-developed sidewalk infrastructure and openness to innovation.