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Torc to acquire Canadian computer vision firm
Blacksburg-based Torc Robotics on Tuesday announced it will acquire Montreal-based computer vision company Algolux Inc. A purchase price was not disclosed. Torc, a self-driving truck company, is an independent subsidiary of Daimler Truck AG. Torc said in a news release that it is acquiring Algolux for its expertise in computer vision and machine learning. Algolux […]
Torc names regulatory, safety SVP
Blacksburg-based Torc Robotics has named Michelle Chaka as senior vice president overseeing safety and regulatory matters, the self-driving truck company announced Wednesday. Chaka, who most recently has worked as a director for safety assurance and standards for Pittsburgh-based autonomous trucking solutions firm Locomation Inc., will oversee and coordinate safety across the company, including it[...]
Torc Robotics names new CEO
Blacksburg-based self-driving truck company Torc Robotics has named Peter Vaughan Schmidt its next CEO, the Daimler Truck AG subsidiary announced Thursday. Currently head of Daimler Truck’s Autonomous Technology Group, Schmidt will take on his new role Oct. 1 and succeeds Michael Fleming. The company produces software for self-driving commercial vehicles and was started by a […]
Va. Tech Transportation Institute director to step down
Tom Dingus, the director of the Virginia Tech Transportation Institute (VTTI) for the past 25 years, will step down from his position and return to the faculty, the university announced Monday. The endowed professor has been a driver safety researcher for the past 35 years and has had a keen focus on autonomous technologies for […]
BAE Systems lands $400M Air Force contract
The U.S. Air Force awarded Arlington-based defense contractor BAE Systems Inc. a $400 million contract to develop an air vehicle system for the Skyborg program, a team of unmanned aerial vehicles (UAV) that use artificial intelligence to adapt to battlefield conditions. “The need to generate combat power faster than our adversaries is critical to address […]
