Gatik CEO Gautam Narang Named as 2021 Automotive News All-Star
MOUNTAIN VIEW, Calif. – November 29, 2021 – Automotive News has named Gautam Narang, CEO and co-founder, Gatik a 2021 Automotive News All-Star in the Mobility category. This prestigious award recognizes outstanding leaders from the automotive industry who have made industry-defining contributions in their field.
Over the course of 2021, Narang has led Gatik throughout a year of unprecedented success. Earlier this month, the company announced its fully driverless operations with Walmart in Bentonville, Arkansas, moving customer orders between a dark store and a retail location in its fleet of multi-temperature autonomous box trucks. This historic milestone represents a worldwide first for the autonomous trucking industry, and a revolutionary breakthrough in commercializing autonomous delivery safely and at scale in the B2B short-haul logistics sector.
“I’m honored to receive this award at a time of momentous change and meaningful impact for the autonomous trucking sector,” said Gautam Narang, CEO and co-founder, Gatik. “Our achievements this year validate the approach we’ve taken to focusing exclusively on the middle mile, and ensure our customers are benefitting from the real advantages of autonomous goods movement today. Automotive News’ recognition is a testament to the phenomenal team at Gatik, and our commitment to supply chain innovation and excellence across the entire organization.”
Gatik has achieved a number of significant milestones throughout 2021. In August, the
company announced its latest funding round of $85 million, led by Koch Disruptive Technologies (KDT), and expansion to Texas with new customers. In February, Gatik launched its industry-first electric autonomous box trucks in partnership with Walmart at a 2nd deployment site in Louisiana, and in April announced a partnership with Isuzu to
implement OEM-grade redundancies for medium duty trucks, critical for fully autonomous operations. Gatik is the only company in North America offering class 3-6 autonomous box trucks, deployed for Fortune 500 customers, generating revenue with every order.
About Gatik
Gatik, the leader in autonomous middle mile logistics, is revolutionizing B2B logistics with autonomous transportation-as-a-service (ATaaS) and prioritizing safe, consistent deliveries and streamlining freight movement by reducing congestion. The company focuses on short-haul, B2B logistics for Fortune 500 retailers and in 2021 launched the world’s first fully driverless commercial transportation service with Walmart. Gatik’s Class 3-7 autonomous box trucks are commercially deployed in multiple markets including Texas, Arkansas, and Ontario. Gatik is partnered with industry leaders including Ryder, Goodyear and Isuzu. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Mountain View, Dallas Fort Worth and Toronto.
Safe Harbor Statement
This article or press release contains forward-looking statements, including but not limited to, statements regarding future business strategies, plans, objectives, and anticipated performance. These forward-looking statements are based on the current expectations and beliefs of Gatik and are subject to various risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied in such statements.
Factors that could impact these forward-looking statements include, but are not limited to, changes in market conditions, economic factors, competitive dynamics, regulatory developments, and unforeseen operational challenges. Gatik undertakes no obligation to update or revise any forward-looking statements to reflect new information, future events, or otherwise, except as required by law.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release.
