In partnership with the Autonomous Vehicle Innovation Network (AVIN), led by the Ontario Centre of Innovation (OCI), Gatik is accelerating R&D efforts to winterize its proprietary autonomous driving technology for autonomous delivery.
TORONTO – March 2, 2021 – Gatik, an autonomous technology company deploying autonomous vehicles for B2B middle mile logistics, was awarded $997,706 in support through Ontario’s Autonomous Vehicle Innovation Network’s (AVIN) R&D Partnership Fund, along with $8,000,000 in industry contribution, to winterize its autonomous driving technology. To support the work of this project, Gatik has also made use of AVIN’s regional sites across the province to access R&D resources, tools and equipment as well as leveraged AVIN to bring on-board highly skilled Ontario talent.
Since establishing a presence in Toronto in 2019, Gatik has led the way in autonomous middle mile delivery in Canada. The company’s fleet of light and medium duty trucks transports goods on behalf of Fortune 500 retailers, enhancing operational capacity, reducing costs and keeping delivery times short. The Ontario government is helping Gatik winterize its proprietary autonomous driving technology, and accelerate R&D efforts to test, measure and demonstrate the operational efficiencies generated by autonomous delivery adoption.
The funding and access to R&D resources is accelerating the development and commercialization of Gatik’s autonomous driving technology for deployment in Ontario’s cold weather conditions, at a time when autonomous, contactless delivery of essential items is more important than ever to Canadians.
“Our solution provides customers with reliable capacity, control over service levels, and a sustainable and cost-effective way to scale hub-and-spoke operations,” said Gatik’s CEO and Co-Founder Gautam Narang. “Over 30% of global commercial vehicle operations take place in winter conditions, and we want to serve this market. The operational experience and data gathered in Ontario gives us a strong understanding of how inclement weather affects our vehicles’ movements and gives us a competitive edge in the B2B short-haul logistics market across North America.”
“Gatik’s pioneering technology demonstrates the enormous potential of next generation vehicle technology in assisting businesses to manage their supply chains efficiently and safely, in all weather conditions,” said Vic Fedeli, Ontario Minister of Economic Development, Job Creation and Trade. “We’re delighted that our Autonomous Vehicle Innovation Network (AVIN) is spurring the growth of leading-edge auto-tech companies here in Ontario while strengthening our innovation ecosystem and helping our economy rebound from the COVID-19 pandemic.”
“Connected and automated vehicle technologies have the potential to transform how goods are delivered in Ontario,” said Caroline Mulroney, Ontario Minister of Transportation. “Through the Autonomous Vehicle Innovation Network (AVIN), Ontario is pleased to support locally-based businesses like Gatik that are creating jobs while developing innovative transportation solutions for delivering goods in all weather conditions.”
Having recently moved into a world-class, 12,000 square foot research facility in the west-end of Toronto, Gatik has laid down firm roots in Ontario’s tech ecosystem. Over the past 12 months its team size has doubled and the company expects staff numbers to double again this year. Gatik’s partnership with AVIN is helping the company attract and retain Ontario’s finest engineering talent and create significant long-term economic opportunities in the province.
“Ontario’s safe, well-structured and progressive regulatory environment is helping to ensure that the province continues to lead the way in autonomous vehicle operations in Canada,” said Richard Steiner, Gatik’s Head of Policy and Communications. “This, coupled with support from AVIN, will enable the economic impacts of Gatik’s presence in Ontario to be realized long-term.”
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.
