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NASDAQ:KDK News 25 September 2025

Soros and ARK Bet $2.5 Billion on Driverless Trucks – Inside Kodiak Robotics’ Bold Wall Street Debut

Soros and ARK Bet $2.5 Billion on Driverless Trucks – Inside Kodiak Robotics’ Bold Wall Street Debut

A Startup’s Journey from Silicon Valley to Wall Street Kodiak Robotics was founded in 2018 with a vision of commercializing driverless semi-trucks at scale. CEO Don Burnette, an industry veteran, previously worked on Google’s self-driving car team and co-founded Otto (the self-driving truck startup acquired by Uber) techcrunch.com. After the Otto saga, Burnette zeroed in on trucking as the “killer app” for autonomy – a sector where automating long-haul rigs could dramatically cut costs and fill chronic driver shortages techcrunch.com reuters.com. Kodiak set up operations in Mountain View, CA, but did much of its testing in Texas, taking advantage of
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