Gatik Punches Above Its Weight

David Silver
Apr 13 · 1 min read

Gatik, a middle-mile self-driving truck company, last week announced a partnership with Isuzu to build self-driving medium-duty trucks. The press release states that the trucks will be deployed this year, which would be no small feat, given the lead times required for automotive production.

What impresses me most about this deal is simply Gatik’s ability to stay alive and relevant in a sea of much larger competitors.

According to LinkedIn, Gatik has between 35 and 200 employees. I guess the precise number is under 100. A lot of other leading autonomous vehicle companies have over 1,000 employees. Gatik has raised $37 million dollars in funding. Aurora (to pick one example) has raised $1.1 billion.

And yet Gatik seems to be pushing the envelope and signing customers. Their Walmart pilot is expanding and going fully driverless. Now they’re supplying an autonomous driver to Isuzu.

Staying independent and financially solvent has become tough for small autonomous vehicle companies. Alex Roy, on The Autonocast, has been predicting large amounts of industry consolidation for over a year, and he’s largely been proven correct.

Gatik is making an impressive go of it alone.

Originally published at http://davidsilver.blog on April 13, 2021.

Self-Driving Cars

A publication covering news, predictions, and opinions…

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store