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Momenta Aims to Enter Unmanned Delivery Vehicle Market, Strengthening Its Autonomous Driving Portfolio
1 day ago /
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Author：小编
Momenta, a prominent player in the autonomous driving space, is reportedly gearing up to venture into the unmanned delivery vehicle market. According to market research, the company currently boasts a commanding 60.1% market share in China's urban NOA (Navigate on Autopilot) segment. Despite its robust foundation in software algorithms, Momenta recognizes the intensifying competition within the unmanned delivery sector. Concurrently, in June 2024, Momenta filed for an overseas listing, aiming for either Nasdaq or the New York Stock Exchange. However, there has been no recent development in its IPO process, with the most recent funding round remaining at Series C in 2021.
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