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FERNRIDE and JOST partner to advance decarbonisation and automation in logistics

Oct 30, 2024•over 1 year ago

Contract Type

partnership

MunichManufacturingTransportationAutomotiveLogisticsFleet Management

Description

FERNRIDE has entered into a strategic development partnership with JOST to advance key innovations in the logistics sector, focusing on decarbonisation, automation, and addressing the driver shortage. The partnership aims to develop scalable technologies for automating truck operations within closed logistics environments, such as ports and depots.

Company Information

Company

FERNRIDE

Location

Munich, Bavaria, Germany

About

FERNRIDE is on the mission of solving two major challenges: a drivers shortage and the huge negative impact of transportation on the environment. With over 10 years of research and high-profile partners, such as Volkswagen, DB Schenker and B/S/H, we are delivering the future of automated logistics today. Our unique approach is gradual autonomy with teleoperation first, allowing our drivers – known as teleoperators – to fully control electric vehicles without actually sitting in them. Fernride was spun out in 2019 by Hendrik Kramer, Dr. Maximilian Fisser and Jean-Michael Georg after ten years of research at the Technical University of Munich (TUM) and quickly attracted venture capital (>€10M 2021), customers and talents - becoming a European technology champion.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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