Australian tech startup, Aurora Labs, has secured a significant $30 million backing from the federal government to develop its driverless vehicle technology. The funding is part of a larger push by the government to support the growth of the country's automotive sector and position itself as a leader in the emerging field of autonomous transportation. With this substantial investment, Aurora Labs aims to accelerate the development of its AI-powered driverless technology, which has already shown promising results in trials across the country. As the company looks to scale up its operations and bring its technology to market, the government's backing is seen as a major vote of confidence in the startup's vision for a future of self-driving vehicles.
Driverless startup goes postal with $30m backing from federal government Forbes Australia