Phantom Auto

ArcBest invests $25M in remote vehicle operation tech company

ArcBest putting money to work in technology for remote operated vehicles

ArcBest announced Wednesday a $25 million investment in Phantom Auto, a software company providing remote operation of a variety of vehicle types, including forklifts, robots and trucks.

In addition to leading Phantom Auto’s series B funding round, ArcBest will get a seat on its board, which will be filled by Michael Newcity, ArcBest’s chief innovation officer and head of ArcBest Technologies.

Phantom Auto has raised $64 million in funding since its 2017 launch, according to PitchBook.

The...

https://www.freightwaves.com/news/arcbest-invests-25m-in-remote-vehicle-operation-tech-company

GEODIS has Partnered with Phantom Auto to Produce the First Remotely Operated Forklift

GEODIS has Partnered with Phantom Auto to Produce the First Remotely Operated Forklift

Mountain View, CA and Levallois-Perret, France, March 31, 2021 – GEODIS, a leading global logistics provider, has partnered with Phantom Auto, experts in long-range remote operation software for unmanned vehicles, to develop a forklift truck that can be controlled from a distance. This innovative program is aimed at improving comfort and safety, and creating job opportunities for people with physical...

https://allaboutshipping.co.uk/2021/03/31/geodis-has-partnered-with-phantom-auto-to-produce-the-first-remotely-operated-forklift/