The company came out of stealth in May 2016, revealing its plan to develop self-driving technology for semi-trucks. In August Uber purchased the company and all-star team to help expand its autonomous efforts. Then in October an Otto-powered truck made its first delivery, hauling 50,000 Budweiser cans from Fort Collins, Colo., to Colorado Springs.
The company was co-founded by former Google engineers, other engineers at Otto have worked at Tesla, Apple and Google.
Otto focuses on self-driving technology that could be fitted into trucks that are already on the road now. In other words, Otto doesn’t want to develop its own self-driving vehicles — the startup chose to focus on some sort of self-driving kit instead.