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Torc offers: A competitive compensation package that includes a bonus component and stock options As pioneers and veterans of the self-driving industry, we know that revolutionary change does not happen overnight. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Algoluxs established team with deep expertise in artificial intelligence/machine learning talent and perception complements Torcs already experienced engineering team., This acquisition brings together Algoluxs end-to-end AI stack, from photons to behavior, with Torcs pioneering autonomous technology. All thats missing is you. Torc Robotics selects AWS as preferred cloud provider for self-driving truck fleet. Robust perception technology is key to helping Torcs autonomous system correctly identify objects in difficult visual conditions such as low light, fog, or inclement weather. You also have the option to opt-out of these cookies. 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Flexible Spending Account (FSA) Health Insurance Benefits. Our goal is simple: to save lives. Learn more in our Cookie Policy. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. By clicking, "I Accept" on this banner, or continuing to use our site, you consent to the use of cookies unless you have them disabled. We chose trucks because of the impact we believe our technology can have for freight transportation and road safety. The cookie is used to store the user consent for the cookies in the category "Performance". The transaction will close after the parties complete various pre-closing activities, including any required approvals. Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances. WebPerks of Being a Full-time Torcr. | Source: Join the Levels.fyi community to chat with employees at Torc Robotics and other tech companies. Torc offers: A competitive compensation package that includes a bonus component and stock options 100% paid medical, dental, and vision premiums for full-time employees 401K plan with a 6% employer match Flexibility in schedule and generous paid vacation (available immediately after start date) Company-wide holiday office closures Reported anonymously by TORC Robotics employees. Torc has been working closely with the company for over a year on multiple perception concepts and methods for robustly improving object detection and distance estimation, while evaluating synergies between the two companies. Partnering with Marketing and Communications and People Operations team, incorporate all program features (including but not limited to: medical, dental, life, 401(k), STD, LTD, Wellness, PTO, FMLA, voluntary benefits, relocation, ex-patriate programs, etc.) Benefits | Add in a tightly integrated OEM truck platform and you have a dream scenario. Experience researching, developing, and managing global and domestic benefits packages. Algolux is an acknowledged leader in perception for autonomous vehicles, Allan Benchetrit, Algolux president and CEO & Peter Vaughan Schmidt, Torc CEO. Algoluxs established team with deep expertise in Artificial Intelligence/Machine Learning (AI/ML) talent and perception complements Torcs already experienced engineering team., This acquisition brings together Algoluxs end-to-end AI stack, from photons to behavior, with Torcs pioneering autonomous technology. Blacksburg, Va, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Torc Robotics, an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, announced today that it has signed an agreement to acquire Algolux Inc. Torc is acquiring Algolux for its award-winning intellectual property and expertise in the areas of computer vision and machine learning. At Torc, we understand the extent to which our lives are dependent on trucking. Founded in 2005 Torc offers a complete self-driving vehicle software and integration solution and is currently focusing on commercializing autonomous trucks for long-haul applications in the U.S. Torc operates test facilities in Albuquerque, New Mexico, and engineering offices in Austin, Texas, and Stuttgart, Germany. Current Systems Engineer in Blacksburg, VA, Virginia, Current Senior Engineer in Austin, TX, Texas, Current Safety Conductor in Albuquerque, NM, New Mexico, Current Fleet Ops in Albuquerque, NM, New Mexico, Current Product Owner in Blacksburg, VA, Virginia, Accidental Death & Dismemberment Insurance, Get started with your Free Employer Profile, Paid Health, Dental, and Vision Insurance for all full-time employees, Health Savings Account with employer contributions, Flexible Spending Healthcare and Dependent Care Accounts, Employee Assistance Program for all employees and dependents, Life Insurance for all full-time employees, Accidental Death & Dismemberment Insurance for all full-time employees, Supplemental Life and AD&D Insurance for employee and dependents, Critical Illness Insurance for employee and dependents, Short and Long Term Disability for all full-time employees, Immediate eligibility for full-time employees, Winter Shutdown (not counted in your PTO), Professional development on-demand classes. Learn about salary, employee reviews, interviews, benefits, and work-life balance WebBlacksburg, Va, Feb. 28, 2023 (GLOBE NEWSWIRE) Torc Robotics, an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, announced today that it has signed an agreement to acquire Algolux Inc. Torc is acquiring Algolux for its award-winning intellectual property and expertise in the areas of We carefully craft and continuously test the software and hardware to drive like the best drivers on the road. - As a Benefits Advisor, you will be responsible for program design leadership, financial stewardship, and strategic planning in creating and implementing competitive and innovative domestic and global employee benefit programs designed to attract, engage, integrate, and retain the employee talent essential to achieving business objectives. Founded in 2005 at the birth of the self-driving vehicle revolution, Torc has 17 years of experience in pioneering safety-critical, self-driving applications. Algoluxs technology, at the intersection of deep learning, computer vision, and computational imaging, will help Torc strengthen key capabilities toward our commercialization of Level 4 autonomous trucking., "Torc shares in our commitment to create robust technology to realize the potential of autonomy and help save lives, which is one of the many reasons why joining forces makes sense for our teams, " said Allan Benchetrit, Algolux president and CEO. Were sorry but our site doesnt work properly without JavaScript enabled. Our self-driving software must pass through a series of rigorous testing before it can be deployed on the vehicle and driven on public roads. But as Fleming told me at the time, he wasnt While many think of autonomous transportation as futuristic, this winning combination will help bring to market a commercially viable, safety-critical long-haul trucking application at scale., Allan Benchetrit, Algolux president and CEO (left) and Peter Vaughan Schmidt, Torc CEO. Click the link in the email we sent to to verify your email address and activate your job alert. Autonomous trucking developer Torc Robotics has set up an advisory council it says will help guide it to commercialize a scalable, profitable, Level 4 autonomous trucking product. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Stay up to date on technology, regulations and trucking life. Add in a tightly integrated OEM truck platform and you have a dream scenario, said Felix Heide, Algolux CTO. View an alternate. But opting out of some of these cookies may affect your browsing experience. Torc Robotics Torc has been working closely with the company for over a year on multiple perception concepts and methods for robustly improving object detection and distance estimation, while evaluating synergies between the two companies. As a team, we work to develop, test, and create with our mission of saving lives at the forefront. It takes a winning team to develop the technology that will lead us to a safer tomorrow. - Are you sure you wouldnt like a free professional resume evaluation? Algolux has been consistently recognized for excellence in its field and has been named to the 2021 CB Insights AI 100 List of the worlds most innovative artificial intelligence startups. This acquisition brings together Algoluxs end-to-end AI stack, from photons to behavior, with Torcs pioneering autonomous technology. Get Paid, Not Played. 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