Serve Robotics takes its sidewalk delivery robots to Atlanta

Serve Robotics Inc. (NASDAQ:SERV) announced the launch of its sidewalk delivery service in the Atlanta metro area. The California-based company said the market expansion builds on its successful launches in Los Angeles, Miami, and Dallas–Fort Worth as part of an ongoing collaboration with Uber Eats (UBER).

For the Atlanta expansion, Serve's (NASDAQ:SERV) autonomous delivery robots are being utilized on the sidewalks of midtown, the Old Fourth Ward, and the downtown region, bringing sustainable and safe high-tech convenience to over 50,000 Atlantans. "As one of the largest and fastest-growing markets in the Southeast, Atlanta is a strategic next step for our planned nationwide expansion," stated Dr. Ali Kashani, CEO and co-founder of Serve Robotics

Serve's (SERV) robots are expected to reduce traffic congestion in Atlanta, making last-mile deliveries more efficient, and emission-free. Serve (SERV) has proactively established constructive relationships with local stakeholders to ensure a seamless rollout. 

The robots use a combination of sensors (lidar, ultrasonic sensors, and cameras) to perceive their environment, detect and avoid obstacles, and safely navigate busy sidewalks and intersections. The robots can request remote human assistance if they encounter unexpected situations. 

The launch of Serve's (SERV) Atlanta operations represents another significant milestone on the company's path to deploying 2,000 AI-powered delivery robots across the U.S. by the end of 2025. Additional U.S. markets are expected to be announced in the coming months.

Spun off from Uber (UBER) in 2021 as an independent company, Serve (SERV) has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets. Uer (UBER) still holds a substantial minority stake in Serve Robotics (SERV).

Shares of Serve Robotics (SERV) rose 4.0% in premarket trading on Thursday to $10.64 vs. the 52-week range of $1.82 to $24.35. Seeking Alpha analyst Thomas Shields called Serve Robotics an interesting play on AI and automation earlier this year.