Serve Robotics (NASDAQ: SERV), has unveiled its third-generation autonomous sidewalk delivery robot featuring enhanced capabilities and lower manufacturing costs. 

Equipped with Nvidia’s (NASDAQ: NVDA) Jetson Orin module, Ouster’s REV7 lidar, and upgraded sensors, the robot offers five times more computing power for faster AI-driven navigation. It also features a larger cargo bin, smoother suspension, improved water resistance, and 40% faster emergency braking for enhanced safety.

With 2,000 units set for deployment in 2025 via Uber Eats across U.S. markets, the new model can carry more goods, move twice as fast, travel farther on a single charge, and operate six more hours daily.

Dr. Ali Kashani, CEO and co-founder of the company, stated: "Producing a cutting-edge robot that can drive faster and further while running 5 times more AI and slashing costs by half is a true engineering feat.”

Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical.

Shares of Serve Robotics trade on the NASDAQ under the ticker symbol SERV.