Kodiak Robotics, a leading developer of autonomous trucking technology and an OurCrowd portfolio company, has announced plans to go public through a merger with special purpose acquisition company (SPAC) Ares Acquisition Corporation II (NYSE: AACT), according to TechCrunch. The deal values Kodiak at a pre-money valuation of approximately $2.5 billion and is anticipated to close in the second half of 2025. Kodiak Robotics continues to see strong customer adoption across key industries and applications. The move to go public will accelerate Kodiak Robotics’ mission to transform the future of freight with safer, more efficient autonomous trucking solutions. In 2024, Kodiak became the first company to announce delivery of a driverless trucking product to a customer.