Lockheed Martin Invests in Peloton Technology



Lockheed Martin entered into an investment agreement with Peloton Technology, a developer of vehicle systems that deliver advanced safety, fuel savings and analytics to trucking fleets.

The agreement, which will help accelerate Peloton’s development and deployment of truck-platooning technology for the U.S. and international trucking industries, is part of a $17 million investment round co-led by DENSO International American and Intel Capital.

“We are excited to be working with Lockheed Martin, a recognized leader in automated vehicles and safety-critical systems,” said Peloton CEO Josh Switkes. “Lockheed Martin understands and supports our mission of increasing safety and fuel savings across the industry.”


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