Arcimoto Joins Project Vesta To Mitigate Wildfires

Arcimoto Inc FUV has joined SoCal Tech Bridge’s Project Vesta, a public-private partnership designed to mitigate wildfires.
The partnership will use a combination of technologies powered by AI, 5G, and ultra-efficient vehicles.
Arcimoto will participate in the first Project Vesta live experiment from February 14 to 18 at Camp Roberts in San Miguel, California.
The Vesta Team will be testing an unmanned fire mitigation prototype that is designed to identify risk, reduce response time, and support wildfire mitigation efforts.
Price Action: FUV shares closed lower by 2.92% at $5.98 on Thursday.

Posted In:

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.