136 Proprietary Data Is Likely To Determine Commercial Success In Autonomous Logistics Companies with more real-world data should have a competitive advantage. Verticalization and manufacturing partnerships also will be critical to success. Drones Autonomous Trucks Rolling Robots S C Cumulative Number Of Commercial Flights Cumulative Miles Traveled Cumulative Number of Deliveries I T S I * G Nuro 20,000 O Aurora 895,000 L * Amazon 200 S U Serve O Matternet 20,000 Robotics 70,000 M Embark 1,500,000 O N DroneUp 110,000 O Kiwibot T Gatik * 300,000 AU Manna Drone 150,000 1,500,000 Meituan 184,000 Pony.ai 1,900,000 Starship 5,000,000 Wing 350,000 890,000 Kodiak 2,500,000 Alibaba 29,000,000 Zipline Fully Autonomous Human In The Loop Fully Autonomous Human In The Loop Fully Autonomous Human In The Loop Note: All truck miles traveled are latest available real-world reported miles; Gatik Class 6 trucks have operated commercially without a safety driver in some instances and the dashed navy lines are a representation of this. *Figures estimated based on available data. Robot delivery companies have different package capacities per robot, so some can make more deliveries per run than others. Sources: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of underlying data from external sources as of January 11, 2024, which may be provided upon request. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.