PlusAI's SPAC path: from $25M revenue to $40M-$50M 2026 target
For founders and VCs, PlusAI's decision to use a SPAC to fund a 2027 autonomous truck launch shows how late-stage hardware companies are finding alternative capital when traditional VC is cautious. The company cites $25 million HyperFoundry revenue and $40 million to $50 million of contracted 2026 revenue, but it remains early relative to Aurora's live service.