SERV SERVE ROBOTICS INC

Serve Robotics Appoints Anthony Armenta as Chief Software & Data Officer

Serve Robotics Appoints Anthony Armenta as Chief Software & Data Officer

SAN FRANCISCO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- ("Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the appointment of former Postmates and GM executive Anthony Armenta as Chief Software and Data Officer. In the newly created role, Armenta will lead the development and strengthening of Serve's software, AI, and autonomy stack, enhancing the robots’ reliability, performance, and ability to scale nation-wide. Armenta re-joins Serve after previously spearheading early development of the company’s autonomous robots as Vice President of Software Engineering at Postmates, prior to Serve’s spin-off from Uber.

“We are thrilled to have Anthony back at Serve, using his expertise to push the boundaries of AI and autonomy in our robots. His deep experience in scaling complex systems will be crucial in helping us maintain our technology leadership,” said Serve Robotics co-founder and CEO, Dr. Ali Kashani.

Anthony Armenta brings more than 30 years of experience in software engineering and leadership to Serve. He previously served as Chief Technology Officer at GM BrightDrop, where he led teams focused on all-electric last-mile delivery, commercial fleet management, and artificial intelligence. Armenta has also held senior roles as Vice President of Software Engineering at both Postmates and Anki Robotics, and as Senior Vice President of Engineering at Wyse Technologies (acquired by Dell).

"Serve has built a leading autonomous delivery robot, demonstrating what’s possible for real-world performance," said Anthony Armenta. “I’m eager to return and work on refining our systems, expanding capabilities, and helping drive the next phase of Serve’s growth.”

About Serve Robotics

Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets.

For further information about Serve Robotics (Nasdaq: SERV), please visit or follow us on social media via , , or @serverobotics.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Serve intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act. These forward-looking statements can be about future events, including statements regarding Serve's intentions, objectives, plans, expectations, assumptions and beliefs about future events, including Serve's expectations with respect to the financial and operating performance of its business, its capital position, and future growth. The words "anticipate", "believe", "expect", "project", "predict", "will", "forecast", "estimate", "likely", "intend", "outlook", "should", "could", "may", "target", "plan" and other similar expressions can generally be used to identify forward-looking statements. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward-looking statements. Any forward-looking statements in this press release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Risks that contribute to the uncertain nature of the forward-looking statements include those risks and uncertainties set forth in Serve's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the United States Securities and Exchange Commission (the "SEC") and in its subsequent filings filed with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Serve undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Contacts

Media

Malory Van Guilder

Skyya PR for Serve Robotics



651.335.0585

Investor Relations





EN
18/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SERVE ROBOTICS INC

Serve Robotics Inc: 1 director

A director at Serve Robotics Inc sold 25,000 shares at 14.687USD and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

Serve Robotics Announces Appointment of Lily Sarafan to its Board of D...

Serve Robotics Announces Appointment of Lily Sarafan to its Board of Directors SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as executive chair. Sarafan currently se...

 PRESS RELEASE

Serve Robotics Appoints Anthony Armenta as Chief Software & Data Offic...

Serve Robotics Appoints Anthony Armenta as Chief Software & Data Officer SAN FRANCISCO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- ("Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the appointment of former Postmates and GM executive Anthony Armenta as Chief Software and Data Officer. In the newly created role, Armenta will lead the development and strengthening of Serve's software, AI, and autonomy stack, enhancing the robots’ reliability, performance, and ability to scale nation-wide. Armenta re-joins Serve after previously spearheading early development ...

 PRESS RELEASE

Serve Robotics Rolls Out Third-Generation Autonomous Delivery Robot; P...

Serve Robotics Rolls Out Third-Generation Autonomous Delivery Robot; Platform Upgrade Will Support National Scaling Faster, smarter delivery robots will support Serve’s scaling across the U.S.Manufacturing cost halved, while advancing safety, autonomy, performance and speedNew robots have entered manufacturing and are on track for deployment in 2025 SAN FRANCISCO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- ("Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today unveiled its third-generation autonomous delivery robot. The new model boasts significantly enhanced capabilitie...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch