Plus AI's Autonomous Trucking Technology Set to Transform Logistics Industry Through Merger

Plus Automation Inc. and Churchill Capital Corp IX Merger: A New Era for Autonomous Trucking

In a strategic move poised to revolutionize the logistics landscape, Plus Automation Inc., an innovative AI-driven software company specializing in autonomous trucking solutions, has announced its merger with Churchill Capital Corp IX. This merger is expected to bring substantial funding and exposure to Plus as it prepares to launch its proprietary software, SuperDrive, in a market anticipated to reach $2 trillion in the trucking industry across the U.S. and Europe.

The Merger: A Strategic Partnership

The decision for Plus to go public through a merger with Churchill Capital Corp IX signals confidence in the burgeoning field of autonomous vehicles. The transaction, which values Plus at a pre-money equity of $1.2 billion, is projected to provide approximately $300 million in gross proceeds. This capital infusion will be crucial in supporting Plus through the anticipated commercial launch of its factory-built autonomous trucks enabled by the SuperDrive software, expected in 2027.

Michael Klein, Chairman and CEO of Churchill IX, shared his excitement, stating that the partnership grants public investors access to a leading company primed for AI-driven innovation. He underscored the fundamental role of trucking in the global economy and the potential of autonomous technology to address the ongoing driver shortage.

Plus: A Leader in AI for Autonomous Driving

Founded in 2016 in Silicon Valley, Plus has emerged as a pioneer in deploying virtual driver technology. The company was built on principles of engineering excellence with a focus on artificial intelligence and machine learning. Plus has already amassed over five million miles of real-world operational data, enhancing its technology development. The core of its business—the SuperDrive platform—employs advanced AI models to make trucking safer and more efficient.

In April 2025, Plus reached a pivotal milestone by validating the safety of its driver-out system, and it is currently conducting extensive public road tests in Texas and Sweden. With influential partnerships with global truck manufacturers such as TRATON GROUP, Hyundai, and IVECO, Plus's strategy emphasizes deep integration with these OEMs to streamline the production and servicing of autonomous trucks.

Addressing Industry Challenges

The trucking industry faces significant challenges, including a severe driver shortage and rising operational costs. Currently, the U.S. and Europe experience a combined deficit of over 300,000 truck drivers annually—a figure expected to rise as the workforce ages. Autonomous trucks equipped with Plus's software could mitigate these challenges by decreasing operating costs and increasing the utilization rates of freight vehicles.

Plus's approach to commercialization is unique. Instead of relying solely on sales, it employs a driver-as-a-service model, offering its autonomous technology on a per-mile revenue basis. This model is designed to ensure high gross margins while facilitating capital-efficient growth.

Future Prospects and Strategic Vision

As it prepares for the launch of SuperDrive-enabled trucks, Plus is not merely fixing today's logistics challenges; it is envisioning a future where fleet operators can manage autonomous freight networks seamlessly. The company’s commitment to leveraging AI breakthroughs while navigating supportive regulatory landscapes can position it to capture significant market share in an industry desperate for transformation.

David Liu, Co-Founder and CEO of Plus, articulated a vision of a logistics future characterized by improved safety, enhanced efficiency, and reduced costs, all made possible through their innovative technology and the strategic merger. With the combination of significant capital, advanced technology, and established partnerships, Plus is set to escalate its mission dramatically.

In summary, the merger between Plus Automation and Churchill Capital marks a substantial step towards a future where autonomous trucking systems not only augment the logistics sector but redefine it. The anticipated benefits are vast—ushering in an era of efficiency where goods can be transported safely and swiftly, ultimately benefiting consumers globally.