Oshkosh Corporation Unveils AI-Powered and Electric Vehicle Technologies at CES 2025

Oshkosh Corporation Showcases Technology for Everyday Heroes at CES 2025: Pioneering Advances in Electrification, AI, Autonomy and Connectivity

Making its debut at CES, Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today is announcing electrification, AI, autonomy and connectivity solutions to help everyday heroes -- such as firefighters, soldiers, postal carriers, construction workers and people doing tough work on the tarmac of an airport - and the communities they serve. These solutions include: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250107508918/en/ "Technology is only as valuable as the positive impact it has on our lives and within our communities," said John Pfeifer, president and chief executive officer, Oshkosh Corporation. "Oshkosh works closely with customers to design and develop solutions for difficult and challenging jobs- from protecting firefighters to reducing pollution to keeping workers safe at heights and even more routine tasks such as performing weekly chores. Our innovations use AI, autonomy, connectivity and electrification to support a safe, productive, quiet and clean future." Redefining Neighborhoods with Advanced, Purpose-Built Technology Oshkosh is redefining neighborhoods by empowering everyday heroes with advanced, purpose-built technologies that support innovation and sustainability. Electrified, route-based fleets are revolutionizing essential services such as last-mile delivery, fire and emergency response and refuse and recycling collection around the globe. At CES, Oshkosh is expanding its McNeilus® Volterra™ line with the ZFL, an electric front-loader truck for commercial refuse and recycling collection. Built for a full day of work on a single charge, it features an ergonomic design, advanced driver assistance system and telematics for fleet management. Oshkosh also unveiled three new market-leading environmental technologies to complement its McNeilus® refuse vehicle product line: Self-Driving, On-Demand Refuse Collection Oshkosh is also pioneering a new way to tackle a weekly chore - taking out the trash. At CES, the company is showcasing a Hail-able Autonomous Refuse Robot - Electric or HARR-E™. HARR-E is an autonomous, electric refuse collection robot that offers on-demand trash and recycling pickup via a smartphone app or virtual at home assistant. Using AI-enabled navigation and advanced sensors, HARR-E autonomously collects waste and returns to a central collection area. With cutting-edge AI and robotic systems, Oshkosh has developed a prototype system that optimizes efficiency and logistics to complement traditional refuse collection services and redefine day-to-day waste collection for modern, master-planned communities and businesses. Helping Manage Roadside Risks for First Responders Oshkosh strives to make a difference in people's lives. Today, first responders take incredible risks every time they respond to a call on an active roadway. More than 250 first responders have died from being struck by a vehicle on the job in the last four years. To improve the awareness of first responders and service workers, Oshkosh is featuring a Collision Avoidance Mitigation System (CAMS) - the first system of its kind designed specifically for roadside emergency scenarios. CAMS detects the trajectory, speed and proximity of oncoming vehicles relative to a parked response vehicle by using advanced camera technology with AI, advanced autonomous driving sensors and radar. CAMS provides seconds of advance notice of an impending collision, improving the awareness of everyday heroes during roadside operations. The camera system also records a continuous video feed that supports accident reconstruction and insurance documentation. Bringing Autonomous-Driving Technology to Airports and Job Sites Purpose-built, route-based vehicles are well-suited for airports and job sites where predictable routes and repetitive tasks are common. Leveraging its advanced autonomy stack, Oshkosh is debuting a driverless cargo handler for airports. This fully electric, autonomous vehicle is designed to efficiently transport baggage between designated locations on the airport ramp. Equipped with LiDAR, radars, cameras and cutting-edge sensor perception, as well as object recognition technologies, Oshkosh has developed a purpose-built, fully autonomous solution that addresses the evolving demands of the travel industry. Oshkosh is also unveiling an interconnected job site ecosystem with smart materials, automated maintenance and seamless workflows. Highlights include: Industrial Technology Designed to Transcend Industries Oshkosh's advanced, proprietary technologies enable the seamless integration of next-generation solutions across its portfolio of purpose-built vehicles, tailored to meet the specific needs of each application. As a market leader, Oshkosh delivers cutting-edge technology while actively investing in future innovations to continually enhance its capabilities. This is exemplified by Oshkosh's electrified propulsion system. Oshkosh seamlessly applies this electrification technology across a broad range of vehicles, including fire trucks, refuse and recycling collection vehicles and last-mile delivery solutions, showcasing its ability to innovate and adapt for varied end markets. Visiting Oshkosh at CES Attendees can check out Oshkosh innovations at CES booth #5616 in the West Hall of the Las Vegas Convention Center (LVCC). The latest information about Oshkosh's CES presence can be found at ces.oshkoshcorp.com. About Oshkosh Corporation At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs over 18,000 team members worldwide, all united behind a common purpose: to make a difference in people's lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Pierce®, MAXIMETAL, Oshkosh® S-Series™, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products, Oshkosh AeroTech™ and Pratt Miller. For more information, visit oshkoshcorp.com. ®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies. Forward Looking Statements This news release contains statements that the Company believes to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company's future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "should," "project" or "plan" or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company's control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the Company's ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company's filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release. Investors should be aware that the Company may not update such information until the Company's next quarterly earnings conference call, if at all.

Oshkosh unveils AI and electric vehicle tech at CES By Investing.com

LAS VEGAS - Oshkosh Corporation (NYSE: NYSE:OSK), a $6 billion market cap manufacturer of purpose-built vehicles with over $10.6 billion in annual revenue, announced an array of new technologies at CES this week. According to InvestingPro analysis, the company maintains strong financial health with an 18.65% gross margin. The innovations, centered around electrification, artificial intelligence (AI), autonomy, and connectivity, aim to enhance the safety and efficiency of essential workers in various sectors. The company introduced a first-of-its-kind, all-electric front-loader vehicle designed for refuse and recycling collection. This vehicle is built to complete a full day's work on a single charge and is equipped with an advanced driver assistance system and fleet management telematics. These innovations come as Oshkosh trades at an attractive P/E ratio of 9x, suggesting potential value for investors interested in the EV transformation story. InvestingPro's analysis indicates the stock is currently trading below its Fair Value. In addition to the electric vehicle, Oshkosh showcased an autonomous robot for on-demand refuse collection, named HARR-E™, which can be summoned via a smartphone app. The robot is designed to navigate autonomously using AI and advanced sensors to collect waste and return to a central area. For first responders, Oshkosh revealed the Collision Avoidance Mitigation System (CAMS), a first-of-its-kind technology designed to provide advanced warning of potential collisions on the roadside. CAMS uses camera technology with AI, autonomous driving sensors, and radar to enhance situational awareness for emergency personnel. Oshkosh is also bringing autonomous-driving technology to airports and job sites. The company debuted a driverless cargo handler for airports, designed to transport baggage autonomously. This electric vehicle is equipped with LiDAR, radars, cameras, and object recognition technologies. The company's CES booth features these technologies and other interconnected job site ecosystem innovations, including the JLG® Galileo, an all-electric machine that combines boom lift and rotating telehandler functions, and an Autonomous Mobile Charging Robot (AMCR) concept for wireless equipment charging. John Pfeifer, president and CEO of Oshkosh Corporation, emphasized the value of technology in making a positive impact on communities and supporting a safe, productive, and clean future. Oshkosh's advancements demonstrate its commitment to integrating next-generation solutions across its portfolio of vehicles, which serve various end markets from fire and emergency services to refuse and recycling collection. The information in this article is based on a press release statement from Oshkosh Corporation. In other recent news, Oshkosh Corporation has witnessed significant developments. The company reported a 9% revenue increase to $2.74 billion in the third quarter of 2024, with an adjusted earnings per share (EPS) of $2.93. Additionally, Matthew Field has been appointed as the new Chief Financial Officer, a move that Baird analysts view positively due to his extensive industry experience. However, the company has adjusted its full-year EPS outlook downward due to softer market conditions in North America. Oshkosh has also announced Ranjit Nair as the new President of Oshkosh AeroTech, a strategic move emphasizing the company's focus on advancing aviation technologies. This comes amid concerns about potential changes to the U.S. Postal Service's contracts for electric vehicles. Analyst Kyle Menges from Citi suggests a possible reduction in earnings per share if the electric vehicle portion of the contract is entirely removed, but maintains a positive outlook on Oshkosh. These are the recent developments for Oshkosh Corporation, a company that continues to navigate through various market challenges and changes.

Oshkosh Customers Delta Air Lines, Republic Services and United Rentals to Participate in Tech Talks at Company's CES 2025 Exhibit By Investing.com

Tech Talks feature insights on how technology is transforming airports, neighborhoods and job sites in support of everyday heroes OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today announced its schedule of in booth Tech Talks for CES 2025. These 20-minute sessions will feature executives and subject matter experts from Oshkosh (NYSE:OSK) customers including Delta Air Lines (NYSE:DAL), Republic Services (NYSE:RSG) and United Rentals (NYSE:URI). The speakers will provide insights into how they are deploying electrification, AI, autonomy and connectivity technology in purpose-built, route-based vehicles to transform their businesses, redefine customer experiences, increase productivity, boost safety and sustainability and enhance employee engagement. Oshkosh is pleased to host a Tech Talk series at CES 2025, to amplify how our customers are harnessing mobility technology to redefine industries, said Jay Iyengar, chief technology and strategic sourcing officer at Oshkosh Corporation. From transforming airports and neighborhoods to revolutionizing job sites, innovation is creating a safe, efficient and more sustainable future. CES provides the perfect platform to highlight these advancements. The Tech Talks will be held at Oshkosh CES booth #5616 in the West Hall of the Las Vegas Convention Center (LVCC), and will include: The Tech Talks are open to all CES attendees. Media and analysts can arrange a booth tour to accompany the Tech Talks by emailing oshkosh@allisonworldwide.com. Explore the Future of AI, Autonomy, Mobility and Robotics Beyond the Tech Talks, Oshkosh executives and industry experts will share their insights into the future of robotics, mobility and AI in a variety of panel sessions, including: Visit Oshkosh at CES Attendees can see Oshkosh's latest innovations at CES booth #5616 in the West Hall of the Las Vegas Convention Center (LVCC). The booth with showcase how Oshkosh is transforming some of the world's toughest jobs through innovation, including advancements in electrification, AI, autonomy, connectivity and advanced analytics to help customers promote safety, boost productivity and drive sustainability. Attendees can also see Oshkosh's vision of how these technologies will transform airports, job sites and neighborhoods in the future. To learn more about Oshkosh's CES presence, visit ces.oshkoshcorp.com. About Oshkosh Corporation At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs over 18,000 team members worldwide, all united behind a common purpose: to make a difference in people's lives. Oshkosh products can be found in more than 150 countries under the brands of JLG ®, Pierce ®, MAXIMETAL, Oshkosh ® S-Series™, Oshkosh ® Defense, McNeilus ®, IMT ®, Jerr-Dan ®, Frontline™ Communications, Oshkosh ® Airport Products, Oshkosh AeroTech™ and Pratt Miller. For more information, visit oshkoshcorp.com. ®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies. Forward Looking Statements This news release contains statements that the Company believes to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company's future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as may, will, expect, intend, estimate, anticipate, believe, should, project or plan or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company's control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the Company's ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company's filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release. Investors should be aware that the Company may not update such information until the Company's next quarterly earnings conference call, if at all.

Oshkosh launches EV and other tech for specialty vehicles with safety, quiet and cleanliness in mind

It's an example of the trend of non-tech companies showing up with technology that makes products better but doesn't take center stage. In this case, the 107-year-old company is bringing us EV postal service trucks, collision avoidance for first responders, and garbage pickup robots. Oshkosh announced its Collison Avoidance Mitigation System designed specifically to keep first responders and service workers safe while operating in high-risk roadside environments. The Oshkosh, Wisconsin-based company also launched AI and electrified solutions that improve refuse and recycling collection in communities and an innovative, autonomous robot designed for on-demand refuse collection that reduces weekly chores. "Technology is only as valuable as the positive impacts it has on our lives and our communities," said John Pfeifer, Oshkosh CEO, in a statement. "Oshkosh has been working closely with our customers to find solutions to the toughest challenges for some of the hardest jobs in the world - from protecting firefighters to reducing pollution to tackling weekly chores. Our latest solutions use AI, autonomous, connected, and electrification technology to transform our neighborhoods and put technology to work for all of us to make our world safer, cleaner, quieter, and more sustainable." Pfeifer said in a press briefing that the company leverages tech born on race tracks with its PrattMiller division, and then it takes them into areas like reducing risks for those working on the road with fire trucks or two trucks. Pfeifer said the company is working on tech for the airport of the future, the job site of the future and the neighborhood of the future. Smarter airports, postal trucks and garbage trucks In airports, anyone can see inefficiencies in airports like sitting around airports because of long lines or delays. AI-driven docks, cargo handling and airplane parking tools can minimize human error or delays in getting planes and luggage to where they need to be. iOPS tech can digitally connect the entire gate operation for an aircraft and can synchronize everything, reducing aircraft turnaround time by two minutes for each flight, based on a test with one airline with 200 planes. The cumulative savings in time, efficiency and cost becomes significant, Pfeifer said. To make job sites safer, Oshkosh is making autonomous vehicles and similar hubs that can manage vehicles so they're ready when needed. Oshkosh makes purpose-built, route-based vehicles like postal service trucks. Electric cars have problems with unpredictable driving distances and scarce EV chargers. But the fleets that the postal service uses have predictable routes and can be tailored to maximize the use of the EV infrastructure. Oshkosh is delivering 165,000 vehicles to the USPS, and 70% of them are zero-emission EV trucks, Pfeifer said. Reducing roadside risks for first responders Oshkosh noted that first responders and service workers, such as tow truck drivers, take incredible risks every time they respond to a call that involves an active roadway. More than 250 first responders have died from being struck by a vehicle (mostly driven by distracted drivers) on the job in the last four years. To improve the safety of first responders and service workers, Oshkosh developed the Collison Avoidance Mitigation System (CAMS) - the first system designed specifically for roadside emergency scenarios. CAMS accurately detects the trajectory, speed, and proximity of oncoming vehicles relative to a parked response vehicle by using advanced camera technology with AI, advanced autonomous driving sensors, and radar, Iyenger said. This tech came from the PrattMiller car racing business. CAMS provides two to three seconds of advance notice of an impending collision, significantly improving the safety of everyday heroes during roadside operations, Iyenger said. The camera system also records a continuous video feed that supports accident reconstruction and insurance documentation, adding another layer of operational safety. Whether responding to accidents, performing roadside assistance, or managing snow removal, CAMS is an essential tool that enhances situational awareness. Improving neighborhoods with better refuse and recycling collection Oshkosh also introduced three market-leading technologies that complement its McNeilus Volterra ZSL - a first-of-its-kind integrated, electric garbage truck for refuse and recycling collection in North America. Most refuse trucks are outdated in terms of modern safety, comfort and noise pollution principles, said Jay Iyenger, CTO of Oshkosh, said in a briefing. But the new truck can do things like detect a bin and reach out accurately with a robotic arm to pick it up on the first try. Normally, a driver has to stop and use a joystick to pick up a bin through trial and error. Iyenger said Oshkosh is working on ways to make electrificiation, autonomy, and AI technologies to make gargage collection and recyling more efficient. There are problems like cross-contamination of recyclables and refuse. It is also designed for operator comfort and safety. It also has a new McNeilus Volterra ZFL front-loading truck to complement its side-loading truck. The new technologies include: Eliminating weekly chores for consumers Oshkosh is also pioneering a new way to tackle a required weekly chore - taking out the trash and recycling. At CES, it is showcasing a Hail-able Autonomous Refuse Robot - Electric (HARR-E). HARR-E is an innovative, autonomous robot designed for on-demand garbage collection. It provides a smarter, cleaner, and safer solution than traditional door-to-door waste collection methods. HARR-E allows residents to request a trash pick-up service using a smartphone app or a virtual assistant smart speaker. The robot will then make its way from a central refuse collection area within the neighborhood. It will navigate to the resident's home autonomously using a known map of the area and perception sensors, Iyenger said. Upon reaching the resident's home, HARR-E automatically opens its lid, and residents can place their trash inside. An internal scale weighs the deposited garbage, which monitors the payload. This gives apartment complexes the option to charge a collection fee by weight. After taking the refuse, HARR-E closes its lid and returns to the central neighborhood collection area to drop off its load and recharge for the next pick-up, Iyenger said. HARR-E is designed to benefit all residents while also helping with accessibility for people with disabilities and aging individuals who find typical curbside refuse collection challenging. Additionally, HARR-E is expected to reduce waste management costs by 25% by eliminating labor expenses and minimizing vehicle maintenance. It can improve the cleanliness of homes and neighborhoods by reducing the need to store waste in bins waiting for pick up. Attendees can check out Oshkosh's latest innovations and more at booth#5616 in the West Hall of the Las Vegas Convention Center (LVCC). Separately, Oshkosh leaders will participate in sessions at CES Tech Talks at CES 2025, with insights into they are deploying electrification, AI, autonomy and connectivity technology to transform their businesses, redefine customer experiences, increase productivity, boost safety and sustainability, and enhance employee engagement. Oshkosh has more than 18,000 employees and it was founded in 1917. It has $9.7 billion in annual revenue.