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Luminar aims to continue operating through the Chapter 11 process, and sustain deliveries of its hardware and software. Credit: T. Schneider/Shutterstock.com. Automotive supplier Luminar Technologies ...
Luminar is also selling its lidar business, which manufactures sensors used in self-driving systems. Quantum Computing Inc (QCI) is acquiring Luminar Technologies subsidiary Luminar Semiconductor as ...
Lidar maker Luminar Technologies Inc. today filed for Chapter 11 bankruptcy protection amid mounting debt pressures and slower-than-expected adoption of its autonomous vehicle technologies. The ...
Luminar Technologies filed for Chapter 11 bankruptcy in Texas on Dec. 15 after losing a lidar supply contract with Volvo, listing $100 million to $500 million in assets and $500 million to $1 billion ...
Volvo has been one of the industry’s stalwart supporters of lidar for autonomous driving, even while the sensors in some of its models were frying smartphone cameras. However, the automaker has been ...
Swedish automaker Volvo has canceled a five-year-old contract with Luminar, the latest escalation in an increasingly ugly brawl between the lidar sensor company and its biggest customer. The fight is ...
Luminar Technologies initiated another round of layoffs amidst financial difficulties and restructuring efforts, following the resignation of CEO Austin Russell after an ethics inquiry. The company ...
Luminar Technologies' founder and CEO Austin Russell’s sudden departure due to mysterious ethics violations was a spotlight during the Q1 2025 earnings update. Russell's exit effectively strips away ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Luminar's founder has resigned ...
SAN FRANCISCO, April 29 (Reuters) - Mercedes-Benz (MBGn.DE), opens new tab has signed a new agreement with Luminar Technologies (LAZR.O), opens new tab to develop and integrate its latest lidar ...