In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal with Volvo, the company had added Mercedes-Benz and Polestar as customers of its “lifesaving” ...
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 ...
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 ...
Luminar's financial position has deteriorated significantly in 2025, and now appears to have reached a point where the company no longer has a viable future. In particular, automotive OEMs are ...
In a filing, the company said it had failed to make interest payments on its first-lien notes due in 2028. Credit: JHVEPhoto/Shutterstock.com Automotive supplier Luminar Technologies has brought in a ...
Shares of Luminar Technologies Inc (NASDAQ:LAZR) are trading higher Monday afternoon, recovering from a sharp sell-off on Friday. Here’s what investors need to know. What To Know: The drop in Luminar ...
Luminar faces ongoing losses, weak sales growth, and a fragile balance sheet. The recent resignation of the company's CEO, and the lack of communication around the event, also undermine investors' ...
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 ...
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 ...
LAC will help in promoting global auto safety. Credit: IM Imagery/Shutterstock. Automotive technology provider Luminar has formed the Luminar Automotive Council (LAC), aimed at guiding the company’s ...
ORLANDO - Luminar Technologies Inc. (NASDAQ: LAZR), known for its automotive technology, has announced a partnership with Caterpillar Inc. to incorporate its LiDAR technology into Caterpillar’s ...
Luminar Technologies Inc (NASDAQ:LAZR) shares are trading higher on Tuesday. The stock appears to be continued momentum after the company’s lidar technology was featured in a video from a prominent ...
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