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 ...

Automotive supplier Luminar Technologies has brought in a restructuring specialist after falling behind on multiple interest payments, underscoring mounting strain across the automotive supply chain.

Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures, and a legal fight with its largest customer, Volvo. The company aims to sell off its ...

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Many car manufacturers view LiDAR sensors as a key component in advanced self-driving systems, and Volvo was among the first to commit to the technology. The Swedish automaker partnered early with U.S ...

Lidar company Luminar reached a deal with Yorkville Advisors Global and an unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over ...