As Orlando, Florida-based Luminar Technologies embarks on its 2024 investor day, it is releasing a bunch of news. This includes the announcement of its next-generation sensor and claimed safety ...

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 ...

Luminar Technologies' stock has crashed and is trading at a fraction of its 2020 price. The company has a significant long-term debt burden that may pose challenges in the future, hence the new "asset ...

Luminar missed all its objectives for key operating indicators in Q4, including revenue and operating cash flow. The company plans to spend at least $190M from its current cash by the end of 2024.

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” ...

The company, which makes laser sensors for autonomous driving, says it will transition to an ‘asset light’ model that involves outsourcing manufacturing to other companies. The company, which makes ...

Luminar achieves start of production (SOP) for Volvo Cars; Marks first time industry transitioning from R&D to standard on global production vehicles; Kicks off conversion of nearly $4 Billion Order ...