Luminar Technologies, Inc. (NASDAQ:LAZRQ) provided an update Monday on its ongoing Chapter 11 bankruptcy proceedings, detailing the next steps for the sale of assets and liquidation of the company, ...
Volvo is foregoing the Lidar safety instrument in future vehicles. For Volvo's Lidar supplier Luminar Technologies, this is the final nail in the coffin. The US company has filed for Chapter 11 ...
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 has filed motions seeking authorization to conduct sale processes for both LSI equity and its LiDAR business, with transactions expected to complete by the end of January 2026. To fund ...
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 ...
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 stock price has crashed to a record low. The company warned that it may run out of money soon. LAZR shares may continue falling in the coming weeks. Luminar stock price has crashed to a record ...
Austin Russell, the billionaire founder of Luminar, has made a bid to acquire the lidar maker five months after he was replaced as CEO following an ethics inquiry. The takeover effort was disclosed in ...
Luminar Technologies Inc. and a subsidiary’s former leader must defend against allegations they intentionally or recklessly misled shareholders with an image of a competitor’s technology in a ...