In light of the ongoing challenges, Luminar has suspended its guidance for the financial year ending 31 December 2025.
Luminar, unsurprisingly, isn’t happy with Volvo’s decision. Back in late October, when Volvo shifted LiDAR from standard to optional, the sensor company filed a claim seeking significant damages. It ...
Cars with a mind of their own might be in the nearer future than expected, Luminar CEO Austin Russell told "The Claman Countdown" Thursday. Thanks to lidar laser technology and a partnership with ...
Volvo is integrating Luminar Technologies' lidar system on the automaker's upcoming electric flagship SUV, the first major carmaker to integrate the technology as standard equipment on a vehicle.
Mercedes-Benz said Thursday it plans to use Luminar’s lidar technology in future vehicles as part of a broader deal that includes data sharing and the automaker taking a small stake in the company. As ...
PALO ALTO, Calif.--(BUSINESS WIRE)-- Luminar, the global leader in automotive lidar technology powering the introduction of highway autonomy, today announced it has entered into a definitive agreement ...
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced two new key executive hires to help guide the company through its next phase of ...
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company announced that Luminar’s technology will be equipped in the new Volvo ES90, which is slated for ...
Luminar, a company that develops lidar sensors for use in self-driving cars, has seen its stock decline by about 6% over the last week, trading at $16.50 per share. The stock also remains down by ...
Clearly, LAZR stock has been a big hit among traders. It’s also favored among some analysts. For example, Northland analyst Gus Richard upgraded LAZR from “market perform” (which is similar to “hold”) ...
Luminar’s $5 billion market capitalization is by far the largest of the half-dozen lidar start-ups competing for business among both automotive manufacturers and autonomous vehicle technology ...