Luminar received an even higher bid for its lidar business as a court-run auction concluded on Monday, according to a new filing in the company’s bankruptcy case. MicroVision, a Redmond, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The photonics company's offer ...
Quantum Computing, Inc. (QCi), the New Jersey-headquartered startup with a thin-film lithium niobate foundry operation in Arizona, looks set to acquire the lidar business unit currently belonging to ...
Luminar aims to continue operating through the Chapter 11 process, and sustain deliveries of its hardware and software. Credit: T. Schneider/Shutterstock.com. Automotive supplier Luminar Technologies ...
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 ...
Lidar maker Luminar Technologies Inc. today filed for Chapter 11 bankruptcy protection amid mounting debt pressures and slower-than-expected adoption of its autonomous vehicle technologies. The ...
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 Technologies, Inc. (NASDAQ: LAZR) shares are under heavy pressure Monday after the company announced that it initiated voluntary Chapter 11 proceedings to pursue court-supervised sale ...
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 ...
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 ...
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