ORLANDO, Fla.--(BUSINESS WIRE)--Today, Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the fourth quarter and ...

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 ...

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 ...

Luminar faces ongoing losses, weak sales growth, and a fragile balance sheet. The recent resignation of the company's CEO, and the lack of communication around the event, also undermine investors' ...

Luminar faces potential bankruptcy as Volvo backs off its promise to make lidar standard in its flagship models. Volvo blamed "limited supply of the lidar hardware." Luminar has already warned ...

Luminar Technologies' key partnerships with Volvo and Caterpillar could drive future revenue, but the transition to the next-gen Halo sensor may slow short-term gains. Despite cost-cutting efforts, ...

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” ...

Unified Product Architecture Creates New Global LiDAR Standard with Top OEMs & Streamlines Business Production LiDAR Shipments Up 50% QoQ; Continued OpEx Improvement QoQ ORLANDO, Fla.--(BUSINESS WIRE) ...

Secured New Contract with Industrial OEM & Luminar Halo Development Contract for Leading Auto OEM “This past year represents a culmination of a decade’s worth of work with the launch of the Volvo EX90 ...