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Lidar-maker Luminar says its founder and former CEO Austin Russell has been evading requests for information — including a subpoena — that the company needs in order to decide whether it should take ...

What To Know: Luminar said the bankruptcy filing is part of a strategic push to facilitate a court-supervised sale of its assets and address its debt obligations. Luminar emphasized that Luminar ...

Luminar Technologies filed for Chapter 11 bankruptcy protection in Texas on Monday, seeking to sell its core business after losing a crucial supply contract with Volvo Cars and facing mounting ...

Luminar Technologies, which makes sensor technology for self-driving cars, filed for bankruptcy after losing a supply contract with Volvo Cars. The technology company said it has entered chapter 11 ...

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 ...

The lidar maker has been stuck in a legal fight with its former CEO, Austin Russell, and has gone through several rounds of layoffs. The lidar maker has been stuck in a legal fight with its former CEO ...

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 ...

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 ...