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 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, which manufactures laser-based sensors for cars, filed for bankruptcy shortly after it lost a contract with Swedish carmaker Volvo Car AB. The Orlando-based company filed for ...
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 ...
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 ...
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 ...
ORLANDO, Fla., December 15, 2025--(BUSINESS WIRE)--Luminar Technologies, Inc. (NASDAQ: LAZR) (the "Company" or "Luminar"), a leading global technology company, today announced that it has initiated ...
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 reversed direction on a previous commitment to supply standard lidar on the EX90 SUV and ES90 sedan. It started with a vague announcement that "To meet customer demand and due to limited ...
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 ...
Volvo Cars has terminated its supply deal with Luminar Technologies, the US-based automotive lidar pioneer whose financial position already looks perilous. In a November 17 filing with the US ...
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 ...