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 ...
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” ...
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 (LAZR) filed for Chapter 11 bankruptcy protection in the Southern District of Texas after losing a key contract with Volvo AB (VOLAF) (VLVLY) (VOLVF) in November. As part of the ...
Quantum Computing (QCi) has agreed to acquire Luminar Semiconductor (LSI), a fully owned subsidiary of Luminar Technologies, in an all-cash deal valued at $110m. The acquisition would bring QCi a ...
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 ...
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 ...
Quantum Computing (QUBT) announced on Monday that it intends to acquire Luminar Semiconductor for $110M in an all-cash deal from Luminar Technologies (LAZR). Quantum Computing shares fell 7.5% in late ...