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'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 ...
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 ...
Shares of Luminar Technologies Inc (NASDAQ:LAZR) are trading higher Monday afternoon, recovering from a sharp sell-off on Friday. Here’s what investors need to know. What To Know: The drop in Luminar ...
Luminar Neo has some excellent AI image-enhancement tools but is hampered by some strange workflow oddities, distinctly average preset effects, and a constantly changing marketing strategy that may ...
Q2 consensus sees revenue of $17.27M and EPS of –$1.18, reflecting narrower losses but only ~5% top-line growth. CEO transition looms large after founder Austin Russell resigned abruptly last quarter.
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 Technologies initiated another round of layoffs amidst financial difficulties and restructuring efforts, following the resignation of CEO Austin Russell after an ethics inquiry. The company ...
Luminar share price has crashed, erasing billions of dollars in value. The company announced a new round of layoffs this week. There are concerns about its cash burn, management changes, and ...