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 ...
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'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 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Luminar's stock price has ...
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' ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Luminar's founder has resigned ...