Posted inEmerging Tech & Futurism
Luminar receives a larger $33 million bid for its lidar business
Luminar received an even higher bid for its lidar business as a court-run auction concluded on Monday, according…
Posted inEmerging Tech & Futurism
Luminar lines up $22 million bidder for its lidar business
Luminar has reached a deal to sell its lidar business to a company called Quantum Computing Inc. for…
Posted inEmerging Tech & Futurism
Luminar claims founder Austin Russell is dodging a subpoena in the bankruptcy case
Lidar-maker Luminar says its founder and former CEO Austin Russell has been evading requests for information — including…
Posted inEmerging Tech & Futurism
How Luminar’s doomed Volvo deal helped drag the company into bankruptcy
In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal…
Posted inEmerging Tech & Futurism
Luminar is fighting with its biggest customer as bankruptcy threat looms
Swedish automaker Volvo has canceled a five-year-old contract with Luminar, the latest escalation in an increasingly ugly brawl…