Posted inEmerging Tech & Futurism
US government lab is probing Chinese lidar for security vulnerabilities
A Department of Energy lab is investigating whether Chinese lidar sensors might pose a security risk if they…
Posted inEmerging Tech & Futurism
Lidar-maker Ouster buys vision company StereoLabs as sensor consolidation continues
Lidar-maker Ouster has acquired StereoLabs, a company that makes vision-based perception systems for robotics and industrial applications, for…
Posted inEmerging Tech & Futurism
Luminar sale approved despite last-minute mystery bid
Moments before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unidentified party…
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
China’s Hesai will double production as lidar sensor industry shakes out
Chinese lidar-maker Hesai announced plans on Monday to double its production capacity from 2 million units to 4…
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
Lidar-maker Luminar files for bankruptcy
Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures, and a…
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…