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 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 ...

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 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 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 ...

Luminar Technologies (LAZR) shot up in Thursday afternoon trading after the company was mentioned at Rivian Automotive's (RIVN) Autonomy and AI Day. Rivian Automotive (RIVN) said it plans to integrate ...

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 ...

Luminar Technologies Inc, which manufactures laser-based sensors for cars, filed for bankruptcy shortly after it lost a contract with Swedish carmaker Volvo Car AB. The Orlando-based company filed for ...

Luminar Technologies, Inc. (NASDAQ: LAZR) shares are under heavy pressure Monday after the company announced that it initiated voluntary Chapter 11 proceedings to pursue court-supervised sale ...