A new leading bidder has appeared in the Luminar bankruptcy case: Redmond, Washington-based MicroVision, which beat out ...
Luminar's solid-state LiDAR technology offers high-resolution, long-range capabilities, but faces significant competition from other LiDAR vendors and alternative sensors like cameras and imaging ...
An unidentified bidder submitted a Hail Mary offer that was "substantially higher" than the winning bid at auction. Founder Austin Russell has been circling a bid, but it's not clear he was behind it.
The company, which makes laser sensors for autonomous driving, says it will transition to an ‘asset light’ model that involves outsourcing manufacturing to other companies. The company, which makes ...
Still waiting on published materials detailing its new strategic plan and associated actions, cost savings, quarterly business update, and Q1 financials as promised by management. In a May 4th presser ...
BofA lowered the firm’s price target on Luminar (LAZR) to $4.50 from $5 and keeps an Underperform rating on the shares. The firm lowered estimates, reflecting a reduction in its revenue forecast, ...