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' ...
Luminar Technologies initiated another round of layoffs amidst financial difficulties and restructuring efforts, following the resignation of CEO Austin Russell after an ethics inquiry. The company ...
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 ...
SAN FRANCISCO, April 29 (Reuters) - Mercedes-Benz (MBGn.DE), opens new tab has signed a new agreement with Luminar Technologies (LAZR.O), opens new tab to develop and integrate its latest lidar ...
Getting just the right shot is exciting, but any professional photographer will tell you that post-production work separates decent vacation snapshots from magazine-worthy images. That requires ...