Browsing: Illuminated
In early 2023, Luminar was high. After going public during the pandemic and securing a major deal with Volvo, the company had added Mercedes-Benz and Polestar…
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The Swedish car manufacturer Volvo has canceled a five-year contract with Luminar, the latest escalation in an increasingly ugly feud between the lidar sensor company and…
Lidar-maker Luminar is warning shareholders it will run out of cash in early 2026 and announced a 25% cut to its workforce to help stem the…
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Austin Russell, its billionaire founder Illuminatedhas bid to acquire the lidar maker five months after replacing him as CEO following an ethics investigation. The takeover attempt…
Security experts often describe identity as a “new perimeter” in the security world: in the world of cloud services, where the assets and applications of the…
Brightpick, a manufacturer of autonomous mobile robots, announced a high addition to its current line on Tuesday. Appropriately named Giraffe The system is remarkable for its…
Tesla CEO Elon Musk has he said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so much of Luminar that…
Luminar founder and CEO Austin Russell’s bid to acquire Forbes Global Media Holdings has ended. Integrated Whale Media Investments, the Hong Kong-based parent company of Forbes,…