Browsing: Luminar
Moments before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unknown party submitted a bid that apparently blew away the…
Luminar received an even higher bid for its lidar business as a judicial auction concluded on Monday, according to new deposit in the bankruptcy case of…
Luminar founder and former CEO Austin Russell has agreed to subpoena his phone for information about the company as part of the lidar maker’s ongoing bankruptcy…
Luminar has reached an agreement to sell its lidar business to a company called Quantum Computing Inc. for just $22 million unless he receives better offers…
Lidar-maker Luminar says its founder and former CEO Austin Russell has been avoiding requests for information — including a subpoena — the company needs to decide…
Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures and a legal battle with its biggest customer, Volvo. The…
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…
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…
Lidar’s Liminar Luminar reached an agreement with Yorkville Advisors Global and an anonymous investor who could bring another $ 200 million to his funds through the…