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 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 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 ...

Luminar Technologies (LAZR) filed for Chapter 11 bankruptcy protection in the Southern District of Texas after losing a key contract with Volvo AB (VOLAF) (VLVLY) (VOLVF) in November. As part of the ...

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 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 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 ...

Luminar has filed motions seeking authorization to conduct sale processes for both LSI equity and its LiDAR business, with transactions expected to complete by the end of January 2026. To fund ...