Caterpillar Inc. CAT has entered into a partnership with Luminar Technologies, Inc. LAZR to integrate its LiDAR technology into the former’s next-generation autonomous solution. This ...

Caterpillar is adding lidar to its heavy-duty construction equipment after striking a deal with Luminar, which makes the laser sensor for a number of automakers and self-driving car operators.

Company founder and CEO Austin Russell told investors that Luminar was “off to the races” so far this year, as key customers transition to the firm’s forthcoming Halo product. “[We] expect lidar ...