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 ...

Lidar company Luminar reached a deal with Yorkville Advisors Global and an unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock ...

Luminar (Nasdaq: LAZR) reports Q1 2025 earnings tonight after surging more than 30% last quarter on a surprise beat and confirmation that Volvo EX90 deliveries with Luminar lidar would begin this ...

Credit: Anders Nilsson – Sthlm/Shutterstock. Mercedes-Benz has partnered with Luminar Technologies to jointly develop the latest version of Luminar’s light detection and ranging (LiDAR ...

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 ...

Credit: IM Imagery/Shutterstock. Automotive technology provider Luminar has formed the Luminar Automotive Council (LAC), aimed at guiding the company’s growth and promoting global auto safety.

Although, last month a Tesla Cybertruck ran into a pole with Full Self-Driving enabled ... Others called the video a paid promotion by Luminar, the company that provided the LiDAR system.

Luminar's stock continues to fall, driven by large losses, a weak balance sheet, and uncertainty regarding the timing of an expected growth inflection. The company also faces intense competition ...

Luminar stock is making big gains after Nvidia announced it will be using lidar for new autonomous driving projects. But Nvidia has not specifically named Luminar as a partner in new initiatives ...

Luminar (NASDAQ: LAZR) stock is seeing another day of big gains Tuesday. The company's share price was up 12.3% as of 12:15 p.m. ET despite the S&P 500 index being down 0.7% and the Nasdaq ...

Luminar (NASDAQ: LAZR) stock is posting huge gains in Monday's trading. The lidar company's share price was up 20.7% as of 1:30 p.m. ET amid the backdrop of a 0.9% jump for the S&P 500 index and ...