The sensor company went public in 2020 but recently lost a key contract with Volvo.

ORLANDO, Fla.--(BUSINESS WIRE)--Today, Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced certain key executive updates that include Alex Fishkin joining as Chief Legal ...

Lidar maker Luminar has filed for Chapter 11 and plans to sell off its assets after Volvo terminated a key contract.

Luminar says trouble with Volvo started as early as 2022, and that the Swedish automaker made -- but then backed away from -- ...

Quantum Computing (QCi) has agreed to acquire Luminar Semiconductor (LSI), a fully owned subsidiary of Luminar Technologies, in an all-cash deal valued at $110m. The acquisition would bring QCi a ...

Luminar Technologies Inc, which manufactures laser-based sensors for cars, filed for bankruptcy shortly after it lost a contract with Swedish carmaker Volvo Car AB.

Mercedes-Benz announced multiple newsworthy innovations during its Operating System Strategy Update in Sunnyvale, California earlier today. The German automaker announced it is building its own ...

Mercedes-Benz said Thursday it plans to use Luminar’s lidar technology in future vehicles as part of a broader deal that includes data sharing and the automaker taking a small stake in the company. As ...

PALO ALTO, Calif.--(BUSINESS WIRE)-- Luminar, the global leader in automotive lidar technology powering the introduction of highway autonomy, today announced it has entered into a definitive agreement ...

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company announced that Luminar’s technology will be equipped in the new Volvo ES90, which is slated for ...

Clearly, LAZR stock has been a big hit among traders. It’s also favored among some analysts. For example, Northland analyst Gus Richard upgraded LAZR from “market perform” (which is similar to “hold”) ...