Luminar Technologies' key partnerships with Volvo and Caterpillar could drive future revenue, but the transition to the next-gen Halo sensor may slow short-term gains. Despite cost-cutting efforts, ...
The company, which makes laser sensors for autonomous driving, says it will transition to an ‘asset light’ model that involves outsourcing manufacturing to other companies. The company, which makes ...
Luminar's Q3 2024 results were mixed, with an 8.6% revenue decline. This drop is attributed to a re-negotiated non-automotive contract, not affecting future growth reliant on LiDAR system adoption.
Luminar achieves start of production (SOP) for Volvo Cars; Marks first time industry transitioning from R&D to standard on global production vehicles; Kicks off conversion of nearly $4 Billion Order ...
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