2022-04-01

Luminar Acquiring Freedom Photonics, Leader in High-Performance Laser Chips

ORLANDO, Fla.--(BUSINESS WIRE)-- Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it is acquiring high-performance laser manufacturer Freedom Photonics. This transaction follows a multi-year collaboration and brings fundamental next-generation chip-scale laser technology, IP, and production expertise in-house for Luminar lidar systems.   Luminar is acquiring Freedom Photonics, a leader in developing laser chips that can deliver breakthrough power, beam quality and economies of scale...
Continue reading
2021-12-24

Luminar and Volvo Cars to Host Press Conference at CES 2022

Event will showcase Volvo’s Concept Recharge with Iris lidar integration and present the two companies’ vision for the future of automotive safety and autonomy Volvo Concept Recharge model with Luminar Iris roofline integration (Photo: Business Wire) December 06, 2021 12:00 PM Eastern Standard Time ORLANDO, Fla--(BUSINESS WIRE)--Luminar Technologies, Inc. (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, and global automotive safety leader Volvo Cars, will host a joint press confer...
Continue reading
2021-08-13

Luminar Reports Q2 2021 Results and Business Update

Raises Guidance for Full-Year 2021 Revenue, Major Commercial Program Targets, and Forward-Looking Order Book   Orlando, Fla. — Aug. 12, 2021 — Luminar Technologies, Inc. (NASDAQ: LAZR), the global leader in automotive lidar hardware and software technology, today announced its quarterly business update and financials for the second quarter of 2021, ended June 30, 2021. The company is increasing full-year guidance for major commercial wins, revenue, and forward-looking order book growth as a result of strong execution year-to-date and a...
Continue reading
2021-05-27

Does Tesla Test LiDAR?

Luminar, a company which develops LiDAR for ADAS and autonomous driving, hasreported that Tesla is testing Luminar’s LiDAR sensors on its Model Y electric vehicles. This is interesting. Tesla relies on a camera-based system for its autonomous-driving system, with CEO Elon Musk previously dismissing the use of LiDAR sensors. But, being the world’s most valuable auto company, Tesla testing out LiDAR might appear positive for an emerging company, and it probably needs to be observed long terms about Tesla’s sensor strategies. Since Te...
Continue reading
2020-08-25

LiDAR Company Luminar to Be Listed on Nasdaq Through Merger with Gores Metropoulos

Luminar announced that it has entered into a definitive agreement to merge with Gores Metropoulos and once the transaction finished, the combined company will be listed on Nasdaq under “LAZR.” Luminar is set to power the introduction of highway self-driving and next-generation safety systems and is partnered with 7 of the top 10 global automakers including Volvo and Audi. Starting in 2022, Luminar’s hardware and software will be integrated into Volvo’s global vehicle platform, the foundation for their next generation of consumer vehicles. (Image:...
Continue reading
2020-07-24

LiDAR Companies Strengthen Global Teams to Boost Automotive Market

LiDAR sensor and technology builders Cepton and Luminar recently announced their expansion plans respectively, aiming to scale the market as well as to speed up technology development. Cepton Technologies, who began partnership with Japan-based Koito, appointed industry veteran Andrew Klaus as country manager for Japan, marking its continued expansion into the Japanese and Asian markets. Klaus’ role will initially focus on building Cepton’s market share in Japan, where the company has experienced growing demand for its high-performance LiDAR solution...
Continue reading
2020-05-08

LiDAR to be Adopted in Next-gen Volvo Cars in 2022 for Self-driving

Volvo unveiled its plan to launch its next generation self-driving car in 2022 by integrating LiDAR technology supported by Luminar. Volvo Cars, the Sweden-based company now owned by Geely Holding of China, said that its next generation SPA2 modular vehicle architecture will be available as hardware-ready for autonomous drive from production start in 2022,with the Luminar LiDAR seamlessly integrated into the roof. (Image: Volvo/Luminar) The LiDAR technology of Volvo’ new car is supported by Luminar, a LiDAR startup company aiming to make cost ...
Continue reading
2020-01-08

LiDAR Companies Presents Their Latest Developments at CES 2020 to Accelerate Autonomous Driving Technology and More

CES 2020 officially kicked out on yesterday in Las Vegas with more than four thousands companies all over the world presenting their novel applications and technologies. Automotive applications covering autonomous driving technologies are one major field targeted by worldwide technology builders. After SONY demonstrated the conceptual electronic vehicle Vision S at its press conference, several LiDAR companies also revealed their new LiDAR sensors at CES with a wide range of applications. (Image: Velodyne) Velodyne Lidar introduced Velabit™, the co...
Continue reading
2019-07-12

Luminar Drives Expansion into Automotive Market with Over US$250 Million Fund

US-based LiDAR startup Luminar announced that it is entering the consumer automotive and commercial trucking markets with a sensing and perception platform called Iris. After three years of stealth development and continuously increasing funds, the company revealed its perception software built on its LiDAR sensing platform. (Image: Luminar) A recent addition of US$100 million, along with previously unannounced capital, brings the company’s total raised to date to more than $250 million. Major financial investors include G2VP, two of the most prominent sover...
Continue reading
2018-11-28

Luminar and Volvo Demonstrate Advanced LiDAR Perception Technology

LiDAR startup Luminar and Volvo Cars revealed their development in LiDAR perception for safe autonomous driving technology. Volvo has announced to invest in Luminar in June and became the first of its partners to develop advanced perception capabilities for vehicles. Volvo Cars has introduced its vision for full autonomy with its 360c concept and worked closely with Luminar. At the AutoMobility show in Los Angeles, the two companies jointly demonstrated long-range perception capabilities on a live drive along Los Angeles highways and streets to show Volvo Cars lo...
Continue reading
2018-11-08

LiDAR Startups Update: Luminar Hires Ex-Uber Executive and Aeva Introduces 4D LiDAR Technology

With the drives from autonomous car development, LiDAR technology has been under the spotlight. Startups which focus on the technology have also gained attentions from the related industry and continued to unveil their development and updates about the technology. Luminar, a LiDAR startup that aim to increase the accessibility of the technology, has recruited Brent Schwarz, a veteran in the LiDAR sensor industry who has experiences at Velodyne and established his own company, Tyto LiDAR. As his LiDAR startup was acquired by Otto, which was then bought by Uber...
Continue reading
2018-07-05

Volvo Cars Invests in LiDAR Maker Luminar

LiDAR plays a key role in applications of intelligent transportation such as automatic vehicles. With the understanding, Volvo Cars announced its investment in Luminar, a U.S. based start-up developing advanced LiDAR sensor for self-driving cars.
Continue reading

NF2W585AR-P8 is a dual function LED that provides both white light and high doses of energy geared for inactivation of various prevalent bacteria. With a 405nm wavelength1 die known to be effective in sterilization, this LED can be used t... READ MORE

  The 5050 LED is replacing the 3535 LED, which has long been the leader in the outdoor lighting market. The existing ceramic-based 3535 has excellent reliability but is expensive. At present, the 5050 LED, which has achieved remarkable p... READ MORE