Transport
MicroVision Turns $33M Luminar deal into trucking LiDAR expansion
MicroVision acquired Luminar assets for $33 million, adding Iris and Halo LiDAR. The company's strategy for commercial trucking includes insurance and safety s…
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Luminar
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Latest on Luminar
Newest firstLuminar sale approved despite last-minute mystery bid
An unidentified bidder submitted a Hail Mary offer that was "substantially higher" than the winning bid at auction. Founder Austin Russell has been circling a…
Technology
Luminar receives a larger $33 million bid for its lidar business
A new leading bidder has appeared in the Luminar bankruptcy case: Redmond, Washington-based MicroVision, which beat out Quantum Computing Inc.'s bid by $5 mill…
Luminar founder Austin Russell agrees to accept subpoena in bankruptcy case
The agreement comes two weeks after Luminar accused its billionaire founder of dodging information requests, as it evaluates potential legal claims.
Technology
Luminar lines up $22 million bidder for its lidar business
The bid comes from Quantum Computing Inc., which already lined up to buy Luminar's semiconductor division. Luminar founder Austin Russell has also expressed in…
Luminar claims founder Austin Russell is dodging a subpoena in the bankruptcy case
The Luminar founder claims he has been cooperative.
Autos
How Luminar's doomed Volvo deal helped drag the company into bankruptcy
Luminar says trouble with Volvo started as early as 2022, and that the Swedish automaker made -- but then backed away from -- large orders of its lidar sensors.
Lidar-maker Luminar files for bankruptcy
Lidar-maker Luminar files for bankruptcy
Luminar is fighting with its biggest customer as bankruptcy threat looms
The fight comes at a perilous time for Luminar, which is running out of cash and under SEC investigation.
Luminar is cutting jobs, losing its CFO, and warning of a cash shortage
The new turmoil comes as founder Austin Russell is trying to buy the company just a few months after being replaced as CEO.
AI
Ousted Luminar CEO Austin Russell wants to buy the company
Austin Russell was replaced in May following an ethics inquiry, but now he wants to use his new AI lab to buy Luminar.
