Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures, and a legal fight with its largest customer, Volvo. The company aims to sell off its ...
Luminar's financial position has deteriorated significantly in 2025, and now appears to have reached a point where the company no longer has a viable future. In particular, automotive OEMs are ...
In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal with Volvo, the company had added Mercedes-Benz and Polestar as customers of its “lifesaving” ...
Luminar Technologies filed for Chapter 11 bankruptcy in Texas on Dec. 15 after losing a lidar supply contract with Volvo, listing $100 million to $500 million in assets and $500 million to $1 billion ...
The lidar maker has been stuck in a legal fight with its former CEO, Austin Russell, and has gone through several rounds of layoffs. The lidar maker has been stuck in a legal fight with its former CEO ...
Luminar is also selling its lidar business, which manufactures sensors used in self-driving systems. Quantum Computing Inc (QCI) is acquiring Luminar Technologies subsidiary Luminar Semiconductor as ...
Luminar Technologies, Inc. (NASDAQ: LAZR) shares are under heavy pressure Monday after the company announced that it initiated voluntary Chapter 11 proceedings to pursue court-supervised sale ...
Luminar Technologies (LAZR) filed for Chapter 11 bankruptcy protection in the Southern District of Texas after losing a key contract with Volvo AB (VOLAF) (VLVLY) (VOLVF) in November. As part of the ...
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. The Orlando-based company filed for ...
Luminar Technologies, Inc. (NASDAQ:LAZR) announced Monday that it has entered into new forbearance agreements with holders of its senior secured notes, extending the forbearance period related to ...
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