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Luminar Technologies filed for Chapter 11 bankruptcy protection in Texas on Monday, seeking to sell its core business after losing a crucial supply contract with Volvo Cars and facing mounting ...

Lidar maker Luminar Technologies Inc. today filed for Chapter 11 bankruptcy protection amid mounting debt pressures and slower-than-expected adoption of its autonomous vehicle technologies. The ...

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 ...

Luminar Technologies, Inc. (LAZR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is ...

In a filing, the company said it had failed to make interest payments on its first-lien notes due in 2028. Credit: JHVEPhoto/Shutterstock.com Automotive supplier Luminar Technologies has brought in a ...

It seems like the writing was already on the wall last week when Volvo moved to make its Luminar-supplied LiDAR system an option – there are now reports that the Swedish car brand is set to ditch ...

Many car manufacturers view LiDAR sensors as a key component in advanced self-driving systems, and Volvo was among the first to commit to the technology. The Swedish automaker partnered early with U.S ...

Volvo has been one of the industry’s stalwart supporters of lidar for autonomous driving, even while the sensors in some of its models were frying smartphone cameras. However, the automaker has been ...

Volvo Cars has terminated its supply deal with Luminar Technologies, the US-based automotive lidar pioneer whose financial position already looks perilous. In a November 17 filing with the US ...

Luminar faces potential bankruptcy as Volvo backs off its promise to make lidar standard in its flagship models. Volvo blamed "limited supply of the lidar hardware." Luminar has already warned ...

Swedish automaker Volvo has canceled a five-year-old contract with Luminar, the latest escalation in an increasingly ugly brawl between the lidar sensor company and its biggest customer. The fight is ...