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 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) shares are under heavy pressure Monday after the company announced that it initiated voluntary Chapter 11 proceedings to pursue court-supervised sale ...

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 ...

Volvo has reversed direction on a previous commitment to supply standard lidar on the EX90 SUV and ES90 sedan. It started with a vague announcement that "To meet customer demand and due to limited ...

Ubisoft is debuting new game experience “Teammates” from the developers behind its 2024 project “Neo NPC,” which the French gaming giant says will show how “generative AI-driven gameplay can shape a ...

The leader of an Eastern European neo-Nazi group has pleaded guilty in New York to trying to recruit others to commit violent attacks against Jews and racial minorities, including one plot that would ...

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 ...

The Details: Luminar Technologies reported quarterly losses of 94 cents per share, which beat the analyst estimate for losses of 99 cents. Quarterly revenue came in at $18.74 million, which missed the ...

Lidar-maker Luminar is warning shareholders that it will run out of cash in early 2026 and has announced a 25% cut to its workforce to help staunch the bleeding — its second layoff of the year — ...