Luminar | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Luminar is a global automotive technology company that focuses on enhancing vehicle safety and autonomy through advanced hardware...


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Luminar is a global automotive technology company that focuses on enhancing vehicle safety and autonomy through advanced hardware and software solutions. With over a decade of experience, Luminar partners with more than 50 industry leaders, including major automotive OEMs like Volvo Cars and Mercedes-Benz, to develop next-generation safety and autonomous capabilities for production vehicles.

Website
Size
201-500 employees
Industry
Motor Vehicle Manufacturing
Specialities
autonomous vehicle, control technologies, LiDAR sensor suites, autonomous vehicles, perception

🛍️ Luminar Product and Pricing News →

👔 Luminar CEO, Management and Leadership Team →

⚔️ Luminar Alternatives and Competitors →

💼 Luminar Hiring and Layoffs →

🤖 Luminar Developer, Integration and Automation News →

📈 Luminar Financials, Fundraising and Valuation News →

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🛍️ Luminar Product and Pricing News

  • Luminar's Halo LiDAR won an award at the 2024 Silicon Valley UX Design Awards.
  • Luminar Technologies Inc. is involved in the collision avoidance market by integrating Advanced Driver Assistance Systems (ADAS) into their products.


👔 Luminar CEO, Management and Leadership Team


⚔️ Luminar Alternatives and Competitors

  • Cepton
  • |
  • Blickfeld
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  • GPR
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  • Baraja
  • |
  • Movingdots
  • |
  • Quanergy Systems
  • |
  • Hesai Technology
  • |
  • Velodyne Lidar
  • |
  • Ouster
  • |
  • Innoviz
  • |
  • Cruise
  • |
  • TuSimple
  • |
  • Pony AI
  • |
  • Flock
  • |
  • Uber Advanced Technologies Group
  • |
  • MicroVision
  • |
  • Sense Photonics

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💼 Luminar Hiring and Layoffs

  • Jason Eichenholz, Co-Founder and Chief Technology Officer of Luminar, announced he is stepping back from day-to-day operations to focus on new initiatives while remaining an Advisor to the company.
  • Florian Berchtold has left Luminar as a Senior Software Engineering Manager to join Zipline as a Principal Software Engineer in the United States.
  • Luminar is currently hiring for the position of Staff Systems Requirements Engineer in India.
  • Luminar Semiconductor Inc. is hiring a Production Test Technician in Boston, MA.
  • Shiva Prasad has joined Luminar as a Senior Staff Engineer in India, previously working as a H/W Design Engineer at L&T Integrated Engineering Service.


🤖 Luminar Developer, Integration and Automation News

  • Luminar's stock surged 10.8% after announcing new contracts with Volvo and a major Japanese automaker, despite reporting lower-than-expected third-quarter sales.


📈 Luminar Financials, Fundraising and Valuation News

  • The Goldman Sachs Group lowered Luminar's price target from $0.75 to $0.50 and set a 'sell' rating on November 14, 2024.
  • On November 11, 2024, Luminar held its Q3 2024 earnings call with CEO Austin Russell and CFO Tom Fennimore, featuring participation from major financial institutions like Deutsche Bank and Bank of America.
  • Luminar recently acquired the G&H laser module to advance their semiconductor chip business.
  • Luminar's Q3 results show mixed performance with product revenue growth but a decline in services revenue, alongside strong auto industry partnerships and concerns over debt and share dilution.
  • Austin Russell, founder of Luminar, has become the majority owner of Forbes Global Media Holdings.


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