Luminar's solid-state LiDAR technology offers high-resolution, long-range capabilities, but faces significant competition from other LiDAR vendors and alternative sensors like cameras and imaging ...

Luminar's stock continues to fall, driven by large losses, a weak balance sheet, and uncertainty regarding the timing of an expected growth inflection. The company also faces intense competition, both ...

“Today’s transaction provides us with additional financial flexibility and further strengthens our balance sheet,” said Tom Fennimore, Chief Financial Officer of Luminar. “We’ve made substantial ...