![]() Iris+ has already begun shipping to its lead customer, and is currently being industrialized to support series production vehicle launches beginning 2025 and beyond. The new product demonstrates Luminar’s engineering velocity is accelerating. It also features an even slimmer profile for seamless integration into the roofline of production vehicle models. ![]() Iris+ furthers the mission for enhanced vehicle safety and autonomous capabilities by enabling even greater performance and collision avoidance of small objects at up to autobahn-level speeds. Luminar is revealing a new Iris+ sensor, which adds to its current product portfolio for new and existing customers. To view the livestream now in progress, go to: Unveiling New Iris+ Sensor 300 Meter Ranging Facility Advancing Next Gen Lidar Roadmap Tune in to hear from the CEOs at Volvo Cars, Daimler Truck, Polestar, Swiss Re, Pony.ai, Scale.ai, and eCARX, as well as executives from Mercedes-Benz and NVIDIA on the partnership and vision. View the full release here: īelow is a summary of Luminar Day announcements. Luminar is also unveiling its product roadmap, several new exclusive commercial agreements, the acquisition of Seagate’s lidar-related assets, Luminar Semiconductor subsidiary, and a new insurance initiative in partnership with Swiss Re to reduce insurance cost for vehicles equipped with Luminar. ORLANDO, Fla., February 28, 2023-( BUSINESS WIRE)-Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, is hosting Luminar Day at its headquarters and via live webcast at The company is announcing a flurry of news, which includes the reveal of its new Iris+ sensor and associated software, which Mercedes-Benz is integrating into its next generation vehicle lineup. Luminar now planned into over 20 production vehicle models across automakers expecting at least triple-digit revenue growth every year for the next five yearsĪnnouncing Luminar AI Engine and exclusive partnership with Scale.aiĪnnouncing new commercial deals with Swiss Re and Pony.aiĮstablished Luminar Semiconductor from combination of semi subsidiaries New automated, high-volume Mexico manufacturing facility ahead of guidance Unveiling new Iris+ sensor 300 meter ranging facility Seagate lidar acquisition to accelerate next-gen All communications will be treated in a confidential manner.Industry CEOs and Company Execs Discuss Luminar’s Vision, Execution, and The Automotive Revolution for Next-Generation Safety and Autonomy ![]() We welcome the opportunity to discuss your particular case. Prior results do not guarantee or predict a similar outcome with respect to any future matter. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( ). Following this news, Luminar's stock price dropped by $0.68 per share or 8.02% to close at $7.80 per share on March 20, 2023.Īttorney Advertising. As a result, Lidwave threatened Luminar with legal action, prompting the latter to remove the disputed images from its investor presentation and website. This came after Luminar displayed an image of the processor at an investor conference and on its website. Media sources reported on or around March 17, 2023, that Lidwave, a semiconductor developer, had accused Luminar of trying to pass off a Lidwave chip as its technology. įaruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia. You may also click here for additional information. If you suffered losses exceeding $50,000 investing in Luminar stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 87 or 21 (Ext. ("Luminar" or the "Company") (NASDAQ: LAZR). April 6, 2023) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Luminar Technologies, Inc. Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Luminar To Contact Him Directly To Discuss Their Options ( MENAFN- Newsfile Corp) Luminar Investor Alert
0 Comments
Leave a Reply. |