(Reuters) - Luminar Technologies launched its latest lidar sensor on Tuesday and said it has partnered with auto software maker Applied Intuition to aid automakers in testing their assisted-driving ...

The lidar sensor specialist is pursuing an interesting opportunity in the autonomous driving space. Back in April, Tesla CEO Elon Musk made a bold prediction about the future of the car industry.

The bid comes from Quantum Computing Inc., which already lined up to buy Luminar's semiconductor division. Luminar founder ...

Lidar sensors and software play a crucial role in ADAS and AD safety and performance, but testing and validating perception systems in the real world can be time-consuming, expensive, and dangerous.

Luminar's Q3 2024 results were mixed, with an 8.6% revenue decline. This drop is attributed to a re-negotiated non-automotive contract, not affecting future growth reliant on LiDAR system adoption.

Hesai said it now plans to build as many as 4 million lidar sensors in 2026, up from 2 million, as it tries to corner a market with one fewer player after Luminar's bankruptcy.

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 ...

MOUNTAIN VIEW, Calif. & ORLANDO, Fla.--(BUSINESS WIRE)--Applied Intuition, a Silicon Valley-based vehicle software supplier, and Luminar (Nasdaq: LAZR), a leading global automotive technology company, ...