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Will Luminar Technologies Need To Raise $1B In Capital? This Bearish Analyst Answers
Wednesday, April 10, 2024 - 12:25pm | 277Shares of Luminar Technologies Inc (NASDAQ: LAZR) were tanking in early trading on Wednesday. Volume forecasts for the company have been reduced meaningfully to reflect model launch delays and lower expectations for vehicles adopting the LIDAR technology, according to BofA Securities. The Luminar...
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Velodyne Shares Drop As Waymo Moves Out Of Lidar Selling Business
Friday, August 27, 2021 - 2:49pm | 354Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) owned self-driving company, Waymo, confirmed ending the sale of custom sensors to third parties after two years of operation, Reuters reports. Waymo will now focus on deploying its Waymo Driver tech across its Waymo One ride-hailing and Waymo...
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What's Next After Microvision Stock Gets Saved By Support
Friday, August 6, 2021 - 4:53pm | 321Microvision Inc. (NASDAQ: MVIS) shares are trading higher Friday after retail traders were able to push it higher. On Wednesday, the company reported a second-quarter earnings loss of 9 cents per share, beating the estimate calling for a loss of 5 cents per share. Microvision was up 12.21% at $15....
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Luminar Acquired Exclusive Lidar Chip Partner OptoGration For Undisclosed Sum
Monday, July 19, 2021 - 10:14am | 249Luminar Technologies, Inc (NASDAQ: LAZR) acquired its exclusive InGaAs chip design partner and manufacturer, OptoGration Inc, bringing specialized core IP and securing supply chain as Luminar scales Iris into series production with its OEM customers. The financial terms of the...
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Veoneer Partners With Baraja To Comercialize Spectrum-Scan LiDAR Technology
Monday, July 19, 2021 - 9:13am | 156Veoneer Inc (NYSE: VNE) is partnering with Sydney-based Baraja to industrialize Spectrum-Scan LiDAR technology for the next market wave of L2+ through L4 autonomous vehicle applications. Under the agreement, Veoneer will develop, market, and integrate a scalable Spectrum-Scan platform from Baraja...