lidar

One of the hottest sectors for investors in 2020 was SPACs. As the SPAC story continues in 2021, an important theme for investors and analysts to monitor is when recently merged SPACs report quarterly earnings. Some SPAC mergers involve pre-revenue companies, so it could be important to monitor...

The four-day trading week saw no weakness in SPAC deal announcements or headlines, all of which we followed on Benzinga's SPACS Attack show. Here is a look back at the deals announced, some new SPACs to watch and top headlines. SPAC Deals: There were eight announced SPAC deals during the...

Rumors have abounded over the last two months concerning a foray by Apple Inc (NASDAQ: AAPL) into self-driving car manufacturing. It now appears the rumors could have some merit.  What Happened: Cupertino is in active discussions with several suppliers to procure the lidar...

Ford Motor Company (NYSE: F), an investor in Velodyne Lidar Inc (NASDAQ: VLDR), which went public in a 2020 SPAC merger, has sold its stake for a profit.  What Happened: Ford sold its stake in Velodyne Lidar after seeing a large gain from the company going public, according to ...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk appeared on Clubhouse on early Monday morning and talked about a wide variety of subjects ranging from colonization of Mars to the latest on his companies. On The Future of Tesla: The entrepreneur said that the automaker wants to make 20 million cars and...

Tesla Inc (NASDAQ: TSLA) is seeking the U.S. Federal Communications Commission approval for a new radar sensor. What Happened: Tesla’s FCC application contains a test report dated Jan. 5, 2021, for the Vehicle Millimeter-wave Radar Sensor in 60 GHz band (60-64 GHz), first reported by...

Chinese electric vehicle manufacturer Xpeng Inc – ADR (NYSE: XPEV) is poised for an acceleration in sales growth, according to an analyst at BofA Securities. The XPeng Analyst: Ming Hsun Lee reiterated a Buy rating on XPeng with a $54.10 price target.   The XPeng Thesis:...

For over 50 years, attendees of the Consumers Electronics Show have received sneak peeks at some of the latest and greatest new gadgets in the technology sector. Now known as CES, this year’s event will take place completely virtually. Here is a look at some of the public companies taking...

One of the hot small cap stocks this week is Microvision Inc (NASDAQ: MVIS), with shares up 84% in the last five days. Shares are moving again Tuesday. What Happened: A new patent was issued to Microvision that covers “scanning 3D imaging device with power control using multiple...

Special purpose acquisition company (SPAC) Colonnade Acquisition Corp (NYSE: CLA) is valuing lidar technology startup Ouster Inc at $1.9 billion in a merger deal, Reuters reports.  What Happened: Outster plans to go public through the merger deal that could be announced as soon as Tuesday...

A leading pure-play provider of semiconductor and software solutions for automotive companies is going public via a special purpose acquisition company deal. The SPAC Deal: Indie Semiconductor is going public via the SPAC Thunder Bridge Acquisition II (NASDAQ: THBR). The deal values the...

Amazon.com (NASDAQ: AMZN) spent over $1 billion to acquire autonomous company Zoox earlier this year. The unit showed off its robotaxi platform on Monday. What Happened: Zoox debuted a carriage-style vehicle that it said could offer autonomous robotaxi services. The vehicle has over...

A fourth lidar company is going public via a special purpose acquisition company, with Innoviz Technologies being the latest to announce a merger. The SPAC Deal: Innoviz Technologies will go public via a merger with the SPAC Collective Growth Corporation (NASDAQ: CGRO). The deal was done at an...