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home / news releases / GMHI - Intel's Mobileye signs lidar agreement with Luminar which is set to go public

GMHI - Intel's Mobileye signs lidar agreement with Luminar which is set to go public

Luminar Technologies Inc Com Cl A
Mobileye (INTC) has tapped lidar technology startup Luminar to furnish sensors for its first-generation autonomous vehicle fleet.The agreement expands on a two-year partnership between the companies.Mobileye hopes to have a robotaxi service in operation by 2022. The company also aims to sell its autonomous tech stack to other companies.In August, Luminar announced it would go public via a $3.4B SPAC merger with Gores Metropoulos Inc (GMHI).Gores shares closed today up 20.3% to $12.75.Source: TechCrunch.Previously: Mobileye makes deal to bring robo-taxis to Dubai (Sep. 23 2020)

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Intel's Mobileye signs lidar agreement with Luminar, which is set to go public
Stock Information
Company Name: Luminar Technologies Inc Com Cl A
Stock Symbol: GMHI
Market: NYSE
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