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GMHI News and Press, Luminar Technologies Inc Com Cl A From 11/20/20

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Company Name: Luminar Technologies Inc Com Cl A
Stock Symbol: GMHI
Market: NYSE

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

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 ...

GMHI - MGI and NTP among financial gainers, HGSH leads losers

Gainers: Gores Metropoulos (GMHI) +15%. Nam Tai Property (NTP) +12%. MoneyGram International (MGI) +9%.Losers: China HGS Real Estate (HGSH) -13%. Hudson Capital (HUSN) -9%. X Financial (XYF) -9%. CorEnergy Infrastructure Trust (CORR) -8%. Huize Holding (HUIZ) -7%. For further details see: ...

GMHI -  Luminar Accelerates Commercial Momentum With Mobileye Design Win

The leader in automotive ADAS chooses the leader in lidar technology for level 4 autonomy solutions Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, which is currently in the process of becoming...

GMHI - Luminar Increases Guidance; Accelerating Deals

New deals and increased volume lead to estimated $1.3B Order Book by year end, up from $1B target Gores Metropoulos, Inc. (“Gores Metropoulos”) (Nasdaq: GMHI, GMHIU, GMHIW), a special purpose acquisition company, announced today that Luminar Technologies, Inc. ...

GMHI - Luminar to Present at Upcoming Investor Conferences

Gores Metropoulos, Inc. (“Gores Metropoulos”) (Nasdaq: GMHI, GMHIU, GMHIW), a special purpose acquisition company, announced today that Luminar Technologies (“Luminar”), with which Gores Metropoulos has signed a definitive Merger Agreement, will be presenting...

GMHI - Velodyne Lidar: The Forefront Of A Megatrend In LIDAR

Autonomous vehicles will be a major megatrend over the next few decades, and Velodyne Lidar is leading this revolution. Velodyne has strong competitive advantages like a built-out manufacturing system and architecture that allows for automated mass production. A substantial amount...

GMHI - WeissLaw LLP Reminds CBMG, GMHI, NOVS, and TRNE Shareholders About Its Ongoing Investigations

WeissLaw LLP Reminds CBMG, GMHI, NOVS, and TRNE Shareholders About Its Ongoing Investigations PR Newswire NEW YORK, Oct. 30, 2020 NEW YORK , Oct. 30, 2020 /PRNewswire/ -- If you own shares in any of the companies listed above and would l...

GMHI - Daimler Trucks and Torc Partner With Luminar to Enable Automated Trucking - Daimler Trucks Acquires Minority Stake in Luminar

Today, Luminar Technologies, Inc., the global leader in automotive lidar hardware and software technology, and the world’s largest commercial vehicle manufacturer, Daimler Truck AG announced a strategic partnership to enable highly automated trucking, starting on highways. Expert...

GMHI - 25-Year-Old Luminar Founder Set to Become Billionaire Through SPAC Deal

You've heard of tech billionaires Musk and Zuckerberg. Well, now there's Russell -- 25-year-old Austin Russell, to be exact. This enterprising young man dropped out of Stanford in 2013 to found Luminar, a tech start-up developing light detection and ranging (LIDAR) technology for the se...

GMHI - MicroVision LiDAR Is Worth $2 Billion According To Valuation Of Velodyne And Luminar LiDAR By Ford, Baidu, Hyundai, Volvo

Velodyne and Luminar are currently (still) the market leaders in automotive LiDAR. Since 2016, Velodyne LiDAR has been valued at at least $1.8 billion in several financing rounds by Ford, Hyundai and Baidu, and also in July 2020 for the upcoming IPO. Luminar LiDAR has been just va...

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