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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 ...
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: ...
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...
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. ...
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...
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...
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...
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...
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...
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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Luminar raises nearly $600M gross proceeds; begins trading Dec 3rd under ticker “LAZR” Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, and Gores Metropoulos, Inc. (“Gores M...
Gores Metropoulos, Inc. (NASDAQ: GMHI, GMHIU and GMHIW) (the “ Company ”), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Dean Metropoulos, Metropou...
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...