Moments before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unidentified party submitted an offer that apparently blew away…
Tag: Luminar
Hardware’s brutal week: iRobot, Luminar, and Rad Power go bankrupt
The hardware world had a brutal week, with iRobot, Luminar, and Rad Power Bikes all filing for bankruptcy. Each company faces its own mix of…
Lidar-maker Luminar files for bankruptcy |
Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures, and a legal fight with its largest customer, Volvo.…
Luminar is cutting jobs, losing its CFO, and warning of a cash shortage |
8:00 AM PDT · October 31, 2025 Lidar-maker Luminar is warning shareholders that it will run out of cash in early 2026 and has announced…
Luminar secures up to $200M following CEO departure and layoffs |
5:30 PM PDT · May 21, 2025 Lidar company Luminar reached a deal with Yorkville Advisors Global and an unnamed investor that could bring another…