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Tag: Luminar

Luminar sale approved despite last-minute mystery bid
Entrepreneurship & Startups

Luminar sale approved despite last-minute mystery bid

Moments before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unidentified party submitted an…

nileshsha@hotmail.comJanuary 29, 2026
Luminar receives a larger  million bid for its lidar business
Entrepreneurship & Startups

Luminar receives a larger $33 million bid for its lidar business

Luminar received an even higher bid for its lidar business as a court-run auction concluded on Monday, according to a…

nileshsha@hotmail.comJanuary 27, 2026
Luminar founder Austin Russell agrees to accept subpoena in bankruptcy case
Entrepreneurship & Startups

Luminar founder Austin Russell agrees to accept subpoena in bankruptcy case

Luminar founder and former CEO Austin Russell has agreed to accept an electronic subpoena for information on his phone related…

nileshsha@hotmail.comJanuary 21, 2026
Luminar lines up  million bidder for its lidar business
Entrepreneurship & Startups

Luminar lines up $22 million bidder for its lidar business

Luminar has reached a deal to sell its lidar business to a company called Quantum Computing Inc. for just $22…

nileshsha@hotmail.comJanuary 12, 2026
Luminar claims founder Austin Russell is dodging a subpoena in the bankruptcy case
Entrepreneurship & Startups

Luminar claims founder Austin Russell is dodging a subpoena in the bankruptcy case

Lidar-maker Luminar says its founder and former CEO Austin Russell has been evading requests for information — including a subpoena…

nileshsha@hotmail.comJanuary 5, 2026
Luminar lines up  million bidder for its lidar business
Entrepreneurship & Startups

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…

nileshsha@hotmail.comDecember 16, 2025
Volvo, Tesla Supplier Luminar Gears Up for Debt Restructuring
Global Economy

Volvo, Tesla Supplier Luminar Gears Up for Debt Restructuring

Car sensor supplier Luminar Technologies appointed an executive to lead a debt workout after missing several interest payments, in the…

nileshsha@hotmail.comNovember 27, 2025
Volvo set to ditch LiDAR for 2026 – and Luminar is BIG mad
Electric Vehicles

Volvo set to ditch LiDAR for 2026 – and Luminar is BIG mad

It seems like the writing was already on the wall last week when Volvo moved to make its Luminar-supplied LiDAR…

nileshsha@hotmail.comNovember 23, 2025
Volvo Has Dropped Luminar and Lidar for 2026 Models
Car Reviews

Volvo Has Dropped Luminar and Lidar for 2026 Models

The biggest car news and reviews, no BS Our free daily newsletter sends the stories that really matter directly to…

nileshsha@hotmail.comNovember 18, 2025
Luminar is fighting with its biggest customer as bankruptcy threat looms
Entrepreneurship & Startups

Luminar is fighting with its biggest customer as bankruptcy threat looms

Swedish automaker Volvo has cancelled a five-year-old contract with Luminar, the latest escalation in an increasingly-ugly brawl between the lidar…

nileshsha@hotmail.comNovember 17, 2025

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