“At Luminar Day, both our executives and valued partners are all here to show that we’re not only leading in this new era, but also successfully executing our plans across hardware, software, industrialization, commercial partnerships, and beyond.”īelow is a summary of Luminar Day announcements. As of today, Luminar is now planned into over twenty production vehicle models from automakers,” said Austin Russell, Founder and CEO. “We made a big bet early on, and today it’s more clear than ever the industry has aligned to our products and roadmap for enhancing (not replacing) drivers with next-generation safety and autonomy. Luminar's new Iris+ lidar sensor for vehicle launches beginning 2025 and beyond (Graphic: Business Wire) Luminar is also unveiling its product roadmap, several new exclusive commercial agreements, the acquisition of Seagate’s lidar-related assets, Luminar Semiconductor subsidiary, and a new insurance initiative in partnership with Swiss Re to reduce insurance cost for vehicles equipped with Luminar. Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, is hosting Luminar Day at its headquarters and via live webcast at The company is announcing a flurry of news, which includes the reveal of its new Iris+ sensor and associated software, which Mercedes-Benz is integrating into its next generation vehicle lineup.
Luminar now planned into over 20 production vehicle models across automakers expecting at least triple-digit revenue growth every year for the next five yearsĪnnouncing Luminar AI Engine and exclusive partnership with Scale.aiĪnnouncing new commercial deals with Swiss Re and Pony.aiĮstablished Luminar Semiconductor from combination of semi subsidiaries New automated, high-volume Mexico manufacturing facility ahead of guidance Unveiling new Iris+ sensor 300 meter ranging facility Seagate lidar acquisition to accelerate next-gen
Industry CEOs and Company Execs Discuss Luminar’s Vision, Execution, and The Automotive Revolution for Next-Generation Safety and Autonomy
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