Luminar Technologies Inc. (LAZR) News

Luminar Technologies Inc. (LAZR): $18.15

0.09 (+0.50%)

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LAZR News Highlights

  • For LAZR, its 30 day story count is now at 17.
  • Over the past 27 days, the trend for LAZR's stories per day has been choppy and unclear. It has oscillated between 1 and 10.
  • SAIC, SAFE and OMER are the most mentioned tickers in articles about LAZR.

Latest LAZR News From Around the Web

Below are the latest news stories about Luminar Technologies Inc that investors may wish to consider to help them evaluate LAZR as an investment opportunity.

Lidar stocks slide lower after Xpeng unveils EV with DJI sensors

Earlier today, XPeng Motors announced that its XPeng P5 model arriving in the second half of this year will be the first production smart EV to be equipped with automotive-grade lidar technology. The double-prism lidar sensors in the P5 come from DJI affiliate Livox.Publicly listed lidar sensor names are moving down...

Seeking Alpha | April 14, 2021

Microvision Isn’t the Best Lidar Play, but It’s One of the Richest

With MVIS stock worth a ridiculously high premium, investors must wonder about both its sustainability and the industry’s viability.

Josh Enomoto on InvestorPlace | April 8, 2021

Innoviz is ‘ahead of the pack’ in the lidar space: CEO

Omer Keilaf, Innoviz CEO, joins Yahoo Finance’s Kristin Myers and Alexis Christoforous to discuss going public on the Nasdaq via SPAC and outlook for the lidar maker company.

Yahoo | April 6, 2021

Canvas Ventures Closes Third Fund at $350 Million to Offer Visionary Founders Early-Stage Capital and Go-To-Market Expertise Proven to Accelerate Growth

Canvas Ventures, the boutique firm for visionary builders, today announced the close of CV3, a $350 million fund to lead early-stage B2B and B2C investments in fintech, digital health, marketplaces, and logistics. With decades of collective operational experience, the firm's four general partners are known by founders as being their go-to champion and resource. Offering seasoned, hands-on guidance on go-to-market, sales, and growth strategies, Canvas consistently helps entrepreneurs identify and land their most valuable customers and raise follow-on capital. To support the growing portfolio and deployment of CV3, Canvas welcomed several new strategic hires on the investment and platform team. This new fund, which hit its hard cap and is double the size of its inaugural fund, CV1, brings...

Yahoo | March 30, 2021

Luminar Is on Course to Lead the Auto Lidar Industry, Says Analyst

Last week, Luminar Technologies (LAZR) gave its first business update since becoming a publicly traded entity in December. It’s safe to say, the market liked the news. Shares gained 16% in the subsequent session as investors digested what’s in-store for the lidar maker.   Northland analyst Gus Richard was among those impressed. “The key takeaway is the Company continues to be the leading automotive Lidar company as it moves toward commercialization in 2022,” said the 5-star analyst. “Also consistent with our checks LAZR makes a compelling case the designs are sticky as it would be costly to re-write software.

Marty Shtrubel on TipRanks | March 22, 2021

Luminar Provides Key Business Updates, 2021 Guidance

Automotive lidar hardware and software provider, Luminar Technologies, provided business updates and a review of 2020 along with guidance for 2021. Shares of the company were up around 3% in Monday's pre-market trading session. Luminar’s (LAZR) Founder and CEO, Austin Russell, said, “Luminar’s 2020 achievements reflect our product leadership and market ownership as we continue to execute and fulfill the vision of making safe autonomy a reality. Our successful debut as a public company has helped to further accelerate the expansion of our product roadmap in addition to commercial growth across passenger vehicle OEMs, trucking partners, and robo-taxi programs.

Kailas Salunkhe on TipRanks | March 22, 2021

Three months after going public, Luminar Technologies outlines milestones for success

Luminar Technologies (LAZR) went public last December through a SPAC merger with Gores Metropoulos and walked away with about $590M in gross proceeds and what remains as the highest valuation among the top lidar companies.Last week, Luminar provided a business update that included preliminary 2020 results, a 2021 forecast, and a business...

Seeking Alpha | March 20, 2021

China's SAIC partners with US lidar maker Luminar on self-driving cars

SAIC Motor Corp, China's largest automaker, said Thursday it plans to begin offering self-driving vehicles in that market in 2022, in partnership with U.S. lidar maker Luminar Technologies.

Channel NewsAsia | March 18, 2021

SAIC Motor Launches R Brand EV Line Powered by Luminar for Series Production

Luminar Technologies, Inc. (“Luminar”) (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced a strat

Business Wire | March 18, 2021

Luminar Provides Business Update, 2021 Milestones and Preliminary 2020 Results

Luminar Technologies, Inc. (NASDAQ: LAZR), the global leader in automotive lidar hardware and software technology, is announcing today business updates and a year in review of 2020, including milestone results, preliminary financial results, and 2021 guidance.

Yahoo | March 18, 2021

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