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. The company aims to sell off its ...
Lidar maker Luminar Technologies Inc. today filed for Chapter 11 bankruptcy protection amid mounting debt pressures and slower-than-expected adoption of its autonomous vehicle technologies. The ...
Lidar sensor maker Luminar Technologies (NASDAQ:LAZR) disclosed on Friday it will lay off about 20% of its workforce amid a shift to a more "asset-light" model. Shares of LAZR sunk 7.1% in afterhours ...
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