How Luminar’s doomed Volvo deal helped drag the company into bankruptcy
Luminar says trouble with Volvo started as early as 2022, and that the Swedish automaker made — but then backed away from — large orders of its lidar sensors.
Luminar
Lidar-maker Luminar files for bankruptcy
The filing marks the end of a tumultuous year full of layoffs, executive departures, and piling debts.
TechCrunch Mobility: Searching for the robotaxi tipping point
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Luminar is fighting with its biggest customer as bankruptcy threat looms
The fight comes at a perilous time for Luminar, which is running out of cash and under SEC investigation.
Luminar is cutting jobs, losing its CFO, and warning of a cash shortage
The new turmoil comes as founder Austin Russell is trying to buy the company just a few months after being replaced as CEO.
TechCrunch Mobility: A takeover that might not be hostile
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Ousted Luminar CEO Austin Russell wants to buy the company
Austin Russell was replaced in May following an ethics inquiry, but now he wants to use his new AI lab to buy Luminar.