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Lidar maker Luminar files for bankruptcy

• aanet 9mo ago
  TBH, Luminar declaring bankruptcy was not on my bingo card for this year. More color is here: https://techcrunch.com/2025/12/15/lidar-maker-luminar-files-for-bankruptcy/ https://techcrunch.com/2025/12/15/lidar-maker-luminar-files-... Apparently they owe $10M to Scale AI and $1M to Applied Intuition, among others. And Volvo ended up cancelling their contract. Not entirely sure how/why the founder left in a hurry Hardware business is hard...
• dzhiurgis 9mo ago
  It was previously about to IPO at $3.4B https://news.ycombinator.com/item?id=24277803 https://news.ycombinator.com/item?id=24277803
• WorldPeas 9mo ago
  I wonder if Geely will give them an offer given it owns Volvo, formerly their largest customer?
  • rasz 9mo ago
    I wonder if Volvo cancellation had something to do with videos showing Lidar permanently burning cellphone cameras.
    • WorldPeas 9mo ago
      Could be, could also be a show of no-confidence when the founder jumped ship