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Tag: Luminar

Tag: Luminar

A Volvo logo on an EX90

Luminar is fighting with its biggest customer as bankruptcy threat looms

17 November, 2025 admin 0 Comments TECHNOLOGY 6:13 pm

Swedish automaker Volvo has cancelled a five-year-old contract with Luminar, the latest escalation in an increasingly-ugly brawl between the lidar sensor company and its biggest customer. The fight is happening during an existential moment for…

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Luminar is cutting jobs, losing its CFO, and warning of a cash shortage

Luminar is cutting jobs, losing its CFO, and warning of a cash shortage

2 November, 2025 admin 0 Comments TECHNOLOGY 9:19 am

Lidar-maker Luminar is warning shareholders that it will run out of cash in early 2026 and has announced a 25% cut to its workforce to help staunch the bleeding — its second layoff of the…

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