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 ...

Austin Russell, the billionaire founder of Luminar, has made a bid to acquire the lidar maker five months after he was replaced as CEO following an ethics inquiry. The takeover effort was disclosed in ...

Luminar's financial position has deteriorated significantly in 2025, and now appears to have reached a point where the company no longer has a viable future. In particular, automotive OEMs are ...

Luminar Technologies (NASDAQ:LAZR) disclosed that founder Austin Russell holds an activist stake of 8.4% in the company. Per the SEC filing, Russell, at the suggestion of certain shareholders and the ...