Luminar Files for Bankruptcy While Selling Key Business Unit for $110M
LiDAR technology company Luminar Technologies files Chapter 11 bankruptcy and sells its photonics subsidiary to Quantum Computing Inc. for $110 million cash.
/ 3 items
#LAZR↓
Luminar Q3 2025: Revenue Up 20% But Cash Crisis Deepens
Luminar (LAZR) reports 20% revenue increase in Q3 2025 but faces serious cash crunch with only $74M remaining. Company exploring sale options and restructuring debt.
Luminar Technologies Faces Financial Crisis: Key Points You Need to Know
Luminar Technologies enters forbearance agreements with debt holders, explores bankruptcy options, and faces major customer changes.