Lidar maker Luminar files for bankruptcy

12 points | by gripfx 15 hours ago

3 comments

• aanet

  15 hours 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-...

  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...
• WorldPeas

  10 hours ago
  I wonder if Geely will give them an offer given it owns Volvo, formerly their largest customer?
  [-]
  • rasz

    3 hours ago
    I wonder if Volvo cancellation had something to do with videos showing Lidar permanently burning cellphone cameras.
    [-]
    • WorldPeas

      2 hours ago
      Could be, could also be a show of no-confidence when the founder jumped ship
• dzhiurgis

  12 hours ago
  It was previously about to IPO at $3.4B https://news.ycombinator.com/item?id=24277803