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Total 5 articles

A lidar sensor on top of bankruptcy papers
TechEN
From $11B to $22M: The Tragic Fall and Luminar Lidar Business Sale

Luminar is selling its lidar business to Quantum Computing Inc for $22 million amid bankruptcy. Learn why the former $11B company collapsed and the details of the stalking horse bid.

Overview of Hesai LiDAR sensors being produced on a high-tech automated assembly line
TechEN
Hesai LiDAR Production Capacity 2026: Doubling to 4 Million Units Amid Market Consolidation

Chinese LiDAR leader Hesai is set to double its production capacity to 4 million units in 2026. Following Luminar's bankruptcy, Hesai's scale and 99.5% cost reduction are reshaping the industry.

A close-up of a Lidar sensor and a legal document
TechEN
Luminar Austin Russell Legal Dispute: Bankruptcy Drama Deepens as Founder Evades Subpoena

Luminar is accusing founder Austin Russell of evading subpoenas during its Chapter 11 bankruptcy. Read about the Luminar Austin Russell legal dispute and the upcoming Jan 9 bid deadline.

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Domino Effect: Why iRobot, Luminar, and Rad Power All Tumbled into Bankruptcy
TechEN
Domino Effect: Why iRobot, Luminar, and Rad Power All Tumbled into Bankruptcy

iRobot, Luminar, and Rad Power Bikes all filed for bankruptcy recently. This analysis explores the common threads that led to their downfall, from failed M&A and tariff pressures to the one-product trap.

Mobility's Reckoning: Luminar Files for Bankruptcy as Ford Halts All-Electric F-150 Lightning
TechEN
Mobility's Reckoning: Luminar Files for Bankruptcy as Ford Halts All-Electric F-150 Lightning

The mobility sector faces a major correction as lidar maker Luminar and e-bike firm Rad Power Bikes file for bankruptcy, while Ford halts production of its all-electric F-150 Lightning.

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