Volvo likes what its self-driving weavers see in Luminar

Lidar startup Luminar is on a bit of a hot streak. After announcing a major deal with Toyota, the company said it would be slashing costs and scaling up rapidly to meet the growing demand for its laser sensors that help self-driving cars “see” their surroundings. Now Luminar is lifting the curtain back on its next big automotive partner, Volvo Cars. In addition to buying its lidar units from the startup, Volvo will also be making a “strategic investment” via its newly formed venture capital fund. Neither Volvo nor Luminar would disclose the amount, but Luminar CEO Austin Russell allowed that it was “substantial.” “This here is a lot more substantial” “Sometimes we see a lot of companies trying to push out a press release about some... Continue reading…

Cheap lidar gets a big win in deal with Volvo

Thu 14 Jun 18 from MIT Technology Review

A light investment: Volvo takes stake in Luminar for self-driving cars - Roadshow

Investing in lidar is so hot right now.

Thu 14 Jun 18 from CNET Cutting Edge

Luminar rolls out its development platform and scores Volvo partnership and investment

The wizards in lidar tech at Luminar are doubling down on the practical side of autonomous car deployment with a partnership with and investment from Volvo, as well as a new development platform ...

Thu 14 Jun 18 from TechCrunch

Volvo’s self-driving cars are getting new laser sensors to see the world

Lidar startup Luminar is on a bit of a hot streak. After announcing a major deal with Toyota, the company said it would be slashing costs and scaling up rapidly to meet the growing ...

Thu 14 Jun 18 from The Verge

Volvo tech fund backs Luminar's lidar

Thu 14 Jun 18 from optics.org

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