Lidar maker Luminar files for bankruptcy (investors.luminartech.com) 16 points by gripfx 7mo ago ↗ HN
[–] aanet 7mo 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 hurryHardware business is hard...
[–] dzhiurgis 7mo ago ↗ It was previously about to IPO at $3.4B https://news.ycombinator.com/item?id=24277803
[–] WorldPeas 7mo ago ↗ I wonder if Geely will give them an offer given it owns Volvo, formerly their largest customer?
3 comments
[ 3.2 ms ] story [ 20.4 ms ] threadMore 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...