Luminar Technologies, headquartered in Orlando, Florida, specializes in long-range lidar products for autonomous vehicles, employing 800 staff since its IPO on March 25, 2019. The company operates through Autonomy Solutions and Advanced Technologies and Services segments, providing lidar sensors and advanced semiconductors.
LAZR has been in the news recently: Luminar Technologies Inc. (NASDAQ: LAZR) recently saw a significant drop in its stock value after announcing voluntary Chapter 11 proceedings in Texas. In contrast, Gainers reported a 15% increase in revenue this quarter, driven by strong sales in their new product line.
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