Saturday, December 05, 2020

LiDAR News: Trioptics, ADI, Leddar, Innoviz, Luminar

Trioptics sent me its presentation at Autosens Brussels 2020 about LiDAR optics alignment:

LeddarTech publishes a video on reliability and automotive compliance tests of its Pixell LiDAR:

AutomotiveNews reports that Innoviz is in talks to go public by reverse merging with Collective Growth Corp.

"Collective Growth is seeking to raise $100 million to $350 million in new equity to support a transaction that’s set to value the combined entity at $1 billion or more, said the people, who requested anonymity because the discussions aren’t public. Terms could change as a deal isn’t finalized, and it’s possible talks could fall apart, one of the people said."

NewYorkPost reports that Luminar share price surged by 28% on its first public trading day and another 38% on the second day, to a valuation of $10.7B. This makes Luminar's 25 year old founder and CEO Austin Russel the world's youngest self-made billionaire this year, now worth $3.3B (was $2.4B on the first day after IPO.)

Fobres daily cover comes with Austin Russels's picture:

1 comment:

  1. 100M for each lidar sold :)
    Entire stock is just sick..


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