Analog Devices presents its LiDAR receiver TIA platform:
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:
100M for each lidar sold :)
ReplyDeleteEntire stock is just sick..