* Shares down 33 percent... We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Your status will be reviewed by our moderators. Currently, lidar costs are as high as $75,000 per unit. The major exception? We can only assume they had zero revenues in 2019 because they don’t tell us otherwise. It doesn’t help there’s already an established rival, Velodyne Lidar (NASDAQ:VLDR), “crushing it” in this space. Avoid profanity, slander or personal attacks. Get today's Luminar stock price and latest LMR news as well as Luminar real-time stock quotes, technical analysis, full financials and more. If you’ve looked through many S-1 filing documents, you’ll notice how they don’t do stuff like this: What you’re seeing above is a forward-looking prediction by the company of what revenues are expected to look like over the next six years. Legal Name Luminar Technologies, Inc. Stock Symbol NASDAQ:LAZR ; Company Type For Profit; Contact Email firstname.lastname@example.org; Founded in 2012 by CEO Austin Russell, Luminar is the leading autonomous vehicle and lidar technology company for consumer cars and trucking. SPAC Brings Luminar Technologies Stock. * H1 sales down 5.9 percent, Sept trade poor Pure-play disruptive tech stocks are not only hard to find, but investing in them is risky business. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. They develop in-house and outsource production, (20) and they have a timeline (21). Luminar Technologies will retain its name and will remain listed on Nasdaq under the new ticker symbol LAZR. The Street Luminar, Driverless-Car Maker, Plans $3.4B Reverse-Merger IPO But, there’s plenty of reason why this emerging auto tech name meet (or exceed) investor expectations. Yet, after the recent sell-off in this SPAC’s shares, a small position in GMHI stock may be worthwhile. United States, Daimler Taps Luminar for Self-Driving Tech to Vie with Waymo, SPAC Deal Will Make 25-Year-Old Luminar Founder a Billionaire, Youthful Founder to Have Full Control When Luminar Goes Public, Thiel-Backed Luminar to Go Public in $3.4 Billion Merger. Your browser will redirect to your requested content shortly. If Luminar can beat this large rival on cost, it could quickly climb to the top of the heap. But, as this industry grows, the competition could get intense. Help wanted: These metro Orlando tech firms have 1,700 openings. All rights reserved. Following the usual leadership team slide (4) we have an overview of the firm taking Luminar public (5). //./ActionParams/@language -> SPACs seem here to stay. Inspect before you invest. 1125 N. Charles St, Baltimore, MD 21201. Company profile page for Luminar Technologies Inc including stock price, company news, press releases, executives, board members, and contact information I don’t see why not. After rallying as high as 37% over its $10 per share offering price, the stock today trades around $10.50 per share. Are you sure you want to block %USER_NAME%?