Luminar said its founder had resigned following an investigation by the company's board of directors. He will be succeeded by the longtime CEO of AI speech company Nuance Communications. As of 10:30 a ...

Lidar company Luminar reached a deal with Yorkville Advisors Global and an unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over ...

Luminar founder and former CEO Austin Russell has agreed to accept an electronic subpoena for information on his phone related to the company, as part of the lidar-maker’s ongoing bankruptcy ...

Q2 consensus sees revenue of $17.27M and EPS of –$1.18, reflecting narrower losses but only ~5% top-line growth. CEO transition looms large after founder Austin Russell resigned abruptly last quarter.

Austin Russell, the entrepreneur who co-founded the automotive lidar system developer Luminar Technologies while still a teenager, has resigned as CEO and president of the company. Announced on the ...

Shares of lidar maker Luminar Technologies (NASDAQ: LAZR) were trading sharply lower on Thursday morning, after the company announced that its founder would depart following an internal investigation.