Luminar Rolls Out Blade Autonomous Technology For Cars, Trucks, Robo-taxis

  • Luminar Technologies Inc LAZR has introduced Blade for the future of design and integration of autonomous technology across robotaxis, trucking, and consumer cars at its inaugural Studio Day in New York City.
  • Luminar also showcased the first consumer vehicle fully integrated with Luminar's Iris lidar, which is on track for series production with Luminar's OEM partners, starting in late 2022.
  • Luminar is kicking off a global customer roadshow this week to reveal Iris's performance, abilities, and design integration.
  • Luminar is transitioning from lidar to automotive autonomy and safety.
  • Luminar aims to build the technology foundation for autonomous vehicles starting with consumer vehicles and moving across verticals, including trucks and robotaxis, CEO Austin Russell said.
  • Price action: LAZR shares traded lower by 1.08% at $23.71 on the last check Tuesday.
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