Luminar Technologies (LAZR) shares slide despite new wins

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Luminar Achieves New Wins; Expands Roadmap at CES

January 4, 2023 5:00 PM EST

Luminar signed new series production deals for multiple vehicle models with automakers in Dec., exceeding targets Hosting the North American debut of Luminar-equipped consumer vehicles from Volvo Cars and SAICs Rising Auto Acquired Silicon Valley-based Civil Maps; launching new HD 3D mapping software platform as part of Sentinel Successfully achieved all 4 company-level 2022 milestones by year-end

LAS VEGAS--(BUSINESS WIRE)-- Today Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced more commercial momentum at the end of 2022 than anticipated with additional production... More