Luminar Technologies files for Chapter 11 bankruptcy protection

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Luminar Technologies, Inc. Initiates Voluntary Chapter 11 Proceedings to Facilitate Value-Maximizing Sale Process

December 15, 2025 10:20 AM EST

Enters Chapter 11 with Support from Noteholders to Fund Process with Existing Cash on Hand

Reaches Agreement to Sell LSI to Quantum Computing Inc. for $110 Million in Cash

Continues to Deliver High-Performance LiDAR and Related Services and Support to Customers

ORLANDO, Fla.--(BUSINESS WIRE)-- Luminar Technologies, Inc. (NASDAQ: LAZR) (the Company or Luminar), a leading global technology company, today announced that it has initiated voluntary chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas (the Court). The Company has... More