Topic: lidar technology
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Luminar, a Leading Lidar Company, Files for Bankruptcy
Luminar, a leading lidar manufacturer for autonomous vehicles, has filed for Chapter 11 bankruptcy, marking a dramatic fall for the once-promising company. The bankruptcy involves selling its core assets, including a $110 million deal for its semiconductor unit, while aiming to maintain operation...
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Beonic & Adelaide Airport Launch AI Innovation Partnership
Beonic is expanding its partnership with Adelaide Airport by deploying AI-powered LiDAR technology to monitor passenger movement, queues, and wait times in real-time, enhancing operational accuracy in critical areas like immigration. The LiDAR-based system provides precise, real-time analytics wi...
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Rivian's Bold Autonomy Plan: Custom Chips, Lidar, Robotaxi Vision
Rivian announced a major push into autonomous driving, unveiling plans for new custom hardware and software with a long-term vision that includes entering the robotaxi market to compete with leaders like Tesla. A key product is the "Universal Hands-Free" driver-assistance system launching in earl...
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Luminar Founder Austin Russell Accepts Subpoena in Bankruptcy Case
Austin Russell, Luminar's founder, has agreed to receive a subpoena for his mobile device data as part of the company's bankruptcy proceedings, with a week to challenge it. Luminar filed for Chapter 11 after losing key auto contracts and facing intense competition, leading to asset sales includin...
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Roborock's First Robot Lawn Mower Arrives in the US
Roborock has announced the RockMow X1 LiDAR robot mower for the US market, expanding its robotic lawn care line with a model featuring advanced LiDAR and VSLAM navigation for precise operation. The mower handles steep slopes and obstacles but has a reduced daily mowing capacity of about half an a...
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Teradar Unveils First Terahertz Vision Sensor for Vehicles
Teradar has unveiled its flagship solid-state terahertz vision sensor, Summit, designed to provide reliable, long-range, high-resolution perception for self-driving vehicles in all weather conditions. The company aims to ship the sensor by 2028 if it secures automaker contracts, entering a volati...
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Ex-Lidar CEO Launches Bid to Reclaim His Company
Austin Russell, Luminar's founder and former CEO, is attempting to regain control of the company by purchasing all outstanding Class A Common Stock through his new entity, Russell AI Labs. The proposal involves taking Luminar private under Russell AI Labs while maintaining its public listing and ...
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Rivian Develops AI Chips for Self-Driving Vehicles
Rivian is developing its own proprietary AI chips, including a 5nm processor, to vertically integrate its autonomous driving technology and compete with companies like Tesla. The company's new chip architecture is designed for high efficiency and claims significant processing power, capable of ha...
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Fascinating Science Breakthroughs You Might Have Missed
Archaeologists in Belize discovered the tomb of Te K'ab Chaak, the first ruler of the ancient Maya city of Caracol, using LiDAR technology to reveal hidden structures and artifacts like jadeite jewelry and a mosaic death mask. A new forensic study examines how bloodstain patterns behave on cotton...
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Luminar's Lidar Unit Attracts $33 Million Takeover Bid
MicroVision has placed a winning $33 million bid to acquire Luminar's core lidar assets, including intellectual property, inventory, and key personnel, signaling a major industry consolidation. MicroVision's leadership believes this acquisition positions the company to transform the lidar market ...
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