The Iris+ Lidar Sensor / Credit: Luminar Luminar Day filled with several key announcements Just last week, Mercedes-Benz announced an expansion of its existing partnership with Luminar with an investment reportedly in the “multi-billions,” which will enable it to implement Luminar’s next-generation sensor technology, Iris+, into all future Mercedes-Benz models.ĭuring its Luminar Day event held today, the company officially unveiled the long-anticipated Iris+ lidar sensor as well as several other key updates to its business strategy. Volvo brand Polestar has also tapped Luminar for its EVs beginning with the Polestar 3 SUV. Volvo has continued to expand its relationship with Luminar over the years, showcasing the latter’s lidar sensor technology in its upcoming EX90 SUV – an EV Volvo is already hailing as the safest it has ever produced. At the time, Luminar’s Iris lidar was being implemented in Volvo Cars vehicles as a prime component in the automaker’s Highway Pilot self-driving feature. We first learned of Luminar’s Iris lidar sensor following a $100 million funding round it received in 2019 before going public via SPAC deal in the summer of 2020. ($LAZR) is an automotive component company founded in 2012 that has established itself as one of the industry leaders in lidar and machine perception technology. If you weren’t already aware, Luminar Technologies Inc. Lots to unfold here, so let’s get started. This includes new lidar like its Iris+ sensor, a more clear product roadmap bolstered by a new high-volume production facility in North America, and consolidated subsidiaries into a new semiconductor business. Global automotive tech company and lidar specialist Luminar Technologies hosted its annual Luminar Day event at its headquarters in Orlando, Florida, today, offering a slew of updates on its progress.
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