FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Luminar Technologies, Inc. Selected for NVIDIA DRIVE Hyperion Autonomous Vehicle Reference Platform”
Luminar Technologies, Inc (NASDAQ: LAZR) surged over 39% in premarket trading after the company was selected to be part of the sensor suite in the NVIDIA DRIVE Hyperion autonomous vehicle reference platform.
The AI vehicle computing platform accelerates development of autonomous consumer vehicles with planned production starting in 2024 and will utilize one forward-facing long-range Luminar Iris lidar in its Level 3 highway driving configuration.
Luminar Technologies, Inc. (Nasdaq: LAZR) is transforming automotive safety and autonomy by delivering lidar and associated software that meets the industry’s stringent performance, safety, and economic requirements. Luminar has rapidly gained over 50 industry partners, including the majority of the global automotive OEMs. In 2020, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, which now expects to make Luminar’s technology part of the standard safety package on their next generation electric SUV. Additional customer wins include SAIC, Daimler Truck AG, Intel’s Mobileye, Pony.ai and Airbus UpNext.
For more information, please visit: Luminar Technologies, Inc.
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