LiDAR firm Luminar unveils newest unit, aims to lead autonomous sector
Date: 2018-04-23   Author: Ojaswita Kutepatil  Category: #industry

LiDAR firm Luminar unveils newest unit, aims to lead autonomous sector

With an intention to further solidify its ‘major player’ status in the LiDAR market, Luminar, in its recent announcement has unveiled its newest Lidar unit with a 120-degree field of view. Reportedly, the Silicon Valley-based startup has currently produced 100 units of the new Lidar system and further plans to produce them by the thousands.

If sources are to be believed, Luminar has been quite serious about producing enough Lidar systems to place itself in a leading position across the smart industry. Its 136,000 square-foot facility in Orlando, where it has cut down its build time from around a day to just 8 minutes, bears testament to the company’s growing appetite for deploying its systems on every single autonomous car on the road, cite sources.

Luminar’s CEO Austin Russell was quoted stating that the company has enough capacity to equip autonomous test & development vehicles on the road, worldwide. He further affirmed that the Lidar system is now an apt automotive serial product as it is no longer built in a handcrafted fashion.

With Luminar going the whole hog in strengthening its stance, it is quite overt that it will soon disrupt Velodyne’s monopoly in the Lidar market, speculate experts. Cutting on build times is one of the prominent steps the company is planning to take to stand a chance in catching up with its competitors.

Reports claim that Luminar has increased its staff by twofold, i.e. over 350 employees and has appointed Jason Wojack from Motorola as the head of its hardware team.

For the record, Luminar has only been in the sustainable & smart technologies industry since 2017 and has already got some large car makers to its name. The company is already in partnership with Toyota and will be placing its Lidar system onto its vehicles. Rumors are afloat that three other companies have also partnered with Luminar, however are not ready to disclose their identity as of now.



About Author


Ojaswita Kutepatil

Ojaswita Kutepatil

Ojaswita Kutepatil, a mechanical engineer by qualification, worked as a BDE and Technical Engineer before switching her profession to content writing. Currently, she works at AlgosOnline. as an Content writer, where she pens down write-ups pertaining to the market res...

Read More

More from Ojaswita


Post Recommendents

Border Security Market, Share, Growth, Trends and Forecast to 2023: Market Study Report
Author: Partha Ray

Global Border Security industry report covers up-to-date marketing information which is important to monitor performance and make critical conclusions for growth and effectiveness of business.

The Border Security market report is an exte...


Bovine Respiratory Disease Treatment Market Size Development Trends, Competitive Landscape and Key Regions 2023
Author: Partha Ray

Global Bovine Respiratory Disease Treatment Market research report is added by Market Study report by covering all major market aspects. The report also touches the key scenarios like top players, competition, types, applications, regions, recent ...


Boxing Equipment Market: Global Analysis of Key Manufacturers, Dynamics & Forecast 2018-2023
Author: Partha Ray

Report studies Global Boxing Equipment Consumption in Global market that focuses on the top Manufacturers, Market Segment by Countries, Split by Product Types (with sales, revenue, price, market share of each type), Split by applications this repo...