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Luminar Technologies Inc LAZR

Luminar Technologies, Inc. is a global automotive technology company, which is engaged in vehicle safety and autonomy. The Company enables safety and autonomous capabilities for passenger and commercial vehicles as well as other adjacent markets. The Company operates through two segments: Autonomy Solutions and Advanced Technologies and Services (ATS). The Autonomy Solutions segment is engaged in design, manufacturing, and sale of lidar sensors catering mainly to the original equipment manufacturers (OEMs) in the automobile, commercial vehicle, robo-taxi, and adjacent industries. The ATS segment provides advanced semiconductors and related components, as well as design, test, and consulting services to the Autonomy Solutions segment and to various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles. The Company's products include Iris lidar, Core Sensor Software, Driving Functions Software, and Sentinel.


NDAQ:LAZR - Post by User

Post by Thejew on Sep 25, 2020 12:54pm
293 Views
Post# 31620646

BULLISH

BULLISH

“We’re playing very defensive by buying these SPACs and there’s a very big boom,” said Lamoureux, who recommends GMHI GMHI, -1.66%, or Gores Metropolus — his biggest stockholding.

Last month, automotive technology company Luminar, which works with Volvo VOLV.B, -0.12% and other top auto makers, agreed to go public through a merger with GMHI. That taps into a theme he likes — self-driving cars and trucks.

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