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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. It enables safety and autonomous capabilities for passenger and commercial vehicles and other adjacent markets. Its Autonomy Solutions segment is engaged in the design, manufacturing, and sale of lidar sensors catering mainly to the original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries. Its 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. Its products include Iris lidar, Core Sensor Software, Driving Functions Software, and Sentinel. Its EM4 business manufactures optoelectronic components and laser modules primarily for the United States aerospace and defense market.


NDAQ:LAZR - Post by User

Post by Thejew on Sep 25, 2020 12:54pm
312 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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