Lidar market disruption and consolidation
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Luminar receives a larger $33M bid for its lidar business
Yahoo Finance· 2026-01-27 14:17
Luminar received an even higher bid for its lidar business as a court-run auction concluded on Monday, according to a new filing in the company’s bankruptcy case. MicroVision, a Redmond, Washington-based company that has been developing its own lidar sensors, submitted a $33 million bid, eclipsing the $22 million that Quantum Computing Inc. laid out a few weeks ago as the “stalking horse” bidder. (Quantum Computing Inc. had upped its bid to $28 million but apparently was unwilling or unable to go higher. ...