Luminar acquisition brings high-performance laser capabilities in-house

Luminar, a company that builds vision-based lidar and machine perception technologies for autonomous vehicles, is acquiring high-performance laser manufacturer Freedom Photonics on Monday. The all-stock transaction involves Luminar selling 3 million shares of its common stock, or about $42.3 million at today’s share price, per a regulatory filing.

https://techcrunch.com/2022/03/21/luminar-lidar-acquisition-freedom-photonics-lasers/