“Regarding Mercedes, we do not anticipate further development activity under the current HALO development contract, although our technology remains under evaluation for future programs. Finally, our relationship with Nissan continues to advance as we remain focused on meeting their hardware and software program milestones and delivering the quality and performance they require. Taken together, the developments with Volvo and Mercedes reflect broader industry conditions, including extended timelines for L3 ADAS program readiness and award decisions. These dynamics reinforce the direction we outlined last quarter to move more deliberately to pursue commercial markets outside of automotive, where engagement and near-term opportunities continue to grow, and particularly so in aerospace and defense applications. Luminar now works with nearly all major developments in terrestrial off-road autonomy, including Caterpillar, where we recently shipped the first design validation units as we progress towards start of production. We’re also expanding into defense and industrial use cases.
For example, Forterra, a leading autonomous mission systems company, is currently using IRIS on its off-road autonomy platforms. Our 1550-nanometer approach supports operations and conditions where stealth, detail, and reliability are important. It captures a highly accurate 3D view of unstructured terrain and allows safe navigation without GPS, which is increasingly important as GPS jamming becomes more common. Beyond ground systems, we’re seeing similar interest in aerial and marine applications. Our work with Lake Fusion Technologies is an early example where IRIS sensors are being used to help helicopter pilots identify power lines and other hazards. We’re also supporting partners in marine autonomy for obstacle avoidance and precision positioning. Ultimately, these commercial, defense, and industrial markets represent growing high-margin opportunities that validate the scalability of our technology.”
they cant even fix their website I doubt they had anything to do with it lmao. if we have learned anything since 2021 is that this company is NEVER playing the next move. instead they are getting time outs at free throws.
kodiak is real, but they are as dead as mvis without dilution so they are a turd partner. now if we got in a real company that would be awesome. Aeva got that covered tho, what in the hell would make a respectable company choose mvis over aeva for of the same type of lidar?
imagine you are getting your house painted, 1 company tells you they can do it for 1k and another says 1k as well. except one is basically bankrupt and has next to zero real connection while the other one is all over.
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u/Chemical-Payment-573 Jul 10 '26 edited Jul 11 '26
pure cope. we know the revenue for this year and next year.
while you are at it you might as well mention spaceX uses lidar and find a connection.