5:13:23 AM PDT - Sunday, July 21st, 2019

Luminar eyes production vehicles with $100M round and new Iris lidar platform  

By Editor - Thu Jul 11, 10:40 am

Luminar is one of the major players in the new crop of lidar companies that have sprung up all over the world, and it’s moving fast to outpace its peers. Today the company announced a new $100M funding round , bringing its total raised to over $250M — as well as a perception platform and a new, compact lidar unit aimed at inclusion in actual cars. Big day! The new hardware, called Iris, looks to be about a third of the size of the test unit Luminar has been sticking on vehicles thus far. That one was about the size of a couple hardbacks stacked up, and Iris is more like a really thick sandwich. Size is very important, of course, since few cars just have caverns of unused space hidden away in prime surfaces like the corners and windshield area. Other lidar makers have lowered the profiles of their hardware in various ways; Luminar seems to have compactified in a fairly straightforward fashion, getting everything into a package smaller in every dimension. Test model, left, Iris on the right

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Luminar eyes production vehicles with $100M round and new Iris lidar platform

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