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LAZR - Luminar Technologies Inc News Story

$17.67 -0.4  -2.2%

Last Trade - 16/04/21

Market Cap £638.8m
Enterprise Value £638.5m
Revenue £n/a
Position in Universe 2946th / 6850

BUZZ-Lidar cos: Up on report of Apple being in talk for self-driving car tech

Fri 19th February, 2021 5:16pm
** Shares of sensor maker Velodyne Lidar  VLDR.O  up 1.8% at
$21.29, peer Luminar Technologies  LAZR.O  up 6.8% at $35.09
    ** Shares of MicroVision Inc  MVIS.O , which makes laser
beam sensing technology, also up 11.6% at $20.15
    ** Apple Inc  AAPL.O  is in discussions with lidar cos for
development of its self-driving passenger vehicle, reports
Bloomberg News (
    ** Lidar is a sensor that generates a three-dimensional map
of the road ahead
    ** AAPL is moving forward with production of self-driving
car technology by 2024, Reuters reported earlier in December,
citing sources*:nL1N2J12O7
    ** VLDR had more than doubled in value in last 12 months, up
to last close, while LAZR had risen ~211%

 (Reporting by Tiyashi Datta in Bengaluru)
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