Corporate & Finance
The industry's top players' financial and corporate news and events
Ibeo, pioneer of LiDAR sensor technology, files for insolvency Paid Members Public
The global supplier of LiDAR sensors, Ibeo Automotive Systems GmbH, filed for bankruptcy. All divisions of the business are still operating at full capacity.
Lidar's adoption driven by Innoviz and Outsight Paid Members Public
Using Innoviz One's high-performance LiDAR technology and Outsight's processing software solution, this partnership allows 3D localization and perception technology to seamlessly integrate into smart infrastructure, vehicles, and industrial applications.
Quanergy declares bankruptcy Paid Members Public
After going public 10 months ago through a SPAC with China's CITIC Capital at an estimated $1.4 billion equity valuation, LiDAR producer Quanergy has filed for Chapter 11 bankruptcy.
Ibeo Automotive Systems is the latest addition to MicroVision Paid Members Public
In order to advance car safety, MicroVision will be purchasing assets from Ibeo Automotive Systems GmbH. This move will also hasten Microvision's go-to-market strategy.
Ouster and Velodyne Announce Plan to Merge on Equal Footing Paid Members Public
The combination anticipated to improve financial situation, with a combined Q3 cash of $355 million and an expected annualized cost reduction of at least $75 million.
Cepton Inc. has secured a $100 million investment from Koito Manufacturing Paid Members Public
Cepton Inc. announces a new investment agreement with Koito Manufacturing, enabling Cepton to scale its lidar solutions for mass deployment and more potentials.
Koito Manufacturing and Cepton Inc. have announced a $100 million investment agreement. Paid Members Public
An agreement between Cepton and Koito Manufacturing has been signed for $100M.
Future Volvo and Polestar vehicles will incorporate Luminar's lidar technology Paid Members Public
To enable safe and intelligent passenger cars on the road, Luminar will integrate its Iris lidar technology into two new electric SUVs.
