It's raised $36 million from a group of investors, including Canvas Ventures, GVA and 1517 Fund. The goal of the partnership is to increase safe, autonomous. The next-generation fleet will seamlessly integrate Luminar’s Iris and feature a multi-sensor 360-degree configuration and a slimmest profile roofline at just 10cm off of the vehicle roof.

Luminar currently has 350 employees, including in research and development in Palo Alto, California, and manufacturing in Orlando, Florida. Pony.ai is set to deploy automotive-grade production autonomous fleets in 2023 globally. That testing can be a lot of fun, Eustice said, recalling Luminar and TRI staff dumping tires and bales of hay out of the back of a pickup truck on a closed test track. TRI has been conducting tests using Luminar's microchips, lasers and receivers, scanners and processors, packaged as a boxy sensor, that's smaller than a three-ring binder. And you can't do that with other Lidars.' Mercedes-Benz is buying 1. The company won’t say how much the option will cost, but it plans to begin. 'If you want to know if that's a pedestrian or a car way in the distance? You can go get more data points from that particular region to become more confident in your data. Volvo will use LIDAR sensors from a Florida-based startup called Luminar to power its autonomous highway feature. technology company Luminar, plans to offer fully autonomous highway driving capability on models starting in 2022. 'Where this Lidar looks is reconfigurable,' Eustice explained. Toyota Research Institute's senior vice president of automated driving, Ryan Eustice, said Luminar's systems won his team over with the promise of 'long-range sensing capabilities,' but other features have also proved impressive. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower

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Luminar autonomous driving