25-year-old sells high-school startup Luminar in a $3.4 billion deal - Business Insider

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Luminar, which makes sensors for autonomous vehicles, said it was selling itself in a deal valued at $3.4 billion via a SPAC merger with Gores Metropoulos.

Luminar, which makes sensors for autonomous vehicles, said Monday it was selling itself in a deal valued at $3.4 billion via a SPAC merger with Gores Metropoulos. Volvo and the tech mogul Peter Thiel are also chipping in.

Luminar makes lidar sensors, which bounce lasers off objects to help self-driving cars sense their surroundings, at much cheaper rates than many of its competitors. Russell attended Stanford to study physics but dropped out at 18 after winning a Thiel Fellowship to build Luminar.Luminar, a self-driving-car startup founded by CEO Austin Russell at the age of 17 while he was in high school, said Monday it would go public in a $3.4 billion merger with a special purpose acquisition company.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Time to get a beach house...with a chiropractor roommate...and pretend Charlie Sheen never lost his mind.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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