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Luminar produces low cost Lidar for autonomous driving

Self-driving cars won’t change society if the sensors that allow them to “see” their environment remain too expensive to produce at scale. Until recently, the only company that made reliable LIDAR, the laser sensor that sends millions of laser points out per second and measures how long they take to bounce back, was Velodyne. But that’s changing. Waymo, the self-driving unit of Alphabet, makes its own proprietary LIDAR. Cruise, the autonomous driving division of GM, recently acquired a startup called Strobe. And the latest challenger, Luminar, has been slashing costs and scaling rapidly as it seeks to make its mark on this fast-growing industry.


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