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Luminar Event Reveals New Tech Plus Partnerships, Direction

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ORLANDO, Fla., March 2, 2023 — Lidar technology company Luminar unveiled new sensor technology, partnerships, and initiatives at its Luminar Day event, held Feb. 28. The company showcased its newly introduced Iris+ sensor and associated software, a number of commercial agreements, the acquisition of Seagate’s lidar-related assets, the establishment of a semiconductor subsidiary, and an insurance initiative in partnership with Swiss Re to reduce insurance costs for vehicles equipped with Luminar technology. The Iris+ sensor features a slimmer profile for inclusion into the roofline of vehicles. The sensor...Read full article

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    Published: March 2023
    Glossary
    lidar
    Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
    artificial intelligence
    The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning, and problem solving.
    BusinessLuminarLaserslidarautomotiveartificial intelligenceIris+Sensors & DetectorspartnershipexpansionFacilitySubsidiarysemiconductorsBlack Forest EngineeringoptogrationFreedom PhotonicsLuminar SemiconductorAmericasAsia-Pacific

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