Shares of Luminar extended gains after the move was announced and were up 15% to $18.87 in midday trading in New York. Trey Campbell, vice president of investor relations at Intel Corp., has also joined Luminar in a similar role, according to the statement. Luminar, which has agreements to supply the sensors to Volvo Car AB and SAIC Motor Corp., China’s biggest automaker, has assembled an advisory council including Dieter Zetsche, the former CEO of Daimler AG and Matt Simoncini, the former CEO of Lear Corp., to help it make inroads into the auto industry. Luminar Luminar CEO Austin Russell is the youngest. Tesla CEO Elon Musk is an outlier in the self-driving community because he’s developing a system using cameras and radar, but no lidar. Jan 17, 2021, 5:30 AM Austin Russell, the founder and CEO of the self-driving-car tech startup Luminar, is the youngest billionaire. After a Model Y was spotted in Palm Beach, Florida over. Their extensive experience, which includes Intel and Tesla, will be invaluable as we pursue our vision to make autonomous transportation safe and ubiquitous. Tesla’s rumored use of LiDAR systems from Luminar on a Model Y crossover have shot the company’s stock upward. Introducing two new leaders, Trey Campbell and Alan Prescott. Laser sensors, known as lidar, allow vehicles to “see” their surroundings, and are considered a critical component of enabling more advanced self-driving features. Luminar, led by 26-year-old billionaire Austin Russell, has been recruiting top executives from the tech and automotive industries as it ramps up manufacturing of its laser sensors for mass production. Prior to joining Tesla in 2017, Prescott was the senior counsel for the self-driving unit of Uber Technologies Inc. Tesla Inc.’s acting general counsel has left the electric car maker for Luminar Technologies Inc., a laser-sensor startup that went public via reverse merger last year.Īlan Prescott, who has been with Tesla for four years and became its top legal executive in December 2019, will be Luminar’s chief legal officer, the company said in a statement. CEO Austin Russell demonstrates lidar imaging. He is an active philanthropist, recognized in 2022 on the Philanthropy 50 as the 36th largest donor in America.Luminar Technologies Inc. Austin was also a recipient of the Thiel Fellowship, MIT Tech Review Innovators Under 35, and Forbes 30 under 30 alumni. Tesla Inc., whose boss Elon Musk says he can develop a fully self-driving car without using laser-sensor technology, has a contract to use such sensors from Luminar Technologies Inc.
Now 28, Austin has been recognized by Forbes as the world’s youngest self-made billionaire. Austin has set a 100 year vision for Luminar - to save as many as 100 million lives and 100 trillion hours on the road over the next century.Īustin founded Luminar in 2012 at age 17 after previously working on various photonics and optoelectronics projects, architecting a new kind of lidar to enable safe autonomous functionality on cars, trucks, and robo-taxis, with over 100 awarded patents.
TESLA LUMINAR SOFTWARE
Under Austin’s leadership, Luminar has developed the first lidar and software technology capable of powering production autonomous vehicles, has amassed over 50 commercial partners including the majority of the world’s largest automakers, and went public on the Nasdaq in 2020. Austin Russell is an inventor, business leader, and self-driving industry pioneer as the Founder and CEO of Luminar Technologies (NASDAQ: LAZR), the global leader in automotive LiDAR hardware and software technology.
0 kommentar(er)
