ARTICLE · 28 AUGUST 2020

LIDAR Is On The RADAR

Cipher

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Palo Alto based Luminar founded in 2012 has announced that it will be listed on the Nasdaq with an enterprise value of US$2.9 billion.

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Palo Alto based Luminar founded in 2012 has announced that it will be listed on the Nasdaq with an enterprise value of US$2.9 billion. Luminar partners with a number of the world's major car companies, including Volvo which announced in May, an integration of Luminar tech into its global vehicle platform.

Lidar sensors are critical to advancing autonomous driving. It is not just Luminar who is developing technology in the space. In fact, our landscape analysis on Lidar sensors shows vigorous patenting activity in this technology: more than 10,000 active patent families and more than 3,600 patent owners. The top five owners Bosch, Ford, Chinese Academy Of Sciences, GM and Denso own 11% of the total active patent families in Lidar Sensors.

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