Luminar, Mercedes-Benz Expand Partnership to Formula One
January 09 2024 - 3:42PM
Dow Jones News
By Will Feuer
Luminar said it is expanding its partnership with Mercedes-Benz
to integrate Luminar's LiDAR technology into the Mercedes-AMG
PETRONAS F1 team's official FIA F1 safety car.
The new technology has the ability to detect still and moving
objects at high speeds and under wide ranging conditions, the
companies said. They will work together to integrate Luminar's
technology into the roofline of the Mercedes-AMG GT Black
Series.
Luminar said it has also developed new software features,
including a fully automated valet-parking feature, that taps the
company's LiDAR technology.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 09, 2024 15:27 ET (20:27 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Luminar Technologies (NASDAQ:LAZR)
Historical Stock Chart
From Oct 2024 to Nov 2024
Luminar Technologies (NASDAQ:LAZR)
Historical Stock Chart
From Nov 2023 to Nov 2024