Luminar Lazr Hires Engineers from Defunct Ford-Backed Startup
Luminar Lazr, a lidar builder, has recently hired engineers from a defunct Ford-backed startup. The move is part of the company’s effort to expand its engineering team and bolster its lidar technology.
What is Lidar?
Lidar, which stands for Light Detection and Ranging, is a technology that uses lasers to measure distances and create 3D maps of the environment. It is used in a variety of applications, including autonomous vehicles, robotics, and surveying.
Ford-Backed Startup
The Ford-backed startup, called Civil Maps, was founded in 2015 and was focused on developing lidar-based mapping technology for autonomous vehicles. The company had raised $60 million in funding from investors, including Ford Motor Company.
Luminar Lazr
Luminar Lazr is a lidar builder that was founded in 2018. The company is focused on developing lidar technology for autonomous vehicles, robotics, and other applications. The company has raised $150 million in funding from investors, including Volvo Cars and Toyota Motor Corporation.
Hiring Engineers from Civil Maps
Luminar Lazr has recently hired engineers from Civil Maps, the defunct Ford-backed startup. The move is part of the company’s effort to expand its engineering team and bolster its lidar technology.
The engineers from Civil Maps will bring their expertise in lidar-based mapping technology to Luminar Lazr. The company is hoping that the new hires will help them develop more advanced lidar technology for autonomous vehicles and other applications.
Luminar Lazr’s Plans for the Future
Luminar Lazr is planning to use the new hires to expand its engineering team and develop more advanced lidar technology. The company is also planning to use the new hires to develop lidar-based mapping technology for autonomous vehicles.
The company is also planning to use the new hires to develop lidar-based mapping technology for robotics and other applications. The company is hoping that the new hires will help them develop more advanced lidar technology for autonomous vehicles and other applications.
Competition in the Lidar Market
The lidar market is becoming increasingly competitive, with a number of companies vying for a share of the market. Companies such as Velodyne, Quanergy, and Ouster are all competing for a share of the market.
Luminar Lazr is hoping that the new hires from Civil Maps will help them gain a competitive edge in the lidar market. The company is hoping that the new hires will help them develop more advanced lidar technology for autonomous vehicles and other applications.
Conclusion
Luminar Lazr has recently hired engineers from a defunct Ford-backed startup. The move is part of the company’s effort to expand its engineering team and bolster its lidar technology. The engineers from Civil Maps will bring their expertise in lidar-based mapping technology to Luminar Lazr. The company is hoping that the new hires will help them develop more advanced lidar technology for autonomous vehicles and other applications. The lidar market is becoming increasingly competitive, and Luminar Lazr is hoping that the new hires will help them gain a competitive edge in the lidar market.