Luminar Rolls Out Blade Autonomous Technology For Cars, Trucks, Robo-taxis

• Luminar Technologies Inc (NASDAQ: LAZR) has introduced Blade for the future of design and integration of autonomous technology across robotaxis, trucking, and consumer cars at its inaugural Studio Day in New York City.

• Luminar also showcased the first consumer vehicle fully integrated with Luminar's Iris lidar, which is on track for series production with Luminar's OEM partners, starting in late 2022.

• Luminar is kicking off a global customer roadshow this week to reveal Iris's performance, abilities, and design integration.

• Luminar is transitioning from lidar to automotive autonomy and safety.

• Luminar aims to build the technology foundation for autonomous vehicles starting with consumer vehicles and moving across verticals, including trucks and robotaxis, CEO Austin Russell said.

• Price action: LAZR shares traded lower by 1.08% at $23.71 on the last check Tuesday.

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