ORLANDO, Fla.-- (BUSINESS WIRE)-- Luminar Technologies, Inc. (NASDAQ: LAZR) (the “Company” or “Luminar”), a leading global technology company, today announced that it has entered into an agreement with Quantum Computing Inc. (“QCi”) pursuant to which QCi will acquire Luminar Semiconductor, Inc. (“LSI”), a wholly owned subsidiary of Luminar, in an all-cash transaction valued at ...
Chat with the assistant chatbot you created.Quantum Computing Inc. Announces Agreement to Acquire Luminar Semiconductor, Inc. to Accelerate Technology Roadmap HOBOKEN, NJ – December 15, 2025 – Quantum Computing Inc. (“QCi” or the “Company”) (Nasdaq: QUBT), an innovative, quantum optics and integrated photonics technology company, today announced that it has signed an agreement (the ...
Enters Chapter 11 with Support from Noteholders to Fund Process with Existing Cash on Hand Reaches Agreement to Sell LSI to Quantum Computing Inc. for $110 Million in Cash Continues to Deliver ...
Luminar Technologies Inc, which manufactures laser-based sensors for cars, filed for bankruptcy shortly after it lost a contract with Swedish carmaker Volvo Car AB.
The acquisition was announced concurrently with Luminar Technologies’ chapter 11 initiations, with the expected sale of LSI subject to approval by the bankruptcy court, pursuant to a section 363 sale process. Per the agreement, QCi will serve as a stalking horse bidder and will purchase the equity of LSI, subject to higher or better offers.
Quantum Computing (QUBT) announced on Monday that it intends to acquire Luminar Semiconductor for $110M in an all-cash deal from Luminar Technologies (LAZR). Read for more.