Jan 20, 2022

Mercedes Signs On To Use Luminar Lidar In Its Luxury Cars, Invests In Laser Sensor Maker

Posted by in categories: robotics/AI, transportation

Luminar, a laser lidar startup led by one of the youngest U.S. billionaires, has a new partnership with Mercedes-Benz that includes supplying sensors for its luxury vehicles and gathering on-road data from them to improve automated driving. The German carmaker also bought a small stake in the tech company.

Luminar’s Iris lidar will be integrated into future Mercedes planned for its next-generation platform to improve safety and help them operate autonomously during highway driving, the companies said. Details including specific models that will use the sensor and when they’ll be available for sale to customers aren’t being disclosed. Mercedes also acquired 1.5 million Luminar shares as part of the partnership, founder and CEO Austin Russell, 26, tells Forbes.

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The luxury automaker is buying 1.5 million shares of the laser lidar startup that’s led by one of the youngest U.S. billionaires.

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