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Luminar Bolsters Global Automotive Team

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Luminar has announced an expansion of leadership as it enters its next phase of growth in automotive, onboarding five top industry executives. Over the next 18 months, the company will be scaling its technology into series production, starting with Volvo in 2022, and will begin shipping its Iris sensing and perception platform within the year. Tom Fennimore, previously global head of automotive for Goldman Sachs and most recently at Jefferies Group LLC, joins the company as its new CFO. Fennimore has led numerous financial endeavors within the industry, including Tesla and...Read full article

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    Published: July 2020
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    lidar
    Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
    Businesshiringexpansionmachine visionlidarautonomousautonomous car lidarautomotiveThe News Wire

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