A new leading bidder has appeared in the Luminar bankruptcy case: Redmond, Washington-based MicroVision, which beat out Quantum Computing Inc.’s bid by $5 million.
The agreement comes two weeks after Luminar accused its billionaire founder of dodging information requests, as it evaluates potential legal claims.
Hesai said it now plans to build as many as 4 million lidar sensors in 2026, up from 2 million, as it tries to corner a market with one fewer player after Luminar’s bankruptcy.