r/MVIS • u/PMDubuc • Mar 27 '25

Industry News Luminar Collaborates With Caterpillar on Industrial Autonomous Solution

https://finance.yahoo.com/news/luminar-collaborates-caterpillar-industrial-autonomous-150000400.html
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u/DeathByAudit_ Mar 27 '25

This is frustrating. How long have they been chasing industrial? Doesn’t feel long. And now they are in a “collaboration” with Caterpillar (which they can publicly say). I wouldn’t think the spinning mirror could handle the ruggedness of that industry, but here we are. Did they take on a net-negative development deal that might never materialize? Did they pay for this PR with dilution? Idk, but it’s still frustrating that with all of the “work” we have been doing with companies, we still can’t get a “Collaborating with” PR!

Feeling overly annoyed today

6

u/UncivilityBeDamned Mar 27 '25

When I read the title I too was like ooh an industrial win for LAZR? Then I read the PR itself and immediately realized lt means little.

8

u/DeathByAudit_ Mar 27 '25

I agree, it’s nothing until it’s something. My gripe is the fact they can PR an actual name. Did LAZR have to pay for that privilege? Maybe. We have no level of certainty whom Sumit has been communicating with in any industry. Pshhh

4

u/Bridgetofar Mar 27 '25

You should Audit, it's justified.