About the Author By Orlando Economic Partnership Contributor The Orlando Economic Partnership unifies our community’s strategies to create a more prosperous economy for all. But Orlando is really core to what we do. We have operations all over the United States. November 2021 Orlando Sentinel Luminar Tech founder devotes 70 million for new Orlando. Orlando is a major part of the Luminar organization. Mercedes-Benz will enable Luminar with a data-driven development approach for continuous product improvement and updates, and Mercedes-Benz’s DRIVE PILOT automated driving system will enter series production in the S-Class and EQS this year.Īccording to a regulatory filing, outlets covering the partnership have reported, Mercedes-Benz will additionally acquire up to 1.5 million Luminar shares, in exchange for certain data and services. Realtime driving directions to Luminar Technologies, Inc., 12601 Research Pkwy, Orlando, based on live traffic updates and road conditions from Waze. Luminar is ushering in a new era of vehicle safety and autonomy. “This partnership is a landmark moment in the industry, demonstrating how substantially increased safety and autonomous driving functions on consumer vehicles are going from sci-fi to mainstream,” said Austin Russell, founder and CEO of Luminar. The entrepreneurial community in Orlando continues to evolve and grow, but programs like this accelerate the process. (Nasdaq: LAZR), with support of its CEO, board members, and management, today announced its authorization and intent to purchase 250. Luminar founder and CEO Austin Russell (left) with Markus Schäfer, member of the board of management of Daimler AG and Mercedes-Benz AG, CTO responsible for development and procurement at Mercedes-Benz’s Sindelfingen, Germany, plant. ORLANDO, Fla.-(BUSINESS WIRE)-Luminar Technologies, Inc. Per the agreement, Mercedes-Benz will leverage the foundational lidar technology from Luminar to industrialize and integrate it into series production vehicles. Report this profile About Jason Eichenholz is a serial entrepreneur, executive. ![]() Luminar’s Iris lidar technology, which is currently being prepared for series production, is expected to improve vehicle safety and the technical capabilities of highly automated driving systems. Orlando, Florida, United States 500+ connections. ![]() ![]() 24, 2022 - Automotive technology company Luminar and Mercedes-Benz have formed a partnership to accelerate the development of highly automated driving technologies for Mercedes passenger cars.
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