Luminar Technologies Inc (NAS:LAZR)
$ 1.41 0.02 (1.44%) Market Cap: 628.33 Mil Enterprise Value: 1.07 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 33/100

Luminar Technologies Inc at Evercore TMT Conference Transcript

Sep 08, 2022 / 04:00PM GMT
Release Date Price: $8.75 (+2.22%)
Unidentified Analyst;Thomas J.

Chris McNally and Doug Dutton from the automotive and mobility team, and we're really just happy to welcome Tom Fennimore, CFO of Luminar, and for our next presentation for a really quick background. So Luminar is a company dedicated to developing LiDAR technology and software, and we'll get into that for autonomous vehicles and advanced ADAS.

Founded by Austin Russell in 2012, Luminar trades under the ticker LAZR, L-A-Z-R, and has a market cap of about $3 billion. Before coming to Luminar, Tom was the Global Head of Automotive and Co-Head of Industrials Group at Jefferies. Prior to that at Goldman Sachs, where he was on the advisory side, and sort of seeing everything that was going on in autotech years before the public markets.

Tom, first, welcome, thanks so much for taking the trip here. Maybe because you can convey the story of Luminar sort of even better than we can. Could -- particularly for the guys who don't know a lot about Luminar and the LiDAR industry. Can you just give a brief overview for a little bit of the history of the company.

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