TTM Technologies Awarded Multi-Year Contract with Raytheon for LTAMDS Radar Components Worth Up to $200 Million
ByAinvest
Wednesday, Jan 28, 2026 4:03 pm ET1min read
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Luminar's lidar business sale to MicroVision was approved despite a last-minute bid from an unidentified party that was substantially higher. The bid had "infirmities" and was deemed an "insider purchaser," likely from founder Austin Russell. The sale of Luminar's semiconductor division to Quantum Computing Inc. was also approved. The transactions are expected to close in the coming weeks, marking the end of the company.

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