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In this program, data are analyzed at different levels such as terrain, heights, mountains, and roads in 2D and 3D format. Now that you are familiar with this. What is the technology stack you need to create fully autonomous vehicles? Companies and researchers are divided on the answer to that. Download Now Luminar Photo Editor 4.3.0.7119 Crack With Serial Number Free Download 2021 Luminar Photo Editor 4.3.0.7119 Crack for Windows. luminar lidar  - Crack Key For U

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Polestar, a Sweden-based manufacturer of electric vehicles which is backed by Volvo Car AB and China’s Zhejiang Geely Holding Group, is slated to go public next year by merging with the SPAC Gores Guggenheim (NASDAQ:GGPI). While Gores Guggenheim shares – which serve as a proxy for Polestar in the pre-merger phase – remained relatively subdued since the announcement of a formal merger DA between the two entities back in September, the stock has started garnering increased attention recently. In fact, over the past weekend, GGPI was ranked as the most popular stock on Stocktwits. Lucid Group (LCID) Just Reported Its First Earnings as a Public Company [Updated] Polestar’s sizable production, smart partnerships, growing tech footprint, and a crazy-low valuation are some of the factors behind this newfound popularity. Let’s delve deeper. In an Era of Pre-revenue EV Companies Tapping the Equity Market, Polestar Is a Breath of Fresh Air With a Sizable Production Footprint Polestar is currently retailing two cars: the hybrid Polestar 1 that costs over $155,000, and the all-electric Polestar 2 that starts retailing at around $50,000 - $60,000 and boasts of a range of around 335 miles (540 km). By the end of 2021, the company expects to record an annual sales volume of 29,000 units for these two models. Additionally, the company plans to launch the Polestar 3 and Polestar 4 SUVs in 2023. In 2024, the EV manufacturer plans to introduce its Tesla Model S competitor, dubbed the Polestar 5 or the Precept. The company is currently working on four manufacturing sites in China with a cumulative production capacity of 570,750 units per year. Moreover, it also has a factory in Charleston that boasts of 150K units per year manufacturing capacity. This brings the company’s total capacity to 720,750 units per year. By 2024, Polestar will also add a capacity of 30K units per year for the Polestar Precept in Chongqing, China. Polestar Is Leveraging the Tech Capabilities of Its Partners To Deliver Cutting-edge ADAS and Battery Improvements Polestar’s powertrain consists of the ground-breaking 450-kW P10 rear motor. When combined with a front motor, the powertrain is capable of an output of 650kW. The powertrain also supports two types of battery packs: 800V and 400V architecture. Bear in mind that a high-volt architecture allows for fast charging. In fact, Polestar’s 103 kWh battery pack is capable of charging to 80 percent capacity in 20 minutes. Additionally, Polestar’s parent Volvo is now establishing a joint venture (JV) with Sweden’s Northvolt to develop next-gen batteries for EVs. The JV will establish a new gigafactory with a capacity of 50 GWh per year. Bear in mind that Northvolt recently acquired the US battery company Cuberg. This acquisition is intended to pave the way for Northvolt’s stated ambitions to produce a lithium-metal battery with energy densities that exceed 1,000 watt-hours per liter by 2025. As far as the Advanced Driver-Assistance System (ADAS) capabilities of Polestar EVs are concerned, the company has established partnerships with the LiDAR provider Luminar and Waymo, a leader in self-driving technology. Consequently, the Polestar 3 will start supporting an unsupervised highway driving pilot in 2022, with commercial offerings targeted for 2024. The Company’s EVs Are a Comprehensive Package at a Very Attractive Valuation As stated earlier, Polestar is already generating significant revenue. In fact, its top-line figure for 2021 is expected to end up at around $1.6 billion. This is light-years ahead of some of the other high-flying EV names that have gone public recently, including Lucid Group (NASDAQ:LCID) and Rivian (NASDAQ:RIVN). Apple Car Concept Based on Company’s Patents Resemble Tesla’s Cybertruck Moreover, by 2025, Polestar expects to earn $17.8 billion in revenue and start generating positive free cash flow (sourced from the company's investor presentation). Based on GGPI’s closing price on Friday, Polestar currently has a pro forma market capitalization of $25.504 billion. On the basis of 29,000 units that the company expects to sell by the end of this year, the market is valuing Polestar at just $879,448 per unit. For comparison, Tesla (NASDAQ:TSLA) is currently valued at $1.22 million for each unit expected to be delivered in 2021, based on a market cap of $1.02 trillion and 836,000 projected deliveries for 2021 (627,000 units delivered so far plus an average of 209,000 units assumed for Q4). Additionally, Rivian is currently valued at a whopping $110.83 million per unit, based on the current market cap of $110.83 billion and 1,000 units that the company is expected to sell by the end of 2021. It is hardly surprising, therefore, that we believe Polestar to be a no-brainer proposition for investors looking for EV exposure at low-cost, cheap valuations.


The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before we jump in, I wanted to note that the National Highway Traffic Safety Administration posted what appears to be the first crash involving a Tesla that had the FSD beta software engaged. As always, Tesla vehicles equipped with full self-driving (FSD) software are not self-driving. What does this mean? Well, my expectation is that there will be more incidents like this and as a result NHTSA will be forced to act. I’ll be out in Los Angeles this coming week for a number of events, including CoMotion and the Los Angeles Auto Show. Stay tuned for our coverage throughout the week. OK, let’s go! As always, you can email me at kirsten.korosec@techcrunch.com to share thoughts, criticisms, opinions or tips. You also can send a direct message to me at Twitter — @kirstenkorosec. Micromobbin’ Wheels, the shared micromobility operator with distinctive sit-down scooters, has partnered with UMass Boston, and soon, with the Massachusetts Bay Transportation Authority. Free Now, the mobility app backed by BMW and Daimler, has officially integrated with Dott, allowing customers to book Dott’s e-scooters on the app, and eventually, its e-bikes, too. The partnership will be available in the U.K., France, Italy, Poland and Germany, with more countries expected to follow. Bird riders surveyed in Atlanta show that nearly half of all riders identify as female, which is a promising stat if we’re trying to close the gender gap in the micromobility world. In the same survey, 65% of respondents said protected bike lanes would encourage them to use more scooters. In other Bird news, the company is launching its public bikeshare integration with MoGo in Detroit, a docked bikeshare service. Bird will now feature MoGo bikes in its app. Tier is bringing 500 e-bikes to the London Borough of Islington, boosting green transport options following the Ultra Low Emissions Zone expansion. The company has also just added 10 new all-electric MAN eTGE vans in London. The vans will be used to service Tier’s e-scooter fleet. Cabify has added a new business line to its multimodal repertoire. The company is partnering with Velca, a Spanish e-motorcycle brand, to provide users in Barcelona, Malaga, Madrid, Sevilla and Valencia with monthly rentals of electric motorcycles. Back in July, BMW announced it would finally start producing its retro-futuristic CE 04 electric motorbike, a vehicle around which it has released multiple concepts. Now, the automaker has entered into full series production. Propella, the e-bike manufacturer, introduced its Propella Mini bike, its smallest and lightest model yet. Coming in at just 33 pounds and 59 inches long, the Mini has 20-inch wheels, a small frame and low-power electronics. It’s equipped with a 400W Bafang motor, which is good for mainly flat land riding. It can handle a slope of about 10% grade. Anyone buying an e-bike or e-scooter, should be taking precautions, say fire departments and safety officials, after an increase in battery fires linked to micromobility devices. The New York Fire Department reported 78 fires linked to e-bikes this year and their lithium-ion batteries that can get overheated and catch fire if they’re not charged or disposed of properly. — Rebecca Bellan Deal of the week The Rivian IPO wasn’t just the deal of the week. I’m dubbing it deal of the year. We all knew it was going to be big. Rivian’s IPO has been highly anticipated. Still, the reaction and willingness of investors to buy shares 37% higher than the listed price is simply bananas. Rivian shares were listed at $78 and its opening trade was $106.75. The company has a trickle of revenue and mounting losses due to the expense of ramping up production of its R1T and R1S vehicles and RCV, the electric commercial vans it is supplying to Amazon and maybe others. That didn’t stop people from piling in and helping push Rivian’s value past $110 billion. (Closing share price on Friday was $129.95.) Rivian now has a market cap beyond GM and Ford, two legacy automakers that actually produce and sell millions of vehicles each year. Those niggling details like revenue didn’t dampen the mood. Even Amazon, which already held a 20% stake in the company, bought even more shares, per a Friday afternoon regulatory filing. Amazon now owns a total of 158,363,834 shares of Rivian, or about 22%. We miscalculated what portion of Rivian’s stock Amazon owns. If you look at the ecommerce giant’s most recent share tally, and compare it to Rivian’s expected post-IPO share count (inclusive of its underwriters’ option), it works out to 17.7%. However, if you calculate from Yahoo Finance’s listed share count for Rivian today, Amazon owns a slimmer 16.2% stake. Both figures are material, if more modest. There’s been speculation about whether Ford, which owns about 12% of Rivian, will cash out. The automaker has made a hefty return on its investment already. Ford has made about $820 million in equity and bond investments in Rivian. Those shares, about 102 million according to filings, are now worth $13.15 billion. What comes next? You better believe the attention on Rivian will be intense as it tries to meet production and delivery targets on the commercial delivery van for Amazon and its consumer products. Rivian is supposed to deliver the first 10 vans (out of an order of 100,000) to Amazon in December. When there is a customer like Amazon to please, that deadline might be difficult to keep. I’ll be watching. Other deals that got my attention this week … Ample, a startup developing battery swapping technology for electric vehicles, raised $30 million from The Blackstone Group and Spanish multinational financial services company Banco Santander. Applied Intuition, a company that sells software development tools to automotive engineers, has raised $175 million in a round led by Addition Capital, Coatue Management and serial entrepreneur Elad Gil, Bloomberg reported. The Mountain View, California-based company has a post-funding valuation of $3.6 billion. Blackshark.ai, the Austrian mapping startup, raised a $20 million Series A to develop and scale its replica-Earth tech. The potential applications for a planetary “digital twin” are many and various, and the company has a head start even on mapping giants like Google, TechCrunch’s Devin Coldewey wrote. DoorDash, the on-demand delivery giant, acquired food delivery company Wolt in an all-stock deal valued at €7 billion, or $8.1 billion. Embark Trucks, an autonomous vehicle company completed its SPAC merger and began trading on the Nasdaq under the ticker EMBK. CNBC profiled its 26-year-old founder and CEO Alex Rodrigues. Gett, the ride-hailing company, reached a deal to merge with special purpose acquisition company Rosecliff Acquisition Corp. I, a SPAC backed by the investment firm Rosecliff Venture Management LLC, the WSJ reported. GoTo Group, the Indonesia-based startup born out of a merger in May between ride-hailing giant Gojek and e-commerce company Tokopedia, secured more than $1.3 billion in the first close of its pre-IPO funding. The round was led by Abu Dhabi Investment Authority, with participation from Avanda Investment Management, Fidelity International, Google, Permodalan Nasional Berhad (PNB), Primavera Capital, SeaTown Master Fund, Temasek, Tencent and Ward Ferry. Inspiration, a startup that finances commercial electric vehicle operations and has plans to build, own and operate the corresponding charging infrastructure, came out of stealth with an initial $200 million in investment. The funding comes from ArcLight Capital Partners, a venture fund that invests in energy infrastructure. Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, raised $125 million in new capital. Notably, the lead investor is not listed and not being disclosed. I was told that a freight and logistics company set up a special interest financial vehicle as the strategic lead investor spot in the round. Other investors include newcomers SIP Global Partners, Muirwoods Ventures, Harpoon Ventures, StepStone Group, Gopher Asset Management, Walleye Capital, Aliya Capital Partners and others. Existing investors Battery Ventures, CRV and Lightspeed Venture Partners also participated. Bridgestone Americas and BMW i Ventures, which had announced strategic investments in Kodiak earlier this year, converted its funds to this round. Lordstown Motors sold its 6.2-million-square-foot Lordstown, Ohio factory to Foxconn, the Taiwanese hardware manufacturing company best known for making Apple’s iPhone. The $230 million deal is expected to close by the end of April next year, according to a statement from Lordstown. Plus and Hennessy Capital Investment Corp., a publicly traded special purpose acquisition company, agreed to terminate their previously announced merger. The companies said this was “in light of recent developments in the regulatory environment outside of the United States.” Plus, an autonomous vehicle company, said it is pursuing a potential restructuring of certain aspects of its business. Importantly, Plus’ deal to supply Amazon with driver-assistant technology remains intact, Automotive News reported. Point One Navigation, a startup that combines augmented global navigation satellite system, computer vision and sensor fusion into an API to provide precise location for robotics, OEMs and AV developers, raised $10 million. The Series A round was led by UP.Partners, with participation from existing investors including BOLT, IA Ventures and Ludlow Ventures. RabbitMart, or Rabbit for short, came out of stealth with $11 million in pre-seed funding amid a booming fast-delivery market in Africa. San Francisco-based Global Founders Capital, Raed Ventures, Foundation Venture, MSA Capital and Goodwater Capital participated in this pre-seed round. TriEye, the Israeli sensing startup, raised $74 million in a round led by M&G Investments and Varana Capital, with the participation of Samsung Ventures, Tawazun SDF, Deep Insight, Allied Group and Discount Capital, as well as existing investors Intel Capital, Porsche Ventures, Marius Nacht and Grove Ventures. The round brings TriEye’s total funding to $96 million. Upstream Security, the automotive cybersecurity technology company, received an undisclosed investment from BMW i Ventures. United States Postal Service narrowed its net losses by about half. The company reported a net loss of $4.9 billion for the 2021 budget year, an improvement over last year’s losses of $9.17 billion. Zoomcar, the Bangalore-based car-sharing startup, raised $92 million in a new financing round led by SternAegis Ventures. Zoomcar has raised $207 million to date. A little bird I hear things, but I’m not selfish. Let me share. Three quick items this week that are all about executive shuffling in the autonomous vehicle industry. You might remember that Anthony Foxx, the Secretary of Transportation under President Barack Obama, joined Lyft as chief policy officer and senior adviser back in 2018. Foxx is stepping down from the CPO gig, I learned recently. The new CPO will be Jeremy Bird, who is taking over in January. Bird joined Lyft in 2019 and was promoted to deputy CPO nearly a year ago. Lyft did confirm this tidbit to me and said Foxx will stay on as a senior adviser. Here’s a statement from Foxx that was sent me: It’s the right time for me. I worked hard to build the absolute best policy team in business. There’s really no other team like us. That’s really what I came to do, and I could not be more proud of our people or have more confidence in Lyft going forward. I can now feel good about transitioning the team while continuing to advise Lyft. Jeremy has been an instrumental part of this team and is a great leader in his own right. I’m thrilled to pass the torch to him. Another departure that actually occurred months ago, but no one has reported on, is over at Kodiak Robotics. In 2018, Kodiak came out of stealth with $40 million in funding and an intriguing founder lineup. One co-founder was Don Burnette, who is CEO and a veteran of the autonomous vehicle industry. Burnette left the Google self-driving project to co-found self-driving truck startup Otto in early 2016, along with Anthony Levandowski, Lior Ron and Claire Delaunay. He left in March 2018, about a year after Uber bought Otto. The other co-founder was Paz Eshel, former venture capitalist. Specifically, he had been a vice president at Battery Ventures, where he led the firm’s autonomous-vehicle investment project. Battery Ventures led Kodiak’s first round and Itzik Parnafes, a general partner at Battery Ventures, joined the Kodiak board. I learned, and Burnette confirmed, that Eshel is no longer at the company. Burnette wouldn’t provide further details except to say that he departed earlier this summer. I reached out, but have not heard from Eshel. And finally, it seems that Gretchen Effgen, a longtime executive at Motional, is now at Google. Effgen led partnerships and marketing at nuTonomy, the autonomous vehicle startup that was acquired by Aptiv in November 2018. This venture was spun out in 2020 as Motional, a $4 billion joint venture with Hyundai. Effgen joined Google as it director of global automotive partnerships, platforms and ecosystems this month, according to her LinkedIn profile. Policy corner Hello everyone! Welcome back to Policy Corner. I want to touch briefly on the news regarding the $1.2 trillion infrastructure bill passed by Congress last Friday — briefly because, well, there’s tons already out there detailing in full what it includes and doesn’t include, what it means for roads, ports and the railway system. Regarding transportation electrification, the big wins include: $5 billion for zero-emission transit $5 billion to expand EV chargers along highways, plus an additional $2.5 billion that could go toward EV charging or other types of alternative fuel, like hydrogen stations $2.5 billion to electrify school buses There are a few other interesting tidbits included in the bill that caught my eye as well, especially an “Advanced Impaired Driving Technology” provision. Essentially, this provision gives the National Highway Transportation and Safety Administration three years to evaluate anti-drunk driving auto tech and issue a new safety standard, which automakers will be required to incorporate into new vehicles two years after that. NHTSA will no doubt be evaluating driver monitoring tech, including sensors outside the vehicle and even in-vehicle sensors that actually monitor the driver’s eyes and attention. It looks like many technologies that are already rolling out in vehicles today, like lane departure warnings, could be used for this purpose, and other companies are already starting to look into how their systems could be used to prevent drunk driving. Also of note: NHTSA will receive around $110 million per year to conduct “behavioral research on Automated Systems and Advanced Driver Assistance Systems and improving consumer responses to safety recalls.” Another bill was passed this week that could mean big things for everything from drones to eVTOL. That is the Advanced Air Mobility Coordination and Leadership Act, which will establish an interagency working group within the Department of Transportation to “plan and coordinate efforts related to the safety, operations, infrastructure, physical security, cybersecurity, and Federal investment necessary for maturation of the AAM ecosystem” in the U.S. This is a big deal! This goes far beyond the Federal Aviation Administration’s authority to certify aircraft, which is really one piece of the puzzle to launching AAM technologies. This working group will make recommendations for all the other pieces in which the federal government plays a role, like safety requirements of future air traffic management systems; infrastructure, including utility infrastructure, to support the growth of AAM; and community acceptance of the tech. “Congress spending intentional time looking at infrastructure, looking at operations, looking at how all of these things can come to fruition and really benefit states in the communities that each of these senators and representatives serve is pretty big,” Ian Villa, COO of Whisper Aero, told TechCrunch in a recent interview. The working group’s recommendations will also likely push conformity — which is good for end users and industry, Villa added. “There’s no way we can stand up a real system if the way that air taxis operate in Miami is different than the way [they] operate in California.” The working group will be required to submit a report to Congress on their findings. — Aria Alamalhodaei Notable news and other tidbits Autonomous vehicles Gatik, an autonomous delivery startup focused on the middle mile, pulled the safety operator from behind the wheel of two self-driving box trucks that operate in Walmart’s home turf of Bentonville, Arkansas. This means the startup’s box trucks are driverless on a commercial route. TechCrunch actually reported about this in August, when the company first went fully driverless. Gatik revealed more details on this milestone, including that it has a chase vehicle for now. Lyft and Motional will launch their first fully driverless ride-hail service in Las Vegas in 2023. The companies aim to be transporting public passengers — via Motional’s electric Hyundai IONIQ 5-based robotaxis and booked through the Lyft app — by the second half of next year. They will eventually scale up to a full commercial launch when Lyft is allowed to charge for rides in 2023. Nvidia said that Hyperion 8 — a production-ready platform that includes sensors, compute and software needed for AV development — is now available to buy for 2024 vehicle models. Hyperion 8 is the latest iteration of the end-to-end Nvidia Drive platform that automakers can use to customize to their likening and needs. This was revealed back in April. However, some details, including which companies are supplying the 12 cameras, nine radars and one lidar that are part of the platform, weren’t shared until this past week. Notably, Luminar is supplying the lidar, a potential boon for the newly public company. Continental, Hella, Sony and Valeo are also supplying sensors to Nvidia for the Hyperion 8. Plus, the autonomous vehicle company I cited up in the “deal of the week” section, announced a partnership with Aeva lidar. Aeva’s tech will be used in Plus’s first 100,000 trucks. Ouster, a lidar company, held its Q3 earnings call last week. Ouster said it is spending more on R&D and scaling up a division focused just on automotive, another signal that lidar companies have to diversify their offerings to stay afloat. Electric vehicles GreenPower and Perrone Robotics are teaming up to produce the AV Star. It’s a combination of GreenPower’s EV star, a mini electric bus, that will be fitted with Perrone’s TONY autonomous vehicle retrofit kit. Workhorse Group, the troubled electric vehicle startup, is struggling — and beyond its Q3 $81 million loss. Revenue is also in the negative to the tune of $576,600 because it had to issue refunds to customers who had their C-1000 cargo delivery vans recalled due to safety issues. Workhorse CEO Rick Dauch also admitted that, aside from federal safety issues, the C-1000 just might not be up to the task of heavy duty deliveries. Yikes. Misc. stuff The U.S. Department of Justice filed a lawsuit against ride-hailing giant Uber over claims that the company discriminates against passengers with disabilities, in violation of the U.S. Americans with Disabilities Act. Dr. Lawrence Burns, an author and former corporate VP of research & development and planning at General Motors, is now an executive adviser of autonomous sensing platforms company Neural Propulsion Systems. Burns was a former adviser to Waymo. MotoRefi, the auto refinance platform, changed its name to Caribou. Along with the new branding and logo, Caribou recently combined its auto financing product with insurance. The company said it plans to announce specific details on insurance carrier plans in early 2022.


Luminar is optimizing its manufacturing processes and supply chain on the path to series production of its Iris sensor. ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (NASDAQ: LAZR), the global leader in automotive lidar hardware and software technology, today announced its quarterly business update and financial results for the third quarter of 2021, ended September 30, 2021. Building on Luminar’s commercial momentum, this week the company announced that NVIDIA has selected Luminar1 for its autonomous vehicle platform known as NVIDIA DRIVE Hyperion, which is available now for 2024 vehicle models. “This quarter was one to remember with the debut of our Proactive Safety software, new top vehicle integration partnerships, two trucking wins, closing the acquisition of a key supplier, world-class leadership additions, and the culmination of our platform win with NVIDIA,” said Austin Russell, Luminar Founder and CEO. “At the same time, we’ve been meeting or beating all five of our company-level milestones we outlined towards the beginning of the year through relentless execution and commercial success. We look forward to powering the safest production vehicles on the road and enabling the first truly autonomous capabilities.” Today, Luminar released a video update regarding the path to series production of its Iris sensor. The video can be viewed at: www.luminartech.com/path. Major 2021 Milestones and Q3 Company Highlights: Today, Luminar reported progress against its five key 2021 milestones. Iris Industrialization for Series Production: Product development and tooling are both predominantly complete, and Luminar is entering the C-phase of its product lifecycle. Luminar continues to work closely with its manufacturing partners Celestica and Fabrinet and has successfully secured next year’s supply chain. Software & Product Development: In Q3, Luminar debuted its Proactive Safety™ functionality, which is enabled by its Sentinel software, at IAA Mobility2. The company has successfully developed its alpha version of the full-stack Sentinel solution, and demonstrated both advanced automatic emergency braking and assisted highway driving capabilities. Luminar expects to unveil to the public its Sentinel alpha on Iris at the Consumer Electronics Show (CES) in January. Commercial Programs & Customer Adoption: Luminar confirmed it achieved its goal of six major commercial wins this year, with the addition of NVIDIA and Polestar’s public disclosure. In Q3, Luminar’s technology was also selected by two of the leading autonomous trucking companies, Embark Trucks, Inc. and Kodiak Robotics, Inc. Additionally, Luminar announced new vehicle integration partnerships with two of the top automotive roof suppliers, Webasto and Inalfa, streamlining customer integration. Forward-Looking Order Book: Luminar remains on-track for its goal of at least 60% year-over-year growth of its forward-looking order book in 2021 based on continued commercial acceleration of significant wins and volume opportunities. Liquidity and Cash Position: Luminar remains on-track to achieve its target of ending the year with more cash on the balance sheet compared to year-end 2020. Key Q3 2021 Financials: After raising its revenue guidance the prior quarter, Luminar is maintaining its full-year 2021 guidance of $30 to $33 million. Key financial highlights for the quarter ended September 30, 2021: Revenue was $8.0 million, up 89% year-over-year and up 26% compared to the prior quarter. was $8.0 million, up 89% year-over-year and up 26% compared to the prior quarter. GAAP and Non-GAAP net loss: GAAP net loss was $51.3 million, or $(0.15) per share compared to a GAAP net loss of $37.5 million, or $(0.29) per share for the third quarter of 2020. Non-GAAP net loss was $36.0 million, or $(0.10) per share, compared to a non-GAAP net loss of $28.2 million, or $(0.22) per share, basic and diluted, for the third quarter of 2020. GAAP net loss was $51.3 million, or $(0.15) per share compared to a GAAP net loss of $37.5 million, or $(0.29) per share for the third quarter of 2020. Non-GAAP net loss was $36.0 million, or $(0.10) per share, compared to a non-GAAP net loss of $28.2 million, or $(0.22) per share, basic and diluted, for the third quarter of 2020. Cash, Cash Equivalents and Marketable Securities were $544.9 million as of September 30, 2021, compared to $485.7 million as of December 31, 2020. Cash spend (operating cash flow less capital expenditures) was $37.5 million in Q3 and $98.4 million year-to-date. __________________________________ 1 https://www.luminartech.com/nvidia 2 https://www.luminartech.com/iaa2021/ Webcast Details Founder and CEO Austin Russell and CFO Tom Fennimore will host a video webcast, featuring a business update followed by a live Q&A session. What: Video Webcast featuring Quarterly Business Update, Q3 Financials and Live Q&A Date: Today, November 11, 2021 Time: 2:00 p.m. PT (5:00 p.m. ET) A live webcast of the event will be available on Luminar’s Investor site at https://luminartech.com/quarterlyreview. A replay of the webcast will be available following the presentation. For additional information or to be added to our investor distribution list, please visit us at https://investors.luminartech.com/ir-resources/email-alerts. Non-GAAP Financial Measures In addition to disclosing financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), this press release contains certain non-GAAP financial measures. Non-GAAP financial measures do not have any standardized meaning and are therefore unlikely to be comparable to similarly titled measures presented by other companies. Luminar considers these non-GAAP financial measures to be important because they provide useful measures of the operating performance of the Company, exclusive of factors that do not directly affect what we consider to be our core operating performance, as well as unusual events. The Company’s management uses these measures to (i) illustrate underlying trends in the Company’s business that could otherwise be masked by the effect of income or expenses that are excluded from non-GAAP measures, and (ii) establish budgets and operational goals for managing the Company’s business and evaluating its performance. In addition, investors often use similar measures to evaluate the operating performance of a company. Non-GAAP financial measures are presented only as supplemental information for purposes of understanding the Company’s operating results. The non-GAAP financial measures should not be considered a substitute for financial information presented in accordance with GAAP. This presentation includes non-GAAP financial measures, including non-GAAP net loss, Free Cash Flow (“FCF”) and Order Book. Non-GAAP net loss is defined as GAAP net loss plus stock-based compensation expense, plus amortization of intangible assets, plus change in fair value of warrant liabilities, plus loss on extinguishment of debt, plus expenses related to registration statement on Form S-1 on behalf of selling stockholders, plus benefit from income taxes. FCF is defined as operating cash flow less capital expenditures. Order Book is defined as the forward-looking cumulative sales estimates of Luminar’s hardware and software products over the lifetime of given programs which Luminar’s technology is integrated into or provided for, based primarily on projected/actual contractual pricing terms and good faith estimates of “take rates” of Luminar’s technology on vehicles. Such anticipated programs and volumes/take rates are based on commitments by our partners that are dependent on successful performance through development and validation and entering definitive purchase orders for series production, which may change for a variety of reasons as disclosed herein and other SEC filings, including, without limitation, the risks set forth in the “Forward-Looking Statements” section below. Customer production vehicle volume estimates (and take rates when applicable) are largely sourced from (i) the OEM/customer, (ii) IHS Markit or other third party estimates, and/or (iii) Luminar’s management good faith estimates. Luminar defines a “major win” as a written agreement with a major industry player, including based on their past experience in high volume production, leadership in autonomy, or market leadership, that selects our technology for what is expected to be a significant commercial program, including OEM series production programs. We only include major commercial wins, disclosed or undisclosed, in our forward-looking order book calculation, which are subject to the risks set forth in the “Forward-Looking Statements” section below. Note, NVIDIA is a major commercial win because they publicly announced selection of our lidar as part of their Hyperion reference platform, which is expected to result in significant commercial programs. NVIDIA is a technology/platform provider and relevant written agreements would ultimately be made directly with the end user of NVIDIA’s Hyperion reference platform. Forward-Looking Statements Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “aims”, “believe,” “may,” “will,” “estimate,” “set,” “continue,” “towards,” “anticipate,” “intend,” “expect,” “should,” “would,” “forward,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the commercial implications of Luminar’s selection by NVIDIA to be part of its Hyperion platform and the extent to which this will lead to significant customer programs, the expected timing of entering into the C-phase for Luminar’s Iris sensor, the delivery timing of the full-stack Sentinel software and its expected functionality and safety benefits, that Luminar will succeed in achieving its commercial wins target in 2021, that Luminar will achieve its order book growth outlook, and that Luminar will meet its year-end cash position target. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Luminar's management and are not predictions of actual performance. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements including the risks discussed under the heading “Risk Factors” in the Annual Report on Form 10-K filed by Luminar on April 14, 2021, the registration statements on Form S-1 (Nos. 333-251657 and 333-257989) filed with the SEC and amendments thereto, and other documents Luminar files with the SEC in the future. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made and Luminar undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. About Luminar Luminar Technologies, Inc. (Nasdaq: LAZR) is transforming automotive safety and autonomy by delivering lidar and associated software that meets the industry’s stringent performance, safety, and economic requirements. Luminar has rapidly gained over 50 industry partners, including a majority of the top global automotive OEMs. In 2020, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, which now expects to make Luminar’s technology part of the standard safety package on their next generation electric SUV. Additional customer wins include SAIC, Daimler Truck AG, Intel’s Mobileye, Pony.ai and Airbus UpNext. Founded in 2012, Luminar employs approximately 400 with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich. For more information, please visit www.luminartech.com. LUMINAR TECHNOLOGIES, INC. 15 ) $ (0.29 ) $ (0.48 ) $ (0.61 ) Shares used in computing net loss per share attributable to common stockholders: Basic and diluted 352,122,485 130,601,660 341,858,435 129,643,774 LUMINAR TECHNOLOGIES, INC. 358 — Purchases of marketable securities (530,179 ) (123,403 ) Proceeds from maturities of marketable securities 306,907 8,465 Proceeds from sales of marketable securities 83,493 4,448 Purchases of property and equipment (4,155 ) (1,963 ) Net cash used in investing activities (143,576 ) (112,453 ) Cash flows from financing activities: Proceeds from issuance of Series X convertible preferred stock — 170,000 Issuance cost paid for Series X convertible preferred stock — (5,662 ) Proceeds from the issuance of debt — 31,910 Repayment of debt (159 ) (11,206 ) Proceeds from exercise of warrants 153,927 — Proceeds from exercise of stock options 4,738 — Other financing activities (345 ) (1,238 ) Net cash provided by financing activities 158,161 183,804 Net increase (decrease) in cash, cash equivalents and restricted cash (79,671 ) 23,620 Beginning cash, cash equivalents and restricted cash 209,719 27,305 Ending cash, cash equivalents and restricted cash $ 130,048 $ 50,925


Solid-State LiDAR Market Booming Worldwide Opportunity, Upcoming Trends & Growth Forecast 2021-2026 https://straitsresearch.com/report/solid-state-lidar-market/request-sample https://straitsresearch.com/report/solid-state-lidar-market Solid-State LiDAR Market 2021-2026Straits Research has recently added a new report to its vast depository titled Global Solid-State LiDAR Market. The report studies vital factors about the Global Solid-State LiDAR Market that are essential to be understood by existing as well as new market players. 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Tesla is well known for its plans to create a fleet of robotaxis and is actively working on that with the development of its Full-Self Driving (FSD) suite. The company and it fans are probably the most vocal about this potentially amazing, life-saving technology. There are other companies developing similar technologies with a focus on fully autonomous driving as well, though, and this includes tech giant NVIDIA. NVIDIA just announced its own version of a computer architecture, sensor set, and full-self driving software (in some scenarios), DRIVE Hyperian 8. The company says that DRIVE Hyperian 8 is designed for the highest levels of functional safety and cybersecurity and is available to purchase today for 2024 vehicle models. NVIDIA noted that the production platform was designed to be modular, which enables customers to use only what they need. The new software was announced at the GPU Technology Conference (GTC) where NVIDIA CEO Jensen Huang showed a DRIVE Hyperion 8 vehicle driving autonomously from the NVIDIA headquarters in Canta Clara, CA, to Rivermark Plaza in San Jose, CA. Nvidia added that DRIVE Hyperion is scalable and that its artificial intelligence provides a secure base for autonomous vehicle development. NVIDIA’s DRIVE Orin Platform In April 2021, NVIDIA announced its new NVIDIA DRIVE Orin high-performance AI platform to power autonomous vehicles. At the time, the company noted that it processes over 250 trillion operations per second (250 TFLOPs) while achieving systematic safety standards such as ISO 26262 ASIL-D. The company noted that along with the Orin platform, DRIVE Hyperion will provide a secure base for the development of autonomous vehicles. It will have two Nvidia DRIVE Orin systems-on-a-chip that will provide redundancy and fail-over safety along with the needed computing power for level 4 self-driving. The company added that the “DRIVE Hyperion 8 developer kit also includes NVIDIA Ampere architecture GPUs. This high-performance compute delivers ample headroom for developers to test and validate new software capabilities.” The Sensor Suite The sensor suite is made up of 12 cameras, 9 radars, 12 ultrasonics, and 1 front-facing lidar sensor. The sensor suite is also coupled with sensor abstraction tools so that autonomous vehicle manufacturers can customize the platform to their individual needs. Included in this suite is the long-range Luminar Iris sensor that will perform front-facing lidar capabilities. “The long-range Luminar Iris sensor will perform front-facing lidar capabilities, using a custom architecture to meet the most stringent performance, safety and automotive-grade requirements.” Luminar’s Founder and CEO, Austin Russell, touched upon the common thread between Luminar and NVIDIA. “NVIDIA has led the modern compute revolution, and the industry sees them as doing the same with autonomous driving,” he said. “The common thread between our two companies is that our technologies are becoming the de facto solution for major automakers to enable next-generation safety and autonomy. By taking advantage of our respective strengths, automakers have access to the most advanced autonomous vehicle development platform.” The radar is made up of Hella short-range and Continental long-range and imaging radars. Sony and Valeo cameras provide the visual sensing and Valeo is adding ultrasonic sensors to help the system measure object distance. Sony’s Head of Automotive Marketing, Marius Evensen said: “NVIDIA DRIVE Hyperion is a complete platform for developing autonomous vehicles, which is why Sony has integrated its sensors to give our customers the most effective transition from prototype to production vehicles.” Comparison With Tesla Big differences between NVIDIA’s sensor suite and Tesla’s FSD hardware is that Tesla no longer uses radar and has never used lidar, focusing 100% on the use vision (cameras) instead of radar and lidar. At Tesla’s AI Day back in August, Tesla showed how it is teaching neural nets to drive just based on the camera inputs. Using only vision simplifies the system more deeply than just on the hardware side. Sensors are a bitstream and cameras have several orders of magnitude more bits/sec than radar (or lidar). Radar must meaningfully increase signal/noise of bitstream to be worth complexity of integrating it. As vision processing gets better, it just leaves radar far behind. — Elon Musk (@elonmusk) April 10, 2021 While Tesla is working on its own AI and FSD software, and making the electric vehicles that use them, the automotive competition wants to catch up, and many of them plan to do so with the support of NVIDIA. Will its solution work as well? Will it work better? Or will it be too limited by the kinds of challenges that led Tesla to go 100% vision/camera-based for its self-driving tech? It’s an exciting future to think about in regards to autonomous driving. The National Highway Transportation Safety Administration (NHTSA) stated that an estimated 20,160 people died in motor vehicle crashes in the first half of 2021 in the USA, and rightfully called this a crisis. We need self-driving technology yesterday. 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3D-LiDAR Market to Witness Huge Growth by Key Players: Velodyne, Ouster, Innoviz, Ibeo Automotive Systems, Continental, Quanergy Systems, LeddarTech https://www.reportsnreports.com/contacts/requestsample.aspx?name=4645743 https://www.reportsnreports.com/contacts/discount.aspx?name=4645743 https://www.reportsnreports.com/purchase.aspx?name=4645743 3D-LiDAR Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027.Get Free Sample PDF (including full TOC, Tables and Figures) of 3D-LiDAR Market @The report provides a comprehensive analysis of company profiles listed below:- Velodyne- Ouster- Innoviz- Ibeo Automotive Systems- Continental- Quanergy Systems- LeddarTech- Luminar- Valeo- Hesaitech- Robosense- Leishen Intelligent System3D-LiDAR Market Segment by Type:- Short Range Lidar- Mid-range Lidar- Long Range Lidar3D-LiDAR Market Segment by Application:- Passenger Vehicle- Commercial VehicleAccess full report and Get 25% Discount @The study report offers a comprehensive analysis of 3D-LiDAR Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. 3D-LiDAR Market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global 3D-LiDAR Market will be able to gain the upper hand as they use the report as a powerful resource.Scope of this Report:• This report segments the global 3D-LiDAR market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.• The report helps stakeholders understand the pulse of the 3D-LiDAR market and provides them with information on key market drivers, restraints, challenges, and opportunities.• This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.#Customization Service of the Report:ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.Do you have any query or specific requirement? Ask to our industry expert @Corporate HeadquartersTower B5, office 101Magarpatta SEZ,Hadapsar, Pune-411013, IndiaAbout Us:-ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.


ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc., the global leader in automotive lidar hardware and software technology, announced today at the NVIDIA GTC conference that its lidar solution has been selected to be part of the sensor suite in the NVIDIA DRIVE Hyperion autonomous vehicle reference platform. This AI vehicle computing platform accelerates development of autonomous consumer vehicles with planned production starting in 2024. By offering automakers a qualified, complete sensor suite featuring Luminar’s lidar solution, on top of NVIDIA’s centralized high-performance compute and AI software, DRIVE Hyperion provides everything needed to develop production autonomous vehicles. DRIVE Hyperion will utilize one forward-facing long-range Luminar Iris lidar in its Level 3 highway driving configuration. Iris’ custom lidar architecture is designed to meet the most stringent performance, safety and automotive-grade requirements to enable next-generation safety as well as assisted and autonomous driving on production vehicles. “NVIDIA has led the modern compute revolution, and the industry sees them as doing the same with autonomous driving,” said Austin Russell, Founder and CEO of Luminar. “The common thread between our two companies is that our technologies are becoming the de facto solution for major automakers to enable next-generation safety and autonomy. By taking advantage of our respective strengths, automakers have access to the most advanced autonomous vehicle development platform.” “Our collaboration with Luminar bolsters the DRIVE ecosystem of companies that are focused on building best-in-class technologies for enabling autonomous driving functionalities,” said Gary Hicok, Senior Vice President of Engineering, NVIDIA. “Luminar is pioneering a unique, scalable solution that complements the NVIDIA DRIVE Hyperion platform.” About Luminar: Luminar Technologies, Inc. (Nasdaq: LAZR) is transforming automotive safety and autonomy by delivering lidar and associated software that meets the industry’s stringent performance, safety, and economic requirements. Luminar has rapidly gained over 50 industry partners, including the majority of the global automotive OEMs. In 2020, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, which now expects to make Luminar’s technology part of the standard safety package on their next generation electric SUV. Additional customer wins include SAIC, Daimler Truck AG, Intel’s Mobileye, Pony.ai and Airbus UpNext. Founded in 2012, Luminar employs approximately 400 with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich. For more information please visit www.luminartech.com. Forward Looking Statement Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “aims”, “believe,” “may,” “will,” “estimate,” “set,” “continue,” “towards,” “anticipate,” “intend,” “expect,” “should,” “would,” “forward,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the likelihood of series production of vehicles including NVIDIA’s Drive Hyperion system including Luminar’s lidar, the capability of NVIDIA’s Hyperion system including whether it is ready for series production, its autonomous capabilities, and whether automakers will need additional equipment for autonomy, and that Luminar’s relationship with several automakers will result in series production. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements including the risks discussed under the heading “Risk Factors” in the Annual Report on Form 10-K filed by Luminar on April 14, 2021, the registration statement on Form S-1 (No. 333-257989) filed with the SEC on July 16, 2021 and amendments thereto, and other documents Luminar files with the SEC in the future. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made and Luminar undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.


Nvidia With its Orin automotive system-on-a-chip arriving in vehicles soon, Nvidia turns its attention to practical applications of its future autonomous vehicle tech. The semiconductor giant announced two new AI-driven software technologies -- Nvidia Drive Concierge and Drive Chauffeur -- at its GTC conference on Tuesday, alongside news that the Drive Hyperion 8 autonomous platform is now ready for production vehicles. Nvidia Drive Concierge Nvidia Drive Concierge is an AI-driven software assistant that combines conversational voice assistance with driver monitoring and autonomous parking tech. It's sort of like asking Siri to valet your car. Drive Concierge can field simple and complex natural voice commands -- from initiating a phone call to booking reservations -- and is personalized to each passenger's voice, giving everyone onboard their own virtual assistant. The assistant can act proactively to, for example, alert the user if the cabin cameras detect you've left your bag or purse in the backseat. While driving, those same cameras monitor the driver's attention level to encourage a drowsy driver to take a break or nudge a distracted driver's eyes back to the road. In the dashboard, drivers will interact with a visual representation of the digital assistant built using ray-traced graphics and Nvidia's newly announced Omniverse Avatar technology. However, Drive Concierge's coolest party trick is its integration with the Nvidia Drive AV autonomous driving tech, providing on-demand valet parking. Drivers will be able to activate the feature and be dropped curbside while the car navigates itself to a nearby parking spot. Nvidia claims the system is smart enough to consider factors such as loading zones, accessible spaces, fire hydrants, street sweeping times and obstructions such as concrete pillars or shopping carts. It can handle parallel, perpendicular and angled parking. Drivers will also be able to summon the car for pickup when it's time to hit the road again. Nvidia Nvidia Drive Chauffeur and Hyperion 8 Building further on the Nvidia Drive AV tech is the Drive Chauffeur AI-assisted software for autonomous driving. Nvidia claims that Drive Chauffeur is capable of address-to-address autonomous driving and can handle both highway and urban traffic conditions. For drivers who would rather drive themselves, the same Drive AV tech that powers the Chauffeur can also be used to power active driver-assistance systems. Nvidia says that this tech "relieves the human driver from the burden of controlling the vehicle and monitoring the surrounding environment at all times," allowing them to focus their time and energy elsewhere. Drive Chauffeur integrates tightly with Concierge, displaying a 3D visualization of the road onscreen when operating autonomously. Nvidia calls this a Confidence View and thinks it helps the driver build trust with the autonomous driving system. The technologies behind both Drive Concierge and Chauffeur are powered by the Nvidia Drive Hyperion 8 architecture and sensor suite for full self-driving systems. Hyperion starts with a pair of Nvidia Drive Orin SoCs that, together, provide the redundancy and safety required for autonomous driving functions. If one chip malfunctions or experiences, say, a cosmic ray-induced computational hiccup, its twin will be there to check its work or take over. Orin is purpose-built for the types of simultaneous applications and deep neural networks required for the higher levels of autonomous driving, with each SoC capable of 254 trillion operations per second. Nvidia Beyond the SoCs, Hyperion 8 features a standardized suite of sensors from Nvidia's partners Luminar, Hella, Continental, Sony and Valeo. In total, there are 12 cameras, nine radar sensors, 12 ultrasonic sensors and a single forward-looking lidar scanner that, according to Nvidia, have been "calibrated precisely for 4D data collection." The sensors feed into the Orin twins where the Nvidia DriveWorks Sensor Abstraction Layer forms a model of the environment that gets fed into the Nvidia Drive AV software where the AI makes decisions about negotiating the road. Hyperion 8 is designed to be a modular, production-ready autonomous platform, so vehicle designers can pick and choose individual technologies to implement, whether that be Level 3 driving, driverless parking or just AI-enhanced dashboard applications, or going all-in on an Nvidia-powered car. It's also scalable, so automakers who adopt the tech will be able to seamlessly transition to Nvidia Drive Atlan SoCs when those come online in 2025. Nvidia says that Drive Hyperion 8 is available now for 2024 model year cars, but we're not sure what vehicles specifically. Previously, Volvo and Mercedes-Benz announced partnerships to use Nvidia Drive tech in future cars.


Safe, robust autonomous vehicles require a foundation that’s just as dependable. NVIDIA DRIVE Hyperion 8 is a computer architecture and sensor set for full self-driving systems. This latest generation technology is designed for the highest levels of functional safety and cybersecurity, and is supported by sensors from a wide range of leading suppliers including Continental, Hella, Luminar, Sony and Valeo. DRIVE Hyperion is available today for 2024 vehicle models, NVIDIA founder and CEO Jensen Huang announced at GTC. The production platform is designed to be open and modular, so customers can easily use what they need — from core compute and middleware all the way to NCAP, level 3 driving, level 4 parking and AI cockpit capabilities. During the GTC keynote, Huang showed a DRIVE Hyperion 8 vehicle drive autonomously from the NVIDIA headquarters in Santa Clara, Calif., to Rivermark Plaza in San Jose. DRIVE Hyperion is also scalable, with the current standard DRIVE Orin platform designed to be upgradeable with NVIDIA DRIVE Atlan and DriveWorks APIs that are compatible across generations. Architected for Safety With a functionally safe AI compute platform at its core, DRIVE Hyperion provides a secure base for autonomous vehicle development. Two NVIDIA DRIVE Orin systems-on-a-chip provide redundancy and fail-over safety, as well as ample compute for level 4 self-driving and intelligent cockpit capabilities. The DRIVE Hyperion 8 developer kit also includes NVIDIA Ampere architecture GPUs. This high-performance compute delivers ample headroom for developers to test and validate new software capabilities. The NVIDIA DriveWorks Sensor Abstraction Layer streamlines sensor setup with easy-to-use plugins, while DRIVE AV Software contains the deep neural networks for perception, mapping, planning and control. Sensing New Possibilities By including a complete sensor setup on top of centralized compute and AI software, DRIVE Hyperion provides everything needed to validate an intelligent vehicle’s hardware on the road. Its sensor suite encompasses 12 cameras, nine radars, 12 ultrasonics and one front-facing lidar sensor. And with the adoption of best-in-class sensor suppliers coupled with sensor abstraction tools, autonomous vehicle manufacturers can customize the platform to their individual self-driving solutions. This open, flexible ecosystem ensures developers can test and validate their technology on the exact hardware that will be on the vehicle. The long-range Luminar Iris sensor will perform front-facing lidar capabilities, using a custom architecture to meet the most stringent performance, safety and automotive-grade requirements. “NVIDIA has led the modern compute revolution, and the industry sees them as doing the same with autonomous driving,” said Austin Russell, Founder and CEO of Luminar. “The common thread between our two companies is that our technologies are becoming the de facto solution for major automakers to enable next-generation safety and autonomy. By taking advantage of our respective strengths, automakers have access to the most advanced autonomous vehicle development platform.” The radar suite includes Hella short-range and Continental long-range and imaging radars for redundant sensing. Sony and Valeo cameras provide the cutting edge in visual sensing, in addition to ultrasonic sensors from Valeo for measuring object distance. “NVIDIA DRIVE Hyperion is a complete platform for developing autonomous vehicles, which is why Sony has integrated its sensors to give our customers the most effective transition from prototype to production vehicles,” said Marius Evensen, Head of Automotive Marketing at Sony. DRIVE Hyperion is open and can accelerate the AV industry’s time to market by giving manufacturers the ability to leverage NVIDIA’s own development work. It includes all the tools NVIDIA engineers use to record, capture and process all the data from these sensors in real time. And this entire toolset is synchronized and calibrated precisely for 4D data collection, giving developers valuable time back in deploying safe and robust autonomous vehicles. DRIVE Hyperion is the ideal platform for anyone developing autonomous vehicles. Catch up on the full GTC keynote:


Automakers, suppliers and startups aiming to roll out automated driving features, robotaxis and self-driving trucks are a little closer to accessing Nvidia’s newest compute and sensor toolkit. Nvidia founder and CEO Jensen Huang announced Tuesday at the company’s fall GTC event that Hyperion 8 — a production-ready platform that includes sensors, compute and software needed for AV development — is now available to buy for 2024 vehicle models. Hyperion 8 is the latest iteration of the end-to-end Nvidia Drive platform that automakers can use to customize to their likening and needs. Hyperion 8 was first revealed in April. However, some details, including which companies are supplying the 12 cameras, nine radars and one lidar that are part of the platform, weren’t revealed until Tuesday. Notably, Luminar is supplying the lidar, a potential boon for the newly public company. Continental, Hella, Sony and Valeo are also supplying sensors to Nvidia for the Hyperion 8. “The opportunity here is that as Nvidia’s system gets designed in (to production vehicles), we also ultimately get designed in,” said Luminar founder and CEO Austin Russell. Hyperion is a reference platform that allows customers, like say an automaker, to access and tweak what its needs, including the core compute and middleware as well as AI functions inside the vehicle. Hyperion 8’s availability was one of a string of automotive-related announcements made by Huang at the company’s fall GTC event. The key announcements included developments in mapping bolstered by its acquisition of DeepMap in June, a tool that can replicate realistic scenes through simulated cameras with data labeled automatically and a personal concierge product that acts as a digital assistant, provides important communication between the automated driving system and the passenger and can handle parking. Each new product announcement either fits into or complements Hyperion 8. The upshot: Nvidia aims to capture larger slices of the automated driving market, a sector that includes the suppliers and automakers developing driver assistance systems for passenger vehicles and the companies working to deploy fully autonomous vehicles such as self-driving trucks and robotaxis. Nvidia has scored a number of customers that are developing on Nvidia’s Drive Orin computer system-on-chip, including Cruise, Mercedes-Benz, TuSimple, Volvo and Zoox. Nvidia touted several more design wins during the fall GTC event, including Lotus, Chinese self-driving startup Qcraft and Weltmeister, the EV brand owned by China’s WM Motor Technology Co. “We do not expect to have a 100% market share, but we have a dominant portion of the market that’s developing on Nvidia Drive,” Danny Shapiro, vice president of automotive at Nvidia said in a briefing ahead of GTC. “And the reason that is, is because we have this entire end-to-end solution. It’s not just about one thing that goes in the car but it’s about the data center, it’s about the simulation, it’s about the vehicle and having that on the same architecture is a huge advantage.”


The Station: Nuro scoops up new investors, Rivian gets sued and ride-hailing inches toward profitability The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. The Specialty Equipment Market Association trade show, which we know as SEMA, has long been the place to go to see quirky and flashy modifications to vehicles. This year, a major shift occurred that reflects what is happening across the country. I wasn’t able to attend this year, but folks I spoke to said they have never seen so many gas-to-electric conversions of sports cars, vintage hot rods and the like. Of course, there were also automakers displaying their new electrified vehicles, including the Ford F-100 Eluminator concept truck. We care about this concept because it showcases something that Ford is actually going to sell. The automaker is selling (available online or at a local dealer through Ford Performance Parts) the Eluminator electric crate motor. The motor comes from the Mustang Mach-E GT Performance Edition and produces 281 horsepower and 317 lb.-ft. of torque. As always, you can email me at kirsten.korosec@techcrunch.com to share thoughts, criticisms, opinions or tips. You also can send a direct message to me at Twitter — @kirstenkorosec. Micromobbin’ Lime closed a $523 million round made up of convertible debt and term loan financing, the next step as the company prepares to go public next year, according to CEO Wayne Ting. The largest chunk of the round is convertible note, which means it will convert to shares when Lime goes public, something Ting says the company will do next year, but he didn’t say when or how. About $20 million of that total funding will go toward the company’s decarbonization efforts. Among many initiatives that Lime put forth in time for COP26 is the company’s goal to get 80% of its manufacturing and supply chain partners to set their own carbon emissions goals. Bird, one of Lime’s biggest competitors, went public via the old SPAC route on Friday. Shares of Bird closed basically flat at $8.40. Bird plans to use the money from the IPO to expand existing operations and launch in new cities. After Bird’s shareholders voted for the merger earlier this week, shares of the SPAC, Switchback II Corporation, sunk more than 20% before recovering. Singapore-based Neuron Mobility is updating its N3 scooters with a new OS and additional onboard sensors to help it detect and correct dangerous or inconsiderate riding. A lot of companies have come out with some form of tech angled at offering the rider assistance in not driving like a jerk (Spin, Voi, Bird, Superpedestrian and Helbiz to name a few…), but they haven’t all delivered on that promise “at scale,” whatever that means. Neuron will be trialing about 1,500 of these upgraded scooters in Australia, Canada and the U.K. over the next six months. European micromobility company Dott became one of the latest operators to integrate with Google Maps. Dott’s e-scooters and e-bikes will show up on the app in Belgium, Finland, France, Germany, Italy, Norway, Poland, Spain and the U.K. Helbiz launched a fleet of 250 e-scooters in Sacramento, California after securing a one-year permit. The U.K. and Beam launched a partnership in Australia and New Zealand to raise awareness of electric mobility in order to help reduce transport-fueled carbon emissions. They’re offering incentives in the form of ride credits to those who have yet to use a form of electric mobility. Gojek, an Indonesian mobility and on-demand platform, and Gogoro, a Taiwanese micromobility battery swapping platform company, announced a partnership to electrify two-wheel transportation in Indonesia. The two, along with Indonesian national energy company Pertamina, are starting a battery swapping and Gogoro Smartscooter pilot scheme in Jakarta. PeopleForBike and Call2Recycle have teamed up to create the first industry-wide electric bicycle battery recycling program in the United States. The hope is to unite the sector under one battery recycling solution. Deal of the week I wanted to turn your attention to an autonomous vehicle company that seems to be able to raise abundant amounts of capital and still remain under the radar. I’m talking about Nuro, the autonomous delivery company founded in 2016. The company raised $600 million in a fundraising round led by new investor Tiger Global Management. Google was another new investor in this round. The funding has pushed Nuro’s valuation to about $8.6 billion — or some 72% higher than a year ago — according to people who spoke to me on condition on anonymity. A group of mostly existing investors joined the Series D round, including Baillie Gifford, Fidelity Management & Research Company, China-based venture firm Gaorong Capital, grocery retailer Kroger, SoftBank Vision Fund 1, funds and accounts advised by T. Rowe Price Associates, Inc. and Woven Capital, a venture arm of Toyota subsidiary Woven Planet. Much of it will be spent on commercializing and scaling the production of its third-generation vehicle at a new facility in Southern Nevada. Construction on its manufacturing facility will begin in December and is expected to be completed in 2022. Other deals that got my attention … 42dot, a South Korea-based autonomous transportation-as-a-service startup, raised $88.5 million (104 billion WON) in a Series A round of funding that included participation from new investors like Shinhan Financial Group, Lotte Rental, Lotte Ventures, STIC Ventures, We Ventures, DA Value Investment and others. Autobrains, an Israeli-based company that develops AI technology for assisted and autonomous driving, raised $101 million in Series C funding round led by Temasek. Additional participants in the round include new investors Knorr-Bremse AG, VinFast and existing investor BMW and strategic partner, Continental. Breadfast, an online grocery delivery company that wants to become a regional leader in the sector, raised $26 million in Series A financing from lead investors Vostok New Ventures and Endure Capital. JAM Fund (led by Tinder co-founder Justin Mateen), YC Continuity Fund, a large unnamed Saudi-based fund, Shorooq Partners, 4DX Ventures and logistics giant Flexport also participated. Delimobil, Russian car-sharing company, decided to postpone its initial public offering due to market conditions, Reuters reported. Momenta, an autonomous vehicle developer from China, raised another $500 million that was added to its Series C round. The funding comes two months since it announced a $300 million investment from General Motors. This latest injection of capital brings the total of the startup’s Series C to over $1 billion. Opibus, a Swedish-Kenyan EV conversion company, raised $7.5 million in a pre-Series A round. The startup raised $5 million in equity and $2.5 million in grants in a round led by Silicon Valley fund At One Ventures, backed by Factor[e] Ventures and pan-African VC firm Ambo Ventures. Rivian hopes to raise up $8.4 billion in its initial public offering, according to a regulatory filing posted this past week. The Amazon-backed company said in the filing that it plans to offer 135 million shares at a price between $57 and $62. Underwriters also have an option to buy up to 20.25 million additional shares. If underwriters exercise that option, Rivian would raise as much as $9.6 billion. Based on the number of outstanding shares, that would put its market valuation at about $53 billion. If employee stock options and other restricted shares are considered, Rivian’s valuation could be as high as $60 billion. Spartan Radar, a biomimetic radar company, closed $15 million in a Series A round led by Prime Movers Lab. Additional investors include 8VC and Mac VC. The round follows a $10 million raise earlier this year. Scale AI acquired SiaSearch, a spinout of European venture studio Merantix that has built a data management platform that acts as a search engine for petabyte-scale data captured by advanced driving assistance and automated driving systems. Zepto, a new Indian-based grocery delivery startup, raised $60 million in a round led by Glade Brook Capital. Nexus, Y Combinator, Global Founders Capital, as well as angel investors Lachy Groom, Neeraj Arora and Manik Gupta also participated in the round, which values Zepto at $225 million. Policy corner Hello everyone! Welcome back to Policy Corner. Quick note from Kirsten: After the newsletter was “put to bed,” Congress passed President Biden’s infrastructure bill, mostly along party lines. Expect more details on that next week. First, let’s talk briefly about the Hertz-Tesla deal. I know, I can hear you groaning already. One of the things that Tesla played up was that Hertz is paying sticker price for the 100,000 Teslas it ordered (apparently without a contract, though that’s another story). But they likely didn’t pay full price. In fact, Turo’s VP of government relations, Lou Bertuca, told me he was 100% certain that Hertz didn’t pay sticker price, thanks to a tax loophole that allows rental car companies to avoid paying sales tax. He told me that each year states lose out on around $4 billion in taxes due to this loophole. The sales tax exemption was designed for car resellers, but car rental companies have also been able to benefit from this “sale for resale exemption.” “They’re buying something tax-free and making lots of money by renting it out,” he said. “Anytime a car rental company says they’re paying the same rate as everybody else, the only thing you need to keep in mind is they’re not paying the sales tax that everybody else is paying, whether they’re buying a Tesla or Ford.” (TechCrunch reached out to Hertz for comment.) Around five or six states are currently reconsidering this loophole, Bertuca said. Of course, Turo, a peer-to-peer marketplace for car rental, has its own dog in this fight. And it’s important to note that state and local governments can levy taxes on rental car companies that peer-to-peer rental companies (like Turo) are exempt from — here’s a good run-down on that battle. In other news, Canada said it would “respond appropriately” should the U.S. pass the proposed increase for consumer tax incentives for electric vehicles. The country’s Innovation and Industry Minister Francois-Philippe Champagne told Reuters that the proposal — which would provide an additional $4,500 for EVs made in the U.S. and in union shops and $500 for U.S.-made batteries — would run contrary to the USMCA trade agreement we have with Canada and Mexico. He joins a growing chorus of foreign auto and auto parts manufacturers, including Toyota and Honda, that are opposing the additional funds. I listened to a pretty interesting interview with Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association, who made the case that “American-made” is ultimately a nice political slogan that doesn’t accurately reflect dynamics on the ground. He noted that $9 billion worth of auto parts are exported from Michigan for assembly in Ontario — parts that would go into cars that would be excluded from the additional incentive, should it pass. “Really in our business, we operate as if there’s no border, because there hasn’t been,” he said. If you have a spare 20 minutes, I encourage you to listen to the entire interview. It definitely made me think about the automotive supply chain in a new way. — Aria Alamalhodaei A little bird Just a quick little note that I’ve been meaning to share. Remember Starsky Robotics? This was the self-driving trucks startup that shut down in March 2020 as competition and consolidation in the industry heated up. Co-founder and former CEO Stefan Seltz-Axmacher is back with a stealth startup focused on robotics and autonomy, according to his profile in LinkedIn. Next to it, he states “More info soon!” Notable news and other tidbits ADAS Tesla voluntarily recalled nearly 11,704 vehicles after identifying a software error that could cause a false forward-collision warning or unexpected activation of the automatic emergency brake system, the National Highway Traffic and Safety Administration said. Autonomous vehicles Cruise was busy this week. The company held an “Under the Hood” event that was meant, besides a recruiting activity, to lay out its technical and development road map. CTO and co-founder Kyle Vogt released a YouTube video of his driverless ride and late Friday the company filed an application for the CPUC Driverless Deployment Permit, as well as the accompanying required Passenger Safety Plan. “Cruise has hit another important milestone today as the first company to apply for the final state permit required to launch an autonomous ride-hail service in California. Our accompanying Passenger Safety Plan outlines the safety and accessibility measures passengers can expect from start to finish in our AVs —- a critical facet of our overall, holistic approach to safety at Cruise,” Prashanthi Raman, head of global government affairs at Cruise, said in an emailed statement to TechCrunch. Embark announced a partnership with Luminar to equip its truck fleet with Luminar’s long-range radar. Embark says this partnership will help the company as it tries to achieve commercial deployment and delivery of its 14,200 non-binding truck reservations in 2024. Loyola Marymount University and its dining platform have partnered with autonomous robot delivery company Kiwibot to deliver meals across the university campus. Waymo announced plans to manually drive its vehicles to map areas of New York City and then use all of that data to advance its technology. Electric vehicles Ford Motor confirmed that reservations for the all-electric F-150 Lightning pickup truck have surpassed 160,000, less than six months after its debut. But remember, refundable $100 pre-orders are not the same as purchases! Let’s see how many take the leap this coming spring. Lucid Group has spent the last week delivering its Air electric vehicle to customers. The company also opened up its 11th store (it calls them “studios) in Washington, DC. Nikola Corp., the electric truck developer, is in talks with the U.S. Securities Exchange Commission to pay a $125 million civil penalty as part of an ongoing probe by the regulator into whether the company mislead investors. Rivian, the electric automaker that recently filed for an IPO, was sued by a former sales and marketing vice president for alleged gender discrimination. The lawsuit alleges that Laura Schwab, a former sales and marketing executive who had a long employment history with Jaguar Land Rover and Aston Martin before joining Rivian in November 2020, was fired after reporting gender discrimination to the company’s human resources department. In-car tech and sensors BMW is going to ship some models without touchscreen functionality because of the global chip shortage, according to BMW enthusiast forum Bimmerfest. The infotainment system will still work, but BMW has removed touch functionality from the central display. Kneron launched its first automotive-grade chip — fueled by funds from Foxconn, Alibaba, Sequoia, Horizons Ventures and Qualcomm — that it says could revolutionize the path to vehicle autonomy. Velodyne Lidar named Theodore Tewksbury as its new CEO, the most recent in a string of changes to Velodyne’s C-suite since the beginning of this year. Tewksbury was the CEO of Eta Compute, a company that develops edge vision sensors. As you might recall, the company has been without a CEO for several months, after Velodyne announced the departure of Anand Gopalan in July. Ride-hailing Uber and Lyft posted earnings this week. Lyft kicked things off with news that it reached adjusted profitability as riders returned to the U.S. ride-hailing company’s service. Lyft reported revenues of $864.4 million in the third quarter, a 73% pop from the $499.7 million in the same year-ago period. Meanwhile, Uber squeaked out $8 million worth of adjusted EBITDA — a very modified profit metric — while still posting net losses of more than $2 billion. Uber’s gross bookings (or the value of all goods and services that flowed through its platform) totaled $23.1 billion, up 57% on a year-over-year basis. That figure translated to revenues of $4.8 billion, up 72% compared to the year-ago quarter. To be clear, while adjusted EBITDA is one metric of profitability it’s not the grown-up GAAP profitability. Still, it’s a noteworthy milestone for these businesses.


The earnings season is typically about top and bottom lines: revenue, income and that EBITDA acronym that looks at income as a percentage of sales. But there’s more. We looked for insights from a few transcripts of Q3 analyst calls. Also, there is another industry shortage as acute as the much-publicized paucity of truck drivers. Future fuel injection? Cummins Inc. hasn’t said much about its plans to make a hydrogen-fueled internal combustion engine. But we know a little more following this week’s call. J.P. Morgan analyst Ann Duignan quizzed Cummins CEO Tom Linebarger and Jennifer Rumsey, president and COO, about using the recently announced 15-liter natural gas-powered internal combustion engine coming in 2024 as the basis for the hydrogen ICE. Why not just skip the expense of developing hydrogen-powered fuel cells, Duignan asked. Hydrogen combustion is a good answer, Linebarger said. It’s just less efficient than a fuel cell.The efficiency increase would matter for long-haul, where the cost of fuel is a big factor. Hydrogen ICE is probably better suited to shorter ranges or vocational trucks. “Our view is there’s a place for both, but if you want to think what’s going to really drive the transportation economy 20 years — [or] 15 years from now — you’re going to need the efficiency that a fuel cell, especially with an electric system, is going to provide,” Linebarger said. Rumsey cast hydrogen ICE as a bridge to fuel cells. And other drop-in fuels could work, too. Cummins sees running hydrogen in an internal combustion engine as feasible. (Photo: Cummins) “Of course, the calibration and control of the engine is different based on the fuel, but we’re able to leverage some of that manufacturing and engineering investment in a common platform,” Rumsey said. Regardless of which approach is pursued, there is still the matter of producing or acquiring CO2-neutral green hydrogen as fuel. Cummins (NYSE: CMI) has multiple efforts in hydrogen production, and it is sticking by its forecast of booking $400 million in revenue from hydrogen fuel in 2025. Maybe more, Cummins New Power President Amy Davis told me recently. Slow your (autonomous) roll Paccar Inc. sees great potential for Class 8 autonomous trucks. In fact, the majority of test units across the handful of self-driving trucking startups are Peterbilt 579 models. Paccar is financially invested in the newly public Aurora Innovation. It is part of a commercial line-haul pilot of autonomous vehicles with FedEx in Texas. The Paccar (NASDAQ: PCAR) trucks are operating autonomously with a backup driver for safety covering a 500-mile route between Dallas and Houston. So, why did CEO Preston Feight seem a bit hesitant when asked about the ramp of driverless trucks by Steve Fisher of UBS during Paccar’s earnings call Oct. 26? “I think that making a prediction for how quick that market is going to develop is going to depend on how robust the technology becomes, and that’s what we’re learning about right now,” Feight said. “So, I think we should be patient to see how quickly it develops and when it’s really ready to scale.” Aurora Innovation lines up Peterbilt autonomous trucks. (Photo: Aurora Innovation) Joel Tiss of BMO Capital Markets pressed Feight for more. “The technology is incredibly involved. And so if you think about the edge cases that exist, that’s what’s being sorted out right now,” Feight said. “Most of the operation can be done running down the highway. But now it’s about the edge cases. We’re working through those.” Asked by Tiss about profit margins over the next three to five years from electric and autonomous vehicles, Feight brightened. “I absolutely believe that the new products, the autonomy, connected [vehicles], the electrification, those efforts that we have will drive our margins to very, very high levels. And there [are] other opportunities incremental to that. So, the future looks very good.” Hydrogen production tax credits Like any clean energy company, Nikola Corp. (NASDAQ: NKLA) is watching carefully what happens with the $1.75 trillion budget reconciliation bill in Congress. The electric truck startup has a growing list of investments in producing and distributing hydrogen for its fuel cell Class 8 trucks scheduled for production in 2023. If the 10-year hydrogen production tax credit survives, it could lower the production cost of the H2 at qualified clean hydrogen production facilities. And the spiff is significant, calling for as much as a $3-per-kilogram base rate multiplied by the percentage reduction in life cycle greenhouse gas emissions compared to steam methane reforming. “The H2 production tax credits could be substantial for Nikola,” CEO Mark Russell told analysts. “It would lower our cost of hydrogen production, and we anticipate it could create significant shareholder value.” Who’s going to fix these trucks? The oft-discussed driver shortage is accompanied by a similar dearth of technicians for both today’s diesel and tomorrow’s electric trucks. Kenworth this week launched an EV technician training and certification program to help get its dealerships ready to service a growing number of electric trucks beyond the dozens already ordered. Initial certification follows online and classroom completion of a seven-course curriculum. Courses run from two to four days. Technicians are selected by Kenworth dealer service managers, typically based on the technician’s track record and growth potential. The manufacturer is requiring two trained EV techs per dealership, which pays for the training. There is no upper limit. Startup last-mile delivery van maker Arrival on Friday took a different take on the training issue, announcing a service network program that will use the company’s digital service platform to train and certify any technician to service its vehicles. The service platform uses the data from Arrival’s (NASDAQ: ARVL) vehicles and proprietary algorithms to enable existing service providers to repair and maintain its electric vans and buses. An Arrival van can be repaired in a digital service network. (Photo: Arrival) The yawning gap in techs makes any approach worth considering. In its 2021 Transportation Technician Supply & Demand Report, the TechForce Foundation found that demand for automotive technicians nearly doubled in the past year — from 136,503 in 2020 to 258,000 in 2021. Current demand is 5:1, up from 3:1 in 2020. The foundation does not break out heavy-duty demand numbers. Best of the rest Freightliner Custom Chassis Corp. is joining the Daimler Trucks North America electric truck parade. FCCC is introducing the MT50e, an all-electric Class 5 walk-in van for last-mile delivery. … Navistar has opened five more of its all-makes Fleetrite truck parts locations, bringing the total of retail locations to 16 in the U.S. and Canada. … Mack Trucks has hired David Galbraith, former Volkswagen of America director of experience and brand partnership marketing, as its vice president of global brand and marketing. Finally, two nuggets from autonomous driving startup Embark Trucks, which is expected to complete its SPAC business combination with Northern Genesis Acquisition Corp. next week. First, it revealed DHL Supply Chain, the North American contract logistics operation within Deutsche Post, as being among its 14,200 nonbinding reservations for the Embark Universal Interface autonomous software. The delivery service joins UPS, which works with TuSimple, and FedEx, which is testing with Aurora (above item) in merging logistics with autonomy. Also, Embark joined the growing list of customers for Luminar’s long-range light detecting and ranging (lidar) software. That’s it for this week. Thanks for reading. Click here to receive Truck Talk via email on Fridays. Alan


SAN FRANCISCO--(BUSINESS WIRE)--Embark Trucks, Inc. (“Embark”), a leading developer of autonomous software for the trucking industry, and Luminar Technologies, Inc. (“Luminar”) (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced a novel partnership to equip Embark’s truck fleet with Luminar’s long-range lidar. This partnership gives Embark and its carrier partners access to Luminar’s cutting edge automotive-grade long-range lidar sensors as the company progresses towards commercial deployment and delivery of its 14,200 non-binding truck reservations in 2024. Embark is pursuing an asset-light go-to-market approach – focusing on delivering the best software for autonomous trucking – and works with partners like Luminar to utilize the best hardware for autonomous trucks. Luminar’s sensor offering stood out from the beginning due to its industry-leading performance, scalability, and automotive-grade capabilities. Data collected from the partnership will improve the Embark Driver’s perception range and perception capabilities, leading to a safer autonomous solution that can be integrated into all four major truck OEMs via the Embark Universal Interface (EUI). “ We’ve spent over three years working with Luminar to leverage best-in-class sensor tech to power the Embark Driver,” said Alex Rodrigues, CEO of Embark. “ Today, we’re deepening our partnership with Luminar and ensuring that our fleet partners will have access to a safer, more performant system when we deploy our technology commercially beginning in 2024.” “ Embark has been the longstanding independent leader in autonomous trucking, and we’re excited to help them and their customers on their transition towards commercial deployment with this partnership,” said Austin Russell, Founder and CEO of Luminar. “ We continue to see increasing near-term market opportunity for autonomous trucking, and are leveraging our work in the high-volume consumer vehicle space to move full speed ahead into commercial vehicles.” For a deeper look at Embark’s advanced perception capabilities using Luminar lidar, read Embark’s technical blog post here. This partnership with Luminar comes as Embark continues to deliver on its commercialization timeline. Since announcing a definitive business combination agreement with Northern Genesis Acquisition Corp. II (NYSE: NGAB) in June that is anticipated to result in Embark becoming a publicly listed company, Embark has added members to Partner Development Program, expanded its transfer point network, refined transfer point operations, worked closely with Tier 1 suppliers on the scaling of the Embark Universal Interface, and secured 14,200 non-binding reservations for its autonomous trucks. Embark anticipates that the shareholder vote on its merger with Northern Genesis Acquisition Corp. II (NYSE: NGAB) (“Northern Genesis 2”) will conclude on November 9, 2021. For more information, visit investors.embarktrucks.com. About Embark Trucks ​​Embark is an autonomous vehicle company building the software powering autonomous trucks, focused on improving the safety, efficiency, and sustainability of the nearly $700 billion a year trucking market. Headquartered in San Francisco, CA since its founding in 2016, Embark is America’s longest-running self-driving truck program. The company partners with some of the largest shippers and carriers in the nation, collectively representing over 35,000 trucks. Embark’s mission is to realize a world where consumers pay less for the things they need, drivers stay close to the homes they cherish, and roads are safer for the people we love. To learn more about Embark, visit embarktrucks.com. About Luminar Luminar Technologies, Inc. (Nasdaq: LAZR) is transforming automotive safety and autonomy by delivering lidar and associated software that meets the industry’s stringent performance, safety, and economic requirements. Luminar has rapidly gained over 50 industry partners, including the majority of the global automotive OEMs. In 2020, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, which now expects to make Luminar’s technology part of the standard safety package on their next generation electric SUV. Additional customer wins include SAIC, Daimler Truck AG, Intel’s Mobileye, Pony.ai and Airbus UpNext. Founded in 2012, Luminar employs approximately 400 with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich. For more information please visit www.luminartech.com. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Embark’s and Northern Genesis 2’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Embark’s and Northern Genesis 2’s expectations with respect to future performance. These forward-looking statements also involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. S. Securities and Exchange Commission (the “SEC”), including those discussed in Northern Genesis 2’s Annual Report Form 10-K for the fiscal year ended December 31, 2020 (“Form 10-K”) and Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 and in the registration statement on Form S-4 and definitive proxy statement/prospectus and other documents filed by Northern Genesis 2 from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Embark and Northern Genesis 2 caution that the foregoing list of factors is not exhaustive and not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. Embark and Northern Genesis 2 undertake no obligation to and accepts no obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Additional Information About the Proposed Transactions and Where to Find It The proposed transactions will be submitted to stockholders of Northern Genesis 2 for their consideration. Northern Genesis 2 has filed a registration statement on Form S-4 (the “Registration Statement”) with the SEC which includes a proxy statement to be distributed to Northern Genesis 2’s stockholders in connection with Northern Genesis 2’s solicitation for proxies for the vote by Northern Genesis 2’s stockholders in connection with the proposed transactions and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Embark’s shareholders in connection with the completion of the proposed merger. The Registration Statement has been declared effective, and Northern Genesis 2 will mail a definitive proxy statement and other relevant documents to its stockholders as of the record date established for voting on the proposed transactions. Northern Genesis 2’s stockholders and other interested persons are advised to read the definitive proxy statement/prospectus and any amendments thereto, in connection with Northern Genesis 2’s solicitation of proxies for its special meeting of stockholders to be held to approve, among other things, the proposed business combination, because these documents will contain important information about Northern Genesis 2, Embark and the proposed business combination. Stockholders may also obtain a copy of the definitive proxy statement, as well as other documents filed with the SEC regarding the proposed transactions and other documents filed with the SEC by Northern Genesis 2, without charge, at the SEC’s website located at www.sec.gov or by directing a request to Northern Genesis 2. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. Participants in the Solicitation Northern Genesis 2, Embark and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from Northern Genesis 2’s stockholders in connection with the proposed transactions. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Northern Genesis 2’s stockholders in connection with the proposed transactions are set forth in Northern Genesis 2’s proxy statement/prospectus filed with the SEC. You can find more information about Northern Genesis 2’s directors and executive officers in Northern Genesis 2’s Form 10-K and Forms 10-Q filed with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests are included in the proxy statement/prospectus. Stockholders, potential investors and other interested persons should read the proxy statement/prospectus carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above. No Offer or Solicitation This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.


On Monday, we saw a chunky 5% surge for Ford F as its little pal Rivian gets ready to IPO at a valuation bigger than Honda's. Then Tuesday, the "heritage" automaker went back to its roots with an old-school concept truck to demonstrate a powerful new EV customization vision. Here was part of the PR reveal... LAS VEGAS, Nov. 2, 2021 – Ford today previews the future of electrified custom vehicles with the reveal of the all-electric F-100 Eluminator concept – a zero-tailpipe-emissions demonstration truck powered by the all-new Ford Performance Parts Eluminator electric crate motor that customers can now buy online. Based on a heritage 1978 F-100 pickup, the F-100 Eluminator concept features all-wheel drive via two powerful electric motors shared with the 2021 Mustang Mach-E GT Performance Edition. Two electric traction motors drive the front and rear wheels, packing a powerful 480 horsepower and 634 lb.-ft. of torque. Eluminator, the first e-crate motor from Ford Performance Parts, is based on the Mustang Mach-E GT’s traction motor. “Ford owners have personalized, customized and enhanced their vehicles since the beginning – from changing looks to bringing the power,” said Eric Cin, global director, Vehicle Personalization, Accessories and Licensing. “Our F-100 Eluminator concept is a preview of how we’re supporting customers as they go all-electric and embrace zero-tailpipe emissions performance, even for our heritage vehicles.” (end of PR excerpt) If you don't remember the F-100, it's that cute little pickup from the 70s. It might be a welcome "truck" ride for some who don't care for today's big tanks that you need a step-ladder to climb into. Now it's just a concept at this point, with Ford's immediate plan only to offer the electric crate motors to custom propulsion enthusiasts for $3,900. But, who knows how much interest this could spark and ignite the company to put the F-100 Eluminator into production! Ford Shares Get Lit Above the $18 Double-Top After a solid earnings report last week and great-looking EV sales data today, Ford shares are cruising above my second target of $18. Ford today said it sold 14,062 electric vehicles, up 195% from a year ago, adding that its E-Transit has sold out, while its F-150 Lightning has more than 160,000 reservations. My first target when I was telling everybody and their mother to buy under $14 was the June high near $16.50. Why was I so enthusiastic? Because I still believe what I wrote in July about this new "intelligent and connected" work-truck platform that will gain mass appeal... The F-150 Lightning Will Crush the Tesla Cybertruck In the video that accompanies today's article, I show the Ford chart eclipsing that 2013-2014 double-top just above $18. All I can say now is "$20+ here we come!" I also show some other expert voices in the automotive and EV spaces to help you make your own decisions about whether to be a Tesla TSLA investor or a Ford investor, and whether to buy a Cyberthingy or an F-150 Lightning. Or maybe you'd prefer a much smaller innovator in the ADAS LIDAR space. Luminar LAZR also had a big Monday with a +6% rally on strong volume. I could find no news or analyst actions, other than the automotive zeal going on with Tesla, Rivian and Ford. Luminar makes LIDAR systems for just Volvo currently. The company reports its September quarter on 11/11 and they recently they made two key hires from big-cap technology companies with international reputations, Arm Holdings and PACCAR. Call With Cooker If you came here from the YouTube link, I have your code/instructions to enter the "Call with Cooker" drawing: #TechSuperCycle Just go to Twitter and do the following... 1. Follow me @KevinBCook 2. Like and ReTweet my pinned Tweet with the NVIDIA graphic Speaking of NVIDIA NVDA, the brains behind many ADAS (advanced driver assistance systems), I recently profiled their key partner in chip design, Cadence Design Systems CDNS. In this video, I show a clip of Jensen Huang explaining why they use amazing semiconductor CAD/CAM like this to get deeper into the nanosphere architectures under 10nm. See you on Twitter and let's see if you're the next guest on a Call with Cooker! Disclosure: I own shares of NVDA, LAZR, and F for the Zacks TAZR Trader portfolio. - Zacks Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Cadence Design Systems, Inc. (CDNS): Free Stock Analysis Report Luminar Technologies, Inc. (LAZR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research


Photoshop has been given a generous set of upgrades during the Adobe Max 2021 conference – and the big news is that Adobe is bringing its photo-editing beast to web browsers with the beta launch of Photoshop on Web. This isn't the first time Adobe has launched an online version of Photoshop, with the now-defunct Photoshop Express web app a previous option for amateur photographers. Adobe Spark also offers some Photoshop-style tools. But Photoshop on Web sees Adobe finally bring its big guns to Edge and Chrome with an (albeit basic) online version of full-fat Photoshop. So what exactly does Photoshop on Web do? Right now, it's designed more for remote teams looking to collaborate on Photoshop files, rather than as a Photopea-killer. Features-wise, it’s closer to Photoshop for iPad than it is to the full desktop version. This means you'll be doing relatively basic jobs – selecting elements of an image (including the quick selection brush), working with layers and adjustment layers, and a basic bit of cloning and healing. You’ll also find a few brushes, plus dodging, burning, cropping and text tools. You won’t get the full range of filters that you do on desktop Photoshop, though. And while there is layer support, it doesn’t look like there's support for different blending modes, variable opacity on layers, and so on – layers can be turned on and off, and that’s it (so far). (Image credit: Adobe) Still, many of the keyboard shortcuts that will have become second nature to most Photoshoppers have made the transition here. For example, you can tap the square bracket key to change your brush size, or zoom in and out of an image with CMD-/+. It's also much easier to remotely rough-in edits to an image, and this is the real benefit of bringing Photoshop to the web browser. For example, if a work-in-progress needs an annotation, or a designer wants to illustrate what they want to happen to a file without doing it themselves or laboriously typing out an email, Photoshop on Web will let them make a start before saving it back to the cloud. From there, it can be worked up with all the bells and whistles of Photoshop Proper (which is our unofficial name for the desktop version). So what other treats has Adobe Max brought to Photoshop? Here are the four other most interesting announcements, followed by our thoughts on Photoshop on Web. The appeal of Photoshop on Web doesn’t stop at making illustrative edits – Adobe has also built a really useful-looking comment and annotation system that works across its web and desktop versions. This year Adobe bought video delivery platform Frame.io, whose stock-in-trade is making the annotation of video or image files easy. This allows clients to comment on or tweak pieces of work, saving on the endless, exponentially-growing email chains that digital creators know and hate. Now, comments can be made both in the full version of Photoshop, as well as in Photoshop on Web. (Image credit: Adobe) There’s even a tool-free version, where you can share a cloud document and have it presented in a web browser with nothing but a comments and annotations panel, allowing non-creative types to offer their thoughts. This is a critical inclusion in terms of feedback tools. Allowing product managers to run amok over carefully-created pieces of creative, even with Photoshop on Web’s relatively paltry set of tools, is asking for disaster, so the feedback-only view is useful. Comments then live with the files they’re appended to, showing up in Photoshop on the desktop as well as Photoshop Web. An end to filenames like 'FinalAdvert_Final_V2_FINAL_FINAL_V5.PSD'? We can only hope. 2. Color Harmonization The desktop version of Photoshop continues to go from strength to freakish strength, and this year’s iteration brings with it a striking new selection of tools. These range from professional essentials to tools that are designed to take the fight to (or at least meet the challenge from) photo-editing upstarts such as Luminar AI. (Image credit: Adobe) Photoshop’s 'neural filters' have had an impressive fillip. Neural filters are Adobe’s machine learning tools, which use its Sensei AI technology to intelligently edit images. The new Harmonization tool, for example, allows you to composite one image on top of another, and then grade the composited element intelligently, effectively giving it the same lighting as its background. Think dropping a head-and-shoulders portrait shot in a studio onto a bucolic background – Harmonization will make it look more life-like. Along similar lines is the Landscape Mixer, which lets you intelligently color-grade a landscape image. So if you’ve got a shot you took in boring light, you can give it life using sliders – we’re not kidding – with names like 'Sunset', 'Spring', 'Summer' and so on, adapting the lighting on both your landscape and your subject, if there is one. 3. Auto-masking For pros, there are a few useful Photoshop additions, too. Perhaps the single most impressive of these is the new auto-mask feature. Select the relevant tool, mouseover a subject you want to cutout and, bam, your subject is instantly highlighted. (Image credit: Adobe) It looks impressive, although we would note that this is more of an aesthetic improvement to the already-good Object Selection Tool. From Adobe’s demos, it doesn’t look like it makes a faster or more accurate selection, but it’s a good way of seeing how good a job the object selection tool is about to do. Given the impressiveness of Photoshop’s auto-mask feature, as well as the power you can wield in its Select and Mask dialogue box, it’s not surprising there are no massive strides here, but the intelligence behind being able to mouseover an image and have Photoshop discern exactly which bits of the image are the subject is really impressive. 4. Depth blur Elsewhere, Photoshop's neural filters received another boost from the new Depth Blur tool. We think phone photographers will love this. Most phone images have an ultra-deep depth of field – that is, everything in the image is sharp from front to back – but this tool could offer bit more control than the offerings available in the iPhone’s admittedly impressive Portrait mode. (Image credit: Adobe) The Depth Blur tool opens a dialogue box allowing you to adjust a good range of variables that will make your image appear to have tighter depth of field than it did when you shot it. You can adjust the focal distance of your now-virtual lens, as well as the overall strength of the effect, plus tone and color tools such as color temperature, tint, and saturation. We’ve been impressed by the plausibility of many of Photoshop’s neural filters in the past, so we’re feeling fairly optimistic about this once. As ever, the style of image, and how carefully and subtly you apply the filter will probably make all the difference in terms of how realistic the final image looks. Analysis: Why the wait for Photoshop on Web? Photoshop on Web looks a useful new tool for remote creative teams, but why has it taken Adobe so long? We've seen the Photoshop Express web app and Adobe Spark for amateurs, but nothing like this for pros. In some ways, it's no surprise we've been kept waiting – Adobe knows that any product bearing the Photoshop name will need to meet the lofty standards of its industry-standard per-pixel editor. There’s no point, for example, launching a browser-version of Photoshop that produces files that are anything less than fully compatible with the version residing on your desktop. Or the other version residing on your iPad. In other words, it’s complicated, but we're glad to see Photoshop on Web arrive. Given that Photoshop is a subscription product, the question of whether or not existing users should upgrade is a moot one – these changes are coming whether you’ll use them or not. A more pertinent question is whether users who are currently using Photoshop Express or eyeing up products such as Luminar AI, should now take the Creative Cloud plunge. Until we get our hands on the latest upgrades, it’s difficult to be totally certain, but as ever, Adobe is providing both imaging amateurs and professionals alike with plenty of food for thought.


Over the course of the last few years, Adobe has gone all-in on AI. At its MAX conference this year, that’s once again on full display across updates for virtually all of its products, powered by its Sensei AI platform. Those range from smarter masking tools and preset recommendations in Lightroom to the ability to transfer colors between images in Photoshop, all the way to a body tracker in Character Animator. If you’ve ever worked with Photoshop, you know the pain of trying to precisely select an object in order to then manipulate it. Using the “magic wand,” after all, often felt anything but magical. Last year, Adobe added the object selection tool, which uses AI to help you with that. Now, with the latest update, Adobe is also introducing auto-masking, which takes this one step further by automatically recognizing the different objects in an image. Adobe is quite open about the fact that it won’t detect everything just yet, but the company also notes that this feature will improve over time. Similarly, last year, Adobe introduced what it calls “neural filters.” These added the ability to colorize an old black and white image, improve portraits, add depth blur or zoom into an image, with the neural network automatically trying to recreate all of the details. This year, it is introdu0cing a feature called “landscape mixer.” By moving a few sliders, you can make your photo look like it was taken in the fall or winter, for example, either using a set of presets or by creating your own custom ones. Say there’s a bit of a drab foreground but you want a green image; find yourself an image with a verdant green landscape to transfer that style and you’re good to go. Also, depth blur, which was previously available, now lets you change your focal distance after the fact, which looks quite a bit more professional than the previous filter, which mostly focused on blurring everything around an object in an image. Meanwhile, in Lightroom, photo editors can now use a new feature to automatically select the sky (and invert that to select everything else, too). Also new in Lightroom, though not AI-related, is a new Remix tab in the Discover section that allows photographers to share their work and lets others see the edits they made — and maybe make some changes to it. For videographers, Adobe is adding a new AI feature to Premiere Pro that can automatically adjust the length of a music clip to the length of a video sequence. First introduced in Adobe Audition, the audio editor in the Creative Cloud suite, this new feature (somewhat confusingly also called “Remix”), makes sure that you don’t just fade out in the middle of a song when a sequence is over. It automatically cuts the audio so the end of the song is still there at the end of the sequence when you shorten a music clip. Among some of the other updates to Creative Cloud are Creative Cloud Web, a new hub to access, organize and share files and libraries on the web. It’s still a private beta and will only be available in Fresco, Illustrator, XD and Photoshop. It’ll feature a real-time collaboration space where teams can add text, stickers and images to assets. It’s worth noting that this isn’t Photoshop or XD on the web. It’s merely a place to discuss projects and assets. But don’t despair, because Photoshop and Illustrator on the web are also getting support for some basic editing tools in the browser. As usual, there are also a slew of other updates to all of the Creative Cloud tools. What’s clear, though, is that Adobe is betting big on AI to make life easier for creative professionals and hobbyists. In some respects, it is catching up to competitors like Skylum’s Luminar AI, which have made AI the central focus of their applications. Adobe’s advantage is the breadth of its feature set, though, which is going to be hard to replicate for any newcomer.


Self-driving race cars make history in Indianapolis By Thomas URBAIN Indianapolis (AFP) Oct 24, 2021 The winner was not a driver but an algorithm on Saturday at the Indianapolis Motor Speedway, where the top car clocked an average speed of 218 km/h (135 mph), ushering autonomous vehicles into a new era. Setting the record pace over two laps, a team from the Technical University of Munich (TUM) won a $1 million prize in the first Indy Autonomous Challenge, an event dedicated to self-driving cars. Their car beat EuroRacing, another European team who fell to a coding mistake by one of their student engineers despite securing the fastest lap time ever recorded for an autonomous car, at 139 miles per hour (223 km/h). EuroRacing's Dallara IL-15 had been programmed to run five laps instead of the six scheduled for every competitor and therefore slowed down during its final drive around the oval, bringing down the average speed. "I have a bitter taste in my mouth," said Marko Bertogna, professor at the University of Modena and Reggio Emilia in Italy and EuroRacing team head. A third European team also had a shot at victory but GPS trackers for PoliMOVE shut down during the race, which made their car "totally blind", according to Sergio Matteo Savaresi, professor at the Polytechnic University of Milan and team manager. Each autonomous car relies on sensors, cameras, radar, but above all GPS, without which no controlled motion is possible, to the point that some have two onboard. - 'Part of history' - The Dallara IL-15, used by every team, resembles a Formula One car but is smaller and comes with a price tag of $230,000. However, the technology on board makes each car worth more than $1 million, according to event organizers. Among the tech installed in the vehicles are sensors supplied by industry trailblazer Luminar that can map out surfaces from 250 meters away. The TUM team's average speed of 218 km/h "is not far away from what human drivers do" with the same car, said Alexander Wischnewski, a member of the winning team. Considering the cool, wet weather in Indianapolis on Saturday, with no proper warm-up time for tires, "I'm really proud of what we showed today," Wischnewski said. "Nobody knew that these (self-driving cars) could go so fast in competition," added Stefano dePonti, Dallara USA's CEO, who said he had witnessed "a part of history." Bertogna said he believed the autonomous Dallara could reach 280 km/h, "but with these conditions, it was impossible." For two years, the nine competing college student teams had been preparing for an event in which all the cars would race at the same time side by side. But organizers had a last-minute change of heart and decided to go for a time trial competition instead, with the cars taking turns on the track. However, a side session took place a few days earlier on another Indianapolis track, Lucas Oil Raceway, during which TUM, PoliMOVE and EuroRacing all had their Dallaras running simultaneously, and even overtaking each other. Talk is now rife about a proper multi-car autonomous race involving the same cars at Las Vegas tech show CES scheduled for early January, but the rematch has yet to be confirmed. The commercial autonomous vehicle industry has been following the Indianapolis race closely, with contributions to the event topping $120 million. Many of the teams plan to publish some or all of the algorithms used to run the cars for use in the wider sector. Saturday's event was also enjoyed by a handful of fans, whom the organizers capped at a low number. Patti Aarons, 59, said she had been visiting the Motor Speedway for more than 50 years but was ecstatic about the self-driving race. "It just gets my blood pumping. I love it," Aarons said. Related Links Car Technology at SpaceMart.com Thanks for being there; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution. SpaceDaily Monthly Supporter $5+ Billed Monthly Option 1 : $5.00 USD - monthly Option 2 : $10.00 USD - monthly Option 3 : $15.00 USD - monthly Option 4 : $20.00 USD - monthly Option 5 : $25.00 USD - monthly Option 6 : $50.00 USD - monthly Option 7 : $100.00 USD - monthly paypal only SpaceDaily Contributor $5 Billed Once credit card or paypal Los Angeles CA (SPX) Oct 21, 2021

Источник: https://www.linknovate.com/affiliation/luminar-6226805/all/
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The Luminar Media Group has extensive knowledge and experience in the media, marketing and entertainment industries. Our company was started by entrepreneurs that have a vision to identify new tools to communicate with the audience. Our presence is a natural response to a new way of working in a changing landscape. At Luminar, we embrace the challenge of the constantly evolving business landscape and our determined culture will develop solutions that evolve with the changing business paradigm.

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Polestar, a Sweden-based manufacturer of electric vehicles which is backed by Volvo Car AB and China’s Zhejiang Geely Holding Group, is slated to go public next year by merging with the SPAC Gores Guggenheim (NASDAQ:GGPI). While Gores Guggenheim shares – which serve as a proxy for Polestar in the pre-merger phase – remained relatively subdued since the announcement of a formal merger DA between the two entities back in September, the stock has started garnering increased attention recently. In fact, over the past weekend, GGPI was ranked as the most popular stock on Stocktwits. Lucid Group (LCID) Just Reported Its First Earnings as a Public Company [Updated] Polestar’s sizable production, smart partnerships, growing tech footprint, and a crazy-low valuation are some of the factors behind this newfound popularity. Let’s delve deeper. In an Era of Pre-revenue EV Companies Tapping the Equity Market, Polestar Is a Breath of Fresh Air With a Sizable Production Footprint Polestar is currently retailing two cars: the hybrid Polestar 1 that costs over $155,000, and the all-electric Polestar 2 that starts retailing at around $50,000 - $60,000 and boasts of a range of around 335 miles (540 km). By the end of 2021, the company expects to record an annual sales volume of 29,000 units for these two models. Additionally, the company plans to launch the Polestar 3 and Polestar 4 SUVs in 2023. In 2024, the EV manufacturer plans to introduce its Tesla Model S competitor, dubbed the Polestar 5 or the Precept. The company is currently working on four manufacturing sites in China with a cumulative production capacity of 570,750 units per year. Moreover, it also has a factory in Charleston that boasts of 150K units per year manufacturing capacity. This brings the company’s total capacity to 720,750 units per year. By 2024, Polestar will also add a capacity of 30K units per year for the Polestar Precept in Chongqing, China. Polestar Is Leveraging the Tech Capabilities of Its Partners To Deliver Cutting-edge ADAS and Battery Improvements Polestar’s powertrain consists of the ground-breaking 450-kW P10 rear motor. When combined with a front motor, the powertrain is capable of an output of 650kW. The powertrain also supports two types of battery packs: 800V and 400V architecture. Bear in mind that a high-volt architecture allows for fast charging. In fact, Polestar’s 103 kWh battery pack is capable of charging to 80 percent capacity in 20 minutes. Additionally, Polestar’s parent Volvo is now establishing a joint venture (JV) with Sweden’s Northvolt to develop next-gen batteries for EVs. The JV will establish a new gigafactory with a capacity of 50 GWh per year. Bear in mind that Northvolt recently acquired the US battery company Cuberg. This acquisition is intended to pave the way for Northvolt’s stated ambitions to produce a lithium-metal battery with energy densities that exceed 1,000 watt-hours per liter by 2025. As far as the Advanced Driver-Assistance System (ADAS) capabilities of Polestar EVs are concerned, the company has established partnerships with the LiDAR provider Luminar and Waymo, a leader in self-driving technology. Consequently, the Polestar 3 will start supporting an unsupervised highway driving pilot in 2022, with commercial offerings Avast Free Antivirus Crack Download - Crack Key For U for 2024. The Company’s EVs Are a Comprehensive Package at a Very Attractive Valuation As stated earlier, Polestar is already generating significant revenue. In fact, its top-line figure for 2021 is expected to end up at around $1.6 billion. This is light-years ahead of some of the other high-flying EV names that have gone public recently, including Lucid Group (NASDAQ:LCID) and Rivian (NASDAQ:RIVN). Apple Car Concept Based on Company’s Patents Resemble Tesla’s Cybertruck Moreover, by 2025, Polestar expects to earn $17.8 billion in revenue and start generating positive free cash flow (sourced from the company's investor presentation). Based on GGPI’s closing price on Friday, Polestar currently has a pro forma market capitalization of $25.504 billion. On the basis of 29,000 units that the company expects to sell by the end of this year, the market is valuing Polestar at just $879,448 per unit. For comparison, Tesla (NASDAQ:TSLA) is currently valued at $1.22 million for each unit expected to be delivered in 2021, based on a market cap of $1.02 trillion and 836,000 projected deliveries for 2021 (627,000 units delivered so far plus an average of 209,000 units assumed for Q4). Additionally, Rivian is currently valued at a whopping $110.83 million per unit, based on the current market cap of $110.83 billion and 1,000 units that the company is expected to sell by the end of 2021. It is hardly surprising, therefore, that we believe Polestar to be a no-brainer proposition for investors looking for EV exposure at low-cost, cheap valuations.


The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it grammarly for word - Crack Key For U weekend in your inbox. Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before we jump in, I wanted to note that the National Highway Traffic Safety Administration posted what appears to be the first crash involving a Tesla that had the FSD beta software engaged. As always, Tesla vehicles equipped with full self-driving (FSD) software are not self-driving. What does this mean? Well, my expectation is that there will be more incidents like this and as a result NHTSA will be forced to act. I’ll be out in Los Angeles this coming week for a number of events, including CoMotion and the Los Angeles Auto Show. Stay tuned for our coverage throughout the week. OK, let’s go! As always, you can email me at kirsten.korosec@techcrunch.com to share thoughts, criticisms, opinions or tips. You also can send a direct message to me at Twitter — @kirstenkorosec. Micromobbin’ Wheels, the shared micromobility operator with distinctive sit-down scooters, has partnered with UMass Boston, and soon, with the Massachusetts Bay Transportation Authority. Free Now, the mobility app backed by BMW and Daimler, has officially integrated with Dott, allowing customers to book Dott’s e-scooters on the app, and eventually, its e-bikes, too. The partnership will be available in the U.K., France, Italy, Poland and Germany, with more countries expected to follow. Bird riders surveyed in Atlanta show that nearly half of all riders identify as female, which is a promising stat if we’re trying to close the gender gap in the micromobility world. In the same survey, 65% of respondents said protected bike lanes would encourage them to use more scooters. In other Bird news, the company is launching its public bikeshare integration with MoGo in Detroit, a docked bikeshare service. Bird will now feature MoGo bikes in its app. Tier is bringing 500 e-bikes to the London Borough of Islington, boosting green transport options following the Ultra Low Emissions Zone expansion. The company has also just added 10 new all-electric MAN eTGE vans in London. The vans will be used to service Tier’s e-scooter fleet. Cabify has added a new business line to its multimodal repertoire. The company is partnering with Velca, a Spanish e-motorcycle brand, to provide users in Barcelona, Malaga, Madrid, Sevilla and Valencia with monthly rentals of electric motorcycles. Back in July, BMW announced it would finally start producing acronis true image 2019 price - Activators Patch retro-futuristic CE 04 electric motorbike, a vehicle around which it has released multiple concepts. Now, the automaker has entered into full series production. Propella, the e-bike manufacturer, introduced its Propella Mini bike, its smallest and lightest model yet. Coming in at just 33 pounds and 59 inches long, the Mini has 20-inch wheels, a small frame and low-power electronics. It’s equipped with a 400W Bafang motor, which is good for mainly flat land riding. It can handle a slope of about 10% grade. Anyone buying an e-bike or e-scooter, should be taking precautions, say fire departments and safety officials, after an increase in battery fires linked to micromobility devices. The New York Fire Department reported 78 fires linked to e-bikes this year and their lithium-ion batteries that can get overheated and catch fire if they’re not charged or disposed of properly. — Rebecca Bellan Deal of the week The Rivian IPO wasn’t just the deal of the week. I’m dubbing it deal of the year. We all knew it was going to be big. Rivian’s Photo.to editor has been highly anticipated. Still, the reaction and willingness of investors to buy shares 37% higher than the listed price is simply bananas. Rivian shares were listed at $78 and its opening trade was $106.75. The company has a trickle of revenue and mounting losses due to the expense of ramping up production of its R1T and R1S vehicles and RCV, the electric commercial vans it is supplying to Amazon and maybe others. That didn’t stop people from piling in and helping push Rivian’s value past $110 billion. (Closing share price on Friday was $129.95.) Rivian now has a market cap beyond GM and Ford, two legacy automakers that actually produce and sell millions of vehicles each year. Those niggling details like revenue didn’t dampen the mood. Even Amazon, which already held a 20% stake in the company, bought even more shares, per a Friday afternoon regulatory filing. Amazon now owns a total of 158,363,834 shares of Rivian, or about 22%. We miscalculated what portion of Rivian’s stock Amazon owns. If you look at the ecommerce giant’s most recent share tally, and compare it to Rivian’s expected post-IPO share count (inclusive of its underwriters’ option), it works out to 17.7%. However, if you calculate from Yahoo Finance’s listed share count for Rivian today, Amazon owns a slimmer 16.2% stake. Both figures are material, if more modest. There’s been speculation about whether Ford, which owns about 12% of Rivian, will cash out. The automaker has made a hefty return on its investment already. Ford has made about $820 million in equity and bond investments in Rivian. Those shares, about 102 million according to filings, are now worth $13.15 billion. What comes next? You better believe the attention on Rivian will be intense as it tries to meet production and delivery targets on the commercial delivery van for Amazon and its consumer products. Rivian is supposed to deliver the first 10 vans (out of an order of 100,000) to Amazon in December. When there is a customer like Amazon to please, that deadline might be difficult to keep. I’ll be watching. Other deals that got my attention this week … Ample, a startup developing battery swapping technology for electric vehicles, raised $30 million from The Blackstone Group and Spanish multinational financial services company Banco Santander. Applied Intuition, a company that sells software development tools to automotive engineers, has raised $175 million in a round led by Addition Capital, Coatue Management and serial entrepreneur Elad Gil, Bloomberg reported. The Mountain View, California-based company has a post-funding valuation of $3.6 billion. Blackshark.ai, the Austrian mapping startup, raised a $20 million Series A to develop and scale its replica-Earth tech. The potential applications for a planetary “digital twin” are many and various, and the company has a head start even on mapping giants like Google, TechCrunch’s Devin Coldewey wrote. DoorDash, the on-demand delivery giant, acquired food delivery company Wolt in an all-stock deal valued at €7 billion, or $8.1 billion. Embark Trucks, an autonomous vehicle company completed its SPAC merger and began trading on the Nasdaq under the ticker EMBK. CNBC profiled its 26-year-old founder and CEO Alex Rodrigues. Gett, the ride-hailing company, reached a deal to merge with special purpose acquisition company Rosecliff Acquisition Corp. I, a SPAC backed by the investment firm Rosecliff Venture Management LLC, the WSJ reported. GoTo Group, the Indonesia-based startup born out of a merger in May between ride-hailing giant Gojek and e-commerce company Tokopedia, secured more than $1.3 billion in the first close of its pre-IPO funding. The round was led by Abu Dhabi Investment Authority, with participation from Avanda Investment Management, Fidelity International, Google, Permodalan Nasional Berhad (PNB), Primavera Capital, SeaTown Master Fund, Temasek, Tencent and Ward Ferry. Inspiration, a startup that finances commercial electric vehicle operations and has plans to build, own and operate the corresponding charging infrastructure, came out of stealth with an initial $200 million in investment. The funding comes from ArcLight Capital Partners, a venture fund that invests in energy infrastructure. Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, raised $125 million in new capital. Notably, the lead investor is not listed and not being disclosed. I was told that a freight and logistics company set up a special interest financial vehicle as the strategic lead investor spot in the round. Other investors include newcomers SIP Global Partners, Muirwoods Ventures, Harpoon Ventures, StepStone Group, Gopher Asset Management, Walleye Capital, Aliya Capital Partners and others. Existing investors Battery Ventures, CRV and Lightspeed Venture Partners also participated. Bridgestone Americas and BMW i Ventures, which had announced strategic investments in Kodiak earlier this year, converted its funds to this round. Lordstown Motors sold its 6.2-million-square-foot Lordstown, Ohio factory to Foxconn, the Taiwanese hardware manufacturing company best known for making Apple’s iPhone. The $230 million deal is expected to close by the end of April next year, according to a statement from Lordstown. Plus and Hennessy Capital Investment Corp., a publicly traded special purpose acquisition company, agreed to terminate their previously announced merger. The companies said this was “in light of recent developments in the regulatory environment outside of the United States.” Plus, an autonomous vehicle company, said it is pursuing a potential restructuring of certain aspects of its business. Importantly, Plus’ deal to supply Amazon with driver-assistant technology remains intact, Automotive News reported. Point One Navigation, a startup that combines augmented global navigation satellite system, computer vision and sensor fusion into an API to provide precise location for robotics, OEMs and AV developers, raised $10 million. The Series A round was led by UP.Partners, with participation from existing investors including BOLT, IA Ventures and Ludlow Ventures. RabbitMart, or Rabbit for short, came out of stealth with $11 million in pre-seed funding amid a booming fast-delivery market in Africa. San Francisco-based Global Founders Capital, Raed Ventures, Foundation Venture, MSA Capital and Goodwater Capital participated in this pre-seed round. TriEye, the Israeli sensing startup, raised $74 million in a round led by M&G Investments and Varana Capital, with the participation of Samsung Ventures, Tawazun SDF, Deep Insight, Allied Group and Discount Capital, as well as existing investors Intel Capital, Porsche Ventures, Marius Nacht and Grove Ventures. The round brings TriEye’s total funding to $96 million. Upstream Security, the automotive cybersecurity technology company, received an undisclosed investment from BMW i Ventures. United States Postal Service narrowed its net losses by about half. The company reported a net loss of $4.9 billion for the 2021 budget year, an improvement over last year’s losses of $9.17 billion. Zoomcar, the Bangalore-based car-sharing startup, raised $92 million in a new financing round led by SternAegis Ventures. Zoomcar has raised $207 million to date. A little bird I hear things, but I’m not selfish. Let me share. Three quick items this week that are all about executive shuffling in the autonomous vehicle industry. You might remember that Anthony Foxx, the Secretary of Transportation under President Barack Obama, joined Lyft as chief policy officer and senior adviser back in 2018. Foxx is stepping down from the CPO gig, I learned recently. The new CPO will be Jeremy Bird, who is taking over in January. Bird joined Lyft in 2019 and was promoted to deputy CPO nearly a year ago. Lyft did confirm this tidbit luminar lidar - Crack Key For U me and said Foxx will stay on as a senior adviser. Here’s a statement from Foxx that was sent me: It’s the right time for me. I worked hard to build the absolute best policy team in business. There’s really no other team like us. That’s really what I came to do, and I could not be more proud of our people or have more confidence in Lyft going forward. I can now feel good about transitioning the team while continuing to advise Lyft. Jeremy has been an instrumental part of this team and is a great leader in his own right. I’m thrilled to pass the torch to him. Another departure that actually occurred months ago, but no one has reported on, is over at Kodiak Robotics. In 2018, Kodiak came out of stealth with $40 million in funding and an intriguing founder lineup. One co-founder was Don Burnette, who is CEO and a veteran of the autonomous vehicle industry. Burnette left the Google self-driving project to co-found self-driving truck startup Otto in early 2016, along with Anthony Levandowski, Lior Ron and Claire Delaunay. He left in March 2018, about a year after Uber bought Otto. The other co-founder was Paz Eshel, former venture capitalist. Specifically, he had been a vice president at Battery Ventures, where he led the firm’s autonomous-vehicle investment project. Battery Ventures led Kodiak’s first round and Itzik Parnafes, a general partner at Battery Ventures, joined the Kodiak board. I learned, and Burnette confirmed, that Eshel is no longer at the company. Burnette wouldn’t provide further details except to say that he departed earlier this summer. I reached out, but have not heard from Eshel. And finally, it seems that Gretchen Effgen, a longtime executive at Motional, is now at Google. Effgen led partnerships and marketing at nuTonomy, the autonomous vehicle startup that was acquired by Aptiv in November 2018. This venture was spun out in 2020 as Motional, a $4 billion joint venture with Hyundai. Effgen joined Google as it director of global automotive partnerships, platforms and ecosystems this month, according to her LinkedIn profile. Policy corner Hello everyone! Welcome back to Policy Corner. I want to touch briefly on the news regarding the $1.2 trillion infrastructure bill passed by Congress last Friday — briefly because, well, there’s tons already out there detailing in full what it includes and doesn’t include, what it means for roads, ports and the railway system. Regarding transportation electrification, the big wins include: $5 billion for zero-emission transit $5 billion to expand EV chargers along highways, plus an additional $2.5 billion that could go toward EV charging or other types of alternative fuel, like hydrogen stations $2.5 billion to electrify school buses There are a few other interesting tidbits included in the bill that caught my eye as well, especially an “Advanced Impaired Driving Technology” provision. Essentially, this provision gives the National Highway Transportation and Safety Administration three years to evaluate anti-drunk driving auto tech and issue a new safety standard, which automakers will be required to incorporate into new vehicles two years after that. NHTSA will no doubt be evaluating driver monitoring tech, including sensors outside the vehicle and even in-vehicle sensors that actually monitor the driver’s eyes and attention. It looks like many technologies that are already rolling out in vehicles today, like lane departure warnings, could be used for this purpose, and other companies are already starting to look into how their systems could be used to prevent drunk driving. Also of note: NHTSA will receive around $110 million per year to conduct “behavioral research on Automated Systems and Advanced Driver Assistance Systems and improving consumer responses to safety recalls.” Another bill was passed this week that could mean big things for everything from drones to eVTOL. That is the Advanced Air Mobility Coordination and Leadership Act, which will establish an interagency working group within the Department of Transportation to “plan and coordinate efforts related to the safety, operations, infrastructure, physical security, cybersecurity, and Federal investment necessary for maturation of the AAM ecosystem” in the U.S. This is a big deal! This goes far beyond the Federal OfficeSuite 2.40 Activaton Code - Crack Key For U Administration’s authority to certify aircraft, which is really one piece Avast Free Antivirus Crack Download - Crack Key For U the puzzle to launching AAM technologies. This working group will make recommendations for all the other pieces in which the federal government plays a role, like safety requirements of future air traffic management systems; infrastructure, including utility infrastructure, to support the growth of AAM; and community acceptance of the tech. “Congress spending intentional time looking at infrastructure, looking at operations, looking at how all of these things can come to fruition and really benefit states in the communities that each of these senators and representatives serve is pretty big,” Ian Villa, COO of Whisper Aero, told TechCrunch in a recent interview. The working group’s recommendations will also likely push conformity — which is good for end users and industry, Villa added. “There’s no way we can stand up a real system if the way that air taxis operate in Miami is different than the way [they] operate in California.” The working group will be required to submit a report to Congress on their findings. — Aria Alamalhodaei Notable news and other tidbits Autonomous vehicles Gatik, an autonomous delivery startup focused on the middle mile, pulled the safety operator from behind the wheel of two self-driving box trucks that operate in Walmart’s home turf of Bentonville, Arkansas. This means the startup’s box trucks are driverless on a commercial route. TechCrunch actually reported about this in August, when the company first went fully driverless. Gatik revealed more details on this milestone, including that it has a chase vehicle for now. Lyft and Motional will launch their first fully driverless ride-hail service in Las Vegas in 2023. The companies aim to be transporting public passengers — via Motional’s electric Hyundai IONIQ 5-based robotaxis and booked through the Lyft app — by the second half of next year. They will eventually scale up to a full commercial launch when Lyft is allowed to charge for rides in 2023. Nvidia said that Hyperion 8 — a production-ready platform that includes sensors, compute and software needed for AV development — is now available to buy for 2024 vehicle models. Hyperion 8 is the latest iteration of the end-to-end Nvidia Drive platform that automakers can use to customize to their likening and needs. This was revealed back in April. However, some details, including which companies are supplying the 12 cameras, nine radars and one lidar that are part of the platform, weren’t shared until this past week. Notably, Luminar is supplying the lidar, a potential boon for the newly public company. Continental, Hella, Sony and Valeo are also supplying sensors to Nvidia for the Hyperion 8. Plus, the autonomous vehicle company I cited up in the “deal of the week” section, announced a partnership with Aeva lidar. Aeva’s tech will be used in Plus’s first 100,000 trucks. Ouster, a lidar company, held its Q3 earnings call last week. Ouster said it is spending more on R&D and scaling up a division focused just on automotive, another signal that lidar companies have to diversify their offerings to stay afloat. Electric vehicles GreenPower and Perrone Robotics are teaming up to produce the AV Star. It’s a combination of GreenPower’s EV star, a mini electric bus, that will be fitted with Perrone’s TONY autonomous vehicle retrofit kit. Workhorse Group, the troubled electric vehicle startup, is struggling — and beyond its Q3 $81 million loss. Revenue is also in the negative to the tune of $576,600 because it had to issue refunds to customers who had their C-1000 cargo delivery vans recalled due to safety issues. Workhorse CEO Rick Dauch also admitted that, aside from federal safety issues, the C-1000 just might not be up to the task of heavy duty deliveries. Yikes. Misc. stuff The U.S. Department of Justice filed a lawsuit against ride-hailing giant Uber over claims that the company discriminates against passengers with disabilities, in violation of the U.S. Americans with Disabilities Act. Dr. Lawrence Burns, an author and former corporate VP of research & development and planning at General Motors, is now an executive adviser of autonomous sensing platforms company Neural Propulsion Systems. Burns was a former adviser to Waymo. MotoRefi, the auto refinance platform, changed its name to Caribou. Along with the new branding and logo, Caribou recently combined its auto financing product with insurance. The company said it plans to announce specific details on insurance carrier plans in early 2022.


Luminar is optimizing its manufacturing processes and supply chain on the path to series production of its Iris sensor. ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (NASDAQ: LAZR), the global leader in automotive lidar hardware and software technology, today announced its quarterly business update and financial results for the third quarter of 2021, ended September 30, 2021. Building on Luminar’s commercial momentum, this week the company announced that NVIDIA has selected Luminar1 for its autonomous vehicle platform known as NVIDIA DRIVE Hyperion, which is available now for 2024 vehicle models. “This quarter was one to remember with the debut of our Proactive Safety software, new top vehicle integration partnerships, two trucking wins, closing the acquisition of a key supplier, world-class leadership additions, and the culmination of our platform win with NVIDIA,” said Austin Russell, Luminar Founder and CEO. “At the same time, we’ve been meeting or beating all five of our company-level milestones we outlined towards the beginning of the year through relentless execution and commercial success. We look forward to powering the safest production vehicles on the road and enabling the first truly autonomous capabilities.” Today, Luminar released a video update regarding the path to series production of its Iris sensor. The video can be viewed Microsoft Toolkit 2.6.7 Free Download How to Use Toolkit www.luminartech.com/path. Major 2021 Milestones and Q3 Company Highlights: Today, Luminar reported progress against its five key 2021 milestones. Iris Industrialization for Series Production: Product development and tooling are both predominantly complete, and Luminar is entering the C-phase of its product lifecycle. Luminar continues to work closely with its manufacturing partners Celestica and AnyToISO 3.9.3 serial number - Free Activators and has successfully secured next year’s supply chain. Software & Product Development: In Q3, Luminar debuted its Proactive Safety™ functionality, which is enabled by its Sentinel software, at IAA Mobility2. The company has successfully developed its alpha version of the full-stack Sentinel solution, and demonstrated both advanced automatic emergency braking and assisted highway driving capabilities. Luminar expects to unveil to the public its Sentinel alpha on Iris at the Consumer Electronics Show (CES) in January. Commercial Programs & Customer Adoption: Luminar confirmed it achieved its goal of six major commercial wins this year, with the addition of NVIDIA and Polestar’s public disclosure. In Q3, Luminar’s technology was also selected by two of the leading autonomous trucking companies, Embark Trucks, Inc. and Kodiak Robotics, Inc. Additionally, Luminar announced new vehicle integration partnerships with two of the top automotive roof suppliers, Webasto and Inalfa, streamlining customer integration. Forward-Looking Order Book: Luminar remains on-track for its goal of at least 60% year-over-year growth of its forward-looking order book in 2021 based on continued commercial acceleration of significant wins and volume opportunities. Liquidity and Cash Position: Luminar remains on-track to achieve its target of ending the year with more cash on the balance sheet compared to year-end 2020. Key Q3 2021 Financials: After raising its revenue guidance the prior quarter, Luminar is maintaining its full-year 2021 guidance of $30 to $33 million. Key financial highlights for the quarter ended September 30, 2021: Revenue was $8.0 million, up 89% year-over-year and up 26% compared to the prior quarter. was $8.0 million, up 89% year-over-year and up 26% compared to the prior quarter. GAAP and Non-GAAP net loss: GAAP net loss was $51.3 million, or $(0.15) per share compared to a GAAP net loss of $37.5 million, or $(0.29) per share for the third quarter of 2020. Non-GAAP net loss was $36.0 million, or $(0.10) per share, compared to a non-GAAP net loss of $28.2 million, or $(0.22) per share, basic and diluted, for the third quarter of 2020. GAAP net loss was $51.3 million, or $(0.15) per share compared to a GAAP net loss of $37.5 million, or $(0.29) per share for the third quarter of 2020. Non-GAAP net loss was $36.0 million, or $(0.10) per share, compared to a non-GAAP net loss of $28.2 million, or $(0.22) per share, basic and diluted, for the third quarter of 2020. Cash, Cash Equivalents and Marketable Securities were $544.9 million as of September 30, 2021, compared to $485.7 million as of December 31, 2020. Cash spend (operating cash flow less capital expenditures) was $37.5 million in Q3 and $98.4 million year-to-date. __________________________________ 1 https://www.luminartech.com/nvidia 2 https://www.luminartech.com/iaa2021/ Webcast Details Founder and CEO Austin Russell and CFO Tom Fennimore will host a video webcast, featuring a business update followed by a live Q&A session. What: Video Webcast featuring Quarterly Business Update, Q3 Financials and Live Q&A Date: Today, November 11, 2021 Time: 2:00 p.m. PT (5:00 p.m. ET) A live webcast of the event will be available on Luminar’s Investor site at https://luminartech.com/quarterlyreview. A replay of the webcast will be available following the presentation. For additional information or to be added to our investor distribution list, please visit us at https://investors.luminartech.com/ir-resources/email-alerts. Non-GAAP Financial Measures In addition to disclosing financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), this press release contains certain non-GAAP financial measures. Non-GAAP financial measures do not have any standardized meaning and are therefore unlikely to be comparable to similarly titled measures presented by other companies. Luminar considers these non-GAAP financial measures to be important because they provide useful measures of the operating performance of the Company, exclusive of factors that do not directly affect what we consider to be our core operating performance, as well as unusual events. The Company’s management uses these measures to (i) illustrate underlying trends in the Company’s business that could otherwise be masked by the effect of income or expenses that are excluded from non-GAAP measures, and (ii) establish budgets and operational goals for managing the Company’s business and evaluating its performance. In addition, investors often use similar measures to evaluate the operating performance chris-pc ram booster serial key a company. Non-GAAP financial measures are presented only as supplemental information for purposes of understanding the Company’s operating results. The non-GAAP financial measures should not be considered a substitute for financial information presented in accordance with GAAP. This presentation includes non-GAAP financial measures, including non-GAAP net loss, Free Cash Flow (“FCF”) and Order Book. Non-GAAP net loss is defined as GAAP net loss plus stock-based compensation expense, plus amortization of intangible assets, plus change in fair value of warrant liabilities, plus loss on extinguishment of debt, plus expenses related to registration statement on Form S-1 on behalf of selling stockholders, plus benefit from income taxes. FCF is defined as operating cash flow less capital expenditures. Order Book is defined as the forward-looking cumulative sales estimates of Luminar’s hardware and software products over the lifetime of given programs which Luminar’s technology is integrated into or provided for, based primarily on projected/actual contractual pricing terms and good faith estimates of “take rates” of Luminar’s technology on vehicles. Such anticipated programs and volumes/take rates are based on commitments by our partners that are dependent on successful performance through development and validation and entering definitive purchase orders for series production, which may change for a variety of reasons as disclosed herein and other SEC filings, including, without limitation, the risks set forth in the “Forward-Looking Statements” section below. Customer production vehicle volume estimates (and take rates when applicable) are largely sourced from (i) the OEM/customer, (ii) IHS Markit or other third party estimates, and/or (iii) Luminar’s management good faith estimates. Luminar defines a “major win” as a written agreement with a major industry player, including based on their past experience in high volume production, leadership in autonomy, or market leadership, that selects our technology for what is expected to be a significant commercial program, including OEM series production programs. We only include major commercial wins, disclosed or undisclosed, in our forward-looking order book calculation, which are subject to the risks set forth in the “Forward-Looking Statements” section below. Note, NVIDIA is a major commercial win because they publicly announced selection of our lidar as part of their Hyperion reference platform, which is expected to result in significant commercial programs. NVIDIA is a technology/platform provider and relevant written agreements would ultimately be made directly with the end user of NVIDIA’s Hyperion reference platform. Forward-Looking Statements Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “aims”, “believe,” “may,” “will,” “estimate,” “set,” “continue,” “towards,” “anticipate,” “intend,” “expect,” “should,” “would,” “forward,” and similar autocad civil 3d 2020 download - Free Activators that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the commercial implications of Luminar’s selection by NVIDIA to be part of its Hyperion platform and the extent to which this will lead to significant customer programs, the expected timing of entering into the C-phase for Luminar’s Iris sensor, the delivery timing of the full-stack Sentinel software and its expected functionality and safety benefits, that Luminar will succeed in achieving its commercial wins target in 2021, that Luminar will achieve its order book growth outlook, and that Luminar will meet its year-end cash position target. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Luminar's management and are not predictions of actual performance. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements including the risks discussed under the heading “Risk Factors” in the Annual Report on Form 10-K filed by Luminar on April 14, 2021, the registration statements on Form S-1 (Nos. 333-251657 and 333-257989) filed with the SEC and amendments thereto, and other documents Luminar files with the SEC in the future. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made and Luminar undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. About Luminar Luminar Technologies, Inc. (Nasdaq: LAZR) is transforming automotive safety and autonomy by delivering lidar and associated software that meets the industry’s stringent performance, safety, and economic requirements. Luminar has rapidly gained over 50 industry partners, including a majority of the top global automotive OEMs. In 2020, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, which now expects to make Luminar’s technology part of the standard safety package on their next generation electric SUV. Additional customer wins include SAIC, Daimler Truck AG, Intel’s Mobileye, Pony.ai and Airbus UpNext. Founded in 2012, Luminar employs approximately 400 with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich. For more information, please visit www.luminartech.com. LUMINAR TECHNOLOGIES, INC. 15 ) $ (0.29 ) $ (0.48 ) $ (0.61 ) Shares used in computing net loss per share attributable to common stockholders: Basic and diluted 352,122,485 130,601,660 341,858,435 129,643,774 LUMINAR TECHNOLOGIES, INC. 358 — Purchases of marketable securities (530,179 ) (123,403 ) Proceeds from maturities of marketable securities 306,907 8,465 Proceeds from sales of marketable securities 83,493 4,448 Purchases of property and equipment (4,155 ) (1,963 ) Net cash used in investing activities (143,576 ) (112,453 ) Cash flows from financing activities: Proceeds from issuance of Series X convertible preferred stock — 170,000 Issuance cost paid for Series X convertible preferred stock — (5,662 ) Proceeds from the issuance of debt — 31,910 Repayment of debt (159 ) (11,206 ) Proceeds from exercise of warrants 153,927 — Proceeds from exercise of stock options 4,738 — GstarCAD Crack 2021 Build 201015 + License Key 2021 financing activities (345 ) (1,238 ) Net cash provided by financing activities 158,161 183,804 Net increase (decrease) in cash, cash equivalents and restricted cash (79,671 ) 23,620 Beginning cash, cash equivalents and restricted cash 209,719 27,305 Ending cash, cash equivalents and restricted cash $ 130,048 $ 50,925


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Tesla is well known for its plans to create a fleet of robotaxis and is actively working on that with the development of its Full-Self Driving (FSD) suite. The company and it fans are probably the most vocal about this potentially amazing, life-saving technology. There are other companies developing similar technologies with a focus on fully autonomous driving as well, though, and this includes tech giant NVIDIA. NVIDIA just announced its own version of a computer architecture, sensor set, and full-self driving software (in some scenarios), DRIVE Hyperian 8. The company says that DRIVE Hyperian 8 is designed for the highest levels of functional safety and cybersecurity and is available to purchase today for 2024 vehicle models. NVIDIA noted that the production platform was designed to be modular, which enables customers to use only what they need. The new software was announced at the GPU Technology Conference (GTC) where NVIDIA CEO Jensen Huang showed a DRIVE Hyperion 8 vehicle driving autonomously from the NVIDIA headquarters in Canta Clara, CA, to Rivermark Plaza in San Jose, CA. Nvidia added that DRIVE Hyperion is scalable and that its artificial intelligence provides a secure base for autonomous vehicle development. NVIDIA’s DRIVE Orin Platform In ESET Smart Security Premium 14.2.24.0 Crack + License Key + {2021} 2021, NVIDIA announced its new NVIDIA DRIVE Orin high-performance AI platform to power autonomous vehicles. At the time, the company noted that it processes over 250 trillion operations per second (250 TFLOPs) while achieving systematic safety standards such as ISO 26262 ASIL-D. The company noted that along with the Orin platform, DRIVE Hyperion will provide a secure base for the development of autonomous vehicles. It will have two Nvidia DRIVE Orin systems-on-a-chip that will provide redundancy and fail-over safety along with the needed computing power for level 4 self-driving. The company added that the “DRIVE Hyperion 8 developer kit also includes NVIDIA Ampere architecture GPUs. Prism video converter 3.04 registration code - Crack Key For U high-performance compute delivers ample headroom for developers to test and validate new software capabilities.” The Sensor Suite The sensor suite is made up of 12 cameras, 9 radars, 12 ultrasonics, and 1 front-facing lidar sensor. The sensor suite is also coupled with sensor abstraction tools so that autonomous vehicle manufacturers can customize the platform to their individual needs. Included in this suite is the long-range Luminar Iris sensor that will perform front-facing lidar capabilities. “The long-range Luminar Iris sensor will perform front-facing lidar capabilities, using a custom architecture to meet the most stringent performance, safety and automotive-grade requirements.” Luminar’s Founder and CEO, Austin Russell, touched upon the common thread between Luminar and NVIDIA. “NVIDIA has led the modern compute revolution, and the industry sees them as doing the same with autonomous driving,” he said. “The common thread between our two companies is that our technologies are becoming the de facto solution for major automakers to enable next-generation safety and autonomy. By taking advantage of our respective strengths, automakers have access to the most advanced autonomous vehicle development platform.” The radar is made up of Hella short-range and Continental long-range and imaging radars. Sony and Valeo cameras provide the visual sensing and Valeo is adding ultrasonic sensors to help the system measure object distance. Sony’s Head of Automotive Marketing, Marius Evensen said: “NVIDIA DRIVE Hyperion is a complete platform for developing autonomous vehicles, which is why Sony has integrated its sensors to give our customers the most effective transition from prototype to production vehicles.” Comparison With Tesla Big differences between NVIDIA’s sensor suite and Tesla’s FSD hardware is that Tesla no longer uses radar and has never used lidar, focusing 100% on the use vision (cameras) instead of radar and lidar. At Tesla’s AI Day back in August, Tesla showed how it is teaching neural nets to drive just based on the camera inputs. Using only vision simplifies the system more deeply than just on the hardware side. Sensors are a bitstream and cameras have several orders of magnitude more bits/sec than radar (or lidar). Radar must meaningfully increase signal/noise of bitstream to be worth complexity of integrating it. As vision processing gets better, it just leaves radar far behind. — Elon Musk (@elonmusk) April 10, 2021 While Tesla is working on its own AI and FSD software, and making the electric vehicles that use them, the automotive competition wants to catch up, and many of them plan to do so with the support of NVIDIA. Will its solution work as well? Will it work better? Or will it be too limited by the kinds of challenges that led Tesla to go 100% vision/camera-based Visual Importer Enterprise Crack its self-driving tech? It’s an exciting future to think about in regards to autonomous driving. The National Highway Transportation Safety Administration (NHTSA) stated that an estimated 20,160 people died in motor vehicle crashes in the first half of 2021 in the USA, and rightfully called this a crisis. We need self-driving technology yesterday. Advertisement Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for Antares AutoTune 9.2 Crack + Serial Code Free Download 2021 CleanTech Talk podcast? Contact us here Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon


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ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc., the global leader in automotive lidar hardware and software technology, announced today at the NVIDIA GTC conference that its lidar solution has been selected to be part of the sensor suite in the NVIDIA DRIVE Hyperion autonomous vehicle reference platform. This AI vehicle computing platform accelerates development of autonomous consumer vehicles with planned production starting in 2024. By offering automakers a qualified, complete sensor suite featuring Luminar’s lidar solution, on top of NVIDIA’s centralized high-performance compute and AI software, DRIVE Hyperion provides everything needed to develop production autonomous vehicles. DRIVE Hyperion will utilize one forward-facing long-range Luminar Iris lidar in its Level 3 highway driving configuration. Iris’ custom lidar architecture is designed to meet the most stringent performance, safety and automotive-grade requirements to enable next-generation safety as well as assisted and autonomous driving on production vehicles. “NVIDIA has led the modern compute revolution, and the industry sees them as doing the same with autonomous driving,” said Austin Russell, Founder and CEO of Luminar. “The common thread between our two companies is that our technologies are becoming the de facto solution for major automakers to enable next-generation safety and autonomy. By taking advantage of our respective strengths, automakers have access to the most advanced autonomous vehicle development platform.” “Our collaboration with Luminar bolsters the DRIVE ecosystem of companies that are focused on building best-in-class technologies for enabling autonomous driving functionalities,” said Gary Hicok, Senior Vice President of Engineering, NVIDIA. “Luminar is pioneering a unique, scalable solution that complements the NVIDIA DRIVE Hyperion platform.” About Luminar: Luminar Technologies, Inc. (Nasdaq: LAZR) is transforming automotive safety and autonomy by delivering lidar and associated software that meets the industry’s stringent performance, safety, and economic requirements. Luminar has rapidly gained over 50 industry partners, including the majority of the global automotive OEMs. In 2020, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, which now expects to make Luminar’s technology part of the standard safety package on their next generation electric SUV. Additional customer wins include SAIC, Daimler Truck AG, Intel’s Mobileye, Pony.ai and Airbus UpNext. Founded in 2012, Luminar employs approximately 400 with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich. For more information please visit www.luminartech.com. Forward Looking Statement Certain statements included in this press release that are not luminar lidar - Crack Key For U facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “aims”, “believe,” “may,” “will,” “estimate,” “set,” “continue,” “towards,” “anticipate,” “intend,” “expect,” “should,” “would,” “forward,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the likelihood of series production of vehicles including NVIDIA’s Drive Hyperion system including Luminar’s lidar, the capability of NVIDIA’s Hyperion system including whether it is ready for series production, its autonomous capabilities, and whether automakers will need additional equipment for autonomy, and that Luminar’s relationship with several automakers will result in series production. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements including the risks discussed under the heading “Risk Factors” in the Annual Report on Form 10-K filed by Luminar on April 14, 2021, the registration statement on Form S-1 (No. 333-257989) filed with the SEC on July 16, 2021 and amendments thereto, and other documents Luminar files with the SEC in the future. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made and Luminar undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.


Nvidia With its Orin automotive system-on-a-chip arriving in vehicles soon, Nvidia turns its attention to practical applications of its future autonomous vehicle tech. The semiconductor giant announced two new AI-driven software technologies -- Nvidia Drive Concierge and Drive Chauffeur -- at its GTC conference on Tuesday, alongside news that the Drive Hyperion 8 autonomous platform is now ready for production vehicles. Nvidia Drive Concierge Nvidia Drive Concierge is an AI-driven software assistant that combines conversational voice assistance with driver monitoring and autonomous parking tech. It's sort of like asking Siri to valet your car. Drive Concierge can field simple and complex natural voice commands -- from initiating a phone call to booking reservations -- and is personalized to each passenger's voice, giving everyone onboard their own virtual assistant. The assistant can act proactively to, for example, alert the user if the cabin cameras detect you've left your bag or purse in the backseat. While driving, those same cameras monitor the driver's attention level to encourage a drowsy driver to take a break or nudge a distracted driver's eyes back to the road. In the dashboard, drivers will interact with a visual representation of the digital assistant built using ray-traced graphics and Nvidia's newly announced Omniverse Avatar technology. However, Drive Concierge's coolest party trick is its integration with the Nvidia Drive AV autonomous driving tech, providing on-demand valet parking. Drivers will be able to activate the feature and be dropped luminar lidar - Crack Key For U while the car navigates itself to a nearby parking spot. Nvidia claims the system is smart enough to consider factors such as loading zones, accessible spaces, fire hydrants, street sweeping times and obstructions such as concrete pillars or shopping carts. It can handle parallel, perpendicular and angled parking. Drivers will also be able to summon the car for pickup when it's time to hit the road again. Nvidia Nvidia Drive Chauffeur and Hyperion 8 Building further on the Nvidia Drive AV tech is the Drive Chauffeur AI-assisted software download rank tracker full crack - Free Activators autonomous driving. Nvidia claims that Drive Chauffeur is capable of address-to-address autonomous driving and can handle both highway and urban traffic conditions. For drivers who would rather drive themselves, the same Drive AV tech that powers the Chauffeur can also be used to power active driver-assistance systems. Nvidia says that this tech "relieves the human driver from the burden of controlling the vehicle and monitoring the surrounding environment at all times," allowing them to focus their time and energy elsewhere. emco msi package builder alternative - Crack Key For U Drive Chauffeur integrates tightly with Concierge, displaying a 3D visualization of the road onscreen when operating autonomously. Nvidia calls this a Confidence View and thinks it helps the driver build trust with the autonomous driving system. The technologies behind both Drive Concierge and Chauffeur are powered by the Nvidia Drive Hyperion 8 architecture and sensor suite for full self-driving systems. Hyperion starts with a pair of Nvidia Drive Orin SoCs that, together, provide the redundancy and safety required for autonomous driving functions. If one chip malfunctions or experiences, say, a cosmic ray-induced computational hiccup, its twin will be there to check its work or take over. Orin is purpose-built for the types of simultaneous applications and deep neural networks required for the higher levels password depot brute force - Crack Key For U autonomous driving, with each SoC capable of 254 trillion operations per second. Nvidia Beyond the SoCs, Hyperion 8 features a standardized suite of sensors from Nvidia's partners Luminar, Hella, Continental, Sony and Valeo. In total, there are 12 cameras, nine radar sensors, 12 ultrasonic sensors and a single forward-looking lidar scanner that, according to Nvidia, have been "calibrated precisely for 4D data collection." The sensors feed into the Orin twins where the Nvidia DriveWorks Sensor Abstraction Layer forms a model of the environment that gets fed into the Nvidia Drive AV software where the AI makes decisions about negotiating the road. Hyperion 8 is designed to be a modular, production-ready autonomous platform, so vehicle designers can pick and choose individual technologies to implement, whether that be Level 3 driving, driverless parking or just AI-enhanced dashboard applications, or going all-in on an Nvidia-powered car. It's also scalable, so automakers who adopt the tech will be able to seamlessly transition to Nvidia Drive Atlan SoCs when those come online in 2025. Nvidia says that Drive Hyperion 8 is available now for 2024 model year cars, but we're not sure what vehicles specifically. Previously, Volvo and Mercedes-Benz announced partnerships to use Nvidia Drive tech in future cars.


Safe, robust autonomous vehicles require a foundation that’s just as dependable. NVIDIA DRIVE Hyperion 8 is a computer architecture and sensor set for full self-driving systems. This latest generation technology is designed for the highest levels of functional safety and cybersecurity, and is supported by sensors from a wide range of leading suppliers including Continental, Hella, Luminar, Sony and Valeo. DRIVE Hyperion is available today for 2024 vehicle models, NVIDIA founder and CEO Jensen Huang announced at GTC. The production platform is designed to be open and modular, so customers can easily use what they need — from core compute and middleware all the way to NCAP, level 3 driving, level 4 parking and AI cockpit capabilities. During the GTC keynote, Huang showed a DRIVE Hyperion 8 vehicle drive autonomously from the NVIDIA headquarters in Santa Clara, Calif., to Rivermark Plaza in San Jose. DRIVE Hyperion is also scalable, with the current standard DRIVE Orin platform designed to be upgradeable with NVIDIA DRIVE Atlan and DriveWorks APIs that are compatible across generations. Architected for Safety With a functionally safe AI compute platform at its core, DRIVE Hyperion provides a secure base for autonomous vehicle development. Two NVIDIA DRIVE Orin systems-on-a-chip provide redundancy and fail-over safety, as well as ample compute for level 4 self-driving and intelligent cockpit capabilities. The DRIVE Hyperion 8 developer kit also includes NVIDIA Ampere architecture GPUs. This high-performance compute delivers ample headroom for developers to test and validate new software capabilities. The NVIDIA DriveWorks Sensor Abstraction Layer streamlines sensor setup with easy-to-use plugins, while DRIVE AV Software contains the deep neural networks for perception, mapping, planning and control. Sensing New Possibilities By including a complete sensor setup on top of centralized compute and AI software, DRIVE Hyperion provides everything needed to validate an intelligent vehicle’s hardware on the road. Its sensor suite encompasses 12 cameras, nine radars, 12 ultrasonics and one front-facing lidar sensor. And with the adoption of best-in-class sensor suppliers coupled with sensor abstraction avg pc tuneup 2019 activation code, autonomous vehicle manufacturers can customize the platform to their individual self-driving solutions. This open, flexible ecosystem ensures developers can test and validate their technology on the exact hardware that will be on the vehicle. The long-range Luminar Iris sensor will perform front-facing lidar capabilities, using a custom architecture to meet the most stringent performance, safety and automotive-grade requirements. “NVIDIA has led the modern compute revolution, and the industry sees them as luminar lidar - Crack Key For U the same with autonomous driving,” said Austin Russell, Founder and CEO of Luminar. “The common thread between our two companies is that our technologies are becoming the de facto solution for major automakers to enable next-generation safety and autonomy. By taking advantage of our respective strengths, automakers have access to the most advanced autonomous vehicle development platform.” The radar suite includes Hella short-range and Continental long-range and imaging radars for redundant sensing. Sony and Valeo cameras provide the cutting edge in visual sensing, in addition to ultrasonic sensors from Valeo for measuring object distance. “NVIDIA DRIVE Hyperion is a complete platform for developing autonomous vehicles, which is why Sony has integrated its sensors to give our customers the most effective transition from prototype to production vehicles,” said Marius Evensen, Head of Automotive Marketing at Sony. DRIVE Hyperion is open and can accelerate the AV industry’s time to market by giving manufacturers the ability to leverage NVIDIA’s own development work. It includes all the tools NVIDIA engineers use to record, capture and process all the data from these sensors in real time. And this entire toolset is synchronized and calibrated precisely for 4D data collection, giving developers valuable time back in deploying safe and robust autonomous vehicles. DRIVE Hyperion is the ideal platform for anyone developing autonomous vehicles. Catch up on the full GTC keynote:


Automakers, suppliers and startups aiming to roll out automated driving features, robotaxis and self-driving trucks are a little closer to accessing Nvidia’s newest compute and sensor toolkit. Nvidia founder and CEO Jensen Huang announced Tuesday at the company’s fall GTC event that Hyperion 8 — a production-ready platform that includes sensors, compute and software needed for AV development — is now available to buy for 2024 vehicle models. Hyperion 8 is the latest iteration of the end-to-end Nvidia Drive platform that automakers can use to customize to their likening and needs. Hyperion 8 was first revealed in April. However, some details, including which companies are supplying the 12 cameras, nine radars and one lidar that are part of the platform, weren’t revealed until Tuesday. Notably, Luminar is supplying the lidar, a potential boon for the newly public company. Continental, Hella, Sony and Valeo are also supplying sensors to Nvidia for the Hyperion 8. “The opportunity here is that as Nvidia’s system gets designed in (to production vehicles), we also ultimately get designed in,” said Luminar founder and CEO Austin Russell. Hyperion is a reference platform that allows customers, like say an automaker, to access and tweak what its needs, including the core compute and middleware as well as AI functions inside the vehicle. Hyperion 8’s availability was one of a string of automotive-related announcements made by Huang at the company’s fall GTC event. The key announcements included developments in mapping bolstered by its acquisition of DeepMap in June, a tool that can replicate realistic scenes through simulated cameras with data labeled automatically and a personal concierge product that acts as a digital assistant, provides important communication between the automated driving system and the passenger and can handle parking. Each new product announcement either fits into or complements Hyperion 8. The upshot: Nvidia aims to capture larger slices of the automated driving market, a sector that includes the suppliers and automakers developing driver assistance systems for passenger vehicles and the companies working to deploy fully autonomous vehicles such as self-driving trucks and robotaxis. Nvidia has scored a number of customers that are developing on Nvidia’s Drive Orin computer system-on-chip, including Cruise, Mercedes-Benz, TuSimple, Volvo and Zoox. Nvidia touted several more design wins during the fall GTC event, including Lotus, Chinese self-driving startup Qcraft and Weltmeister, the EV brand owned by China’s WM Motor Technology Co. “We do not expect to have a 100% market share, but we have a dominant portion of the market that’s developing on Nvidia Drive,” Danny Shapiro, vice president of automotive at Nvidia said in a briefing ahead of GTC. “And the reason that is, is because we have this entire end-to-end solution. It’s not just about one thing that goes in the car but it’s about the data center, it’s about the simulation, it’s about the vehicle and having that on the same architecture is a huge advantage.”


The Station: Nuro scoops up new investors, Rivian gets sued and ride-hailing inches toward profitability The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. The Specialty Equipment Market Association trade show, which we know as SEMA, has long been the place to go to see quirky and flashy modifications to vehicles. This year, a major shift occurred that reflects what is happening across the country. I wasn’t able to attend this year, but folks I spoke to said they have never seen so many gas-to-electric conversions of sports cars, vintage hot rods and the like. Of course, there were also automakers displaying their new electrified vehicles, including the Ford F-100 Eluminator concept truck. We care about this concept because it showcases something that Ford is actually going to sell. The automaker is selling (available online or at a local dealer through Ford Performance Parts) the Eluminator electric crate motor. The motor comes from the Mustang Mach-E GT Performance Edition and produces 281 horsepower and 317 lb.-ft. of torque. As always, you can email me at kirsten.korosec@techcrunch.com to share thoughts, criticisms, opinions or tips. You also can send a direct message to me at Twitter — @kirstenkorosec. Micromobbin’ Lime closed a $523 million round made up of convertible debt and term loan financing, the next step as the company prepares to go public next year, according to CEO Wayne Ting. The largest chunk of the round is convertible note, which means it will convert to shares when Lime goes public, something Ting says the company will do next year, but he didn’t say when or how. About $20 million of that total funding will go toward the company’s decarbonization efforts. Among many initiatives that Lime put forth in time for COP26 is the company’s goal to get 80% of its manufacturing and supply chain partners to set their own carbon emissions goals. Bird, one of Lime’s biggest competitors, went public via the old SPAC route on Friday. Shares of Bird closed basically flat at $8.40. Bird plans to use the money from the IPO to expand existing operations and launch in new cities. After Bird’s shareholders voted for the merger earlier this week, shares of the SPAC, Switchback II Corporation, sunk more than 20% before recovering. Singapore-based Neuron Mobility is updating its N3 scooters with a new OS and additional onboard sensors to help it detect and correct dangerous or inconsiderate riding. A lot of companies have come out with some form of tech angled at offering the rider assistance in not driving like a jerk (Spin, Voi, Bird, Superpedestrian and Helbiz to name a few…), but they haven’t all delivered on that promise “at scale,” whatever that means. Neuron will be trialing about 1,500 of these upgraded scooters in Australia, Canada and the U.K. over the next six months. European micromobility company Dott became one of the latest operators to integrate with Google Maps. Dott’s e-scooters and e-bikes will show up on the app in Belgium, Finland, France, Germany, Italy, Norway, Poland, Spain and the U.K. Helbiz launched a fleet of 250 e-scooters in Sacramento, California after securing a one-year permit. The U.K. and Beam launched a partnership in Australia and New Zealand to raise awareness of electric mobility in order to help reduce transport-fueled carbon emissions. They’re offering incentives in the form of ride credits to those who have yet to use a form of electric mobility. Gojek, an Indonesian mobility and on-demand platform, and Gogoro, a Taiwanese micromobility battery swapping platform company, announced a partnership to electrify two-wheel transportation in Indonesia. The two, along with Indonesian national energy company Pertamina, are starting a battery swapping and Gogoro Smartscooter pilot scheme in Jakarta. PeopleForBike and Call2Recycle have teamed up to create the first industry-wide electric bicycle battery recycling program in the United States. The hope is to unite the sector under one battery recycling solution. Deal of the week I wanted to turn your attention to an autonomous vehicle company that seems to be able to raise abundant amounts of capital and still remain under the radar. I’m talking about Nuro, the autonomous delivery company founded in 2016. The company raised $600 million in a fundraising round led by new investor Tiger Global Management. Google was another new investor in this round. The funding has pushed Nuro’s valuation to about $8.6 billion — or some 72% higher than a year ago — according to people who spoke to me on condition on anonymity. A group of mostly existing investors joined the Series D round, including Baillie Gifford, Fidelity Management & Research Company, China-based venture firm Gaorong Capital, grocery retailer Kroger, SoftBank Vision Fund 1, funds and accounts advised by T. Rowe Price Associates, Inc. and Woven Capital, a venture arm of Toyota subsidiary Woven Planet. Much of it will be spent on commercializing and scaling the production of its third-generation vehicle at a new facility in Southern Nevada. Construction on its manufacturing facility will begin in December and is expected to be completed in 2022. Other deals that got my attention … 42dot, a South Korea-based autonomous transportation-as-a-service startup, raised $88.5 million (104 billion WON) in a Series A round of funding that included participation from new investors like Shinhan Financial Group, Lotte Rental, Lotte Ventures, STIC Ventures, We Ventures, DA Value Investment and others. Autobrains, an Israeli-based company that develops AI technology for assisted and autonomous driving, raised $101 million in Series C funding round led by Temasek. Additional participants in the round include new investors Knorr-Bremse AG, VinFast and existing investor BMW and strategic partner, Continental. Breadfast, an online grocery delivery company that wants to become a regional leader in the sector, raised $26 million in Series A financing from lead investors Vostok New Ventures and Endure Capital. JAM Fund (led by Tinder co-founder Justin Mateen), YC Continuity Fund, a large unnamed Saudi-based fund, Shorooq Partners, 4DX Ventures and logistics giant Flexport also participated. Delimobil, Russian car-sharing company, decided to postpone its initial public offering due to market conditions, Reuters reported. Momenta, an autonomous vehicle developer from China, raised another $500 million that was added to its Series C round. The funding comes two months since it announced a $300 million investment from General Motors. This latest injection of capital brings the total of the startup’s Series C to over $1 billion. Opibus, a Swedish-Kenyan EV conversion company, raised $7.5 million in a pre-Series A round. The startup raised $5 million in equity and $2.5 million in grants in a round led by Silicon Valley fund At One Ventures, backed by Factor[e] Ventures and pan-African VC firm Ambo Ventures. Rivian hopes to raise up $8.4 billion in its initial public offering, according to a regulatory filing posted this past week. The Amazon-backed company said in the filing that it plans to offer 135 million shares at a price between $57 and $62. Underwriters also have an option to buy up to 20.25 million additional shares. If underwriters exercise that option, Rivian would raise as much as $9.6 billion. Based on the number of outstanding shares, that would put its market valuation at about $53 billion. If employee stock options and other restricted shares are considered, Rivian’s valuation could be as high as $60 billion. Spartan Radar, a biomimetic radar company, closed $15 million in a Series A round led by Prime Movers Lab. Additional investors include 8VC and Mac VC. The round follows a $10 million raise earlier this year. Scale AI acquired SiaSearch, a spinout of European venture studio Merantix that has built a data management platform that acts as a search engine for petabyte-scale data captured by advanced driving assistance and automated driving systems. Zepto, a new Indian-based grocery delivery startup, raised $60 million in a round led by Glade Brook Capital. Nexus, Y Combinator, Global Founders Capital, as well as angel investors Lachy Groom, Neeraj Arora and Manik Gupta also participated in the round, which values Zepto at $225 million. Policy corner Hello everyone! Welcome back to Policy Corner. Quick note from Kirsten: After the newsletter was “put to bed,” Congress passed President Biden’s infrastructure bill, mostly along party lines. Expect more details on that next week. First, let’s talk briefly about the Hertz-Tesla deal. I know, I can hear you groaning already. One of the things that Tesla played up was that Hertz is paying sticker price for the 100,000 Teslas it ordered (apparently without a contract, though that’s another story). But they likely didn’t pay full price. In fact, Turo’s VP of government relations, Lou Bertuca, told me he was 100% certain that Hertz didn’t pay sticker price, thanks to a tax loophole that allows rental car companies to avoid paying sales tax. He told me that each year states lose out on around $4 billion in taxes due to this loophole. The sales tax exemption was designed for car resellers, but car rental companies have also been able to benefit from this “sale for resale exemption.” “They’re buying something tax-free and making lots of money by renting it out,” he said. “Anytime a car rental company says they’re paying the same rate as everybody else, the only thing you need to keep in mind is they’re not paying the sales tax that everybody else is paying, whether they’re buying a Tesla or Ford.” (TechCrunch reached out to Hertz for comment.) Around five or six states are currently reconsidering this loophole, Bertuca said. Of course, Turo, a peer-to-peer marketplace for car rental, has its own dog in this fight. And it’s important to note that state and local governments can levy taxes on rental car companies that peer-to-peer rental companies (like Turo) are exempt from — here’s a good run-down on that battle. In other news, Canada said it would “respond appropriately” should the U.S. pass the proposed increase for consumer tax incentives for electric vehicles. The luminar lidar - Crack Key For U Innovation and Industry Minister Francois-Philippe Champagne told Reuters that the proposal — which would provide an additional $4,500 for EVs made in the U.S. and in union shops and $500 for U.S.-made batteries — would run contrary to the USMCA trade agreement we have with Canada and Mexico. He joins a growing chorus of foreign auto and auto parts manufacturers, including Toyota and Honda, that are opposing the additional funds. I listened to a pretty interesting interview with Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association, who made the case that “American-made” is ultimately a nice political slogan that doesn’t accurately reflect dynamics on the ground. He noted that $9 billion worth of auto parts are exported from Michigan for assembly in Ontario — parts that would go into cars that would be excluded from the additional incentive, should it pass. “Really in our business, we operate as if there’s no border, because there hasn’t been,” he said. If you have a spare 20 minutes, I encourage you to listen to the entire interview. It definitely made me think about the automotive supply chain in a new way. — Aria Alamalhodaei A little bird Just a quick little note that I’ve been meaning to share. Remember Starsky Robotics? This was the self-driving trucks startup that shut down in March 2020 as competition and consolidation in the industry heated up. Co-founder and former CEO Stefan Seltz-Axmacher is back with a stealth startup focused on robotics and autonomy, according to his profile in LinkedIn. Next to it, he states “More info soon!” Notable news and other tidbits ADAS Tesla voluntarily recalled nearly 11,704 vehicles after identifying a software error that could cause a false forward-collision warning or unexpected activation of the automatic emergency brake system, the National Highway Traffic and Safety Administration said. Autonomous vehicles Cruise was busy this week. The company held an “Under the Hood” event that was meant, besides a recruiting activity, to lay out its technical and development road map. CTO and co-founder Kyle Vogt released a YouTube video of his driverless ride and late Friday the company filed an application for the CPUC Driverless Deployment Permit, as well as the accompanying required Passenger Safety Plan. “Cruise has hit another important milestone today as the first company to apply for the final state permit required to launch an autonomous ride-hail service in California. Our accompanying Passenger Safety Plan outlines the safety and accessibility measures passengers can expect from start to finish in our AVs —- a critical facet of our overall, holistic approach to safety at Cruise,” Prashanthi Raman, head of global government affairs at Cruise, said in an emailed statement to TechCrunch. Embark announced a partnership with Luminar to equip its truck fleet with Luminar’s long-range radar. Embark says this partnership will help the company as it tries to achieve commercial deployment and delivery of its 14,200 non-binding truck reservations in 2024. Loyola Marymount University and its dining platform have partnered with autonomous robot delivery company Kiwibot to deliver meals across the university campus. Waymo announced luminar lidar - Crack Key For U to manually drive its vehicles to map areas of New York City and then use all of that data to advance its technology. Electric vehicles Ford Motor confirmed that reservations for the all-electric F-150 Lightning pickup truck have surpassed 160,000, less than six months after its debut. But remember, refundable $100 pre-orders are not the same as purchases! Let’s see how many take the leap this coming spring. Lucid Group has spent the last week delivering its Air electric vehicle to customers. The company also opened up its 11th store (it calls them “studios) in Washington, DC. Nikola Corp., the electric truck developer, is in talks with the U.S. Securities Exchange Commission to pay a $125 million civil penalty as part of an ongoing probe by the regulator into whether the company mislead investors. Rivian, the electric automaker that recently filed for an IPO, was sued by a former sales and marketing vice president for alleged gender discrimination. The lawsuit alleges that Laura Schwab, a former sales and marketing executive who had a long employment history with Jaguar Land Rover and Aston Martin before joining Rivian in November 2020, was fired after reporting gender discrimination to the company’s human resources department. In-car tech and sensors BMW is going to ship some models without touchscreen functionality because of the global chip shortage, according to BMW enthusiast forum Bimmerfest. The infotainment system will still work, but BMW has removed touch functionality from the central display. Kneron launched its first automotive-grade chip — fueled by funds from Foxconn, Alibaba, Sequoia, Horizons Ventures and Qualcomm — that it says could revolutionize the path to vehicle autonomy. Velodyne Lidar named Theodore Tewksbury as its new CEO, the most recent in a string of changes to Velodyne’s C-suite since the beginning of this year. Tewksbury was the CEO of Eta Compute, a company that develops edge vision sensors. As you might recall, the company has been Adobe Audition CC 2021 (32/64) Bit Crack + Patch Free Download a CEO for several months, after Velodyne announced the departure of Anand Gopalan in July. Ride-hailing Uber and Lyft posted earnings this week. Lyft kicked things off with news that it reached adjusted profitability as riders returned to the U.S. ride-hailing company’s service. Lyft reported revenues of $864.4 million in the third quarter, a 73% pop from the $499.7 million in the same year-ago period. Meanwhile, Uber squeaked out $8 million worth of adjusted EBITDA — a very modified profit metric — while still posting net losses of more than $2 billion. Uber’s gross bookings (or the value of all goods and services that flowed through its platform) totaled $23.1 billion, up 57% on a year-over-year basis. That figure translated to revenues of $4.8 billion, up 72% compared to the year-ago quarter. To be clear, while adjusted EBITDA is one metric of profitability it’s not the grown-up GAAP profitability. Still, it’s a noteworthy milestone for these businesses.


Microsoft Office 2016 Crack + License Number Free Download 2020 The earnings season is typically about top and bottom lines: revenue, income and that EBITDA acronym that looks at income as a percentage of sales. But there’s more. We looked for insights from a few transcripts of Q3 analyst calls. Also, there is another industry shortage as acute as the much-publicized paucity of truck drivers. Future fuel injection? Cummins Inc. hasn’t said much about its plans to make a hydrogen-fueled internal combustion engine. But we know a little more following this week’s call. J.P. Morgan analyst Ann Duignan quizzed Cummins CEO Tom Linebarger and Jennifer Rumsey, president and COO, about using the recently announced 15-liter natural gas-powered internal combustion engine coming in 2024 as the basis for the hydrogen ICE. Why not just skip the expense of developing hydrogen-powered fuel cells, Duignan asked. Hydrogen combustion is a good answer, Linebarger said. It’s just less efficient than a fuel cell.The efficiency increase would matter for long-haul, where the cost of fuel is a big factor. Hydrogen ICE is probably better suited to shorter ranges or vocational trucks. “Our view is there’s a place for both, but if you want to think what’s going to really drive the transportation economy 20 years — [or] 15 years from now — you’re going to need the efficiency that a fuel cell, especially with an electric system, is going to provide,” Linebarger said. Rumsey cast hydrogen ICE as a bridge to fuel cells. And other drop-in fuels could work, too. Cummins sees running hydrogen in an internal combustion engine as feasible. (Photo: Cummins) “Of course, the calibration and control of the engine is different based on the fuel, but we’re able to leverage some of that manufacturing and engineering investment in a common platform,” Rumsey said. Regardless of which approach is pursued, there is still the matter of producing or acquiring CO2-neutral green hydrogen as fuel. Cummins (NYSE: CMI) has multiple efforts in hydrogen production, and it is sticking by its forecast of booking $400 million in revenue from hydrogen fuel in 2025. Maybe more, Cummins New Power President Amy Davis told me recently. Slow your (autonomous) roll Paccar Inc. sees great potential for Class 8 autonomous trucks. In fact, the majority of test units across the handful of self-driving trucking startups are Peterbilt 579 models. Paccar is financially invested in the newly public Aurora Innovation. It is part of a commercial line-haul pilot of autonomous vehicles with FedEx in Texas. The Paccar (NASDAQ: PCAR) trucks are operating autonomously with a backup driver for safety covering a 500-mile route between Dallas and Houston. So, why did CEO Eset nod32 antivirus 12 lifetime crack - Crack Key For U Feight seem a bit hesitant when asked about the ramp of driverless trucks by Steve Fisher of UBS during Paccar’s earnings call Oct. 26? “I think that making a prediction for how quick that market RollBack Rx Pro 11.2 Crack Free Download with Keygen going to develop is going to depend on how robust the technology becomes, and that’s what we’re learning about right now,” Feight said. “So, I think we should be patient to see how quickly it develops and when it’s really ready to scale.” Aurora Innovation lines up Peterbilt autonomous trucks. (Photo: Aurora Innovation) Joel Tiss of BMO Capital Markets pressed Feight for more. “The technology is incredibly involved. And so if you think about the edge cases that exist, that’s what’s being sorted out right now,” Feight said. “Most of the operation can be done running down the highway. But now it’s about the edge cases. We’re working through those.” Asked by Tiss about profit margins over the next three to five years from electric and autonomous vehicles, Feight brightened. “I absolutely believe that the new products, the autonomy, connected [vehicles], the electrification, those efforts that we have will drive our margins to very, very high levels. And there [are] other opportunities incremental to that. So, the future looks very good.” Hydrogen production tax credits Like any clean energy company, Nikola Corp. (NASDAQ: NKLA) is watching carefully what happens with the $1.75 trillion budget reconciliation bill in Congress. The electric truck startup has a growing iskysoft crack mac of investments in producing and distributing hydrogen for its fuel cell Class 8 trucks scheduled for production in 2023. If the 10-year hydrogen production tax credit survives, it could lower the production cost of the H2 at qualified clean hydrogen production facilities. And the spiff is significant, calling for as much as a $3-per-kilogram base rate multiplied by the percentage reduction in life cycle greenhouse gas emissions compared to steam methane reforming. “The H2 production tax credits could be substantial for Nikola,” CEO Mark Russell told analysts. “It would lower our cost of hydrogen production, and we anticipate it could create significant shareholder value.” Who’s going to fix these trucks? The oft-discussed driver shortage is accompanied by a similar dearth of technicians for both today’s diesel and tomorrow’s electric trucks. Kenworth this week launched an EV technician training and certification program to help get its dealerships ready to service a growing number of electric trucks beyond the dozens already ordered. Initial certification follows online and classroom completion of a seven-course curriculum. Courses run from two to four days. Technicians are selected by Kenworth dealer service managers, typically based on the technician’s track record and growth potential. The manufacturer is requiring two trained EV techs per dealership, which pays for the training. There is no upper limit. Startup last-mile delivery van maker Arrival on Friday took a different take on the training issue, announcing a service network program that will use the company’s digital service platform to train and certify any technician to service its vehicles. The service platform uses the data from Arrival’s (NASDAQ: ARVL) vehicles and proprietary algorithms to enable existing service providers to repair and maintain its electric vans and buses. An Arrival van can be repaired in a digital service network. (Photo: Arrival) The yawning gap in techs makes any approach worth considering. In its 2021 Transportation Technician Supply & Demand Report, the TechForce Foundation found that demand for automotive technicians nearly doubled in the past year — from 136,503 in 2020 to 258,000 in 2021. Current demand is 5:1, up from 3:1 in 2020. The foundation does not break out heavy-duty demand numbers. Best of the rest Freightliner Custom Chassis Corp. is joining the Daimler Trucks North America electric truck parade. FCCC is introducing the MT50e, an all-electric Class 5 walk-in van for last-mile delivery. … Navistar has opened five more of its all-makes Fleetrite truck parts locations, bringing the total of retail locations to 16 in the U.S. and Canada. … Mack Trucks has hired David Galbraith, former Volkswagen of America director of experience and brand partnership marketing, as its vice president of global brand and marketing. Finally, two nuggets from autonomous driving startup Embark Trucks, which is expected to complete its SPAC business combination with Northern Genesis Acquisition Corp. next week. First, it revealed DHL Supply Chain, the North American contract logistics operation within Deutsche Post, as being among its 14,200 nonbinding reservations for the Embark Universal Interface autonomous software. The delivery service joins UPS, which works with TuSimple, and FedEx, which is testing with Aurora (above item) in merging logistics with autonomy. Also, Embark joined the growing list of customers for Luminar’s long-range light detecting and ranging (lidar) software. That’s it for this week. Thanks for reading. Click here to receive Truck Talk via email on Fridays. Alan


Wondershare Filmora Scrn 2.0.1 Crack Registration Code Free SAN FRANCISCO--(BUSINESS WIRE)--Embark Trucks, Inc. (“Embark”), a leading developer of autonomous software for the trucking industry, and Luminar Technologies, Inc. (“Luminar”) (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced a novel partnership to equip Embark’s truck fleet with Luminar’s long-range lidar. This partnership gives Embark and its carrier partners access to Luminar’s cutting edge automotive-grade long-range lidar sensors as the company progresses towards commercial deployment and delivery of its 14,200 non-binding truck reservations in 2024. Embark is pursuing an asset-light go-to-market approach – focusing on delivering the best software for autonomous trucking – and works with partners like Luminar to utilize the best hardware for autonomous trucks. Luminar’s sensor offering stood out from the beginning due to its industry-leading performance, scalability, and automotive-grade capabilities. Data collected from the partnership will improve the Embark Driver’s perception range and perception capabilities, leading to a safer autonomous solution that can be integrated into all four major truck OEMs via the Embark Universal Interface (EUI). “ We’ve spent over three years working with Luminar to leverage best-in-class sensor tech to power the Embark Driver,” said Alex Rodrigues, CEO of Embark. “ Today, we’re deepening our partnership with Luminar and ensuring that our fleet partners will have access to a safer, more performant system when we deploy our technology commercially beginning in 2024.” “ Embark has been the longstanding independent leader in autonomous trucking, and we’re excited to help them and their customers on their transition towards commercial deployment with this partnership,” said Austin Russell, Founder and CEO of Luminar. “ We continue to see increasing near-term market opportunity for autonomous trucking, and are leveraging our work in the high-volume consumer vehicle space to move full speed ahead into commercial vehicles.” For a deeper look at Embark’s advanced perception capabilities using Luminar lidar, read Embark’s technical blog post here. This partnership with Luminar comes as Embark continues to deliver on its commercialization timeline. Since announcing a definitive business combination agreement with Northern Genesis Acquisition Corp. II (NYSE: NGAB) in June that is anticipated to result in Embark becoming a publicly listed company, Embark has added members to Partner Development Program, expanded its transfer point network, refined transfer point operations, worked closely with Tier 1 suppliers on the scaling of the Embark Universal Interface, and secured 14,200 non-binding reservations for its autonomous trucks. Embark anticipates that the shareholder vote on its merger with Northern Genesis Acquisition Corp. II (NYSE: NGAB) (“Northern Genesis 2”) will conclude on November 9, 2021. For more information, visit investors.embarktrucks.com. About Embark Trucks ​​Embark is an autonomous vehicle company building the software powering autonomous trucks, focused on improving the safety, efficiency, and sustainability of the nearly $700 billion a year trucking market. Headquartered in San Francisco, CA since its founding in 2016, Embark is America’s longest-running luminar lidar - Crack Key For U truck program. The company partners with some of the largest shippers and carriers in the nation, collectively representing over 35,000 trucks. Embark’s mission is to realize a world where consumers pay less for the things they need, drivers stay close to the homes they cherish, and roads are safer for the people we love. To learn more about Embark, visit embarktrucks.com. About Luminar Luminar Technologies, Inc. (Nasdaq: LAZR) is transforming automotive safety and autonomy by delivering lidar and associated software that meets the industry’s stringent performance, safety, and economic requirements. Luminar has rapidly gained over 50 industry partners, including the majority of the global automotive OEMs. In 2020, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, which now expects to make Luminar’s technology part of the standard safety package on their next generation electric SUV. Additional customer wins include SAIC, Daimler Truck AG, Intel’s Mobileye, Pony.ai and Airbus UpNext. Founded in 2012, Luminar employs approximately 400 with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich. For more information please visit www.luminartech.com. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Embark’s and Northern Genesis 2’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Embark’s and Northern Genesis 2’s expectations with respect to future performance. These forward-looking statements also involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. S. Securities and Exchange Commission (the “SEC”), including those discussed in Northern Genesis 2’s Annual Report Form 10-K for the fiscal year ended December 31, 2020 (“Form 10-K”) and Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 and in the registration statement on Form S-4 and definitive proxy statement/prospectus and other documents filed by Northern Genesis 2 from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Embark and Northern Genesis 2 caution that the foregoing list of factors is not exhaustive and not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. Embark and Northern Genesis 2 undertake no obligation to and accepts no obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Additional Information About the Proposed Transactions and Where to Find TypingMaster Pro 10 Crack + Product Key Full Download Free {2021} The proposed transactions will be submitted to stockholders of Northern Genesis 2 for their consideration. Northern Genesis 2 has filed a registration statement on Form S-4 (the “Registration Statement”) with the SEC which includes a proxy statement to be distributed to Northern Genesis 2’s stockholders in connection with Northern Genesis 2’s solicitation for proxies for the vote by Northern Genesis 2’s stockholders in connection with the proposed transactions and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Embark’s shareholders in connection with the completion of the proposed merger. The Registration Statement has been declared effective, and Northern Genesis 2 will mail a definitive proxy statement and other relevant documents to its stockholders as of the record date established for voting on the proposed transactions. Northern Genesis 2’s stockholders and other interested persons are advised to read the definitive proxy statement/prospectus and any amendments thereto, in connection with Northern Genesis 2’s solicitation of proxies for its special meeting of stockholders to be held to approve, among other things, the proposed business combination, because these documents will contain important information about Northern Genesis 2, Embark and the proposed business combination. Stockholders may also obtain a copy of the definitive proxy statement, as well as other documents filed with the SEC regarding the proposed transactions and other documents filed with the SEC by Northern Genesis 2, without charge, at the SEC’s website located at www.sec.gov or by directing a request to Northern Genesis 2. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. Participants in the Solicitation Northern Genesis 2, Embark and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from Northern Genesis 2’s stockholders in connection with the proposed transactions. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Northern Genesis 2’s stockholders in connection with the proposed transactions are set forth in Northern Genesis 2’s proxy statement/prospectus filed with the SEC. You can find more information about Northern Genesis 2’s directors and executive officers in Northern Genesis 2’s Form 10-K and Forms 10-Q filed with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests are included in the proxy statement/prospectus. Stockholders, potential investors and other interested persons should read the proxy statement/prospectus carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above. No Offer or Solicitation This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.


On Monday, we saw a chunky 5% surge for Ford F as its little pal Rivian gets ready to IPO at a valuation bigger than Honda's. Then Tuesday, the "heritage" automaker went back to its roots with an old-school concept truck to demonstrate a powerful new EV customization vision. Here was part of the PR reveal. LAS VEGAS, Nov. 2, 2021 – Ford today previews the future of electrified custom vehicles with the reveal of the all-electric F-100 Eluminator concept – a zero-tailpipe-emissions demonstration truck powered by the all-new Ford Performance Parts Eluminator electric crate motor that customers can now buy online. Based on a heritage 1978 F-100 pickup, the F-100 Eluminator concept features all-wheel drive via two powerful electric motors shared with the 2021 Mustang Mach-E GT Performance Edition. Two electric traction motors drive the front and rear wheels, packing a powerful 480 horsepower and 634 lb.-ft. of torque. Eluminator, the first e-crate motor from Ford Performance Parts, is based on the Mustang Mach-E GT’s traction motor. “Ford owners have personalized, customized and enhanced their vehicles since the beginning – from changing looks to bringing the power,” said Eric Cin, global director, Vehicle Personalization, Accessories and Licensing. “Our F-100 Eluminator concept is a preview of how we’re supporting customers as they go all-electric and embrace zero-tailpipe emissions performance, even for our heritage vehicles.” (end of PR excerpt) If you don't remember the F-100, it's that cute little pickup from the 70s. It might be a welcome "truck" ride for some who don't care for today's big tanks that you need a step-ladder to climb into. Now it's just a concept at this point, with Ford's immediate plan only to offer the electric crate motors to custom propulsion enthusiasts for $3,900. But, who knows how much interest this could spark and ignite the company to put the F-100 Eluminator into production! Ford Shares Get Lit Above the $18 Double-Top After a solid earnings report last week and great-looking EV sales data today, Ford shares are cruising above my second target of $18. Ford today said it sold 14,062 electric vehicles, up 195% from a year ago, adding that its E-Transit has sold out, while its F-150 Lightning has more than 160,000 reservations. My first target when I was telling everybody and their mother to buy under $14 was the June high near $16.50. Why was I so enthusiastic? Because I still believe what I wrote in July about this new "intelligent and connected" work-truck platform that will gain mass appeal. The F-150 Lightning Will Crush the Tesla Cybertruck In the video that accompanies today's article, I show the Ford chart eclipsing that 2013-2014 double-top just above $18. All I can say now is "$20+ here we come!" I also show some other expert voices in the automotive and EV spaces to help you make your own decisions about whether to be a Tesla TSLA investor or a Ford investor, and whether to buy a Cyberthingy or an F-150 Lightning. Or maybe you'd prefer a much smaller innovator in the ADAS LIDAR space. Luminar LAZR also had a big Monday with a +6% rally on strong volume. I could find no news or analyst actions, other than the automotive zeal going on with Tesla, Rivian and Ford. Luminar makes LIDAR systems for just Volvo currently. The company reports its September quarter on 11/11 and they recently they made two key hires from big-cap technology companies with international reputations, Arm Holdings and PACCAR. Call With Cooker If you came here from the YouTube link, I have your code/instructions to enter the "Call with Cooker" drawing: #TechSuperCycle Just go to Twitter and do the following. 1. Follow me @KevinBCook 2. Like and ReTweet my pinned Tweet with the NVIDIA graphic Speaking of NVIDIA NVDA, the brains behind many ADAS (advanced driver assistance systems), I recently profiled their key partner in chip design, Cadence Design Systems CDNS. In this video, I show a clip of Jensen Huang explaining why they use amazing semiconductor CAD/CAM like this to get deeper into the nanosphere architectures under 10nm. See you on Twitter and let's see if you're the next guest on a Call with Cooker! Disclosure: I own shares of NVDA, LAZR, and F for the Zacks TAZR Trader portfolio. - Zacks Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each f.lux 4.75 Crack Download - Crack Key For U chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Cadence Design Systems, Inc. (CDNS): Free Stock Analysis Report Luminar Technologies, Inc. (LAZR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research


Photoshop has been given a generous set of upgrades during the Adobe Max 2021 conference – and the big news is that Adobe is bringing its photo-editing beast to web browsers with the beta launch of Photoshop on Web. This isn't the first time Adobe has launched an online version of Photoshop, with the now-defunct Photoshop Express web app a previous option for amateur photographers. Adobe Spark also offers some Photoshop-style tools. But Photoshop on Web sees Adobe finally bring its big guns to Edge and Chrome with an (albeit free music manager online version of full-fat Photoshop. So what exactly does Photoshop on Web do? Right now, it's designed more for remote teams looking to collaborate on Photoshop files, rather than as a Photopea-killer. Features-wise, it’s closer to Photoshop for iPad than it is to the full desktop version. This means you'll be doing relatively basic jobs – selecting elements of an image (including the quick selection brush), working with layers and adjustment layers, and a basic bit of cloning and healing. Luminar lidar - Crack Key For U also find a few brushes, plus dodging, burning, cropping and text tools. You won’t get the full range of filters that you do on desktop Photoshop, though. And while there is layer support, it doesn’t look like there's support for different blending modes, variable opacity on layers, and so on – layers can be turned on and off, and that’s it (so far). (Image credit: Adobe) Still, many of the keyboard shortcuts that will have become second nature to most Photoshoppers have made the transition here. For example, you can tap the square bracket key to change your brush size, or zoom in and out of an image with CMD-/+. It's also much easier to remotely rough-in edits to an image, and this is the real benefit of bringing Photoshop to the web browser. For example, if a work-in-progress needs an annotation, or a designer wants to illustrate what they want to happen to a file without doing it themselves or laboriously typing out an email, Photoshop on Web will let them make a start before saving it back to the cloud. From there, it can be worked up with all the bells and whistles of Photoshop Proper (which is our unofficial name for the desktop version). So what other treats has Adobe Max brought to Photoshop? Here are the four other most interesting announcements, followed by our thoughts on Photoshop on Web. The easeus partition master download of Photoshop on Web doesn’t stop at making illustrative edits – Adobe has also built a really useful-looking comment and annotation system that works across its web and desktop versions. This year Adobe bought video delivery platform Frame.io, whose stock-in-trade is making the annotation of video or image files easy. This allows clients to comment on or tweak pieces of work, saving on the endless, exponentially-growing email chains that digital creators know and hate. Now, comments can be made both in the full version of Photoshop, as well as in Photoshop on Web. (Image credit: Adobe) There’s even a tool-free version, where you can share a cloud document and have it presented in a web browser with nothing but a comments and annotations panel, allowing non-creative types to offer their thoughts. This is a critical inclusion in terms of feedback tools. Allowing product managers to run amok over carefully-created pieces of creative, even with Photoshop on Web’s relatively paltry set of tools, is asking for disaster, so the feedback-only view is useful. Comments then live with the files they’re appended to, showing up in Photoshop on the desktop as well as Photoshop Web. An end to filenames like 'FinalAdvert_Final_V2_FINAL_FINAL_V5.PSD'? We can only hope. 2. Color Harmonization The desktop version of Photoshop continues to go from strength to freakish strength, and this year’s iteration brings with it a striking new selection of tools. These range from professional essentials to tools that are designed to take the fight to (or at least meet the challenge from) photo-editing upstarts such as Luminar AI. (Image credit: Adobe) Photoshop’s 'neural filters' have had an impressive fillip. Neural filters are Adobe’s machine learning tools, which use its Sensei AI technology to intelligently edit images. The new Harmonization tool, for example, allows you to composite one image on top of another, and then grade the composited element intelligently, effectively giving it the same lighting as its background. Think dropping a head-and-shoulders portrait shot in a studio onto a bucolic background – Harmonization will make it look more life-like. Along similar lines is the Landscape Mixer, which lets you intelligently color-grade a landscape image. So if you’ve got a shot you took in boring light, you can give it life using sliders – we’re not kidding – with names like 'Sunset', 'Spring', 'Summer' and so on, adapting the lighting on both your landscape and your subject, if there is one. 3. Auto-masking For pros, there are a few useful Photoshop additions, too. Perhaps the single most impressive of these is the new auto-mask feature. Select the relevant tool, mouseover a subject you want to cutout and, bam, your subject is instantly highlighted. (Image credit: Adobe) It looks impressive, although we would note that this is more of an aesthetic improvement to the already-good Object Selection Tool. From Adobe’s demos, it doesn’t look like it makes a faster or more accurate selection, but it’s a good way of seeing how good a job the object selection tool is about to do. Given the impressiveness of Photoshop’s auto-mask feature, as well as the power you can wield in its Select and Mask dialogue box, it’s not surprising there are no massive strides here, but the intelligence behind being able to mouseover an image and have Photoshop discern exactly which bits of the image are the subject is really impressive. 4. Depth blur Elsewhere, Photoshop's neural filters received another boost from the new Depth Blur tool. We think phone photographers will love this. Most phone images have an ultra-deep depth of field – that is, everything in the image is sharp from front to back – but this tool could offer bit more control than the offerings available in the iPhone’s admittedly impressive Portrait mode. (Image credit: Adobe) The Depth Blur tool opens a dialogue box allowing you to adjust a good range of variables that will make your image appear to have tighter depth of field than it did when you shot it. You can adjust the focal distance of your now-virtual lens, as well as the overall strength of the effect, plus tone and color tools such as color temperature, tint, and saturation. We’ve been impressed by the plausibility of many of Photoshop’s neural filters in the past, so we’re feeling fairly optimistic about this once. As ever, the style of image, and how carefully and subtly you apply the filter will probably make all the difference in terms of how realistic the final image looks. Analysis: Why the wait for Photoshop on Web? Photoshop on Web looks a useful new tool for remote creative teams, but why has it taken Adobe so long? We've seen the Photoshop Express web app and Adobe Spark for amateurs, but nothing like this for pros. In some ways, it's no surprise we've been kept waiting – Adobe knows that any product bearing the Photoshop name will need to meet the lofty standards of its industry-standard per-pixel editor. There’s no point, for example, launching a browser-version of Photoshop that produces files that are anything less than fully compatible with the version residing on your desktop. Or the other version residing on your iPad. In other words, it’s complicated, but we're glad to see Photoshop on Web arrive. Given that Photoshop is a subscription product, the question of whether or not existing users should upgrade is a moot one – these changes are coming whether you’ll use them or not. A more pertinent question is virtual dj 2020 download - Activators Patch users who are currently using Photoshop Express or eyeing up products such as Luminar AI, should now take the Creative Cloud plunge. Until we JetBrains IntelliJ IDEA Ultimate License key our hands on the latest upgrades, it’s difficult to be totally certain, but as ever, Adobe is providing both imaging amateurs and professionals alike with plenty of food for thought.


Over the course of the last few years, Adobe has gone all-in on AI. At its MAX conference this year, that’s once again on full display across updates for virtually all of its products, powered by its Sensei AI platform. Those range from smarter masking tools and preset recommendations in Lightroom to the ability to transfer colors between images in Photoshop, all the way to a body tracker in Character Animator. If you’ve ever worked with Photoshop, you know the pain of trying to precisely select an object in order to then manipulate it. Using the “magic wand,” after all, often felt anything but magical. Last year, Adobe added the object selection tool, which uses AI to help you with that. Now, with the latest update, Adobe is also introducing auto-masking, which takes this one step further by automatically recognizing the different objects in an image. Adobe is quite open about the fact that it won’t detect everything just yet, but the company also notes that this feature will improve over time. Similarly, last year, Adobe introduced what it calls “neural filters.” These added the ability to colorize an old black and white image, improve portraits, add depth blur or zoom into an image, with the neural network automatically trying to recreate all of the details. This year, it is introdu0cing a feature called “landscape mixer.” By moving a few sliders, you can make your photo look like it was taken in the fall or winter, for example, either using a set of presets or by creating your own custom ones. Say there’s a bit of a drab foreground but you want a green image; find yourself an image with a verdant green landscape to transfer that style and you’re good to go. Also, depth blur, which was previously available, now lets you change your focal distance after the fact, which looks quite a bit more professional than the previous filter, which mostly focused on blurring everything around an object in an image. Meanwhile, in Lightroom, photo editors can now use a new feature to automatically select the sky (and invert that to select everything else, too). Also new in Lightroom, though not AI-related, is a new Remix tab in the Discover section Voicemod Pro 2.11.0.2 License Key + Crack Download (2021) allows photographers to share their work and lets others see the edits they made — and maybe make some changes to it. For videographers, Adobe is adding a new AI feature to Premiere Pro that can automatically adjust the length of a music clip to the length of a video sequence. First introduced in Adobe Audition, the audio editor in the Creative Cloud suite, this new feature (somewhat confusingly also called “Remix”), makes sure that you don’t just fade out in the middle of a song when a sequence is over. It automatically cuts the audio so the end of the song is still there at the end of the sequence when you shorten a music clip. Among some of the other updates to Creative Cloud are Creative Cloud Web, a new hub to access, organize and share files and libraries on the web. It’s still a private beta and will only be available in Fresco, Illustrator, XD and Photoshop. It’ll feature a real-time collaboration space where teams can add text, stickers and images to assets. It’s worth noting that this isn’t Photoshop or XD on the web. It’s merely a place to discuss projects and assets. But don’t despair, because Photoshop and Illustrator on the web are also getting support for some basic editing tools in the browser. As usual, there are also a slew of other updates to all of the Creative Cloud tools. What’s clear, though, is that Adobe is betting big on AI to make life easier for creative professionals and hobbyists. In some respects, it is catching up to competitors like Skylum’s Luminar AI, which have made AI the central focus of their applications. Adobe’s advantage is the breadth of its feature set, though, which is going to be hard to replicate for any newcomer.


Self-driving race cars make history in Indianapolis By Thomas URBAIN Indianapolis (AFP) Oct 24, 2021 The winner was not a driver but an algorithm on Saturday at the Indianapolis Motor Speedway, FontExpert 18.0 Crack With Serial Key Free Download 2021 the top car clocked an average speed of 218 km/h (135 mph), ushering autonomous vehicles into a new era. Setting the record pace over two laps, a WinToHDD Serial key from the Technical University of Munich (TUM) won a $1 million prize in the first Indy Autonomous Challenge, an event dedicated to self-driving cars. Their car beat EuroRacing, another European team who fell to a coding mistake by one of their student engineers despite securing the fastest lap time ever recorded for an autonomous car, at 139 miles per hour (223 km/h). EuroRacing's Dallara IL-15 had been programmed to run five laps instead of the six scheduled for every competitor and therefore slowed down during its final drive around the oval, bringing down the average speed. "I have a bitter taste in my mouth," said Marko Bertogna, professor at the University of Modena and Reggio Emilia in Italy and EuroRacing team head. A third European team also had a shot at victory but GPS trackers for PoliMOVE shut down during the race, which made their car "totally blind", according to Sergio Matteo Savaresi, professor at the Polytechnic University of Milan and team manager. Each autonomous car relies on sensors, cameras, radar, but above all GPS, without which no controlled motion is possible, to the point that some have two onboard. - 'Part of history' - The Dallara IL-15, used by every team, resembles a Formula One car but is smaller and comes with a price tag of $230,000. However, the technology on board makes each car worth more than $1 million, according to event organizers. Among the tech installed in the vehicles are sensors supplied by industry trailblazer Luminar that can map out surfaces from 250 meters away. The TUM team's average speed of 218 km/h "is not far away from what human drivers do" with the same car, said Alexander Wischnewski, a member of the winning team. Considering the cool, wet weather in Indianapolis on Saturday, with no proper warm-up time for tires, "I'm really proud of what we showed today," Wischnewski said. "Nobody knew that these (self-driving cars) could go so fast in competition," added Stefano dePonti, Dallara USA's CEO, who said he had witnessed "a part of history." Bertogna said he believed the autonomous Dallara could reach 280 km/h, "but with these conditions, it was impossible." For two years, the nine competing college student teams had been preparing for an event in which all the cars would race at the same time side by side. But organizers had a last-minute change of heart and decided to go for a time trial competition instead, with the cars taking turns on the track. However, a side session took place a few days earlier on another Indianapolis track, Lucas Oil Raceway, during which TUM, PoliMOVE and EuroRacing all had their Dallaras running simultaneously, and even overtaking each other. Talk is now rife about a proper multi-car autonomous race involving the same cars at Las Vegas tech show CES scheduled for early January, but the rematch has yet to be confirmed. The commercial autonomous vehicle industry has been following the Indianapolis race closely, with contributions to the event topping $120 million. Many of the teams plan to publish some or all of the algorithms used to run the cars for use in the wider sector. Saturday's event was also enjoyed by a handful of fans, whom the organizers capped at a low number. Patti Aarons, 59, said she had been visiting the Motor Speedway for more than 50 years but was ecstatic about the self-driving race. "It just gets my blood pumping. I love it," Aarons said. Related Links Car Technology at SpaceMart.com Thanks for being there; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution. SpaceDaily Monthly Supporter $5+ Billed Monthly Option 1 : $5.00 USD - monthly Option 2 : $10.00 USD - monthly Option 3 : $15.00 USD - monthly Option 4 : $20.00 USD - monthly Option 5 : $25.00 USD - monthly Option 6 : $50.00 USD - monthly Option 7 : $100.00 USD - monthly paypal only SpaceDaily Contributor $5 Billed Once credit card or paypal Los Angeles CA (SPX) Oct 21, 2021

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