The Secret of LAZR

Before the market, $Luminar Technologies (LAZR.US)$ soared by 60%! The reason is that it has finalized a cooperation plan with $NVIDIA (NVDA.US)$ to use its own technology in Nvidia's autonomous driving platform. Who is Nvidia? The GPU field has a small presence, and its R&D capabilities are terrifying. Nvidia's ability to select LAZR's technical solution shows that LAZR does have its advantages, which is equivalent to the industry's authoritative certification.

Austin Russell, the founder of LAZR, is only 26 years old this year. He is an optical genius himself. Entering the field of lidar can be said to have done what he does best. Before LAZR entered the field of lidar, $Velodyne Lidar (VLDR.US)$ was the leader in this field, but due to the limitation of the technical route, the mechanical lidar made out of it was stupid and expensive (that is, $Baidu (BIDU.US)$ and other companies self-driving to test the equipment above the head of the car), after LAZR entered the game, it directly cut into the solid-state lidar. Since 2012, it has accumulated a deep technical reserve! (You read that right, LAZR was founded in 2012, when the founder Austin Russell was only 17 years old!)