Investor Relations

Q3 2023 Luminar Quarterly Business Update

Nov 8, 2023 5:00 pm EST

Understanding the Importance of Running at Rate

October 9, 2023

Latest Financial Results

$17.0M

Q3 Revenue was $17.0M, up 33% YoY.

$321.0M

Cash, Cash Equivalents & Marketable Securities were $321.0M as of Sept 30, 2023.

Source: Q3 2023 Earning Press Release

For complete information regarding our financials, see our periodic filings

FY'22 Highlights

Luminar’s Major 2022 Milestones

Luminar met or exceeded all four of its key 2022 business milestones.

Source: CES Press Release

1. Iris Series Production Readiness:

Luminar achieved this milestone in October of 2022 when Luminar’s Iris lidar successfully entered series production with the launch of SAIC’s Rising Auto R7.

3. Commercial Programs:

Luminar exceeded its target of 60% year-over-year (YoY) growth by securing new major commercial program wins on multiple consumer vehicle models in the fourth quarter.

2. Software:

Luminar achieved a beta milestone for its Sentinel software suite in Q4, which it demonstrated to the public at CES.

4. Forward-Looking Order Book:

The company exceeded its target of 60% YoY forward-looking order book growth.

1. Iris Series Production Readiness:

Luminar achieved this milestone in October of 2022 when Luminar’s Iris lidar successfully entered series production with the launch of SAIC’s Rising Auto R7.

2. Software:

Luminar achieved a beta milestone for its Sentinel software suite in Q4, which it demonstrated to the public at CES.

3. Commercial Programs:

Luminar exceeded its target of 60% year-over-year (YoY) growth by securing new major commercial program wins on multiple consumer vehicle models in the fourth quarter.

4. Forward-Looking Order Book:

The company exceeded its target of 60% YoY forward-looking order book growth.

thesis

Our Investment Thesis

Our vision is to eradicate vehicle accidents and we are poised to make this dream a reality.

Market Opportunity

$150B+
TAM in 2030


We address a massive and growing technology market for next-generation vehicle safety & autonomy

Commercial Momentum

Launching into vehicles starting 2022

Typographic logo for Volvo.
Typographic logo for RISING AUTO's R7 vehicle.

Major commercial wins with global automakers

Logo for the Mercedes-Benz
Typographic logo for SAIC Motor
Typographic logo for Polestar

50+ PARTNERS

Well Capitalized Path to Profitability

We have sufficient capital and a sizeable cushion to fuel our path to profitability


Luminar has excellent access to public markets, having raised $1.4 billion since 2020

Leading Technology

Our breakthrough lidar hardware and software was built from the chip-level up to usher in a new era of vehicle safety and autonomy

Learn More

Building for Scale

We achieved series production in October 2022, and expect our higher volume production facility in Monterrey, Mexico to enable exponential scale starting 2H’23.

Leaders in Tech & Automotive

We have attracted leaders from across the tech and automotive industries including Apple, Nvidia, Tesla, PACCAR, and automotive tier 1’s.

Austin Russell
Jason Eichenholz
Tom Fennimore
Alan Prescott

Partnered with Industry Giants

IR Contacts

Corporate Office

Luminar Technologies, Inc.
2603 Discovery Drive
Suite 100
Orlando, FL 32826
United States

Investor Relations

investors@luminartech.com

Transfer Agent

American Stock Transfer & Trust Company, LLC
6201 15th Avenue
Brooklyn, NY 11219
T: 800-937-5449
help@astfinancial.com
https://www.astfinancial.com