SINGAPORE, Aug 1 (Reuters) - Luminar Technologies ( LAZR )
, a maker of lidar sensors for self-driving cars, has
purchased the optoelectronic components and laser modules
business of Britain's Gooch & Housego ( GCHHF ) (G&H) to expand its
semiconductor operation, its CEO said.
The Nasdaq-listed firm launched its semiconductor arm
Luminar Semi last year based on the prior acquisition of three
companies: laser manufacturer Freedom Photonics, custom chip
design house Black Forest Engineering and photodetector firm
Optogration.
Luminar Semi is breaking even and will further expand into
aerospace and defence following the acquisition of the G&H unit,
EM4, Luminar ( LAZR ) chief executive Austin Russell told Reuters.
"We have now over 100 active customers and programs across
the board for Luminar Semiconductor," the 29-year founder said
in his first interview on Luminar's ( LAZR ) chip business.
"Companies are leveraging the same IP and technology that we
had first developed for our Lidar systems for the broader
sensing industry," he said.
Lidar, which stands for light detection and ranging, shoots
out light pulses that are reflected off objects, allowing
self-driving systems and driver-assistance software to gain a
three-dimensional map of the road. Many self-driving companies
and experts regard it as a crucial component, especially during
low-light situations.
Russell declined to comment on the size of the deal, which
was agreed in March, but G&H said that month that it had sold
EM4 to a U.S. tech company in a deal worth up to $12 million
without naming the buyer.
Clients for Luminar's ( LAZR ) chip business range from the U.S
Department of Defence and the National Aeronautics and Space
Administration (NASA) to technology companies, Russell said.