Luminar Technologies no longer operates as a company. It filed for Chapter 11 bankruptcy on December 15, 2025, sold its lidar business (the Iris and Halo sensors) to MicroVision on February 3, 2026, sold its semiconductor subsidiary to Quantum Computing Inc. for $110 million on February 2, and wound down under a liquidation plan that took effect on April 6, 2026. That plan cancelled all Luminar common stock with no payout. If you need an Iris or Halo sensor today, MicroVision is the company that sells them. Dates and amounts below are from Luminar’s and MicroVision’s SEC filings, checked October 19, 2026.
The timeline, from Volvo to liquidation
- Late October 2025: Luminar disclosed in an SEC filing that Volvo Cars, its largest customer, would stop making Luminar’s Iris lidar standard on the EX90 and ES90 from April 2026 and had pushed any decision on the next-generation Halo to 2029 at the earliest, as Electrek reported from the filing. Luminar claimed damages and suspended Iris commitments to Volvo.
- November 2025: Volvo ended the supply contract, according to WardsAuto.
- December 15, 2025: Luminar filed for Chapter 11 in the US Bankruptcy Court for the Southern District of Texas and agreed to sell its Luminar Semiconductor (LSI) unit to Quantum Computing Inc., The Robot Report reported.
- January 26, 2026: MicroVision won the court-supervised auction for the lidar business. Quantum Computing Inc., which had made a $22 million opening bid for those assets, became the backup bidder.
- February 2–3, 2026: both sales closed: LSI to Quantum Computing Inc. for $110 million in cash, and the lidar assets to MicroVision, as recorded in Luminar’s 2025 annual report (Form 10-K). WardsAuto put MicroVision’s price at $33 million.
- April 3 and 6, 2026: the court confirmed Luminar’s Fourth Amended Plan of Liquidation, and it took effect on April 6. Under the plan, all directors and officers resigned, a liquidation trustee took control, and all common stock was cancelled “without consideration,” according to Luminar’s April 6 Form 8-K.
Where Iris and Halo went
MicroVision, a lidar company based in Redmond, Washington, bought assets that its 2026 SEC registration statement describes as primarily Luminar’s worldwide lidar business:
- Iris: a 1550 nm time-of-flight long-range lidar, the sensor that went into the Volvo EX90.
- Halo: the next-generation sensor on the same architecture, with better performance and lower size and cost. It hadn’t reached a production car before the sale.
MicroVision now sells Iris and Halo next to its own sensors: MOVIA (short- to mid-range flash lidar), MAVIN (905 nm long-range) and an FMCW lidar from its January 2026 purchase of Scantinel Photonics. It targets car makers and Tier 1 suppliers, industrial automation, and security and defense customers. In its first-quarter 2026 results, MicroVision said it has ready-to-ship sensor inventory. MicroVision hasn’t published a list price for Iris or Halo; sales go through its business development team.
The semiconductor side went elsewhere. Luminar Semiconductor, which made photonic components, now belongs to Quantum Computing Inc.
What it means if you’re a customer, owner or shareholder
- Companies that bought Iris sensors or development kits: MicroVision is the seller and the contact for supply and engineering support. Luminar’s own support channels ended with the April wind-down.
- Volvo EX90 and ES90 owners: the lidar in your car is part of the vehicle, so service goes through Volvo, not Luminar or MicroVision. We didn’t find a Volvo statement on future software features that use the lidar, so ask your Volvo retailer if that matters to you.
- Former shareholders: the confirmed plan cancelled Luminar common stock with no distribution to shareholders. Creditors are paid from a liquidation trust under the plan’s priority order.
Why it matters for lidar more broadly
Luminar was one of the best-known US makers of long-range automotive lidar, and its 2025 collapse followed one car maker’s decision. Ouster, another US lidar company, sells mainly to industrial, robotics and infrastructure customers; see our Ouster lineup guide. For how hands-free systems in cars are actually sold today, mostly with cameras and radar, see our Rivian Autonomy+ guide.