Luminar Launches With 2 New Series Production Manufacturing Partners; First Unit Rolls Off Line
May 13 2021 - 5:31PM
Business Wire
Leading optics and electronics manufacturers
Celestica and Fabrinet team up with Luminar on Iris
Today, Luminar Technologies, Inc. (NASDAQ: LAZR), the global
leader in automotive lidar hardware and software technology,
announced that Celestica Inc. (NYSE, TSX: CLS), a leader in design,
manufacturing and supply chain solutions for the world's most
innovative companies, and Fabrinet (NYSE:FN), a leading provider of
advanced precision optical and electronic manufacturing services,
have each partnered with Luminar to deliver Iris in series
production. This complements Luminar’s in-house advanced
manufacturing facility in Orlando, Florida, which engineers process
and manufacturing technology and techniques to deploy into
production with its manufacturing partners.
Luminar also announced it has achieved its critical milestone of
bringing online the initial production line at Celestica’s facility
in Monterrey, Mexico. [See: The Path to Series Production: Q2 2021
Update.] Production of the inaugural Iris lidar began today. The
facility is automotive qualified with IATF 16949 certification.
“Celestica partners with some of the most innovative companies
in the world, and Luminar is no exception,” said Austin Russell,
Luminar’s Founder and Chief Executive Officer. “Celestica's
experienced team and track record of tackling complex manufacturing
challenges in series production is exactly what Luminar needs to
accelerate manufacturing and deliver for our partners at scale and
with great efficiency. This is complemented with Fabrinet’s deep
experience in cost-effectively scaling complex optical
products.”
“At Celestica, we have earned our reputation for bringing
complex products to market for our customers through our global
supply chain, focus on quality, automation and best-in-class
engineering capabilities,” said Rob Mionis, President and CEO,
Celestica. “Today’s milestone is a proud moment for Celestica as we
help Luminar to accelerate manufacturing and efficiently scale
their innovative lidar technology that we believe will enable the
future of mobility. This partnership represents a huge leap forward
for Luminar and a strategically important win for Celestica.”
About Luminar
Luminar is an autonomous vehicle sensor and software company
with the vision to make autonomy safe and ubiquitous by delivering
the only lidar and associated software that meets the industry’s
stringent performance, safety, and economic requirements. Luminar
has rapidly gained over 50 industry partners, including 8 of the
top 10 global automakers. Last year, Luminar signed the industry’s
first production deal for autonomous consumer vehicles with Volvo
Cars, while also recently striking deals with Daimler Truck AG and
Intel’s Mobileye. Luminar has also received minority investments
from the world’s largest commercial vehicle manufacturer, Daimler
Truck AG, and Volvo Cars, a global leader in automotive safety, to
accelerate the introduction of autonomous trucks and cars at
highway speed. Founded in 2012, Luminar is a nearly 400-person team
with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and
Munich.
For more information please visit www.luminartech.com.
About Celestica
Celestica enables the world's best brands. Through our
recognized customer-centric approach, we partner with leading
companies in Aerospace and Defense, Communications, Enterprise,
HealthTech, Industrial, Capital Equipment, and Energy to deliver
solutions for their most complex challenges. As a leader in design,
manufacturing, hardware platform and supply chain solutions,
Celestica brings global expertise and insight at every stage of
product development - from the drawing board to full-scale
production and after-market services. With talented teams across
North America, Europe and Asia, we imagine, develop and deliver a
better future with our customers.
For further information on Celestica, visit
www.celestica.com.
About Fabrinet
Fabrinet is a leading provider of advanced optical packaging and
precision optical, electro-mechanical, and electronic manufacturing
services to original equipment manufacturers of complex products,
such as optical communication components, modules and subsystems,
automotive components, medical devices, industrial lasers and
sensors. Fabrinet offers a broad range of advanced optical and
electro-mechanical capabilities across the entire manufacturing
process, including process design and engineering, supply chain
management, manufacturing, advanced packaging, integration, final
assembly and test. Fabrinet focuses on production of high
complexity products in any mix and any volume. Fabrinet maintains
engineering and manufacturing resources and facilities in Thailand,
the United States of America, the People’s Republic of China and
the United Kingdom.
For more information visit: www.fabrinet.com.
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Media Nicole Phelan press@luminartech.com
Investors Trey Campbell trey.campbell@luminartech.com
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