Luminar Results Presentation Deck
On track to achieve key 2023 milestones
and financial guidance
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Business Milestones
Industrialization / Scale
Target: Bring high-volume, automated manufacturing MX
facility online; Meet automaker SOP requirements.
Status: On track. Facility online ahead of guidance.
Optimization & validation underway. Rapid progress to meet
automaker SOP requirements by year-end.
Execute Product & Technology Roadmap
Target: Enter Iris+ C phase; Build next-gen LiDAR prototype;
Complete software² requirements for Volvo, Mercedes SOPS.
Status: On track. Iris+ validation underway in Q2.
Successfully delivering software to Volvo and Mercedes.
Grow the Business
Target: Grow Order Book' by at least $1 Billion.
Status: On track. Signing deals across hardware, software/AI,
and semiconductors with new and existing customers.
Please refer to slide 16 in Appendix for Footnotes 1 and 2.
Financial Guidance (unchanged)
2023 Revenue
≥100% growth vs FY'22
Gross Margin (Non-GAAP)
Positive by Q4'23
Cash / Liquidity
>$300M at year-end 2023
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