Luminar Design Win with NVIDIA Hyperion 8 Platform

The Six Five team talks about the Luminar design win with NVIDIA Hyperion 8 Platform.

Watch the clip here:

If you are interested in watching the full episode you can check it out here.

Disclaimer: The Six Five Webcast is for information and entertainment purposes only. Over the course of this webcast, we may talk about companies that are publicly traded and we may even reference that fact and their equity share price, but please do not take anything that we say as a recommendation about what you should do with your investment dollars. We are not investment advisors and we do not ask that you treat us as such.


Patrick Moorhead: Luminar also had earnings that they announced yesterday and I think the highlight there, in addition to its further productization of all its stacks out there was an 89% increase in revenue. And for a growing startup like this, a public startup, think it was a pretty awesome feat.

Daniel Newman: Yeah. We’ve kind of just pivoted from topic two to three, which was Luminar and Pat, you pointed out the growth. You and I had the chance during F1 to actually meet with Austin Russell. And I’ve had a chance at IA over in Germany. And I continue to be impressed by this company. It’s revenue wise, it’s still very early days but the company has increasingly been selected to really take the LIDAR and long range LIDAR into the next generation. As we move from L2 Plus, which is a lot of what we still end up talking about to L4, long range LIDAR is going to be a critical element and component. Traditional sensors and vision cannot accomplish the same thing and I had the chance when I was at IA in Germany to actually witness this hands on. Seeing a child running out from a truck and that the LIDAR was able to identify and stop a vehicle where a traditional L2 Plus driver assisted technology is not capable of doing so.

This particular win here, look, on time, not on time, that’s a discussion we can have with whether or not NVIDIA is getting there. But everybody’s goal is to get to L4, is to get to fully autonomous, safe, fully autonomous driver in and out of the loop to be able to enable next generation of smart cities, connected environments. And so NVIDIA is putting a real timestamp on it though. To their credit, they’re saying in 2024, they’re going to be able to provide the technology to OEMs that is going to enable fully autonomous vehicles to be commercially sold on the road.

Speaking of on the road, Pat, that’s the name of our, when we take our podcast to our client events. It case anybody is looking for that.

Anyway, but for Luminar, it’s a great validation. You’re talking about a company like NVIDIA that’s been paramount to the development of Tesla software and that has worked very closely with Tesla over the years. You’re looking at a company that has design wins for vast majority of major OEMs and a company that’s expected to be playing a very significant role. Luminar’s won companies like Volvo. They’ve won companies like Polaris, which has an upcoming de-SPACing for their vehicle business, which is super interesting. And, Austin Russell is a really compelling, really passionate guy. I’m interested in seeing how this comes out to the next level but it’s never a bad thing as you’re a rising company to be endorsed and put in as the primary design win or in a new product like Luminar was by NVIDIA.

Pat, let’s rock on. You okay with that?

Patrick Moorhead: Yeah, I think I’m okay with that.

Daniel Newman: Did we get that one? Did I get it? Did I cover it?

Patrick Moorhead: You nailed it.

Author Information

Daniel is the CEO of The Futurum Group. Living his life at the intersection of people and technology, Daniel works with the world’s largest technology brands exploring Digital Transformation and how it is influencing the enterprise.

From the leading edge of AI to global technology policy, Daniel makes the connections between business, people and tech that are required for companies to benefit most from their technology investments. Daniel is a top 5 globally ranked industry analyst and his ideas are regularly cited or shared in television appearances by CNBC, Bloomberg, Wall Street Journal and hundreds of other sites around the world.

A 7x Best-Selling Author including his most recent book “Human/Machine.” Daniel is also a Forbes and MarketWatch (Dow Jones) contributor.

An MBA and Former Graduate Adjunct Faculty, Daniel is an Austin Texas transplant after 40 years in Chicago. His speaking takes him around the world each year as he shares his vision of the role technology will play in our future.


Latest Insights:

On this episode of The Six Five – On The Road, hosts Daniel Newman and Patrick Moorhead welcome Intel’s Greg Lavender and Sandra Rivera for a conversation on Intel’s AI Portfolio during Intel Innovation in San Jose, California.
A Ride-Hailing Service Powered by 100% Renewable Energy
Clint Wheelock, Chief Research Officer at The Futurum Group, examines Waymo’s announcement that it has decided to focus its efforts and investment on Waymo One, its ride-hailing service.
From Digital Transformations To Periodic Software Reviews, Increased Visibility Can Help Reduce Costs and Improve Application Utilization
Keith Kirkpatrick, Research Director at The Futurum Group, covers WalkMe’s Digital Adoption Platform and discusses why the tool is useful for organizations that are expanding or consolidating their software tech stacks.
Are Consulting Firms Best Positioned To Lead Enterprise AI Transformation?
Mark Beccue, Research Director at The Futurum Group, examines the EY and BCG announcements about major AI initiatives and how these offerings will affect the market.