Luminar, Patners with SCM Provider Celestica and Fabrinet

Luminar Technologies

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.”

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