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Showing posts with the label #Austin Russell

25 yr old Entrepreneur/Billionaire Overnite

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  Austin Russell's Luminar Technologies                                                Source:  Austin Russell Autonomous Driving Tech with Lasers Leading the Way This morning, 25 year old entrepreneur Austin Russell woke up a billionaire.  His company Luminar Technologies of Florida went public yesterday on the Nasdaq.  By the end of day, it hit $22.98 a share with a market value of $7.8 billion.  Russell founded the company at the age of 17.  He owns more than 100 million shares and his net worth overnight skyrocketed to $2.4 billion. He has created lidar sensor technology that uses lasers to power autonomous vehicles.  His technology is considered breakthrough.  Forbes is calling Russell the world's youngest, self-made billionaire. Lidar & Laser Tech with Big Investors Backing It Luminar Technologies' (LAZR) lidar tech utilizes lasers to bounce off the car's surroundings and lets it see where it is going.  It provides 360 degree surroundings' intelligence to