Hesai Group (HSAI) : 2-year performance

Hesai Technology engages in the development and manufacture of three-dimensional light detection and ranging (LiDAR) solutions. The Company’s LiDAR products enable a broad spectrum of applications across passenger and commercial vehicles with advanced driver assistance systems (ADAS) and autonomous vehicle fleets (autonomous mobility). Hesai's technology also empowers robotics applications such as last-mile delivery robots and logistics robots in restricted areas. 

• Sector: Consumer Cyclical
• Industry: Auto Parts
• Founded in 2014 
• Headquartered in Shanghai, China
• https://www.hesaitech.com

IPO: February 9, 2023; offered 10.0 million American Depositary Shares (“ADSs”), at US$19.00 per ADS, for a total offering size of US$190.0 million

Ticker: HSAI

 

 

 

Luminar Technologies (LAZR) : 3-month performance

• Luminar Technologies Inc started trading as a public company on Thursday under the ticker symbol LAZR, marking the second Silicon Valley firm to go public while working to deliver a key sensor for self-driving cars.
• Luminar makes a lidar sensor, which helps gives vehicles a three-dimensional view of the road. It became public through a merger with Gores Metropoulos Inc, a special purpose acquisition company, or SPAC, a shell company that uses proceeds from an IPO to acquire a private company, typically within two years.