Daimler Trucks and Torc Partner With Luminar to Enable Automated Trucking – Daimler Trucks Acquires Minority Stake in Luminar - Seite 2

The partnership between Luminar and Daimler Trucks will extend beyond providing critical automotive technology solutions. As part of their joint commitment to safety, the companies will also collaborate on safety standards and operating practices, and make future policy advancements and safety enhancements as a result of the joint program.

About Luminar

Luminar is an autonomous vehicle sensor and software company with the vision to make self-driving safe and ubiquitous by delivering the only lidar and perception platform that meets the industry’s stringent performance, safety, and economic requirements. Luminar has rapidly gained 50 industry partners, including 7 of the top 10 global automotive OEMs. Founded in 2012, Luminar is a 350-person team with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich. For more information please visit www.luminartech.com.

In August 2020, Luminar announced that it has entered into a definitive agreement to merge with Gores Metropoulos, Inc. (“Gores Metropoulos”) (Nasdaq: GMHI, GMHIU and GMHIW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC. Upon completion of the transaction, Luminar will be listed on the Nasdaq under the new ticker symbol “LAZR”.

Daimler Trucks’ and Torc Robotics’ successful collaboration and achievements

Daimler Trucks and Torc Robotics, Blacksburg, VA, based automated driving technology company, started their collaboration in spring 2019. In September of the same year, Torc Robotics became part of Daimler Trucks’ Autonomous Technology Group. Both partners focus on on-road deployment of a Level 4 test fleet, initiation of redesign of truck chassis, formalized rigorous testing protocols, formal truck safety driver certification process, and extended software capabilities. The Autonomous Technology Group is currently extending its testing to New Mexico by building up a new testing center in Albuquerque. Expanding to a new location will support testing and provide data for more use cases of next generation vehicles on public roads starting 2020. Initial public road testing on highways began already in September 2019 in southwest Virginia. Additionally, closed-track road testing is conducted in Madras, OR, at Daimler Trucks North America’s High Desert Proving Grounds.