<p>Luminar Technologies, a manufacturer of LiDAR sensors for autonomous vehicles, CEO Austin Russell announced that the company has acquired the optoelectronics and laser module business of UK-based Gooch &amp; Housego (G&amp;H) to expand its semiconductor business. Building on the acquisitions of three companies last year - laser manufacturer Freedom Photonics, custom chip design company Black Forest Engineering, and optoelectronic detector company Optogration - the company established the semiconductor division Luminar Semi. The semiconductor division is now achieving a balance between revenue and expenses, and following the acquisition of EM4 under G&amp;H, it will further expand into the aerospace and defense sectors. Russell stated that the company now has over 100 active customers and projects spanning multiple fields</p>

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<p>Luminar announces acquisition of the laser module division of UK-based G&H to expand its semiconductor business</p>

- Luminar Technologies CEO Austin Russell announced the acquisition of Gooch & Housego's optoelectronics and laser module business to expand its semiconductor operations, following previous acquisitions to establish Luminar Semi. 
- The semiconductor division, now breaking even, aims to venture into aerospace and defense sectors after acquiring G&H's EM4. 
- With over 100 active clients across various fields, the company is strategically broadening its market presence.

Luminar announces acquisition of the laser module division of UK's G&H to expand its semiconductor business