LiDAR maker Ibeo files for insolvency - The Robot Report

In a collaboration with Airbus, Ibeo tested autonomous driving under special safety requirements on an airport tarmac. Ibeo Automotive Systems GmbH, a global provider of LiDAR sensors, has filed for insolvency and the Hamburg insolvency court has granted insolvency proceedings in self-administration. The company is continuing operations in all divisions in Hamburg, Germany, Eindhoven, Netherlands, and Detroit, Michigan at full capacity. Ibeo's management remains fully in charge of operations during the company's self-administration. Currently, its management team is examining restructuring options for the company and leading the search for a new investor.