BlackRock, Inc. Increases Stake in Luminar Technologies, Inc.

BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing an increased ownership in Luminar Technologies, Inc. As of September 30, 2025, BlackRock beneficially owns 2,820,740 shares of Luminar's common stock, representing a 4.4% ownership stake. This marks a significant increase from previous holdings, with the value of the shares rising to approximately $3.28 billion. The filing indicates that BlackRock acquired these shares in the ordinary course of business and not with the intent to influence control of Luminar. The shares are held by various business units of BlackRock, and no single entity within BlackRock owns more than 5% of Luminar's outstanding shares. The filing was signed by Spencer Fleming, Managing Director of BlackRock, on October 17, 2025.