On June 18, Ouster Inc. rose 8.62% in regular trading, trading at $44.36/share, with turnover of $72.61 million. The rally was fueled by a series of commercialization milestones announced in rapid succession.
On June 17, Ouster announced a strategic agreement with AIM Intelligent Machines to retrofit heavy machinery and vehicles into AI-powered autonomous fleets for mining, construction, and defense applications globally. The partnership integrates Ouster's digital lidar systems to enhance autonomous operation precision and safety in complex environments, following the launch of its native-color-capable REV8 sensor.
Additionally, on June 15, Ouster expanded its long-standing manufacturing partnership with Benchmark Electronics to accelerate high-volume production of the next-generation Rev8 OS digital lidar sensors. The manufacturing framework supports annual capacity exceeding 100,000 units with flexibility for future expansion through Benchmark's global network, targeting industrial, robotics, automotive, and smart infrastructure applications.
Ouster designs and manufactures high-resolution digital lidar sensors and enabling software for 3D vision across machinery, vehicles, robots, and fixed infrastructure, headquartered in San Francisco, California.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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