On June 15, Ouster Inc. rose 8.04% in pre-market trading, trading at $42.85/share, with turnover of $2.3856 million.
On the news front, Ouster announced an expansion of its long-standing manufacturing partnership with Benchmark Electronics to ramp up high-volume production of its new-generation Rev8 OS digital lidar sensors. The manufacturing framework supports annual capacity of more than 100,000 units, with flexibility for future expansion through Benchmark's global network. The sensors are designed for cost-efficient, high-volume production targeting industrial, robotics, automotive, and smart infrastructure applications.
This partnership expansion follows a series of recent positive developments, including the successful deployment of over 40 BlueCity lidar traffic management systems at MetLife Stadium highways ahead of the FIFA World Cup, a strategic collaboration with FieldAI leveraging Rev8 technology for autonomous perception solutions in extreme environments, and a buy rating initiation from Roth Capital with a $75 price target — representing significant upside from current levels. The cumulative momentum of commercialization milestones and capacity scaling continues to bolster investor confidence in the company's growth trajectory.
(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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