Movement Alert｜Ouster Inc. Rises 8.98% in Regular Trading, Rev8 Mass Production Partnership and Heavy Machinery Expansion Catalysts Continue

Market Focus06-22

On June 22, Ouster Inc. rose 8.98% in regular trading, trading at approximately $49.10 per share, with turnover of $93.71 million. The rally was driven by continued market enthusiasm over a series of recent commercialization milestones.

On the news front, Ouster recently announced an expanded long-term manufacturing partnership with Benchmark Electronics to accelerate high-volume production of its next-generation Rev8 OS digital lidar sensors. The manufacturing framework supports annual capacity exceeding 100,000 units and offers flexibility for future expansion through Benchmark's global network. Additionally, Ouster formed a strategic agreement with AIM Intelligent Machines to retrofit heavy machinery in mining, construction, and defense sectors with AI-powered digital lidar systems for autonomous operations.

These catalysts mark an acceleration in Ouster's commercialization trajectory, spanning industrial, robotics, automotive, and smart infrastructure applications. The combination of scaled manufacturing capacity and new vertical market penetration has continued to bolster investor confidence in the company's revenue growth outlook.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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