On June 15, Ouster Inc. rose 12.42% in regular trading, trading at $47.13/share, with turnover of $51.75 million. The surge was driven by the announcement that Ouster has expanded its long-standing manufacturing partnership with Benchmark Electronics to ramp up high-volume production of its new Rev8 OS digital lidar sensors.
The expanded partnership establishes a manufacturing framework supporting annual capacity of more than 100,000 units, with flexibility for future expansion through Benchmark's global network. The Rev8 sensors target industrial, robotics, automotive, and smart infrastructure applications and are designed for cost-efficient, high-volume production to support broader adoption.
This production scale-up follows a series of recent commercial milestones, including the successful deployment of over 40 BlueCity lidar traffic management systems around MetLife Stadium for the FIFA World Cup, a strategic partnership with FieldAI for autonomous perception solutions, and the initiation of coverage by Roth Capital with a Buy rating and a $75 price target. The confluence of capacity expansion and accelerating commercial traction continues to bolster market confidence in Ouster's technology commercialization 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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