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Ouster, Inc. (symbol: OUST) is a leading provider of advanced lidar sensors, catering to diverse industries such as automotive, industrial, robotics, and smart infrastructure. Founded with a vision to revolutionize autonomous vehicles and drones, Ouster develops high-performance sensor hardware and cutting-edge vision algorithms. The company's state-of-the-art products include high-resolution scanning and solid-state digital lidar sensors, complemented by their Velodyne Lidar sensors and sophisticated software solutions.
Ouster's commitment to innovation is evident as they continuously strive to push the boundaries in sensor technology. Their team of versatile engineers is dedicated to advancing autonomous systems that can navigate and thrive in the complexities of the real world. From coding to hardware development, every team member contributes to accelerating the reality of self-driving cars and drones.
Operating across the Americas, Asia and Pacific, Europe, Middle East, and Africa regions, Ouster derives the majority of its revenue from the Americas. Their strategic partnerships and ongoing projects highlight their significance in the industry.
Stay updated with the latest news and developments from Ouster, Inc., as they continue to lead the charge in transforming the future of autonomous technology.
Ouster, Inc. (NYSE: OUST), a provider of high-resolution digital lidar sensors, announced that CEO Angus Pacala will present at two upcoming investor conferences. The Cowen 2nd Annual Mobility Disruption Conference is scheduled for March 2, 2022, at 1:40 PM ET, and the Berenberg Industrial Technologies Conference will take place on March 3, 2022, at 11:00 AM ET. Interested parties can request one-on-one meetings through their Cowen or Berenberg sales representatives and access presentation webcasts on Ouster's investor relations website.
Ouster, Inc. (NYSE: OUST) reported Q4 2021 revenue of $11.9 million, a 53% sequential increase and 86% year-over-year growth, achieving 30% gross margins. The company shipped over 2,400 sensors, nearly tripling its shipments from the previous year. Full-year 2021 revenue reached $34 million with 27% gross margins. Ouster signed 68 Strategic Customer Agreements, representing around $500 million in potential revenue through 2025. For 2022, the company aims to double its revenue, targeting between $65 million to $85 million, while maintaining gross margins between 25% to 30%.
Ouster, Inc. (NYSE: OUST) has been selected for 110 smart infrastructure projects worldwide, deploying nearly 3,000 digital lidar sensors in 2021. These projects, which focus on intelligent transportation, smart places, and security management, highlight Ouster's significant opportunity in the estimated $2.8 billion market for digital lidar by 2025. The company has established partnerships with over 30 solution providers to enhance digital lidar adoption and aims to expand these deployments further, positioning itself for future growth.
Ouster, Inc. (NYSE: OUST) will report its financial results for Q4 2021 on February 15, 2022, after market close. A conference call to discuss the results is scheduled for 5:00 p.m. ET the same day. Interested participants can register for the call online or access a live webcast. Ouster specializes in high-resolution digital lidar sensors, serving various industries and supporting approximately 600 customers globally. The company aims to enhance safety and sustainability through its innovative technologies.
Ouster (NYSE: OUST) has announced a strategic agreement with Serve Robotics to supply thousands of its OS digital lidar sensors through 2025. This partnership will enhance the safety and efficiency of Serve Robotics' sidewalk delivery robots, integrating Ouster's technology into their autonomy systems. The deal includes a binding commitment for 2023 and a non-binding forecast for additional sensors in the following years. Serve Robotics aims to expand its delivery services, leveraging a growing $1.8 billion addressable market in lidar for robotics by 2025.
Ouster, Inc. (NYSE: OUST), a leader in high-resolution digital lidar sensors, announced that CEO Angus Pacala will present at the Baird Vehicle Technology and Mobility Conference on January 25, 2022, at 2:15 p.m. PT / 5:15 p.m. ET. The presentation will be available via live audio webcast on Ouster's investor relations site. Ouster's sensors cater to various industries, including automotive and robotics, with a global reach, serving approximately 600 customers across over 50 countries. More details can be found on their official website.
Ouster, Inc. announces a strategic agreement with Vecna Robotics to supply approximately 3,000 digital lidar sensors by 2025. This partnership aims to enhance warehouse and logistics automation in response to growing customer demand.
Vecna plans to integrate Ouster’s lidar technology into its autonomous material handling equipment, improving navigation and safety in dynamic environments. This move highlights a significant opportunity in the $2.5 billion industrial lidar market, as current automation levels in material handling remain below 1%.
Ouster, Inc. (NYSE: OUST) showcased its high-resolution digital lidar sensors at CES 2022 in Las Vegas, highlighting their applications in automotive, industrial automation, and smart cities.
The Company introduced its DF series solid-state sensors and OS series scanning lidar, emphasizing their performance in adverse weather conditions.
Partners like Vecna Robotics and Robotic Research demonstrated various autonomous technologies, showcasing Ouster's role in enhancing safety and efficiency across multiple sectors.
Ouster, Inc. (NYSE: OUST) announced its presence at CES Las Vegas 2022, showcasing advanced lidar sensors for automotive, industrial, and robotics applications. From
Ouster, Inc. (NYSE: OUST) has appointed Adam Dolinko as General Counsel, bringing over 25 years of legal expertise in capital markets, corporate governance, and M&A. His past roles include legal leadership in major technology firms like NASDAQ and CSR plc. CEO Angus Pacala highlighted Dolinko's vital role in negotiating high-volume production deals with global automakers. Dolinko expressed excitement about Ouster’s commitment to growth in the digital lidar sector, aiming to enhance safety and connectivity across industries.
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