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Ouster, Inc. reports developments in sensing and perception for Physical AI across industrial, robotics, automotive, and smart infrastructure markets. Its news commonly covers digital lidar sensors, camera vision products, AI compute, sensor fusion and perception software, and customer deployments for automation, robotics and traffic infrastructure.
Recurring updates include the Rev8 OS digital lidar family powered by L4 Ouster Silicon, native color lidar capabilities, NVIDIA Jetson ecosystem integrations, Ouster BlueCity traffic-management deployments, and Stereolabs camera products such as the ZED X Nano. Company announcements also address quarterly results, product revenue trends, lidar and camera shipments, commercial leadership, partnerships and completed acquisition integration.
Ouster, Inc. (NYSE: OUST) announced that CEO Angus Pacala will present at the Bank of America Securities 2022 Global Automotive Summit on April 13, 2022, at 12:40 p.m. PT. Ouster specializes in high-resolution digital lidar sensors, serving various industries including automotive and robotics.
Investors interested in one-on-one meetings can contact their Bank of America sales representative. For more details, visit the Ouster investor relations page.
Ouster (NYSE: OUST) and Tacticaware, a Hexagon (Nasdaq Stockholm: HEXA B) company, announced the launch of Ouster x Accur8vision, a joint security solution targeting the multibillion physical security market. This solution integrates Ouster's 3D digital lidar technology with Hexagon's security software to enhance monitoring capabilities across diverse environments, including airports and commercial properties. The new system aims to reduce false alarms and improve security accuracy, positioning Ouster to capitalize on a market projected to reach $153 billion by 2023.
Ouster (NYSE: OUST) has announced the launch of the Chronos chip, a custom digital lidar silicon receiver designed for the DF series of sensors aimed at mass production vehicles. This innovative chip enhances performance and efficiency, supporting levels of automation from L2 to L5. Scheduled for tapeout in late 2022 and integration into sample units in 2023, the DF series is expected to reach mass market by 2025. The Chronos chip meets stringent automotive safety standards, positioning Ouster as a leader in the lidar market.
Ouster, Inc. (NYSE: OUST) announced a strategic agreement with Third Wave Automation to deliver over 5,000 digital lidar sensors by 2025. These sensors will enhance robotic material handling vehicles, crucial for Third Wave's autonomous solutions. The partnership aims to modernize supply chain automation in the growing $2.1 billion industrial lidar market. As demand for automation rises, Ouster is positioned to capitalize on opportunities in the material handling equipment sector, projected to grow from $212 billion in 2019 to $321 billion by 2027.
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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.