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Ouster (OUST) Stock News, Mar 12, 2021

OUST NYSE

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.

Rhea-AI Summary

Ouster announces the commencement of trading on the New York Stock Exchange under the symbol OUST, marking a pivotal moment in its transition to a public company. CEO Angus Pacala stated that the capital raised will accelerate the adoption of Ouster's lidar technology across various industries. The company has formalized its board with experienced professionals from high-tech sectors to navigate growth. Ouster, a leader in digital lidar sensors, aims for long-term shareholder value by expanding its manufacturing and engagement in core markets.

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FAQ

What is the current stock price of Ouster (OUST)?

Ouster (OUST) last closed at $31.33.

What is the market cap of Ouster (OUST)?

The market cap of Ouster (OUST) is approximately $2.3B.