Welcome to our dedicated page for Ouster news (Ticker: OUST), a resource for investors and traders seeking the latest updates and insights on Ouster stock.
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.
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Ouster, Inc. (NYSE: OUST) has announced the effective date of its 1-for-10 reverse stock split, which occurred on April 20, 2023. Trading on a split-adjusted basis will commence on April 21, 2023. This reverse split consolidates every 10 shares into one and adjusts the exercise terms for outstanding warrants. No fractional shares will be issued; they will be rounded up to the nearest whole share. The exercise price for warrants will also be proportionally adjusted. Ouster aims to enhance shareholder value by improving its stock price and maintain its commitment to delivering high-performance lidar sensors across various industries.
Ouster, Inc. (NYSE: OUST) will report its Q1 2023 financial results on May 11, 2023, after market close. The company specializes in high-resolution digital lidar sensors for various industries, including automotive and robotics. A conference call will take place the same day at 5:00 p.m. ET to discuss the results. Interested parties can register for the call via the company's website or listen to a live webcast. Additionally, a replay will be available for 30 days on Ouster’s investor page. Ouster aims to promote a safer and sustainable future through affordable sensors, supporting over 850 customers across approximately 50 countries.
Ouster, Inc. (NYSE: OUST) announced it received a non-compliance notice from the New York Stock Exchange (NYSE) on April 12, 2023, due to its stock closing below $1.00 over a 30-day trading period. To address this issue, Ouster plans a one-for-ten reverse stock split, effective April 21, 2023. The company has a six-month window to regain compliance with NYSE listing standards, during which its stock will continue trading on the exchange. The notice does not affect the current listing status, and Ouster remains committed to enhancing its business in high-performance lidar sensors across various industries.
Ouster (NYSE: OUST) has filed a patent infringement complaint against Hesai Group (Nasdaq: HSAI) with the U.S. International Trade Commission and in Delaware courts, seeking to block imports of Hesai's lidar sensors that allegedly infringe on five Ouster patents. Ouster, a leader in high-performance lidar technology, claims that Hesai has unlawfully incorporated its patented technologies into competing products. This action follows a prior infringement case in 2019 where Hesai paid Velodyne Lidar millions in settlement. Ouster's patents reflect significant investments in digital lidar technology, positioning the company as a key player in the market, and Ouster intends to vigorously protect its intellectual property to maintain competitive advantage.