Ouster Inc Stock Price, News & Analysis

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.

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%.