The combined company has an intellectual property portfolio with 173 granted and 504 pending patents and a cash balance of over $315 million.

Ouster and Velodyne predict the combined company will save at least $75 million in operating costs within the first 9 months of the transaction’s close. 

Ouster announced that it is reducing its headcount by approximately 10% and spending across the business by over 15%.

Ouster, Inc. announced the release of a 3D industrial lidar sensor suite designed for high-volume material handling applications.

Ouster had its second-highest revenue quarter ever in Q2. Its revenue was driven by growth in the industrial vertical.

The partnership enables MOV.AI customers to quickly integrate Ouster LiDAR units into the AMR platform.

Ouster, a provider of LiDAR sensors, announced a strategic partnership with Vecna Robotics, a developer of autonomous warehouse vehicles. The partnership forecasts that Vecna Robotics will buy approximately 3,000 LiDAR sensors through 2025 to scale its production and better meet customer demands. Ouster’s LiDAR sensors will be used in Vecna’s self-driving pallet trucks, tow tractors…

The Ouster DF series offers short, mid, and long-range LiDARs that create 3D point clouds up to 200 meters away on low reflective objects.

Ouster is buying Sense Photonics to create a new division focused on low-cost, solid state automotive sensors.

Ouster shipped more than 1,460 sensors in the second quarter, which is an 342% increase year over year and a 49% increase over Q1.