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.
Ouster and CronAI are combining their award-winning lidar sensor and platform for processing image data at the edge, respectively, for 3D perception for early customers.
Founded in 2015, Ouster has raised $140 million in funding and claims to have 800-plus customers in a variety of industries.
The new OS1-32 lidar sensor from Ouster includes a unique architecture for high-resolution images, as well as a modular cap for ease of integration.
Investments in robots, autonomous vehicles, and related systems totaled at least $1.3 billion in March 2019, down from $4.3 billion in February. On the other hand, automation companies reported $7.8 billion in mergers and acquisitions last month. While that may represent a slowdown, note that many businesses did not specify the amounts involved in their…