The combined company has an intellectual property portfolio with 173 granted and 504 pending patents and a cash balance of over $315 million.
LiDAR companies Ouster, Velodyne to merge
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 lays off 10% of staff
Ouster announced that it is reducing its headcount by approximately 10% and spending across the business by over 15%.
Ouster announces 3D industrial sensor suite
Ouster, Inc. announced the release of a 3D industrial lidar sensor suite designed for high-volume material handling applications.
LiDAR maker Ouster brings in $10.3M, but loses $28M in Q2
Ouster had its second-highest revenue quarter ever in Q2. Its revenue was driven by growth in the industrial vertical.
MOV.AI and Ouster partner to advance sensing for mobile robots
The partnership enables MOV.AI customers to quickly integrate Ouster LiDAR units into the AMR platform.
Ouster partners with Vecna Robotics
Ouster’s LiDAR sensors will be used in Vecna’s self-driving vehicles for high-capacity material handling operations.
Ouster introduces DF series solid-state LiDAR sensors
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 Automotive division emerges as Ouster buys Sense Photonics
Ouster is buying Sense Photonics to create a new division focused on low-cost, solid state automotive sensors.
Ouster increases revenue to $7.4M in second quarter
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.
CronAI senseEDGE platform joins Ouster lidar to bring 3D perception to robots, vehicles
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.
Ouster raises $42M Series B for LiDAR sensors
Founded in 2015, Ouster has raised $140 million in funding and claims to have 800-plus customers in a variety of industries.
Ouster releases OS1-32 high-resolution, 32-channel lidar sensor
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.
Robotics investments recap: March 2019
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…