SAN FRANCISCO–(BUSINESS WIRE)–Ouster, Inc. (NYSE: OUST) (“Ouster” or “the Company”), a leading provider of high-resolution digital lidar sensors, announced the release of a suite of 3D industrial lidar sensors designed for high-volume materials processing applications. The industrial line of high-resolution OS0 and OS1 sensors are configured to meet the unique requirements of forklift, port equipment, and Autonomous Mobile Robot (AMR) manufacturers at price points that enable adoption on high-volume production fleets .
“Materials OEMs and companies manufacturing their own warehouse robots with a unit demand of thousands of sensors require competitive volume pricing and a unique set of sensor capabilities,” said Nate Dickerman, president of field operations. of Ouster. “The 3D capabilities of our industrial sensor suite surpass legacy 2D laser scanners by delivering superior resolution, range and field of view without increasing system cost or complexity. Customers who modernize their fleets with our industrial sensors can expect a compelling return on investment with improved fleet speed, safety and efficiency.
Built to high standards for ruggedness, robustness and reliability in all weather conditions, Ouster’s industrial sensors can be used indoors and outdoors, especially for applications that require close range detection and an ultra-wide field of vision for maneuvering in tight places. dynamic spaces and environments. The suite of industrial sensors can help material handling customers reduce incidents in the warehouse resulting from the limitations of 2D lidar, while extending the use of automated equipment to more shared workspaces.
Industrial Sensor Suite Highlights
High resolution (128 channels)
Detects common warehouse obstacles that 2D lidar sensors miss
Range up to 100 meters
Ultra-wide field of view: up to 90° vertical and up to 360° horizontal
Designed for indoor and outdoor use in all weather conditions
“Ouster is poised to become the default choice for industrial automation with the launch of our industrial sensor suite as well as upcoming releases of industrial safety chips, software and certifications,” said Angus Pacala, CEO of Ouster. “With this product line, we aim to capture a significant share of the $1 billion market for industrial lidar sensors, as customers see the immense benefits of converting from analog 2D industrial lidar to our digital 3D lidar suite.”
Ouster (NYSE:OUST) is building a safer, more sustainable future with its high-resolution digital lidar sensors for the automotive, industrial, smart infrastructure and robotics sectors. Ouster’s sensors offer an excellent combination of price and performance with the flexibility to cover hundreds of use cases and enable breakthrough autonomy across industries. With a global team and high-volume manufacturing, Ouster supports approximately 600 customers in over 50 countries. Ouster is headquartered in San Francisco, California, with offices in the Americas, Europe, Asia Pacific and the Middle East. For more information, visit www.ouster.comor join us on Twitter Where LinkedIn.
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Ouster’s technological advancements. , market opportunities, market growth expectations, potential customer pipeline, whether the products will meet the unique requirements of forklift, port equipment, and autonomous mobile robot (AMR) manufacturers at price points that allow their adoption on high-volume production fleets, poised to become the default choice for industrial automation with the launch of our industrial operating system hardware coupled with upcoming chip releases, software and industrial security certifications , business expansion plans, including the expectation of large volumes to increase revenues while rapidly reducing costs. ts and delivering more profitability in our other end markets, planned product releases, positioning to capture market share and drive short- and long-term revenue growth. Forward-looking statements give Ouster’s current expectations and projections regarding its financial condition, competitive position, financial condition, future results of operations, plans, objectives, future orders, whether binding or not. , and its activities. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “aim”, “anticipate”, “estimate”, “expect”, “project”, “plan”, “expect”, “intend”, “believe”. , “may”, “will”, “should”, “could have”, “probably”, “guidance”, “continue”, “could”, “will”, “potentially”, “preliminary” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operational or financial performance or other events. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those we expected, including, but not limited to, Ouster’s limited operating history. and loss history; the bargaining power and product standards of its customers; fluctuations in its operating results; supply chain constraints and challenges; cancellation or postponement of unsuccessful contracts or performances; the adoption of its products and the growth of the lidar market generally; its ability to develop its sales and marketing organization; the substantial research and development costs required to develop and market new products; the competitive environment in which it operates; selection of its products for inclusion in target markets; its future capital requirements and its ability to obtain additional capital on favorable terms or not at all; its ability to use tax attributes; its dependence on major third-party vendors, particularly Benchmark Electronics, Inc., and manufacturers; its ability to maintain inventory and the risk of inventory impairment; inaccurate forecasts of market growth; its ability to manage growth; the solvency of its customers; risks related to acquisitions; risks related to international operations; the risks of problems or failures to deliver the products; costs associated with product warranties; its ability to maintain competitive average selling prices or high sales volumes or reduce product costs; conditions in its customers’ industries; its ability to recruit and retain key personnel; its use of professional employers’ organisations; its ability to adequately protect and enforce its intellectual property rights; its ability to respond effectively to changing regulations and standards; risks associated with operating as a public company; risks related to the COVID-19 pandemic; risks relating to the recognition of certain of its warrants as liabilities; and other important factors discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as such factors may be updated from time to time in the Company’s other filings with of the Securities and Exchange Commission (the “SEC”), and in other reports the Company files or provides to the SEC. These forward-looking statements represent the reasonable estimates and beliefs of management as of the date of this press release. Although Ouster may choose to update these forward-looking statements at some time in the future, it disclaims any obligation to do so except as required by law, even if subsequent events change its views.