On August 11, Ouster Inc. rose 8.6% in regular trading, trading at $45.93 USD/share, with turnover of approximately $30.63 million.

On the news front, Ouster announced that its partner Econolite was awarded an expansion contract by the Utah Department of Transportation to deploy Ouster's BlueCity lidar sensor traffic management system at an additional 160 intersections. This contract further validates the commercial scalability of Ouster's smart infrastructure solutions.

The BlueCity platform, which was upgraded in June with the Rev8 digital lidar sensor, features native color lidar capabilities and up to double the detection range of the previous generation. Ouster had previously completed deployment of over 40 BlueCity systems near MetLife Stadium in New Jersey. Additionally, the Rev8 sensor met Build America, Buy America Act standards, making it eligible for federally funded public works projects. The company's Q2 revenue of $54.63 million beat estimates, while its manufacturing partnership with Benchmark Electronics supports annual capacity exceeding 100,000 units.

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