Ouster Inc.'s stock surged 7.80% in pre-market trading on Tuesday, indicating strong investor interest ahead of the regular session.
The significant price movement follows the company's announcement that it is bringing its REV8 Native Color Lidar to the Nvidia Drive Hyperion platform for autonomous vehicle development. This integration positions Ouster's advanced lidar technology within a leading autonomous driving ecosystem, potentially expanding its market opportunities in the rapidly growing self-driving vehicle sector.