Ouster Inc.'s stock experienced a significant intraday surge, soaring 8.15% during Friday's trading session.

The sharp rise was primarily driven by the company's announcement of a strategic collaboration with Fujifilm to develop native color lidar technology. The partnership is based on Ouster's Rev8 digital lidar sensor family and combines high-resolution 3D depth data with Fujifilm's color science to deliver colorized lidar sensing for physical AI applications, including robotics, mapping, and AI model training.

The system integrates color and depth sensing on a single chip, which reduces calibration complexity and improves spatial and temporal alignment compared to traditional lidar-camera fusion systems. This news served as a positive catalyst, contributing to a technical recovery for the stock, which had been in an oversold condition following a recent downgrade and profit-taking pressure.