By Christopher Kuo
Ouster shares climbed to a three-year high after the company agreed to provide its digital lidar technology to Argus Interception, which produces counter-drone technology.
Shares of Ouster, a company developing physical interfaces for artificial intelligence, rose 19% Tuesday to $43.90. The company's shares reached a three-year high of $45.42 Tuesday.
Ouster said it formed a strategic agreement with Argus, in which Argus will equip its A1-Falke net-based drone capture technology with the 3D-detection capabilities of Ouster's digital lidar. The A1-Falke system is designed to capture, recover and secure uncooperative drones using multiple sensors and net launchers.
The company said Ouster's digital lidar will improve the precision and reliability of the net-based intercept process.
Write to Christopher Kuo at chris.kuo@wsj.com
(END) Dow Jones Newswires
May 26, 2026 11:13 ET (15:13 GMT)
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