On May 26, Ouster Inc. rose 8.79% in regular trading, trading at $44.81/share, with trading volume of approximately $135 million.
On the news front, Argus Interception and Ouster jointly announced a strategic cooperation agreement to integrate Ouster's advanced digital lidar technology into counter-drone systems, significantly enhancing the precision and operational reliability of Argus's interception platforms. Under the agreement, Ouster will equip ARGUS's A1-Falke net-based interceptors with its digital sensors, and ARGUS will additionally explore interception solutions utilizing Ouster's new Rev8 digital lidar. Financial terms were not disclosed.
This partnership marks a meaningful expansion of Ouster's technology into the defense sector. The stock had previously rebounded approximately 8% on May 22 following a collaboration announcement with Fujifilm to develop native color lidar technology, recovering from a 25%+ correction triggered by a President Capital downgrade from Buy to Neutral. The latest defense-sector deal further reinforces market confidence in the company's ability to diversify its commercial applications and sustain growth momentum.
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