Ouster Introduces 3D Industrial Sensor Suite for High-Volume Material Handling Applications
September 14 2022 - 7:00AM
Business Wire
High-resolution industrial sensors for
forklift, port equipment, and autonomous mobile robot (AMR)
manufacturers automating production fleets
Ouster, Inc. (NYSE: OUST) (“Ouster” or “the Company”), a leading
provider of high-resolution digital lidar sensors, announced the
release of a 3D industrial lidar sensor suite designed for
high-volume material handling applications. The industrial line of
high-resolution OS0 and OS1 sensors is configured to meet the
unique requirements of forklift, port equipment, and autonomous
mobile robot (AMR) manufacturers at price points that enable
adoption on high-volume production fleets.
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Ouster's industrial line of
high-resolution OS0 and OS1 sensors for high-volume material
handling applications. (Photo: Business Wire)
“Material handling OEMs and companies manufacturing their own
warehouse robots with unit demand for thousands of sensors require
competitive volume pricing and a unique set of sensor
capabilities,” said Nate Dickerman, Ouster’s President of Field
Operations. “The 3D capabilities of our industrial sensor suite
outperform legacy 2D laser scanners by delivering superior
resolution, range, and field of view without increasing system cost
or complexity. Customers retrofitting their fleets with our
industrial sensors can expect a compelling return on their
investment with improved speed, safety, and fleet efficiency.”
Built to high standards for ruggedness, robustness, and
reliability in all-weather conditions, Ouster’s industrial sensors
can be used both indoors and outdoors, particularly for
applications that require short range detection and an ultra-wide
field-of-view for maneuvering in narrow spaces and dynamic
environments. The industrial sensor suite can help material
handling customers reduce incidents in the warehouse that are a
result of 2D lidar limitations, while also expanding the use of
automated equipment to more shared workspaces.
Industrial Sensor Suite Highlights
- Industry-leading reliability
- High-resolution (128 channels)
- Detects common warehouse obstacles that 2D lidar sensors
miss
- Range up to 100 meters
- Ultra-wide field of view: up to 90º vertical and up to 360º
horizontal
- Rated for indoor and outdoor use in all weather conditions
“Ouster is poised to become the default choice for industrial
automation with the launch of our industrial sensor suite alongside
upcoming chip releases, software, and industrial safety
certifications,” said Ouster CEO Angus Pacala. “With this product
line, we aim to capture a significant share of the $1 billion
market for industrial lidar sensors as customers see the immense
benefits of converting from analog 2D industrial lidar to our
digital 3D lidar suite.”
For more information on Ouster’s industrial sensor suite, read
more or reach out to an Ouster representative at
lidar@ouster.io.
About Ouster
Ouster (NYSE: OUST) is building a safer and more sustainable
future through its high-resolution digital lidar sensors for the
automotive, industrial, smart infrastructure, and robotics
industries. Ouster’s sensors offer an excellent combination of
price and performance with the flexibility to span hundreds of
use-cases and enable revolutionary autonomy across industries. With
a global team and high-volume manufacturing, Ouster supports
approximately 600 customers in over 50 countries. Ouster is
headquartered in San Francisco, CA with offices in the Americas,
Europe, Asia-Pacific, and the Middle East. For more information,
visit www.ouster.com, or connect with us on Twitter or
LinkedIn.
Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding Ouster’s technological advancements,
market opportunities, market growth expectations, potential
pipeline of customers, whether the products will meet the unique
requirements of forklift, port equipment, and autonomous mobile
robot (AMR) manufacturers at price points that enable adoption on
high-volume production fleets, poised to become the default choice
for industrial automation with the launch of our Industrial OS
hardware coupled with upcoming chip releases, software, and
industrial safety certifications, commercial expansion plans
including expecting large volumes to grow revenue while quickly
reducing costs and delivering more profitability through our other
end-markets, anticipated product releases, positioning to capture
market share, and driving near and long term revenue growth.
Forward-looking statements give Ouster’s current expectations and
projections relating to its financial condition, competitive
position, financial position, future results of operations, plans,
objectives, future orders whether binding or non-binding, and
business. You may identify forward-looking statements by the fact
that they do not relate strictly to historical or current facts.
These statements may include words such as “aim”, “anticipate”,
“estimate”, “expect”, “project”, “plan”, “forecast”, “intend”,
“believe”, “may”, “will”, “should”, “can have”, “likely”,
“guidance”, “continue”, “could”, “would”, “potentially”,
“preliminary” and other words and terms of similar meaning in
connection with any discussion of the timing or nature of future
operating or financial performance or other events. All
forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially from those that
we expected, including but not limited to Ouster’s limited
operating history and history of losses; the negotiating power and
product standards of its customers; fluctuations in its operating
results; supply chain constraints and challenges; cancellation or
postponement of contracts or unsuccessful implementations; the
adoption of its products and the growth of the lidar market
generally; its ability to grow its sales and marketing
organization; substantial research and development costs needed to
develop and commercialize new products; the competitive environment
in which it operates; selection of its products for inclusion in
target markets; its future capital needs and ability to secure
additional capital on favorable terms or at all; its ability to use
tax attributes; its dependence on key third party suppliers, in
particular Benchmark Electronics, Inc., and manufacturers; its
ability to maintain inventory and the risk of inventory
write-downs; inaccurate forecasts of market growth; its ability to
manage growth; the creditworthiness of its customers; risks related
to acquisitions; risks related to international operations; risks
of product delivery problems or defects; costs associated with
product warranties; its ability to maintain competitive average
selling prices or high sales volumes or reduce product costs;
conditions in its customers’ industries; its ability to recruit and
retain key personnel; its use of professional employer
organizations; its ability to adequately protect and enforce its
intellectual property rights; its ability to effectively respond to
evolving regulations and standards; risks related to operating as a
public company; risks related to the COVID-19 pandemic; risks
related to certain of its warrants being accounted for as
liabilities; and other important factors discussed in the Company’s
Annual Report on Form 10-K for the year ended December 31, 2021, as
any such factors may be updated from time to time in the Company’s
other filings with the Securities and Exchange Commission (the
“SEC”), and in other reports the Company files with or furnishes to
the SEC. Any such forward-looking statements represent management’s
reasonable estimates and beliefs as of the date of this press
release. While Ouster may elect to update such forward-looking
statements at some point in the future, it disclaims any obligation
to do so, other than as required by law, even if subsequent events
cause its views to change.
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version on businesswire.com: https://www.businesswire.com/news/home/20220914005078/en/
For Investors Sarah Ewing investors@ouster.io
For Media Heather Shapiro press@ouster.io
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