Key insights
- Ouster's integration of Rev8 lidar sensors with NVIDIA Jetson platform enhances 3D perception capabilities for robotics and autonomous systems. This collaboration, leveraging NVIDIA's accelerated computing, could positively influence the autonomous vehicle and robotics sectors, though Ouster's profitability remains a concern.
SAN FRANCISCO - Ouster Inc. (NASDAQ:OUST) announced today the integration of its Rev8 OS digital lidar sensors across the NVIDIA Jetson platform, according to a press release statement.
The Rev8 sensors utilize L4 Ouster Silicon and include what the company describes as native color lidar capability. The sensors offer double the range and resolution compared to previous generations, Ouster stated.
The integration includes dedicated plugins for NVIDIA JetPack software, including Isaac ROS, allowing Rev8 point cloud data to be processed through NVIDIA’s perception pipelines. The sensors are supported within NVIDIA Isaac Sim simulation framework for development and testing purposes.
Ouster’s drivers are designed to work with NVIDIA Jetson AGX Orin and Jetson Thor processors for applications including 3D SLAM, obstacle detection, and sensor fusion.
"Ouster and NVIDIA’s expanded collaboration marks a pivotal moment for the robotics community," said Ouster CEO Angus Pacala. "By integrating our Rev8 sensors with NVIDIA Jetson, we’re ensuring rich, high-fidelity 3D digital lidar data is fully harnessed by NVIDIA’s accelerated computing and development tools."
Ouster is a NVIDIA NPN partner. The company produces digital lidar sensors, cameras, and perception software for industrial, robotics, automotive, and smart infrastructure applications. Ouster is headquartered in San Francisco with offices in the Americas, Europe, and Asia-Pacific.The stock has surged 253% over the past year, currently trading at $28.15 with a market capitalization of $1.77 billion. According to InvestingPro Tips, the company has delivered strong returns over the last month and year, though analysts do not anticipate profitability this year. For investors seeking deeper insights, InvestingPro offers a comprehensive Pro Research Report on Ouster, one of 1,400+ US equities covered with expert analysis and actionable intelligence.
The company did not provide specific availability dates or pricing information for the integrated products.
In other recent news, Ouster Inc. announced its fourth-quarter revenue of approximately $62 million, surpassing the Visible Alpha consensus estimate of $41.2 million. The company also reported a GAAP gross margin of about 60%, exceeding the consensus of 36%. Cantor Fitzgerald reiterated an Overweight rating on Ouster, following these strong financial results. Additionally, Ouster launched its Rev8 family of digital lidar sensors, featuring the first patented native color lidar technology. The new lineup includes the OS0, OS1, OSDome models, and the flagship OS1 Max sensor, which offers a maximum detection range of 500 meters. In personnel news, Cyrille Jacquemet has been promoted to Chief Revenue Officer and will continue to oversee global sales, marketing, and customer success. Jacquemet has been with Ouster since 2018 and has contributed to twelve consecutive quarters of product revenue growth.
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