OUST is trading 10.5% up today at $34.11, boosted by news of a commercial expansion with Gecko Robotics.
- Gecko Robotics is integrating Ouster's newly launched Rev8 native color lidar sensors into its Cantilever operating platform to enhance industrial infrastructure inspections.
- The deal highlights rapid commercial traction for Ouster’s Rev8 family, which was just released earlier this month and offers double the range and resolution of previous models.
- The positive development helped Ouster extend its recovery from last week's pullback, outperforming a generally flat broader U.S. market.