Ouster, Inc. (NASDAQ:OUST) shares traded higher on Wednesday as investors continued to react to the company's growing momentum in defense and autonomous technology markets. • Ouster stock is showing upward movement. Why are OUST shares climbing?What Is Driving Ouster’s Recent Momentum?The latest catalyst came after Ouster announced a strategic partnership with ARGUS Interception GmbH to integrate its digital lidar technology into the A1-Falke counter-drone interception platform.The companies said the collaboration aims to improve precision and reliability in non-kinetic drone defense systems, protecting critical infrastructure and public spaces.ARGUS also plans to evaluate Ouster's Rev8 lidar platform for next-generation interception capabilities, further expanding Ouster's defense opportunity.Separately, Rosenblatt analyst Kevin Cassidy reiterated a Buy rating on Ouster and raised the price target to $53 from $40.Ouster Stock: Key Levels and Momentum IndicatorsThe trend is still firmly up on a multi-month basis, with the stock up 309.93% over the past 12 months and now pressing the top of its 52-week range: high: $45.95; low: $10.61.Momentum looks extended: RSI is 74.42, in overbought territory, which is a quick way to gauge when a move may be getting "stretched" versus its recent pace.