Ouster, Inc.
(NASDAQ:OUST) stock traded higher in Wednesday's premarket session after the company expanded its strategic agreement with AIM Intelligent Machines.
Ouster, AIM Expand Partnership Ouster signed a strategic agreement with AIM Intelligent Machines to supply digital lidar sensors for AI-powered autonomous heavy earthmoving equipment used in mining, construction and defense.
The agreement expands the companies' multi-year partnership and secures a high-volume supply of Ouster's lidar sensors as AIM scales deployments.
AIM also plans to integrate Ouster's new Rev8 native color digital lidar to improve 3D perception, object classification and edge computing in complex industrial environments.
