Ouster Expands Partnership With LASE PeCO to Deploy Sensors and Software in Europe

MT Newswires Live
02 May

Ouster (OUST) said Thursday it entered an agreement with LASE PeCo to deploy 3D digital lidar technology in Europe.

The multi-million dollar agreement builds on an existing partnership between the companies and will introduce additional sensors and Ouster Gemni perception software licenses to LASE PeCO's European clients, according to a statement.

LASE PeCo will utilize Ouster Gemini across applications like people counting, mobility analytics, and perimeter protection in public spaces and retail environments, the company said.

Shares were up 1.5% in recent trading.

Price: 7.56, Change: +0.13, Percent Change: +1.75

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