Ouster (company) explained

Ouster, Inc.
Location:San Francisco, California, United States
Type:Public
Key People:
  • Angus Pacala (CEO)
  • Mark Frichtl (CTO)[1]
Industry:Lidar
Products:Lidar
Num Employees Year:December 2022
Revenue: (2022)
Operating Income: (2022)
Net Income: (2022)
Assets: (2022)
Equity: (2022)
Footnotes:[2]

Ouster, Inc. is an American lidar technology company headquartered in San Francisco, California. It builds high-resolution, digital 3D lidar sensors for use in autonomous vehicles, industrial, robotics, drones, mapping, defense, and security systems.[3] [4] [5]

Its sensors produce images from ambient infrared, with software that enables a vehicle's sensing and mapping functions.[6] [7]

History

Angus Pacala and Mark Frichtl founded Ouster in 2015, along with two other former Stanford University classmates, after working at laser-based sensing company Quanergy.[8]

In December 2017 the company launched out of stealth, raising a $27 million series A.[9]

In 2019 Ouster raised an additional $60 million in a round led by Runway Growth Capital, with contributions from Silicon Valley Bank, Cox Enterprises, Constellation Tech Ventures, Fontinalis Partners, and Carthona Capital — bringing the company’s total raised to $90 million.[10] [11]

In March 2021, Ouster completed a merger with Colonnade Acquisition, a special-purpose acquisition company and became publicly traded on the New York Stock Exchange.[12]

In October 2021, Ouster agreed to buy Sense Photonics in an all-stock deal valued around $68 million at the time of the announcement.[13] On completion, Ouster said it would establish Ouster Automotive, a new business arm, which will be headed by Sense CEO Shauna McIntyre.[14]

In November 2022, Ouster and Velodyne Lidar agreed to merge in an all-share transaction in which the combined business will be split evenly between the two companies' existing shareholders.[15] The merger completed in February 2023, with the combined company retaining the Ouster name.[16]

Operations

Ouster produces three main categories of lidar sensors with varying sizes and range: the OS0, OS1, and OS2. These are manufactured in its production facilities in the United States and Thailand. The company has worked with firms in over 15 different industries across 50 countries.[17]

In 2019, Ouster opened new offices in Paris, Shanghai, and Hong Kong in order to scale its business. The same year Ouster sensors were installed in Postmates’ 'Serve' Autonomous Delivery Rovers operating on sidewalks of Los Angeles, Kodiak’s trucks operating in Texas adopted its sensors for testing. For the 2019 DARPA SubT challenge coal mines of Pennsylvania, its lidar sensors were mounted on drones.[18] [19] [20] Ouster lidar sensors are used to provide vehicles with the ability to sense, classify, and understand its immediate environment.[21] [22] [23]

Ouster was selected by autonomous trucking startup Ike as Lidar supplier to bring its automated trucking to market.[24] It is also working with Coast Autonomous to produce self-driving passenger shuttles and autonomous utility vehicles.[25] Ouster has also been working with NVIDIA and Volvo Trucks to develop self-driving systems for commercial use.[26]

In 2020 Ouster partnered with Chinese robotics company iDriverplus to provide lidar sensors for autonomous cleaning robots. During the COVID-19 state of emergency, the two companies partnered to outfit a fleet of robots with OS1-64 lidar sensors. The unmanned cleaning and disinfection vehicles were equipped with lidar sensors on the top and front of the robots providing 360° 3D environmental monitoring and obstacle recognition.[27]

Models

!Name!OS0!OS1!OS2
ModelGen 2[28] Gen 2Gen 2
AnnouncedJanuary 2020January 2020January 2020
Channels32, 64, or 12832, 64, or 12832, 64, or 128
Range55 m120 m240 m
Minimum Range0 m0 m0 m
Precision±1.5 – 5 cm±1.5 – 5 cm±1.5 – 5 cm
Field of View (Vertical)90°45°22.5°
Angular Resolution (Vertical)0.7°0.35°0.18°
Field of View (Horizontal)360°360°360°
Angular Resolution (Horizontal)512, 1024, or 2048512, 1024, or 2048512, 1024, or 2048
Rotation Rate10 or 20 Hz10 or 20 Hz10 or 20 Hz
Data Points Per Second2,621,4402,621,4402,621,440
Power Consumption14 – 20 W14 – 20 W18 - 24 W
Operating Voltage24 V nominal24 V nominal24 V nominal
Weight445 g455 g930 g
Diameter85 mm85 mm119.6 mm
Height (with cap)73.5 mm73.5 mm98.5 mm

Awards and recognition

Notes and References

  1. Web site: Ouster's Management . live . https://web.archive.org/web/20200627174406/https://ouster.com/company/ . June 27, 2020 . July 16, 2020 . Ouster.
  2. Web site: Ouster, Inc. 2022 Annual Report (Form 10-K) . 24 March 2023 . U.S. Securities and Exchange Commission.
  3. News: Deutscher . Maria . January 3, 2019 . With new 128-laser sensor, Ouster ups the ante on LiDAR . Silicon Angle . Emerging Tech . live . July 15, 2020 . https://web.archive.org/web/20200718051201/https://siliconangle.com/2019/01/03/new-128-channel-sensor-ouster-ups-ante-lidar/ . July 18, 2020.
  4. News: Anyadike . Nnamdi . November 3, 2019 . New LiDAR Technologies Boosting Autonomous Driving . Electro Pages . live . July 15, 2020 . https://web.archive.org/web/20200716225812/https://www.electropages.com/blog/2020/03/new-lidar-technologies-boosting-autonomous-driving . July 16, 2020.
  5. News: November 21, 2019 . Ouster Lidar Powers Next Generation Security and Safety Solutions . . live . July 15, 2020 . https://web.archive.org/web/20200716222416/https://apnews.com/e18856f9de99490aa9f14d28dc284743 . July 16, 2020.
  6. News: January 3, 2019 . Ouster introduces OS-1 128 Channel LiDAR Sensor . TAAS Magazine . June 23, 2020.
  7. Web site: Lu . Daniel . Lidar Mapping with Ouster 3D Sensors . live . https://web.archive.org/web/20191205222607/https://medium.com/ouster/lidar-mapping-with-ouster-3d-sensors-35b30ad05f5 . December 5, 2019 . July 15, 2020 . Medium. July 3, 2019 .
  8. News: Crichton . Danny . December 11, 2017 . LiDAR autonomous sensor startup Ouster announces $27M Series A led by auto powerhouse Cox Enterprises . . live . July 14, 2020 . https://web.archive.org/web/20200717003618/https://techcrunch.com/2017/12/11/lidar-autonomous-sensor-startup-ouster-announces-27m-series-a-led-by-auto-powerhouse-cox-enterprises/ . July 17, 2020.
  9. News: Wiggers . Kyle . March 25, 2019 . Ouster raises $60 million to ramp up lidar production . VentureBeat . Entrepreneur . live . July 13, 2020 . https://web.archive.org/web/20200716222547/https://venturebeat.com/2019/03/25/ouster-raises-60-million-to-ramp-up-lidar-production/ . July 16, 2020.
  10. News: Korosec . Kirsten . March 25, 2019 . Lidar startup Ouster raises $60 million in production run-up . . live . July 15, 2020 . https://web.archive.org/web/20200716222644/https://techcrunch.com/2019/03/25/lidar-startup-ouster-raises-60-million-in-production-run-up/ . July 16, 2020.
  11. News: Crichton . Danny . December 11, 2017 . LiDAR autonomous sensor startup Ouster announces $27M Series A led by auto powerhouse Cox Enterprises . . live . July 15, 2020 . https://web.archive.org/web/20200717003618/https://techcrunch.com/2017/12/11/lidar-autonomous-sensor-startup-ouster-announces-27m-series-a-led-by-auto-powerhouse-cox-enterprises/ . July 17, 2020.
  12. News: Ouster to Begin Trading on the New York Stock Exchange Today Under Ticker Symbol "OUST". March 12, 2021. https://web.archive.org/web/20210312132235/http://www.businesswire.com/news/home/20210312005256/en/Ouster-to-Begin-Trading-on-the-New-York-Stock-Exchange-Today-Under-Ticker-Symbol-%E2%80%9COUST%E2%80%9D/. March 12, 2021.
  13. News: Ouster will buy Sense Photonics, drive for more automotive deals . 5 October 2021 . . White . Joseph.
  14. Web site: Lidar developer Ouster agrees to buy Sense Photonics as it takes aim at the auto industry . 5 October 2021 . . Alamalhodaei . Aria.
  15. News: White . Joseph . Malik . Yuvraj . 7 November 2022 . Lidar duo Ouster and Velodyne to merge in all-stock deal . Reuters.
  16. Web site: Rosevear . John . 13 February 2023 . Lidar makers Ouster and Velodyne complete their merger, creating a sector powerhouse . CNBC.
  17. News: Yoshida . Junko . July 14, 2020 . Ouster Takes on Waymo with Lidar Diversity . EE Times . Automotive . live . July 15, 2020 . https://web.archive.org/web/20200715094116/https://www.eetimes.com/ouster-takes-on-waymo-with-lidar-diversity/ . July 15, 2020.
  18. Web site: OS2-128 Long-range lidar sensor . live . https://web.archive.org/web/20200717000238/https://www.ces.tech/Innovation-Awards/Honorees/2020/Honorees/O/OS2-128-Long-range-lidar-sensor.aspx . July 17, 2020 . July 11, 2020 . CES Technology Association.
  19. News: Chen . Yining . November 18, 2019 . Global LiDAR Companies and Their Latest Progresses in 2019: Mechanical LiDAR Suppliers . Trend Force Corp . LED Inside . live . July 15, 2020 . https://web.archive.org/web/20200716232619/https://www.ledinside.com/news/2019/11/global_lidar_companies_progress_2019_mechanical_lidar_suppliers . July 16, 2020.
  20. News: The Robot Report Staff . November 17, 2019 . Ouster releases OS1-32 high-resolution, 32-channel lidar sensor . The Robot Report . live . July 16, 2020 . https://web.archive.org/web/20200717232638/https://www.therobotreport.com/ouster-releases-osi-32-high-resolution-32-channel-lidar/ . July 17, 2020.
  21. News: Williams . Andrew . July 6, 2020 . Lidar Technology in Autonomous Robotic Systems . Novus Light . live . July 16, 2020 . https://web.archive.org/web/20200718051210/https://www.novuslight.com/lidar-technology-in-autonomous-robotic-systems_N10426.html . July 18, 2020.
  22. News: Korosec . Kirsten . July 24, 2019 . Postmates' self-driving delivery rover will see with Ouster's lidar . . live . July 16, 2020 . https://web.archive.org/web/20200716233018/https://techcrunch.com/2019/07/24/postmates-self-driving-delivery-rover-will-see-with-ousters-lidar/ . July 16, 2020.
  23. News: Ohnsman . Alan . July 24, 2019 . New Laser Eyes For Postmates Delivery Robot, Courtesy Of Ouster . . Transportation . live . July 16, 2020 . https://web.archive.org/web/20200716232749/https://www.forbes.com/sites/alanohnsman/2019/07/24/new-laser-eyes-for-postmates-delivery-robot-courtesy-of-ouster/#87cbc3d7fe17 . July 16, 2020.
  24. News: November 5, 2019 . Ouster OS1 lidar sensor an integral component of Ike commercial trucking platform . LiDAR News . live . July 16, 2020 . https://web.archive.org/web/20200716222420/https://lidarnews.com/press-releases/ouster-lidar-enables-ikes-mission-of-safe-automated-trucking/ . July 16, 2020.
  25. News: Trego . Linda . July 29, 2019 . Ouster LiDAR speced in two AVs . Autonomous Vehicle Technology . live . July 16, 2020 . https://web.archive.org/web/20200718060709/https://www.autonomousvehicletech.com/articles/1894-ouster-lidar-speced-in-two-avs?v=preview . July 18, 2020.
  26. News: Yvkoff . Liane . September 18, 2019 . Using Ouster's Lidar, Nvidia Targets 2022 For Commercial Launch Of Self-Driving Vehicles . . Transportation . live . July 16, 2020 . https://web.archive.org/web/20200717002215/https://www.forbes.com/sites/lianeyvkoff/2019/09/18/using-ousters-lidar-nvidia-targets-2022-for-commercial-launch-of-self-driving-vehicles/ . July 17, 2020.
  27. News: Muir . James . May 14, 2020 . Ouster provides iDriverplus with lidar . Autonomous Vehicle International . live . July 16, 2020 . https://web.archive.org/web/20200716222414/https://www.autonomousvehicleinternational.com/news/sensors/ouster-provides-idriverplus-with-lidar.html . July 16, 2020.
  28. Web site: Explore and compare different Ouster digital lidar sensors. 2020-07-30. Ouster. en-US.
  29. News: Cuneo . Elizabeth . January 6, 2020 . Ouster releases two high-resolution digital LiDAR sensors . Autonomous Vehicle Technology . CES 2020 . live . July 10, 2020 . https://web.archive.org/web/20200716222655/https://www.autonomousvehicletech.com/keywords/Ouster . July 16, 2020.
  30. Web site: OS2-128 Long-range lidar sensor . live . https://web.archive.org/web/20200717000238/https://www.ces.tech/Innovation-Awards/Honorees/2020/Honorees/O/OS2-128-Long-range-lidar-sensor.aspx . July 17, 2020 . July 15, 2020 . CES Technology Association.

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