This would involve about 200 sensors, some software, firmware and some recurring revenue. This isn't the sole reason for the run up imo. It will be interesting when the other shoe drops.
This is just one 'vertical'. There is also industrial exemplified by Komatsu and probably John Deere, Robotics exemplified by Amazon's Proteus warehouse robot, and ADAS exemplified by May Mobility. Lots happenin for Ouster.
Italics are mine.
finance.yahoo.com
SAN FRANCISCO, August 14, 2025--( BUSINESS WIRE)-- Ouster, Inc. (Nasdaq: OUST) ("Ouster" or the "Company"), a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life, announced today that Econolite, a trusted leader in intelligent traffic management solutions, was awarded a contract from the Utah Department of Transportation (UDOT) that is anticipated to expand the Ouster BlueCity traffic management solution to over one hundred intersections in Utah.
The expansion award follows a real-world assessment of available detection systems, the success of an initial deployment at over a dozen intersections earlier this year, and a five-year contract between Econolite and UDOT to equip street corners with a dynamic lidar-based detection system. Ouster BlueCity integrates seamlessly with UDOT’s existing traffic signal system, including Econolite Cobalt® traffic signal controllers and EOS firmware, offering dynamic traffic signal interventions that improve safety for vehicles, cyclists, and pedestrians. Econolite plans to expand the solution to intersections and roadways across Cedar City, Ogden, Orem, and Salt Lake City to start.
Ouster Blue City combines 3D digital lidar with perception software for real-time, multimodal traffic signal actuation and analytics, improving safety and efficiency while protecting the community’s privacy. Ouster’s proprietary deep learning AI perception model has been trained on 4 million labeled objects collected from sites encompassing diverse traffic patterns, intersection designs, and environmental conditions, boosting detection accuracy and safety across hundreds of roadways. Leveraging NVIDIA’s high-performance accelerated computing technology, Ouster BlueCity processes vast amounts of 3D lidar data, delivering low-latency object detection, classification, and tracking to improve signal timings and reduce congestion, as well as to support V2X communications and other use-cases such as near-miss detection and wrong-way driving.
"The rapid expansion of Ouster BlueCity across Utah, following its initial deployment this spring, highlights the traffic efficiency and safety benefits of the system," said Ouster CEO Angus Pacala. "Ouster BlueCity is already bringing Physical AI to smart cities around the world, with well over 400 booked and deployed sites across the globe. With hundreds of thousands of signalized intersections in the United States alone, its success is just beginning."
"Econolite is proud to be a long-time UDOT partner in helping modernize Utah’s transportation infrastructure," said Jim Madden, Econolite Vice President of U.S. Sales. "The situational awareness benefits of combining Ouster BlueCity with Econolite’s Cobalt controllers are groundbreaking. Facilitating UDOT’s ability to gather real-time insights into traffic flow, road user behavior, and potential safety risks while enabling dynamic traffic signal control is truly transformative. We look forward to continuing this important ITS work with Ouster and UDOT."
Ouster BlueCity is the first lidar traffic solution to be NEMA TS2 certified with Buy America(n) compliant lidar as a detection system for traffic actuation. Ouster’s digital lidar is also NDAA compliant. For more information, visit: www.ouster.com/bluecity.
About Econolite – Part of Umovity
Econolite is the North American market leader in intelligent traffic management solutions with over 92 years of experience. Econolite has provided more than 160,000 traffic controllers deployed at over 60,000 intersections. Its leading traffic management software has been installed by more than 500 agencies across North America. Econolite prides itself on being the leading One-Stop-Shop provider of traffic management solutions across its four pillars: Cabinets, Controllers, Systems, and Sensors. With nearly 1,000 employees primarily in North America, Econolite drives innovation in traffic management and safety solutions, including connected and automated vehicles research and development. In June 2022, Bridgepoint acquired a majority stake in Econolite, and together with PTV Group, a dynamic partnership was formed. Since 2023, Econolite and PTV Group are united under the brand Umovity. For more information, visit www.econolite.com.
About Ouster
Ouster (Nasdaq: OUST) is a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life across the automotive, industrial, robotics, and smart infrastructure sectors. Ouster’s technology delivers performance, reliability, and affordability to accelerate the adoption of autonomous systems at scale and drive meaningful improvements in safety, efficiency and sustainability. Ouster is headquartered in San Francisco, CA, with offices in the Americas, Europe, and Asia-Pacific. For more information about our products, visit www.ouster.com, contact our sales team, or connect with us on X or LinkedIn. |
