According to Stocktwits, Ouster Inc. (OUST) shares soared to $52.5 on Monday, reaching 54-month highs before paring gains to $49.56, levels last seen in December 2021. The stock surge was driven by renewed investor interest in the company's physical AI and robotics opportunities.
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 company also expanded its manufacturing partnership with Benchmark Electronics to support high-volume production of its Rev8 sensor family across industrial, robotics and automotive applications.