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Ouster Stock Hits 52-Week High of $62.07, Market Cap Surpasses $4 Billion on AI and Defense Expansion

Stocks AI Industry News

2026-06-30 17:04:28

According to Uanalyze, LiDAR sensor manufacturer Ouster (OUST-US) stock reached a 52-week high of $62.07 on July 1, with market capitalization surpassing $4 billion. The stock has surged 190% over the past year, driven by expanding applications in artificial intelligence, autonomous driving, smart infrastructure, and defense markets. In May, Ouster signed a strategic partnership with counter-drone technology firm Argus Interception to integrate its 3D LiDAR technology into the A1-Falke anti-drone system for improved target detection and interception accuracy. The company's products also comply with the U.S. Build America, Buy America Act, enabling inclusion in government-funded infrastructure projects covering smart roads, traffic management, and public safety.

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