Ouster, Inc. is trading at $47.13 (+4.90%) after announcing a new partnership with FieldAI, a developer of artificial intelligence for general-purpose robots.

  • Under the collaboration, FieldAI will integrate Ouster's Rev8 native color lidar to improve perception and navigation for its robots in complex environments like construction, mining, and manufacturing.
  • The move is seen as a key step in scaling the deployment of autonomous systems in challenging, real-world settings.
  • The stock reached a new 52-week high following the announcement.