Home / Market Activities / Alliances & Acquisitions / Ouster announces the launch of OS1 LIDAR and $27 million in Series A funding

Ouster announces the launch of OS1 LIDAR and $27 million in Series A funding

Ouster, a San Francisco-based developer of LIDAR technology emerged from stealth announcing the launch of the company’s new OS1 model LIDAR, and $27 million in Series A funding, led by Cox Enterprises.

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Ouster announces the launch of OS1 LIDAR and $27 million in Series A funding

The OS1 represents a step-change in LIDAR sensing technology that is available on the market today, with marked improvements in mass, form factor, and power requirements. The 64-channel LIDAR sensor, which also matches the resolution of the highest performing automotive LIDAR technology on the market today, has begun shipping to customers, and is rapidly ramping up commercial-scale production at a price point approximately 85% below that of its competition.

Ouster’s Series A funding will primarily be used for the manufacturing and the continued development of its next sensor designs. The company anticipates manufacturing capacity in the tens of thousands of sensors in 2018 based on its current product design, and Ouster’s product roadmap supports continually improving resolution, range, and alternative form factors.

 

About Piyush Rajan

Asst. Editor |Telematics Wire | Smart automotive

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