- Ouster, Inc. shares are trading up 16.5% at $46.37 following the expansion of its manufacturing partnership with Benchmark Electronics, Inc. to support high-volume production of its new Rev8 digital lidar sensors.
- The company's Rev8 OS sensor family is designed for industrial, robotics, automotive, and smart infrastructure applications.
- The stock's advance is also supported by a broad tech-led rally across global equities, easing geopolitical tensions due to a US-Iran peace deal, and lower oil prices.