Ouster ($OUST) Signs Deal to Supply Over 1,000 OS1 and Alpha PrimeTM Lidar Sensors to May Mobility
May 16, 2023 – TheNewswire - Ouster (NYSE: OUST), a leading global provider of high-resolution scanning digital lidar sensors, and May Mobility have expanded their supply agreements to enhance May Mobility's autonomous vehicle solutions.
The expanded agreement includes a binding commitment for the combined purchase of over one thousand Ouster OS1 and Alpha PrimeTM VLS-128 sensors through 2024. This move comes in response to the rising demand for AV deployments, signaling the growing confidence in the viability of autonomous transportation solutions.
May Mobility has already deployed over 320,000 autonomy-enabled rides and recently launched its third-generation autonomous driving system, aiming for driverless commercial operations.
Angus Pacala, CEO and Co-Founder at Ouster stated: “Our contract expansion is further evidence of our shared values, strong relationship, and the growing demand for accessible, safe and green transportation across the country.”
Edwin Olson, CEO of May Mobility added: “We are rapidly growing our operations and technology and need partners that deliver high-performing, reliable and scalable products to be successful.”
With a global team and high-volume manufacturing, Ouster supports over 850 customers in approximately 50 countries.
Shares of Ouster trade on the NYSE under the ticker symbol OUST. For more information visit www.greenstocknews.com
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