Ouster ($OUST) Deploys Retrofit Kits for Autonomous Tractors as part of Multi-Year Supply Agreement
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March 14, 2023 – TheNewswire - Ouster (NYSE: OUST) and Fieldin have announced the largest known deployment of retrofit autonomy kits for autonomous tractors in the agricultural industry.
Fieldin, a leading AgTech company, plans to deploy over 100 autonomy retrofit kits on tractors, each equipped with an Ouster OS1, to major customers across the United States in 2023.
The autonomy kits offer various levels of automation features, including auto-steering and other driving assistance capabilities, autonomous spraying, and fully autonomous driving functionality. These features can drive improved operational efficiency and significant cost reductions, as the autonomous farming equipment market expected to reach $95 billion by 2027.
Fieldin Co-founder and Chief Autonomy Officer Yonatan Horovitz stated: “Fieldin is modernizing agricultural management from beginning to end to optimize operations and reduce costs, while making a positive global contribution through better food, higher yields, and environmental impact management.”
Headquartered in San Francisco CA, Ouster is a leading global provider of lidar for the automotive, industrial, robotics, and smart infrastructure industries. With a global team and high-volume manufacturing, Ouster supports over 850 customers in over 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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