Cloud-backed perception platform for crowd
analytics, security, and intelligent transportation systems
delivers enhanced detection and classification performance while
simplifying installation and monitoring operations
Ouster, Inc. (NYSE: OUST) (“Ouster” or “the Company”), a leading
provider of high-resolution digital lidar sensors for the
automotive, industrial, robotics, and smart infrastructure
industries, announced the launch of Ouster Gemini, its cloud-backed
digital lidar perception platform for crowd analytics, security,
and intelligent transportation systems.
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the full release here:
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Ouster Gemini Digital Lidar Perception
Platform (Graphic: Business Wire)
Ouster Gemini offers the ability to detect, classify, and track
moving objects in real-time using the 3D data from a single or
multiple fused Ouster lidar sensors. Combined with a custom or
third-party analytics solution, customers can gather key insights
and act on alerts to improve safety and security, enhance the guest
experience, boost revenue, and simplify operations.
Customer Benefits
- More accurate and complete data with continuous
situational awareness of pedestrian and vehicle traffic up to 90
meters away, in all weather and lighting conditions, on a single
screen.
- Simplifies operations with fewer sensors at lower cost
than camera-based systems. Quickly install the system, visualize
real-time data, and set automated alerts to reduce physical
operating costs and false alarms.
- Preserves privacy by accurately tracking people and
vehicles through space without collecting personally identifiable
data, mitigating the privacy and liability concerns that come with
cameras.
Key Features and
Capabilities
- Object detection and classification: Accurate detection,
counting, and tracking of hundreds of objects such as pedestrians,
cars, trucks, and bicycles
- Continuous monitoring: Create custom event zones for
analytics and security and alerts to simplify operations
- Replay critical events: Simple, intuitive interface with
recording and playback functionality that can be triggered based on
events in a monitored area
- Ease of development: API supports easy data integration
with existing software solutions and third party analytics
tools
- Digital lidar optimized: Designed for fixed
installations using any Ouster OS series sensor
Ouster Gemini combines Ouster’s advanced digital lidar sensors
with state-of-the-art machine learning and direct input from a
select set of early users to bring the power of digital lidar to
smart infrastructure applications and offer more feature-rich
capabilities to Ouster’s hundreds of customers.
Initial Customers: Select
customers were provided early access to Ouster Gemini to use the
perception platform in live deployments across the U.S. and Europe
to improve retail operations, security, and roadway safety. Within
intelligent transportation systems, Cisco is using Ouster Gemini,
together with the Cisco Edge Intelligence Software, as part of its
connected roadway solutions to provide a state-of-the-art detection
solution for all road users and provide real-time safety alerts.
This combined solution is being deployed in two U.S. states. Within
crowd analytics, Digital Mortar is using Ouster Gemini in a new
convenience store model in New York and New England, analyzing the
full customer journey from outside pump or park to inside store
purchases. OpenSpace Group is also using Ouster Gemini for crowd
analytics to understand passenger flow and boost customer
experience at Euston train station in London. Cubic, another leader
in intelligent transportation systems, is using Ouster Gemini in
conjunction with its Gridsmart computer vision system to enhance
pedestrian and vulnerable road user safety.
“Ouster Gemini is the start of a new stage for Ouster’s
business. By shifting into software sales, we expect to transform
the nature of our customer relationships, evolving from supplying
cutting edge hardware to partnering with our customers to deliver
compelling solutions,” said Ouster CEO Angus Pacala. “Through a
robust software offering, we aim to drive faster lidar adoption,
build new revenue streams, and accelerate the growth of our
business. Ouster Gemini is a powerful first step in what can be a
major inflection point for our company.”
Ouster Gemini is compatible with Ouster OS hardware, including
the all-new OSDome hemispheric sensor. The platform is available
for a subscription fee starting today. For more information, visit
www.ouster.com/software/gemini or reach out to the Ouster sales
team at lidar@ouster.io.
About Ouster
Ouster (NYSE: OUST) is building a safer and more sustainable
future through its high-resolution digital lidar sensors for the
automotive, industrial, smart infrastructure, and robotics
industries. Ouster’s sensors offer an excellent combination of
price and performance with the flexibility to span hundreds of
use-cases and enable revolutionary autonomy across industries. With
a global team and high-volume manufacturing, Ouster supports
approximately 700 customers in over 50 countries. Ouster is
headquartered in San Francisco, CA, with offices in the Americas,
Europe, Asia-Pacific, and the Middle East. For more information,
visit www.ouster.com, or connect with us on Twitter or
LinkedIn.
Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding customer adoption of Ouster Gemini, and
it’s ability to drive faster lidar adoption, build new revenue
streams, and accelerate the growth of our business in different
verticals, transforming the nature of our customer relationships,
evolving from supplying cutting edge hardware to partnering with
our customers to deliver compelling solutions, and setting a new
stage for Ouster’s business, and a powerful first step in what will
be a major inflection point for our company. Forward-looking
statements give Ouster’s current expectations and projections
relating to its financial condition, competitive position,
financial position, future results of operations, plans,
objectives, future orders whether binding or non-binding, and
business. You may identify forward-looking statements by the fact
that they do not relate strictly to historical or current facts.
These statements may include words such as “aim,” “anticipate,”
“estimate,” “expect,” “project,” “plan,” “forecast,” “intend,”
“believe,” “may,” “can,” “will,” “should,” “can have,” “likely,”
“guidance,” “continue,” “could,” “would,” “potentially,”
“preliminary” and other words and terms of similar meaning in
connection with any discussion of the timing or nature of future
operating or financial performance or other events. All
forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially from those that
we expected, including but not limited to Ouster’s limited
operating history and history of losses; the negotiating power and
product standards of its customers; fluctuations in its operating
results; supply chain constraints and challenges; cancellation or
postponement of contracts or unsuccessful implementations; the
adoption of its products and the growth of the lidar market
generally; its ability to grow its sales and marketing
organization; substantial research and development costs needed to
develop and commercialize new products; the competitive environment
in which it operates; selection of its products for inclusion in
target markets; its future capital needs and ability to secure
additional capital on favorable terms or at all; its ability to use
tax attributes; its dependence on key third party suppliers, in
particular Benchmark Electronics, Inc., and manufacturers; its
ability to maintain inventory and the risk of inventory
write-downs; inaccurate forecasts of market growth; its ability to
manage growth; the creditworthiness of its customers; risks related
to acquisitions; risks related to international operations; risks
of product delivery problems or defects; costs associated with
product warranties; its ability to maintain competitive average
selling prices or high sales volumes or reduce product costs;
conditions in its customers’ industries; risks related to legal
proceedings; its ability to recruit and retain key personnel; its
use of professional employer organizations; its ability to
adequately protect and enforce its intellectual property rights;
its ability to effectively respond to evolving regulations and
standards; risks related to operating as a public company; risks
related to the COVID-19 pandemic; risks related to certain of its
warrants being accounted for as liabilities; and other important
factors discussed in the Company’s Annual Report on Form 10-K for
the year ended December 31, 2021, as updated by the Company’s
Quarterly Report on Form 10-Q for the quarter ended September 30,
2022 and as any such factors may be further updated from time to
time in the Company’s other filings with the Securities and
Exchange Commission (the “SEC”), and in other reports the Company
files with or furnishes to the SEC. Any such forward-looking
statements represent management’s reasonable estimates and beliefs
as of the date of this press release. While Ouster may elect to
update such forward-looking statements at some point in the future,
it disclaims any obligation to do so, other than as required by
law, rule or regulation, even if subsequent events cause its views
to change.
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version on businesswire.com: https://www.businesswire.com/news/home/20230104005873/en/
For Investors Sarah Ewing investors@ouster.io
For Media Heather Shapiro press@ouster.io
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