9 Best Lidar Stocks to Buy Right Now

4. Ouster, Inc. (NASDAQ:OUST)

Number of Hedge Fund Holders: 23

Ouster, Inc. (NASDAQ:OUST) is one of the best lidar stocks to buy right now. On September 15, the lidar sensor manufacturer entered into a strategic partnership with Constellis, a security services company. The two are joining forces to integrate Ouster’s Gemini technology into Constellis’ LEXSO platform.

Under the terms of the agreement, Ouster’s digital lidar sensors and AI software are to serve as the foundational intelligence layer for LEXSO Constellis’ operational intelligence platform. The platform stands out in combining multiple sensing technologies, including lidar, radar, thermal imaging, acoustic detection, and video analytics.

“Constellis’ deep operational expertise, network, and reputation make them an invaluable partner in deploying Ouster Gemini for critical and large-scale security operations,” said Ouster CEO Angus Pacala.

Ouster and its strategic partner aim to provide advanced 3D situational awareness across challenging weather and lighting conditions by integrating the two systems.

Ouster, Inc. (NASDAQ:OUST) designs and manufactures high-resolution digital lidar sensors and software for applications in the automotive, industrial, robotics, and smart infrastructure sectors. Its technology provides high-performance 3D perception data, enhancing safety, efficiency, and sustainability in various automated systems.