Ouster and Velodyne announced the successful completion of their merger of equals, effective February 10, 2023. The combined company will keep the name Ouster and continue to trade on New York Stock Exchange under the ticker “OUST.” Velodyne shares will be converted into Ouster shares at the conversion ratio set forth in the merger agreement. For full details on the merger of equals, please refer to the joint press release issued on February 13, 2023.

Building the eyes of autonomy

Ouster, Inc.'s (NYSE: OUST) disruptive digital approach to lidar is accelerating the technology’s ubiquitous adoption across various end markets and driving the realization of an autonomous future. Replacing complex legacy analog architectures, Ouster’s simplified semiconductor-based technology allows it to decouple price from performance and accelerate product development, manufacturing, and customer adoption. Ouster envisions a future where its digital technology will enable lidar to become truly ubiquitous, playing a key role in the autonomy revolution that will change innumerable aspects of our economy and daily lives.

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