Ouster Partners with Danfoss to Accelerate the Adoption of Lidar in Mobile Off-Highway Vehicles
01 July 2021 - 10:00PM
Business Wire
Danfoss will integrate Ouster’s sensors within
its PLUS+1® Development Platform
Ouster, Inc. (NYSE: OUST), a leading provider of high-resolution
digital lidar sensors for the industrial automation, smart
infrastructure, robotics, and automotive industries, today
announced that it has partnered with Danfoss Power Solutions to
accelerate the adoption of Ouster’s digital lidar sensors and
provide seamless, turnkey implementation for end users. Danfoss
Power Solutions is a world-class provider of mobile hydraulic and
electrification products and solutions for the construction,
agriculture and other on-highway and off-highway vehicle markets,
supporting OEM customers and its network of distribution
partners.
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Ouster sensors will be the first lidar hardware to be offered
through the Danfoss PLUS+1® Partner Program, which is engineered to
expedite the development process and bring higher quality machines
to market faster. This integration is intended for remote machine
management, operator assistance, row following, obstacle avoidance,
and task automation.
“We are excited to bring such a great partner and technology
onto our PLUS+1® Platform. This partnership will enable our
customers to quickly and easily integrate Ouster lidar into their
systems, improving our customers’ time to market and increasing
their ability to incorporate operator assist and autonomous
solutions into their machines,” said Peter Bleday, Head of
Autonomous Vehicles at Danfoss Power Solutions.
PLUS+1® Partner Program is a select group of companies with
complementary products -- including microcontrollers, joysticks,
hydraulic pumps, and radar sensors -- that integrate into PLUS+1®
systems the same way all Danfoss hardware components do. Ouster’s
OS sensors will be a part of the PLUS+1® Autonomy offering,
including the new XM100 Autonomous Controller and PLUS+1®
Autonomous Control Library (ACL). The Ouster compliance block is
expected to be released in the fourth quarter of 2021 with a beta
version available today for select customers.
“Ouster is excited to partner with Danfoss as we seek to enable
greater levels of autonomy across the industrialized economy with
our digital lidar. The Danfoss PLUS +1® Platform’s control
interface makes it easy for OEMs and other customers to adopt our
sensors on robotic machinery, whether it be indoor warehouse robots
or autonomous tractors in the field. We expect the offering to
reduce integration time and the end application’s time to market,”
said Nate Dickerman, President of Field Operations at Ouster.
About Danfoss
Danfoss engineers advanced technologies that enable us to build
a better, smarter and more efficient tomorrow. In the world’s
growing cities, we ensure the supply of fresh food and optimal
comfort in our homes and offices, while meeting the need for
energy-efficient infrastructure, connected systems and integrated
renewable energy. Our solutions are used in areas, such as
refrigeration, air conditioning, heating, motor control and mobile
machinery. Our innovative engineering dates back to 1933 and today
Danfoss holds market-leading positions, employing 27,000 people and
serving customers in more than 100 countries. We are privately held
by the founding family. Read more about us at www.danfoss.com.
About Ouster
Ouster (NYSE: OUST) invented its digital lidar in 2015 and is a
leading manufacturer of high-resolution digital lidar sensors used
throughout the industrial automation, smart infrastructure,
robotics, and automotive industries. Ouster’s sensors are reliable,
compact, affordable and highly customizable, laying the foundation
for digital lidar ubiquity across endless applications and
industries. Already hundreds of customers have incorporated Ouster
lidar sensors in current products or those in development for
imminent commercial release. 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 adoption of its products by OEMs,
suitability of the applications for certain automated applications,
potential supply demand for Ouster’s sensors, financial outlook and
market positioning. Forward-looking statements give Ouster’s
current expectations and projections relating to our financial
condition, results of operations, plans, objectives, future
performance and business. You can 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 “anticipate”, “estimate”, “expect”, “project”, “plan”,
“intend”, “believe”, “may”, “will”, “should”, “can have”, “likely”
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: Ouster’s
limited operating history and history of losses; the adoption of
its products and the growth of the lidar market generally; the
competitive environment in which it operates; its future capital
needs; its ability to adequately protect and enforce its
intellectual property rights; its ability to effectively respond to
evolving regulations and standards relating to applications in
which its products are frequently used; its reliance on a
third-party manufacturer; the timing of revenue from existing
customers; uncertainties related to Ouster’s estimates of the size
of the markets for its products and future revenue opportunities;
and other important factors discussed in the Company’s final
prospectus and definitive proxy statement, dated February 12, 2021,
filed with the Securities and Exchange Commission (the “SEC”), as
updated by the factors disclosed in the section titled “Risk
Factors” in its Current Report on Form 8-K filed with the SEC on
March 15, 2021, and in other reports the Company files with or
furnishes to the SEC. Any such forward-looking statements represent
management’s 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, even if subsequent events cause its views to change.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210701005233/en/
Ouster: For Investors Sarah Ewing
investors@ouster.io For Media Heather Shapiro
press@ouster.io Danfoss: For Media Lee Lodge PR
Manager, Life Size Media lee@lifesizemedia.com +44 (0)7812 076
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