Ouster’s Alpha Prime™ sensors will be the
long-range lidar for Motional’s all-electric IONIQ 5 robotaxis
Ouster, Inc. (NYSE: OUST), a leading provider of
high-performance lidar sensors, announced today that Motional, a
global leader in driverless technology, has selected Ouster as the
exclusive provider of long-range lidar sensors for its all-electric
IONIQ 5-based robotaxis. The serial production agreement will see
Ouster supply Motional with Alpha Prime™ VLS-128 sensors through
2026.
A culmination of ten years of lidar development and learning
from millions of road miles, the Alpha Prime™ long-range sensor is
specifically designed for autonomous driving and advanced vehicle
safety at highway speeds. It provides real-time 3D data up to
0.1-degree vertical and horizontal resolution with up to 300-meter
range and 360° surround view.
“The Alpha Prime™ delivers the long-range, high-performance
capabilities we need for our autonomous vehicle,” said Laura Major,
Chief Technology Officer at Motional. “Long-range lidar is an
important part of Motional’s multi-modal sensor strategy, which
includes over 30 sensors carefully integrated into the IONIQ 5
robotaxi design. This sensor suite provides 360-degree vision and
enables safe fully driverless operation across diverse driving
environments and conditions.”
Founded in 2020 as a joint venture between Hyundai Motor Group
and Aptiv, Motional is a leader in driverless technology and
deploys its Level 4 autonomous vehicles (AVs) for ride-hail and
on-demand delivery applications. Motional has unparalleled
commercial experience and has operated a public robotaxi service in
Las Vegas for over five years. Motional has already begun
implementing Alpha Prime™ sensors on its IONIQ 5 robotaxis deployed
for Motional’s commercial operations in Las Vegas and Los Angeles,
and its testing operations in Boston, Pittsburgh, and
Singapore.
“Motional is a leading AV company with large-scale deployments
and strong commercial partnerships,” said Angus Pacala, CEO and
Co-founder at Ouster. “We’re excited to be the exclusive long-range
lidar on Motional’s IONIQ 5 robotaxis being deployed globally. The
Alpha Prime™ is a powerful addition to our product portfolio, and
one that we expect will continue to drive meaningful new business,
particularly for autonomous vehicles.”
About Ouster
Ouster (NYSE: OUST) is a leading global provider of
high-resolution scanning and solid-state digital lidar sensors,
Velodyne Lidar sensors, and software solutions for the automotive,
industrial, robotics, and smart infrastructure industries. Ouster
is on a mission to build a safer and more sustainable future by
offering affordable, high-performance sensors that drive mass
adoption across a wide variety of applications. With a global team
and high-volume manufacturing, Ouster supports over 850 customers
in approximately 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.
About Motional
Motional is a driverless technology company making autonomous
vehicles (AVs) a safe, reliable, and accessible reality. The
company formed in 2020 as a joint venture between Hyundai Motor
Group, one of the world’s largest vehicle manufacturers offering
smart mobility solutions, and Aptiv, a global technology company
that develops safer, greener, and more connected solutions enabling
a more sustainable future of mobility.
Motional is developing and commercializing SAE Level 4
autonomous vehicles for ride-hail and delivery applications. Its
all-electric robotaxis are available for autonomous rides in Las
Vegas and autonomous food deliveries in Los Angeles.
Headquartered in Boston, Motional has operations in the U.S and
Asia. For more information, visit www.Motional.com and follow the
company on Twitter, LinkedIn, Facebook, Instagram, and YouTube.
Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements contained
in Section 27A of the Securities Act of 1933, as amended (the
“Securities Act”) and Section 21E of the Securities Exchange Act of
1934, as amended (the “Exchange Act”). Such statements are based
upon current plans, estimates and expectations of Ouster’s
management that are subject to various risks and uncertainties that
could cause actual results to differ materially from such
statements. The inclusion of forward-looking statements should not
be regarded as a representation that such plans, estimates and
expectations will be achieved. Words such as “anticipate,”
“expect,” “project,” “intend,” “believe,” “may,” “will,” “should,”
“plan,” “could,” “may,” “continue,” “target,” “contemplate,”
“estimate,” “forecast,” “guidance,” “predict,” “possible,”
“potential,” “pursue,” “likely,” and similar expressions are
intended to identify forward-looking statements, though not all
forward-looking statements use these words or expressions. All
statements, other than historical facts, including statements
regarding Ouster’s production supply agreement with Motional and
the benefits of its ongoing relationship with Motional are
forward-looking statements. 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 the important factors discussed in Ouster’s Annual
Report on Form 10-K for the year ended December 31, 2022, as
updated by Ouster’s subsequent filings with the Securities and
Exchange Commission. Readers are urged to consider these factors
carefully and in the totality of circumstances when evaluating
these forward-looking statements, and not to place undue reliance
on any of them. 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 may be required by
law, even if subsequent events cause its views to change.
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version on businesswire.com: https://www.businesswire.com/news/home/20230511005658/en/
Ouster: For Investors Sarah Ewing
investors@ouster.io
For Media Heather Shapiro press@ouster.io
Motional: For Media press@motional.com
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