Ouster Signs Multimillion-Dollar Agreement with LASE PeCo to Deploy Lidar-Powered Smart City Solutions in Europe
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Represents
Ouster ’s largest contract for software-attached sales inEurope - Collaboration aims to enhance urban efficiency, safety, and mobility with Ouster Gemini
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LASE PeCo to deploy the Ouster Gemini lidar-powered smart city solution in
LASE PeCo has already installed hundreds of Ouster OS lidar sensors in
The Ouster Gemini perception platform combines 3D digital lidar with AI-powered software to accurately detect, classify, and track people and vehicles in adverse weather and light conditions across a single view. The platform provides spatial awareness and data analytics in a seamless integration with video management systems and traffic controllers. LASE PeCo customers can access their lidar data and manage custom, real-time reporting through LASE PeCo Cloud, its web-based management platform. The data is GDPR compliant and the exclusive property of the customer.
LASE PeCo delivers advanced analytics solutions to multiple cities, supporting their operational and strategic decision-making with precise data and professional expertise. In a recent proof of concept in western
“For over 20 years, LASE PeCo has empowered clients with precise footfall and traffic insights — transforming data into smarter decisions, stronger KPIs, and measurable success,” said
“Digital lidar solutions can greatly improve the operational efficiency and safety of cities,” said
About
LASE PeCo is a full-service provider for intelligent customer and traffic analytics. We offer our clients a complete solution package – from consulting and the selection of suitable hardware to installation and meaningful data evaluation. Our technologies provide precise insights into the customer journey and visitor behavior in retail environments, shopping malls, city centers, and ITS (Intelligent Transport Systems). All systems meet the highest data protection standards. For more information about our solutions, visit www.lase-peco.com, contact our team, or connect with us on LinkedIn.
About Ouster
Ouster (Nasdaq: OUST) is a leading global provider of high-resolution 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. Ouster is headquartered in
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends 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 and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon current plans, estimates and expectations of 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 “will”, “can,” “expect,” “may,” “anticipate,” “intend,” “should,” “plan,” “could,” “offer,” “estimate,” “possible,” “potential,” “pursue,” “demonstrate,” and the negative of these terms 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 the benefits of Ouster’s software offerings and software-attached offerings, product adoption, the total addressable market for Ouster’s products and offerings, impacts on other revenue streams, industry and business trends, Ouster’s business objectives and plans, market growth, and Ouster’s competitive position, all constitute 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 possibility of cancellation or postponement of contracts or unsuccessful implementations; risks related to the adoption of its products and the growth of the lidar market generally, inaccurate forecasts of market growth; Ouster’s ability to respond to evolving regulations and standards; and other important risk factors discussed in the Company’s Annual Report on Form 10-K for the year ended
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