Ouster Gemini and BlueCity Software Adoption Accelerates in 2024

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Ouster Gemini and BlueCity Software Adoption Accelerates in 2024

2025-03-21 04:07 Last Updated At：04:21

SAN FRANCISCO--(BUSINESS WIRE)--Mar 20, 2025--

Ouster, Inc. (Nasdaq: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors and solutions, today announced its expansive growth during 2024 in the smart infrastructure vertical across intelligent transportation systems, logistics, crowd analytics, and security. Ouster increased its software-attached bookings 1 by over 60% year-over-year, which is expected to increase the Company's cumulative software deployments to more than 700 sites. Demand for Ouster’s software solutions has been predominantly driven by transportation and logistics customers followed by increased adoption in security and crowd analytics.

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Released two years ago, the Ouster Gemini 3D digital lidar perception platform will soon be adopted at over 300 sites around the world. This includes bookings with a major commercial real estate company to monitor foot traffic trends at two of its largest retail properties, which represents the Company’s largest deal to date for crowd analytics. At the beginning of 2025, a leading global technology company renewed its annual Ouster Gemini license for over $1 million dollars, which represents the Company’s largest software deal to date.

The adoption of Ouster BlueCity, the Company’s turnkey traffic management solution, is expected to expand to over 400 sites. Earlier this year, the Company announced that it was awarded a $2 million dollar contract to expand Ouster BlueCity in Chattanooga, Tennessee as part of the largest lidar-powered smart traffic network in the United States. The expansion follows a pilot that resulted in a 100% reduction in near-miss incidents on a high-risk city block. Last week, Ouster’s partner Econolite, announced that it was awarded a contract to deploy Ouster BlueCity in Utah. Notably, Ouster BlueCity received the highest scores in a technical evaluation against six alternative lidar detection system providers.

To capture more of the $19 billion market opportunity for smart infrastructure, Ouster expanded its addressable market with new software features and extended its commercial reach with new partnerships. Specifically, the Company:

“After increasing software-attached bookings over 60%, developing new software features, extending our commercial reach, and expanding our addressable market, I expect to see further adoption of digital lidar solutions within the multibillion dollar market for smart infrastructure in 2025,” said Ouster CEO Angus Pacala. “We see substantial promise in this market and have a dedicated sales effort for this vertical to expand our go-to-market footprint across the Americas, EMEA and APAC.”

About Ouster

Ouster (Nasdaq: OUST) is a leading global provider of high-resolution scanning and solid-state 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 San Francisco, CA with offices in the Americas, Europe, and Asia-Pacific. For more information about our products, visit www.ouster.com, contact our sales team, or connect with us on X or LinkedIn.

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 “expect,” “will”, “may,” “anticipate,” “intend,” “should,” “plan,” “can,” “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, 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 December 31, 2023, as updated by the Company’s most recent Quarterly Report on Form 10-Q and as may be further updated from time to time in the Company’s other filings with the SEC. Readers are urged to consider these factors carefully and in the totality of the 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.

Detained Istanbul mayor faces second day of questioning as protests over his arrest intensify

2025-03-23 01:38 Last Updated At：01:41

ISTANBUL (AP) — Hundreds of supporters gathered in front of an Istanbul courthouse on Saturday, where detained Istanbul Mayor Ekrem Imamoglu faced further questioning over allegations of corruption and terror links. His arrest this week intensified political tensions and sparked widespread protests across Turkey, with demonstrators rallying in multiple cities to voice their opposition.

Police questioned Imamoglu for around five hours on Saturday as part of an investigation into allegations of aiding the outlawed Kurdistan Workers’ Party, or PKK, the Cumhuriyet newspaper reported. A day earlier he was questioned for four hours over the corruption accusations. The mayor rejected all charges during both interrogations.

He was later transferred to a courthouse for questioning by prosecutors along with some 90 other people who were also detained with him.

The authorities barred access to the courthouse using barricades on local roads and closing nearby metro stations. Hundreds of police officers and over a dozen water cannon trucks were deployed. Still, hundreds gathered in front of the building shouting: “Rights, law, justice!”

Crowds also began to rally outside the city hall for a fourth night in a show of support to the mayor.

Interior Minister Ali Yerlikaya posted on social media that 343 suspects had been detained in protests in major cities on Friday night, adding “There will be no tolerance for those who seek to violate societal order, threaten the people’s peace and security, and pursue chaos and provocation.” The cities listed included Istanbul, Ankara, Izmir, Adana, Antalya, Canakkale, Eskisehir, Konya and Edirne.

The mayor, who is a popular opposition figure and seen as a top challenger to President Recep Tayyip Erdogan, was detained on Wednesday following a dawn raid on his residence over allegations of financial crimes and links to Kurdish militants. Dozens of other prominent figures, including two district mayors, were also detained.

Many view the arrest as a politically driven attempt to remove a popular opposition figure and key challenger to Erdogan in the next presidential race, currently scheduled for 2028. Government officials reject accusations that legal actions against opposition figures are politically motivated and insist that Turkey’s courts operate independently.

His arrest has ignited protests that have steadily increased in intensity.

On Friday, police in Istanbul used pepper spray, tear gas and rubber bullets to push back hundreds of protesters who tried to break through a barricade in front of the city’s historic aqueduct while hurling flares, stones and other objects at officers. Police also dispersed groups that had rallied outside of the city hall for a third night running, after the opposition Republican People’s Party leader, Ozgur Ozel, delivered a speech in support of the mayor.

Simultaneously, police broke up demonstrations in Ankara, the capital, as well as in the Aegean coastal city of Izmir, resorting to forceful measures at times, according to television images. Thousands marched in several other cities calling on the government to resign.

Earlier, Erdogan said the government would not tolerate street protests and accused the opposition party of links to corruption and terror organizations. Authorities in Ankara and Izmir meanwhile announced a five-day ban on demonstrations, following a similar measure imposed earlier in Istanbul.

“An anti-corruption operation in Istanbul is being used as an excuse to stir unrest in our streets. I want it to be known that we will not allow a handful of opportunists to bring unrest to Turkey just to protect their plundering schemes,” Erdogan said.

Imamoglu’s arrest came just days before he was expected to be nominated as the opposition Republican People’s Party’s presidential candidate in a primary on Sunday. Ozel has said that the primary, where around 1.5 million delegates can vote, will go ahead as planned.

The opposition party has also urged citizens to participate in a symbolic election on Sunday — through improvised ballot boxes to be set up across Turkey — to show solidarity with Imamoglu.

In a tweet posted shortly before his arrival at the courthouse, Imamoglu urged the public to safeguard the ballot boxes for Sunday’s primary, “Don’t forget: they are very afraid of you and your democratic right to vote.”

In an earlier message, Imamoglu described his arrest as a “coup" and accused the government of exploiting the judiciary and worsening the country’s troubled economy.