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Ouster Appoints Phil Eyler to Board of Directors
Businesswire· 2025-12-10 21:15
Core Insights - Ouster, Inc. has appointed Phillip M. Eyler to its Board of Directors, who will also serve on the Compensation Committee [1] - Mr. Eyler brings over 30 years of experience in engineering, operations, and business, particularly in hardware and software solutions for automotive and industrial markets [2] - Ouster's CEO, Angus Pacala, expressed confidence that Mr. Eyler's leadership and expertise will significantly benefit the company as it executes its product roadmap and expands into four target verticals [3] Company Overview - Ouster is a global leader in high-performance lidar sensors and intelligent software solutions, focusing on bringing Physical AI to life across various sectors including automotive, industrial, robotics, and smart infrastructure [4] - The company's technology aims to enhance performance, reliability, and affordability, facilitating the widespread adoption of autonomous systems and improving safety, efficiency, and sustainability [4] - Ouster is headquartered in San Francisco, CA, with a presence in the Americas, Europe, and Asia-Pacific [4]
AgEagle Aerial Systems Inc Announces Entry to Purchases Sales Agreement up to $100,000,000 Series G
Globenewswire· 2025-11-06 14:40
Core Insights - AgEagle Aerial Systems Inc. (EagleNXT) has entered into a Securities Purchase Agreement to issue up to 100,000 shares of Series G Convertible Preferred Stock, with an initial sale of 12,000 shares at a conversion price of $1.23 per share [1] - The agreement allows for the potential purchase of an additional 88,000 shares, contingent upon stockholder approval for transactions exceeding 19.99% of the outstanding Common Stock [1] Company Overview - EagleNXT is a prominent developer of high-performance drones, advanced sensors, and intelligent software solutions, providing aerial intelligence globally [2] - The company has conducted over one million flights and is recognized in various sectors including defense, public safety, agriculture, and environmental monitoring [2] - EagleNXT's drone systems have achieved significant industry milestones, including FAA approvals for Operations Over People and Beyond Visual Line of Sight, as well as EASA C2 certification in Europe [2] - The company's sensors are integrated into more than 150 drone models and are referenced in over 100 research publications, highlighting its leadership in precision agriculture and environmental sustainability [2]
Ouster Announces Results for Third Quarter 2025
Businesswire· 2025-11-04 21:10
Core Insights - Ouster, Inc. reported strong financial results for Q3 2025, achieving record shipments of over 7,200 sensors and marking the eleventh consecutive quarter of revenue growth [1][2]. Revenue Performance - The company generated quarterly revenue of $39.5 million, reflecting a 41% increase year over year and a 13% increase sequentially. This growth was primarily driven by demand from smart infrastructure, robotics, and industrial sectors [3][11]. - Significant use cases for the sensors include yard logistics, retail analytics, warehouse automation, last mile delivery, and mapping [3]. Gross Margin Analysis - Ouster's GAAP gross margin was reported at 42%, an increase of 400 basis points year over year but a decrease of 300 basis points sequentially. Non-GAAP gross margin improved to 47%, up 300 basis points year over year and down 400 basis points sequentially [4][19]. Financial Outlook - For Q4 2025, Ouster anticipates revenue between $39.5 million and $42.5 million [5]. Cash Position - As of September 30, 2025, Ouster had cash, cash equivalents, restricted cash, and short-term investments totaling $247 million [11]. Loss and Expenses - The net loss for the quarter was $22 million, which is an improvement of $4 million year over year and a decrease of $1 million sequentially. The adjusted EBITDA loss was $10 million, remaining flat year over year but declining by $4 million sequentially [11][19].
EagleNXT Partners with UAVSICS to Expand Drone Solutions in Chile
Globenewswire· 2025-10-01 12:00
Core Insights - EagleNXT has appointed UAVSICS as the official distributor of its drones in Chile, enhancing its market presence in Latin America [1][5] - The partnership aims to leverage UAVSICS's expertise in sectors like mining, agriculture, defense, and public safety to provide tailored UAV solutions [2][4] - The drone market in Chile is projected to grow significantly, from approximately USD 40-70 billion in 2025 to up to USD 260 billion by 2030, driven by technological advancements and regulatory improvements [5] Company Overview - EagleNXT is recognized for its advanced drone and aerial imaging solutions, with over one million flights conducted globally [7] - The company has achieved multiple industry milestones, including FAA approvals for Operations Over People and Beyond Visual Line of Sight, as well as EASA C2 certification in Europe [7] - EagleNXT's drone systems are utilized across various sectors, including defense, public safety, agriculture, and environmental monitoring [7] Partnership Details - UAVSICS, based in Santiago, Chile, has over a decade of experience in delivering UAV solutions and is well-positioned to meet the needs of local industries [2][4] - The partnership will provide eBee users in Chile with certified technical support and enhanced assistance services, improving operational efficiency [3] - UAVSICS specializes in professional drone solutions for geospatial mapping and industry-specific applications, focusing on fixed-wing drones for high-precision data capture [4]
Ouster Announces Strategic Partnership with Constellis to Bring Physical AI to Advanced Security Operations
Businesswire· 2025-09-15 10:00
Core Insights - Ouster, Inc. has announced a strategic partnership with Constellis to enhance security solutions by integrating Ouster's lidar technology with Constellis's AI-driven sensor fusion platform, LEXSO [1] Company Overview - Ouster, Inc. is recognized as a global leader in high-performance lidar sensors and intelligent software solutions, focusing on bringing Physical AI to various industries [1] - Constellis is a global provider of advanced security and mission support services, indicating a strong presence in the security sector [1] Partnership Details - The partnership aims to create a unified security solution that combines the strengths of both companies, leveraging Ouster's lidar technology and Constellis's AI capabilities [1]