Ouster shares rise 5.32% premarket after announcing a multimillion-dollar lidar sensor supply agreement with Komatsu.

Ouster, Inc. rose 5.32% in premarket trading, driven by the announcement that the company will supply lidar sensors for Komatsu's suite of autonomous mining equipment. This multimillion-dollar agreement positions Ouster as a key player in the autonomous technology sector, with benefits such as zone monitoring and routine firmware updates that continuously improve the performance of the stack and accelerate product development.