Ouster Stock Soars 27% to 301st in Trading Volume Ranking After Defense Department Approval

Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 11, 2025 8:00 pm ET1min read

On June 11, 2025, Ouster's trading volume reached $34.1 million, marking a 364.89% increase from the previous day. The stock ranked 301st in terms of trading volume for the day.

(OUST) rose by 27.01%, marking its fourth consecutive day of gains, with a total increase of 47.97% over the past four days.

Ouster Inc. saw a significant surge in its stock price following the U.S. Department of Defense's approval of its OS1 digital lidar sensor for use in unmanned aerial systems. This approval has been a key driver behind the recent rally in Ouster's stock, which has seen substantial gains in premarket trading.

The approval from the Department of Defense is a major milestone for Ouster, as it validates the company's technology and opens up new opportunities in the defense sector. The OS1 digital lidar sensor is a critical component in unmanned aerial systems, and its approval by the Pentagon is expected to boost Ouster's revenue and market position.

Despite remaining unprofitable, Ouster's financial performance has shown signs of improvement. In the first quarter of 2025, the company reported a net loss of $22 million, but its revenue surged by 26% year-over-year to $33 million. This growth was driven by increasing demand for its sensor technology, which is used in various applications including autonomous vehicles and robotics.

Ouster's stock price has reached new heights, hitting a 52-week high on Tuesday. The company's shares traded as high as $17.18 and closed at $16.65. This surge in stock price reflects investor confidence in Ouster's technology and its potential for growth in the defense and autonomous vehicle sectors.

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