Ouster, Inc. announced the pricing of an underwritten public offering of 3,621,876 shares of its common stock at a public offering price of $55.22 per share. The offering is expected to generate gross proceeds of approximately $200.0 million before deducting underwriting discounts and commissions. The company has granted the underwriter a 30-day option to purchase up to an additional 543,281 shares at the public offering price. The offering is anticipated to close on or about July 6, 2026, subject to customary closing conditions.

Northland Capital Markets is acting as the sole bookrunner for the offering. The securities are being offered pursuant to an effective shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission (SEC) on July 1, 2026, which became effective immediately upon filing.

Ouster intends to use the net proceeds from the offering for working capital and other general corporate purposes. The shelf registration allows the company to offer various securities, including common stock, preferred stock, debt securities, and warrants, providing flexibility for future capital raises.

The following table outlines the categories of securities included in the prospectus:

This specific offering involves only common stock sold by the company. The prospectus supplement and accompanying prospectus will be available on the SEC's website at www.sec.gov .

Shares of Ouster Inc are surging Tuesday morning, hitting new 52-week highs, following the company's announcement that its new Rev8 family of OS digital lidar sensors fully complies with Build America, Buy America (BABA) Act requirements. This compliance unlocks federal funding eligibility for the sensors, enabling their deployment in U.S. government-funded infrastructure projects. The certification allows state and local transportation agencies, engineering firms, and system integrators to utilize Rev8 sensors for upgrades such as intelligent transportation systems (ITS), smart cities, transit networks, and tolling systems.

The BABA Act establishes a strict domestic procurement preference across all federally-funded infrastructure projects. By meeting these standards, Ouster positions its Rev8 sensors to support the modernization of American infrastructure. The compliance milestone is significant for customers seeking to leverage federal funding for advanced perception technology on roadways and transit systems. CEO Angus Pacala emphasized that meeting these strict domestic manufacturing standards enables customers to leverage federal funding to deploy cutting-edge Physical AI on American roadways.

Ouster BlueCity Integration

The BABA compliance extends to Ouster BlueCity, a complete traffic management solution that combines 3D digital lidar with proprietary AI software. When integrated with Rev8 sensors, Ouster BlueCity provides 500-foot advanced detection and optional native color. This configuration delivers situational awareness for multimodal actuation, alerts, and analytics. The combination of BABA compliance and advanced detection capabilities enables municipalities and transportation agencies to access federal funding for infrastructure modernization.

Market Activity and Technical Levels

Ouster shares were up 13.52% at $61.38 at the time of publication on Tuesday, trading as high as $63.79. The stock is trading 40.1% above its 20-day SMA ($44.12) and 124.8% above its 200-day SMA ($27.51). Momentum indicators suggest the stock is overbought, with the RSI at 72.12, while the MACD is below its signal line with a negative histogram. Key resistance is identified at $54.49, a prior 52-week high zone, while key support sits at the 20-day SMA area of $44.12.

Key Specifications