Ouster Stock Hits 52-Week Highs: What Investors Need To Know

Shares of Ouster Inc (NASDAQ: OUST ) are surging Tuesday morning following the company’s key announcement that its new Rev8 family of OS digital lidar sensors fully complies with Build America, Buy America (BABA) Act requirements. Here’s what investors need to know. Ouster stock is approaching key resistance levels. Why did OUST hit a new high? How Ouster Is Unlocking Federal Funding For Smart Infrastructure This compliance milestone makes Ouster’s Rev8 sensors eligible for deployment in U.S. government-funded infrastructure upgrades, effectively unlocking vital federal funding opportunities for state and local transportation agencies, engineering firms and system integrators. The BABA Act meanwhile establishes strict domestic procurement preferences across all federally funded infrastructure projects. With this official validation, Ouster’s digital technology can no...