Plus and Ouster, Inc. (“Ouster”) has announced the signing of a strategic customer agreement for Ouster to provide its digital lidar sensor to outfit key elements of Plus’s automated truck system.
Plus is the first automated trucking developer to start mass production of its automated driving system, beginning this year. The company is partnered with the largest shippers, carriers, and truck makers, including the world’s largest heavy truck manufacturer, FAW, to deploy automated trucks powered by its automated driving system.
Per the agreement, Ouster will supply a minimum of 2,000 digital lidar sensors to Plus in an initial rollout, and is prepared to aggressively increase its supply over the next five years, having already migrated the majority of its production volume to contract manufacturer Benchmark Electronics in Thailand. Additionally, Ouster will provide engineering support to enable Plus’s automated driving system deployment across multiple continents.
In December, Ouster entered into a definitive merger agreement with Colonnade Acquisition Corp. (NYSE: CLA) (“CLA”) in a transaction that would result in Ouster being listed on the NYSE. The transaction is expected to close in the first half of 2021, subject to satisfaction of customary closing conditions.