Recently, Ouster announced that it had signed an agreement with strategic customer Vecna. The agreement includes Ouster supplying Vecna with approximately 3,000 digital lidar sensors through 2025 to help meet the need for warehouse and logistics automation.
Vecna plans to incorporate Ouster lidar into its multi-sensors to equip self-driving pallet trucks, tractors, and forklifts with high-volume material handling operations. Lidar helps systems navigate dynamic environments, safely detect and avoid obstacles while working with human-operated and manually-driven vehicles, and intelligently map their paths in real-time.
Zachary Dydek, CTO of Vecna, said: "Our exhaustive evaluation of all 3D lidar sensors on the market has found Ouster OS0 to be our most satisfying. We believe Ouster's best-in-class customer service and proven scalability will enable Vecna to meet customer demand for high-volume production and further expand our technology leadership in industrial AMR."
Vecna partners with some of the world's leading distribution, warehousing, and manufacturing companies to alleviate global supply chain challenges with automated solutions that increase material handling throughput and efficiency. Manufacturing and logistics companies rely on more than 4 million human operators to move nearly 2 billion pallets a day in the U.S. and about 5 billion worldwide. Currently, less than 1% of material handling vehicles are automated, representing a significant opportunity to capture warehouse automation needs in the estimated $2.5 billion total addressable market (TAM) of the industrial lidar market in 2025.
Angus Pacala, CEO of Ouster, said: “Warehouse and logistics automation is critical to improving supply chain operations. Businesses are facing transport delays, labor shortages, and rising prices, while the need for safe automation of key aspects of the value chain is accelerating. We are excited to partner with Vecna as they scale to serve the market opportunity for smart material handling equipment."
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