Lidar startup Ouster reaches deal to go public with $1.9B value

Lidar startup Ouster reaches deal to go public with $1.9B value

The deal values San Francisco-based Ouster at around $1.9 billion and makes it the fifth lidar manufacturer this year to agree to a SPAC merger, following Velodyne Lidar Inc, Luminar, Innoviz and Aeva.

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