Latest news with #BlueUAS
Cision Canada
24-07-2025
- Business
- Cision Canada
Global Military Drone Market Size on a Trajectory Toward $88 Billion as Demand Skyrockets
NEW YORK, /CNW/ -- The global military drone market is experiencing significant growth, fueled by increased defense spending, technological advancements, and evolving national security priorities. The defense and government drone market, driven by rapid technological advancements and evolving strategic needs, presents significant opportunities for companies that can navigate the complex regulatory environment and meet the demand for advanced and reliable unmanned systems. A report from Grandview Research said: "The global military drone market size was estimated at USD 36.14 billion in 2023 and is projected to reach USD 88.01 billion by 2030, growing at a CAGR of 13.8% from 2024 to 2030. North America holds the largest share of this market, primarily due to the significant investments in drone technology by the U.S. defense sector., Fast track contracts and policies." It continued: "The Pentagon's 'Replicator' program, focused on fast-tracking drone production, is estimated to cost around $500 million per year. The Defense Innovation Unit (DIU) launched the Blue UAS program to rapidly vet and integrate commercial unmanned aerial systems (UAS) for the Department of Defense, recognizing the rapid advancements in commercial drone technology. Recent legislative measures, including executive orders like 'Unleashing American Drone Dominance', aim to prioritize American-made UAVs and streamline the procurement process for NDAA-compliant manufacturers. The new 'Cleared List' under the Blue UAS program leverages third-party verification, drastically reducing approval timelines for compliant manufacturers." Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Draganfly Inc. (NASDAQ: DPRO), L3Harris Technologies (NYSE: LHX). Grandview Research continued with Market trends and drivers: "Growing demand for unmanned systems: UAVs offer numerous advantages, including reduced risk to personnel, persistent surveillance, and versatility in various missions. Technological advancements: Integration of AI and machine learning, miniaturization, improved battery life, and drone swarming technology are driving innovation and expanding drone capabilities., Rising geopolitical tensions and defense budgets: Nations are investing heavily in modernizing their defense capabilities, including unmanned aerial systems (UAS), to address evolving security threats. Shift towards smaller, tactical drones: These drones are ideal for short-range missions and provide real-time situational awareness to ground troops." ZenaTech (NASDAQ: ZENA) ZenaDrone Partners with Eagle Point Funding to Win US Defense Customers - ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces that its subsidiary ZenaDrone has signed a strategic partnership agreement with Eagle Point Funding, a specialized consultancy for technology and defense-focused companies, to help win US defense contracts. By leveraging Eagle Point's deep expertise in R&D grant program opportunities, the company will gain structured support in identifying and preparing competitive proposals, and in establishing and expanding relationships within key US defense and government agencies. "Our collaboration with Eagle Point Funding will accelerate testing, pilot deployments, and enable long-term procurement discussions—helping ZenaDrone to advance as a key provider of American-made drone solutions," said Shaun Passley, Ph.D., ZenaTech CEO. "Their expertise in navigating federal R&D funding programs such as SBIR and Department of Defense solicitations (DoD BAA), gives us a powerful advantage as we develop next-generation drone technologies aligned with US defense priorities. This partnership enhances our ability to accelerate product development, expand defense agency relationships, and unlock new growth without equity dilution." Eagle Point Funding helps technology companies secure non-dilutive federal R&D grants and contracts from agencies such as the DoD, Air Force, Navy, and others. They specialize in programs such as the Small Business Innovation Research (SBIR), Air Force Works (AFWERX), and the Defense Advanced Research Projects Agency (DARPA), guiding clients through the application process to win contracts. ZenaDrone has previously completed paid trials with the US Air Force and Navy Reserve, demonstrating its ability to deliver solutions including delivery of critical supplies such as blood in the field. The companies' suite of drones for military use includes the ZenaDrone 1000, the IQ Nano and the IQ Square drone that are designed for a variety of applications including inspections, surveillance, reconnaissance, and indoor inventory management for warehouses and armories. Continued… Read this full release and additional news for ZENA by visiting: Other developments in the drone/UAV & Military industries include: AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, recently announced that its eBee VISION is now Blue UAS certified. This designation comes just a week after the Company's eBee TAC received Blue UAS certification. The Blue UAS certification makes the AgEagle drone eligible for procurement by the U.S. Department of Defense (DoD) and other federal agencies and recognizes the drone as compliant with security and performance standards required by the DoD. "This is very welcome news, and we are so proud that now the eBee VISION joins our eBee TAC on the Blue UAS Cleared list for the Department of Defense," said Bill Irby, CEO of AgEagle Aerial Systems. "This is another pivotal achievement for AgEagle and will allow for fast acquisition and delivery of this much-needed capability into the hands of our Defense community to address swiftly evolving battlefield and security scenarios." Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a technology company in Defense, National Security and Global Markets, recently announced the successful demonstration of an end-to-end 5G-NTN network that combines the Kratos OpenSpace® software-defined satellite ground system with Intelsat's space and ground network, including its cloud-native, virtualized 5G core. This event represents a key milestone towards the seamless extension of terrestrial 5G networks with satellite technology, providing critical validation of satellite's role in the delivery of ubiquitous 5G services. The Third Generation Partnership Program (3GPP) incorporated Non-Terrestrial Networks (NTNs) into its 5G specifications with 3GPP Release 17, paving the way for the seamless extension of 5G services beyond terrestrial limits. Both Kratos and Intelsat are leading the market in 5G-NTN adoption; Kratos is working with key industry partners to develop cloud native 5G-NTN solutions for satellite operators, while Intelsat is focused on building a multi-layer, next-generation software-defined network. Draganfly Inc. (NASDAQ: DPRO), an award-winning developer of drone solutions and systems developer, recently announced the sale of Commander 3XL Unmanned Aerial Vehicle (UAV) systems to a globally recognized defense contractor specializing in persistent surveillance technologies for military operations. A trusted partner to U.S. and allied defense forces for decades, the client is one of the world's leading providers of persistent surveillance platforms. Its systems are deployed across key Department of Defense (DoD) and allied installations, delivering reliable, persistent intelligence, surveillance, and reconnaissance (ISR) capabilities. The Commander 3XL's modular payload architecture, extended endurance, and AI-enabled mission control make it an ideal asset for military-grade surveillance programs. The systems will support perimeter security, early warning, and real-time situational awareness, operating seamlessly alongside and integrated with persistent platforms and ground-based command centers. L3Harris Technologies (NYSE: LHX) recently debuted a pack of launched effects vehicles, demonstrating the company's ability to respond to the U.S. Department of Defense's urgent need for advanced, capable and affordable munitions it can employ across services and domains. Red Wolf™ and Green Wolf™ are the first in L3Harris' expanding family of multi-role vehicles that can easily integrate and launch from air, ground or maritime-based platforms. Red Wolf is a kinetic platform for long-range precision strikes, while Green Wolf is an electronic warfare platform equipped with electronic attack and detect, identify, locate and report capabilities. Both vehicles are flexible, modular and feature advanced software for in-flight collaboration and re-targeting. They also support swarming capability of autonomous aircraft. DISCLAIMER: (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU'S market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.
Yahoo
24-07-2025
- Business
- Yahoo
AgEagle Aerial Systems eBee VISION Drone Receives Blue UAS Cleared Status
Designation Allows for Direct, Expedited U.S. Government Procurement WICHITA, Kan., July 22, 2025 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, is proud to announce that its eBee VISION is now Blue UAS certified. This designation comes just a week after the Company's eBee TAC received Blue UAS certification. The Blue UAS certification makes the AgEagle drone eligible for procurement by the U.S. Department of Defense (DoD) and other federal agencies and recognizes the drone as compliant with security and performance standards required by the DoD. 'This is very welcome news, and we are so proud that now the eBee VISION joins our eBee TAC on the Blue UAS Cleared list for the Department of Defense,' said Bill Irby, CEO of AgEagle Aerial Systems. 'This is another pivotal achievement for AgEagle and will allow for fast acquisition and delivery of this much-needed capability into the hands of our Defense community to address swiftly evolving battlefield and security scenarios.' These inclusions enable AgEagle to market the platform as Blue UAS Cleared, reinforcing their suitability for sensitive missions requiring secure, reliable, and scalable uncrewed aerial systems. This platform's certification previously had Green UAS-certification, which is now qualified as a direct on-ramp for Blue UAS classification. The DoD Defense Innovation Unit (DIU) adopted the Green UAS certification as a pathway to Blue UAS Cleared status. This marks a significant step forward in streamlining secure drone acquisition across government applications. This achievement reflects months of collaboration between the Association for Uncrewed Vehicle Systems International (AUVSI), DIU, and federal stakeholders, aligning with Executive Order 14307 and the Secretary of Defense Pete Hegseth's July 10, 2025, memorandum to rapidly field NDAA-compliant Group 1 and 2 drones. Weighing just 3.3 pounds, the eBee VISION UAS offers up to 100 minutes of flight time, advanced electro-optical and thermal imaging, and secure data transmission for real-time situational awareness in disconnected environments. Its compact design, low acoustic signature, rapid three-minute deployment by a single operator, and silent mission mode make it ideal for tactical Intelligence, Surveillance and Reconnaissance (ISR) missions, supporting the DoD's need for low-cost, scalable, and expendable drones as emphasized by Secretary Hegseth. For more information or to schedule a demonstration, visit About AgEagle Aerial Systems Inc. Through its three Centers of Excellence, AgEagle is actively engaged in designing and delivering best-in-class flight hardware, sensors and software that solve important problems for its customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, AgEagle is a leading provider of full stack UAS, sensors and software solutions for customers worldwide in the energy, construction, agriculture, and government verticals. For additional information, please visit our website at Forward-Looking Statements Certain statements in this press release may constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as 'anticipate,' 'believe,' 'contemplate,' 'could,' 'estimate,' 'expect,' 'intend,' 'seek,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'suggest,' 'target,' 'aim,' 'should,' 'will,' 'would,' or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on AgEagle's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to the timing and fulfilment of current and future purchase orders relating to AgEagle's products, the success of new programs and software updates, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of AgEagle in general, see the risk disclosures in the Annual Report on Form 10-K of AgEagle for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by AgEagle. All such forward-looking statements speak only as of the date they are made, and AgEagle undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Media ContactAndy Woodward+1 (469) LinkedIn Facebook X YouTube Investor RelationsEmail: UAVS@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
22-07-2025
- Business
- Business Upturn
ZenaTech's ZenaDrone Subsidiary Applies for Green UAS Certification for IQ Square Drone to Sell to US Defense and Government
VANCOUVER, British Columbia, July 22, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ('ZenaTech'), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces that its subsidiary ZenaDrone has submitted the IQ Square drone for Green UAS (Uncrewed Aircraft System) certification, allowing it to be added to the pre-approved procurement list for US Department of Defense (DoD) and government buyers. The compact and rugged ZenaDrone IQ Square drone is designed for line-of-sight applications, including infrastructure inspections, terrain mapping, surveillance, and reconnaissance in high-risk environments. 'ZenaDrone's IQ Square Green UAS submission marks a critical milestone in our commitment to national security and defense readiness,' said Shaun Passley, Ph.D., ZenaTech CEO. 'This is not just about compliance—it's about positioning our company to meet the highest standards for US government and DoD use. Green UAS is our on-ramp to achieving Blue UAS certification which will open more doors to broader federal adoption and deployment in mission-critical operations. 'Recent policy directives from the White House, the Secretary of Defense, and Congress are creating real momentum—prioritizing US-made and secure NDAA-compliant systems like ours, while unlocking funding and accelerating procurement. The message is clear: the future of drones is American, and we are ready,' Dr. Passley added. Green UAS certification is a compliance and cybersecurity framework developed by AUVSI, the leading trade association for the uncrewed systems industry, in collaboration with the US DoD. It ensures that drones are free of components from foreign adversaries and meet rigorous standards for cybersecurity, data protection, and supply chain integrity. Green UAS certification will be streamlined for faster approvals under recent Executive Orders—paving the way for better alignment with Blue UAS certification benefiting drone makers getting products to market. Drones like the IQ Square offer critical advantages in military and government applications: real-time surveillance, infrastructure monitoring, and remote mission planning in hazardous environments. Advanced imaging tools such as LiDAR and thermal sensors enable early detection of structural vulnerabilities and security threats, while rapid mapping and ISR (intelligence, surveillance, and reconnaissance) functions support logistics and operational command. The ZenaDrone IQ Square is an advanced AI-powered drone designed for land surveys and various types of inspections and reconnaissance missions in defense applications. The drone has a 40 x 40' and 50'x50' VTOL (Vertical Takeoff and Landing) frame with autonomous charging capabilities and delivers 20-25 minutes of flight time. It is equipped to use AI-driven cameras and sensors for mission-ready performance across defense and tactical applications. About ZenaTech ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a business technology solution provider specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, government, and industrial sectors, and drones being implemented in agriculture, defense, logistics and land survey sectors, ZenaTech's portfolio of solutions helps drive exceptional operational efficiencies, precision, and cost savings. The Company operates through offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and network in the US. About ZenaDrone ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an outdoor drone designed for land survey and inspections use in commercial and defense sectors. Contacts for more information: Company, Investors, and Media: Linda Montgomery ZenaTech 312-241-1415 [email protected] Investors: Michael Mason CORE IR [email protected] Safe Harbor This press release and related comments by management of ZenaTech, Inc. include 'forward-looking statements' within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management's expectations and projections regarding ZenaTech's growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as 'may', 'will', 'should', 'expect', 'plan', 'anticipate', 'aim', 'seek', 'is/are likely to', 'believe', 'estimate', 'predict', 'potential', 'continue' or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech's expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech's anticipated cash needs and it's needs for additional financing; ZenaTech's intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech's expected business objectives for the next twelve months; ZenaTech's ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
The Market Online
16-07-2025
- Business
- The Market Online
Drone innovator partners with U.S. Department of Defense
A branch of the United States Department of Defense selected Draganfly (CSE:DPRO) and its Commander3 XL unmanned aerial vehicle platform to support advanced operational initiatives, including intelligence, surveillance and reconnaissance Draganfly specializes in drone solutions, AI-driven software and robotics Draganfly stock is up by 14.17 per cent on the news but has given back 22.21 per cent year-over-year A branch of the United States Department of Defense selected drone and robotics developer Draganfly (CSE:DPRO) and its Commander3 XL unmanned aerial vehicle platform to support advanced operational initiatives, including intelligence, surveillance and reconnaissance. This content has been prepared as part of a partnership with Draganfly Inc., and is intended for informational purposes only. Draganfly worked with a known prime contractor and met with military stakeholders to ensure the platform was mission-ready, leveraging what Wednesday's news release describes as its 'robust flight performance, modular payload options and mission-specific adaptability,' qualities that make it 'a trusted platform for complex defense, security and emergency response operations.' The Commander 3XL offers a payload of up to 22 pounds, a flight time of up to 50 minutes and a communication range of up to 10 kilometres, boasting one of the most advanced autopilot systems in the world and Blue UAS certification for both government and military applications. Leadership insights 'This delivery further validates the Commander3 XL's reliability and versatility for frontline applications,' Cameron Chell, Draganfly's chief executive officer, said in a statement. 'We're honored to support the DoD's commitment to autonomous and semi-autonomous multi-mission systems that enhance operational effectiveness.' About Draganfly Draganfly specializes in drone solutions, AI-driven software and robotics, offering exposure to a more than 25-year track record serving the public safety, agriculture, industrial inspection, security, mapping and surveying markets. Draganfly stock (CSE:DPRO) is up by 14.17 per cent on the news trading at C$5.64 as of 11:23 am ET. The stock has given back 22.21 per cent year-over-year. Join the discussion: Find out what everybody's saying about this drone and robotics stock on the Draganfly Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
Business Wire
11-06-2025
- Business
- Business Wire
Ouster Digital Lidar Approved by Defense Department for Unmanned Aircraft
SAN FRANCISCO--(BUSINESS WIRE)-- Ouster, Inc. (Nasdaq: OUST) ('Ouster' or the 'Company'), a global leader in high-performance lidar sensors and intelligent software solutions, powering Physical AI across the automotive, industrial, robotics and smart infrastructure sectors, announced today that its OS1 digital lidar has been vetted and approved by the Department of Defense (DOD) for use in unmanned aerial systems (UAS). Following a review of components and cybersecurity testing, the Defense Innovation Unit approved and added the Ouster OS1 to the Blue UAS Framework. Blue UAS is a holistic and continuous approach that rapidly vets and scales commercial UAS technology for the DOD. The Blue UAS Framework is an approved list of interoperable, National Defense Authorization Act (NDAA) compliant UAS components and software that provide options for government and industry partners. The Ouster OS1 is the first high-resolution 3D lidar sensor approved under the Blue UAS Framework and offers superior performance in weight, power efficiency, and reliability under rugged conditions compared to previously approved 2D lidar solutions. 'Ouster is committed to the responsible development of its products and has taken significant steps to secure its supply chain,' said Ouster CTO Mark Frichtl. 'As a result, our OS1 sensor was officially added to the Blue UAS list, providing drones and other UAS with access to industrial-grade, high-fidelity spatial awareness for advanced perception and autonomous operation. Ouster is proud to be the leading supplier of 3D lidar sensors for U.S. defense applications.' Ouster's digital lidar sensors are compliant with the NDAA as affirmed by BlueUAS Framework, making them an ideal choice for applications where supply chain security is paramount. The Company's technology is already deployed in systems used by the United States Army, Navy, National Labs, NASA, and transportation departments, including in drones, ground vehicles, marine vessels, and traffic and security systems. Ouster takes steps to safeguard customer information, is committed to the security and responsible use of its products, and is ISO 27001 certified. Additionally, the Company offers Buy America(n) certified products, reflecting a commitment to domestic manufacturing and sourcing in the United States. For more information on Blue UAS, visit: About Ouster Ouster (Nasdaq: OUST) is a global leader in high-performance lidar sensors and intelligent software solutions, powering Physical AI across the automotive, industrial, robotics, and smart infrastructure sectors. Ouster's technology delivers performance, reliability, and affordability to accelerate the adoption of autonomous systems at scale and drive meaningful improvements in safety, efficiency and sustainability. Ouster is headquartered in San Francisco, CA, with offices in the Americas, Europe, and Asia-Pacific. For more information about our products, visit contact our sales team, or connect with us on X or LinkedIn. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon current plans, estimates and expectations of management that are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Words such as 'offer,' 'expect,' 'project,' 'intend,' 'believe,' 'may,' 'will,' 'should,' 'plan,' 'could,' 'continue,' 'target,' 'contemplate,' 'estimate,' 'forecast,' 'guidance,' 'predict,' 'possible,' 'potential,' 'pursue,' 'likely,' and the negative of these terms and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. All statements, other than statements of historical fact, including statements regarding the capabilities and benefits of Ouster's products, including with respect to the mitigation of supply chain risks and their superiority and reliability under rugged conditions compared to 2D lidar solutions; Ouster's business objectives and plans, market growth, and competitive position, all constitute forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected, including, but not limited to, risks related to Ouster's ability to respond to evolving regulations and standards; risks related to the adoption of its products, inaccurate forecasts of market growth, and supply chain constraints; and other important risk factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and updated by the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025, once filed, and as may be further updated from time to time in the Company's other filings with the SEC. Readers are urged to consider these factors carefully and in the totality of the circumstances when evaluating these forward-looking statements, and not to place undue reliance on any of them. Any such forward-looking statements represent management's reasonable estimates and beliefs as of the date of this press release. While Ouster may elect to update such forward-looking statements at some point in the future, it disclaims any obligation to do so, other than as may be required by law, even if subsequent events cause its views to change.
