Latest news with #DefenseInnovationUnit
Yahoo
2 days ago
- Business
- Yahoo
Planet Labs Lands €240M German Contract, Expands Global Defense Footprint
Planet Labs (NYSE:PL) is one of the best space stocks to buy according to hedge funds. On July 1st, the company announced a €240 million multi-year satellite services contract with the German government, one of the largest in its history. The deal includes direct downlink from its next-generation Pelican satellites, high-resolution SkySat imagery, and AI-enhanced surveillance tools, specifically designed for security, infrastructure monitoring, and maritime awareness. The services are set to begin in January 2026. Around the same time, Planet revealed four additional wins in the defense and intelligence sector, including an expanded partnership with the U.S. Defense Innovation Unit for Indo-Pacific threat detection, a seven-figure contract with the U.S. Navy for maritime operations, and a NATO surveillance contract focused on early warning systems. Copyright: lexaarts / 123RF Stock Photo All four were disclosed in a July 1st press release. While analyst updates following the announcement are still pending, firms like Needham, Wedbush, and Cantor Fitzgerald have recently reaffirmed bullish stances, citing strong momentum in Planet's government and AI verticals. Planet Labs PBC, founded by ex-NASA engineers in 2010, operates the world's largest fleet of Earth observation satellites. It provides daily imagery and AI-driven analytics to customers in defense, agriculture, climate monitoring, and urban planning. While we acknowledge the potential of PL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Yahoo
3 days ago
- Business
- Yahoo
Planet Labs Lands €240M German Contract, Expands Global Defense Footprint
Planet Labs (NYSE:PL) is one of the best space stocks to buy according to hedge funds. On July 1st, the company announced a €240 million multi-year satellite services contract with the German government, one of the largest in its history. The deal includes direct downlink from its next-generation Pelican satellites, high-resolution SkySat imagery, and AI-enhanced surveillance tools, specifically designed for security, infrastructure monitoring, and maritime awareness. The services are set to begin in January 2026. Around the same time, Planet revealed four additional wins in the defense and intelligence sector, including an expanded partnership with the U.S. Defense Innovation Unit for Indo-Pacific threat detection, a seven-figure contract with the U.S. Navy for maritime operations, and a NATO surveillance contract focused on early warning systems. Copyright: lexaarts / 123RF Stock Photo All four were disclosed in a July 1st press release. While analyst updates following the announcement are still pending, firms like Needham, Wedbush, and Cantor Fitzgerald have recently reaffirmed bullish stances, citing strong momentum in Planet's government and AI verticals. Planet Labs PBC, founded by ex-NASA engineers in 2010, operates the world's largest fleet of Earth observation satellites. It provides daily imagery and AI-driven analytics to customers in defense, agriculture, climate monitoring, and urban planning. While we acknowledge the potential of PL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Yahoo
11-06-2025
- Business
- Yahoo
Ouster Digital Lidar Approved by Defense Department for Unmanned Aircraft
Ouster OS1 vetted and approved for Blue UAS by Defense Innovation Unit First NDAA compliant 3D lidar included in the framework for unmanned aerial systems SAN FRANCISCO, June 11, 2025--(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. View source version on Contacts For Investors investors@ For Media press@ Error 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
Yahoo
10-06-2025
- Business
- Yahoo
Oklo Rallies on Seaport Buy Upgrade
Oklo (NYSE:OKLO) jumps 4.8% after Seaport Global upgraded the nuclear tech developer to Buy, citing strong project milestones and leadership enhancements. Seaport's Jeff Campbell set a $71 price target, arguing that Oklo's progress at the Idaho National Laboratory site and new CTO hire Pat Schweiger make it a standout in advanced nuclear. Warning! GuruFocus has detected 2 Warning Sign with OKLO. Oklo has wrapped up its drilling campaign at INL with a memorandum of agreement and an interface agreement with the Department of Energy, while also kicking off the NRC's Phase 1 combined license pre-application readiness assessment. The company has submitted a licensed operator topical report and is gearing up to file its licensing project plan for the Oklo Fuel Foundry, signaling management's confidence in regulatory momentum. Campbell flagged fuel availability as the key variable driving Oklo's upside, and noted the firm's eligibility for Defense Innovation Unit awards under the Advanced Nuclear Power for Installations programproof that Oklo has cleared technical gates and is vying to deploy its 15 MW Aurora microreactor at military bases. The upgrade comes after OKLO's stock surged 148% year-to-date, suggesting that fresh Buy-side conviction could fuel a second wave of gains. Why It Matters: As nuclear microreactors gain traction for remote power and defense use cases, Oklo's regulatory headway and DoE partnerships position it to capitalize on a growing demand for clean, resilient energy. This article first appeared on GuruFocus. Error 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
Yahoo
10-06-2025
- Business
- Yahoo
Oklo Rallies on Seaport Buy Upgrade
Oklo (NYSE:OKLO) jumps 4.8% after Seaport Global upgraded the nuclear tech developer to Buy, citing strong project milestones and leadership enhancements. Seaport's Jeff Campbell set a $71 price target, arguing that Oklo's progress at the Idaho National Laboratory site and new CTO hire Pat Schweiger make it a standout in advanced nuclear. Warning! GuruFocus has detected 2 Warning Sign with OKLO. Oklo has wrapped up its drilling campaign at INL with a memorandum of agreement and an interface agreement with the Department of Energy, while also kicking off the NRC's Phase 1 combined license pre-application readiness assessment. The company has submitted a licensed operator topical report and is gearing up to file its licensing project plan for the Oklo Fuel Foundry, signaling management's confidence in regulatory momentum. Campbell flagged fuel availability as the key variable driving Oklo's upside, and noted the firm's eligibility for Defense Innovation Unit awards under the Advanced Nuclear Power for Installations programproof that Oklo has cleared technical gates and is vying to deploy its 15 MW Aurora microreactor at military bases. The upgrade comes after OKLO's stock surged 148% year-to-date, suggesting that fresh Buy-side conviction could fuel a second wave of gains. Why It Matters: As nuclear microreactors gain traction for remote power and defense use cases, Oklo's regulatory headway and DoE partnerships position it to capitalize on a growing demand for clean, resilient energy. This article first appeared on GuruFocus. Error 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
