Ouster Inc (NASDAQ:OUST) shares are trading higher Wednesday after the company announced that its OS1 digital lidar was approved by the Department of Defense (DOD) for use in unmanned aerial systems.

Ouster's OS1 is the specific sensor that the DoD has vetted and approved. It is the mid-range sensor in its Ouster Sensor (OS) product line, which was originally launched in 2018.

Shares of Ouster soared after the company said its OS1 digital lidar has been approved by the Defense Department for use in unmanned aerial systems. The stock was up 24% at $19.89 in early trading.

Ouster digital lidar is Blue UAS approved Following a review of components and cybersecurity testing, the Defense Innovation Unit approved and added the Ouster OS1 to the Blue UAS Framework.

Ouster’s OS1 is the specific sensor that the DoD has vetted and approved. It is the mid-range sensor in its Ouster Sensor (OS) product line, which was originally launched in 2018.

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 ...