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May Mobility Selects Ousters Lidar Sensors for Autonomous Shuttle Platform

Posted on 257 Ouster, Inc., a leading provider of high-resolution digital lidar sensors for industrial automation, robotics, smart infrastructure, and automotive, today announced that it has been selected to provide four lidar sensors per vehicle on May Mobility’s next generation of autonomous shuttles. Ouster OS1 sensors on a May Mobility autonomous shuttle (Photo: Business Wire) Since its founding in 2017, May Mobility has rapidly become one of the most visible and successful leaders in shared-ride autonomous vehicles, providing more than 270,000 rides to date. Over the past several years, May Mobility has built prototypes with a wide variety of lidar sensor options before deciding on Ouster’s sensors for both short range / wide field of view and mid-range lidar placements. The May Mobility team decided to use Ouster’s digital lidar sensors for their high performance, field-tested reliability, and scalable pri

SPAC Boom Propels Electric Carmakers to Public Markets

SPAC Boom Propels Electric Carmakers to Public Markets Bloomberg 1/22/2021 Ed Ludlow and Crystal Tse (Bloomberg) Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street. Popular Searches SPACs, or blank-check companies, are shell vehicles that raise money to take a private company public via a reverse merger. Unlike traditional initial public offerings, SPAC deals allow listing candidates to market financial projections to investors, a perk for earlier stage companies that have yet to prove their business model. Electric-vehicle companies, many of which are yet to launch commercial products, have taken advantage of that. Nikola Corp. was the first high profile one to go public via a SPAC listing, followed by others including Lordstown Motors Corp., Fisker Inc. and Canoo Inc.

SHAREHOLDER ALERT: Rigrodsky & Long, P A Announces Investigation of Colonnade Acquisition Corp Merger

Share: WILMINGTON, Del., Dec. 30, 2020 (GLOBE NEWSWIRE) Rigrodsky & Long, P.A. announces that it is investigating Colonnade Acquisition Corp. ( Colonnade ) (NYSE:CLA) regarding possible breaches of fiduciary duties and other violations of law related to Colonnade s agreement to merge with Ouster, Inc. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-colonnade-acquisition-corp. You may contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com. Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Investors Quickly Saw Big Gains From These SPACs

Steve Hockstein/Bloomberg Investors have embraced SPACs, or special purpose acquisition companies that merge with companies to take them public, in hopes their shares will jump when they announce deals.Shares of at least two of these publicly traded, shell companies Colonnade Acquisition Corp. and Deerfield Healthcare Technology Acquisitions Corp. quickly rose To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login. Related Content

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