Hesai calls Ouster patent infringement complaints ‘deeply flawed’

Hesai (HSAI) released the following statement regarding the patent infringement lawsuits recently filed by Ouster (OUST) with the U.S. International Trade Commission and the U.S. District Court for the District of Delaware. The company said, "Hesai’s independently developed LiDAR technology is the result of years of investment in research, development, and engineering. Hesai disputes Ouster’s allegations of patent infringement and will vigorously defend itself against such allegations. Hesai has become the global leader in providing superior LiDAR technology to the market and has over 300 patents and 700 pending patent applications worldwide. Hesai values and respects valid and enforceable intellectual property rights and will defend itself against any allegations that are improper or lack merit." Yifan Li, Hesai’s Co-Founder and CEO, stated, "We believe Ouster’s complaints are deeply flawed and lack merit. We invest heavily in proprietary research and development. We have more than 700 staff working in our R&D and manufacturing teams. We also regard our own trademarks, patents, domain names, trade secrets, proprietary technologies, and similar intellectual property as critical to our success."