OSS One Stop Systems

OSS Announces Follow-On Order and Design Win from a Leading Defense Contractor in Asia for an Autonomous Maritime Application

OSS Announces Follow-On Order and Design Win from a Leading Defense Contractor in Asia for an Autonomous Maritime Application

OSS will supply rugged enterprise class servers for sensor fusion and autonomous navigation applications

ESCONDIDO, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (“OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced a new order from a leading defense contractor in Asia. The initial amount of the new purchase order is valued at $200,000, with deliveries expected in the fourth quarter of 2024. OSS expects several additional orders from this customer in 2025 and 2026 of similar or greater amounts.

OSS is supporting the defense contractor’s all-in-one modular system designed to convert manned vessels into unmanned surface vessels (USV) for autonomous missions. The application integrates various mission controls and payloads for a wide range of applications to support defense, public safety, and security operations, allowing vessels to maneuver autonomously, intelligently and safely at sea. OSS will initially provide 8U of hardware for each USV, which includes two rugged 3U Short Depth Servers (SDS) and two redundant ethernet switches for high-speed data ingest and interpretation of data from over 30 cameras. The rugged system from OSS is designed to perform reliably in an ambient temperature of over 40°C, and delivers the necessary computing power to support the USV’s computer vision and navigation system.

“We believe that our rugged Enterprise Class compute solutions and experience are uniquely positioned to support this application. USVs are operating in harsh environments with high levels of ambient temperature, moisture, and corrosion, while requiring Enterprise Class compute power to operate autonomously, intelligently and safely. We look forward to supporting this program and future programs as this major Asian defense contractor further deploys unmanned solutions for maritime and other applications,” stated OSS CEO, Mike Knowles. 

About One Stop Systems

One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding 'edge'. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

OSS products are available directly or through global distributors. For more information, go to . You can also follow OSS on , , and .

Forward-Looking Statements

One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company's current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to, the fitness of OSS’ products for unmanned maritime applications, the volume of future orders (if any) from this defense contractor, actual revenue derived from current and expected orders, timing of shipments and revenue and technical specifications of the final solution. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Media Contacts:

Robert Kalebaugh

One Stop Systems, Inc.

Tel (858) 518-6154

Investor Relations:

Andrew Berger

Managing Director

SM Berger & Company, Inc.

Tel (216) 464-6400



EN
03/12/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on One Stop Systems

 PRESS RELEASE

One Stop Systems to Report Fourth Quarter and Full Year 2024 Financial...

One Stop Systems to Report Fourth Quarter and Full Year 2024 Financial Results Conference Call to be Held Wednesday, March 19, 2025, at 10:00 a.m. ET ESCONDIDO, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (“OSS” or the "Company") (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, announced today that the Company will release its fourth quarter and full year 2024 financial results before the market opens on Wednesday, March 19, 2025. A webcast and conference call will ...

 PRESS RELEASE

OSS to Participate in the 37th Annual ROTH Conference

OSS to Participate in the 37th Annual ROTH Conference ESCONDIDO, Calif., March 11, 2025 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced its participation in the 37th Annual ROTH Conference on March 17-18, 2025, in Dana Point, CA. During the conference, Mike Knowles, President and Chief Executive Officer, and Dan Gabel, Chief Financial Officer, will be available for one-on-one investor meetings on both days. T...

 PRESS RELEASE

OSS Announces $6 Million in Combined Platform Contract Renewals for Tw...

OSS Announces $6 Million in Combined Platform Contract Renewals for Two Existing U.S. Department of Defense Programs Renewals include a $4 million contract for radar processing on the P-8A Poseidon Aircraft and a $2 million contract to upgrade sonar sensor processing for the Virginia Class Submarine Orders reflect OSS’ leadership in providing PCIe technologies and flash storage solutions for demanding, ruggedized, and high-performance compute applications that are needed for the modern battlefield ESCONDIDO, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (OSS or the C...

Nicholas Cortellucci ... (+2)
  • Nicholas Cortellucci
  • CFA

Finding the Next Takeout in Canadian Small-Caps - Part Four

What you need to know: • Since our last note in September, there have been 11 new takeouts in Canadian small-caps. This has accelerated in recent weeks with the acquisitions of Softchoice, Quisitive, and Carebook. • Our potential takeouts portfolio is up 61% since inception (November 2023) and 13% since our last note, compared to the TSX up 28% and 9% respectively. We review the biggest winners and losers in the portfolio and present a list of new ideas on our radar. How Have Things Progressed?...

 PRESS RELEASE

OSS Announces Follow-On Order and Design Win from a Leading Defense Co...

OSS Announces Follow-On Order and Design Win from a Leading Defense Contractor in Asia for an Autonomous Maritime Application OSS will supply rugged enterprise class servers for sensor fusion and autonomous navigation applications ESCONDIDO, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (“OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced a new order from a leading defense contractor in Asia. The initial amount of the new purchase o...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch