Start-stop system

OSS Unveils New Gen 5 AI Transportable Compute Server

Retrieved on: 
Monday, November 13, 2023

OSS new Gen 5 AI Transportable compute server doubles the performance over previous generation for powering the most demanding intelligent edge applications.

Key Points: 
  • OSS new Gen 5 AI Transportable compute server doubles the performance over previous generation for powering the most demanding intelligent edge applications.
  • Powered by four PCIe NVIDIA H100 Tensor Core GPUs , the OSS Gen 5 SDS addresses the growing demand for more powerful AI Transportables at the edge.
  • “This new OSS Gen 5 SDS server demonstrates our continued leadership in AI computing and high-speed PCIe interconnect technology,” stated OSS president and CEO, Mike Knowles.
  • Visitors to SC23 can see the new Gen 5 SDS and other AI Transportable solutions at booth #1825.

OSS to Hold Third Quarter 2023 Conference Call

Retrieved on: 
Thursday, October 19, 2023

ESCONDIDO, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, will hold a conference call on Thursday, November 9, 2023, at 5:00 p.m. Eastern time to discuss its results for the third quarter ended September 30, 2023.

Key Points: 
  • ESCONDIDO, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, will hold a conference call on Thursday, November 9, 2023, at 5:00 p.m. Eastern time to discuss its results for the third quarter ended September 30, 2023.
  • OSS management will host the call followed by a question and answer period.
  • OSS regularly uses its website to disclose material and non-material information to investors, customers, employees and others interested in the company.
  • A replay of the call will be available after 8:00 p.m. Eastern time on the same day and through November 23, 2023.

OSS Secures Award for Submarine Sonar Data Processing System

Retrieved on: 
Tuesday, September 26, 2023

ESCONDIDO, Calif., Sept. 26, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, has received an order to design and develop prototypes for a sonar data processing system to be used in a foreign navy submarine application.

Key Points: 
  • ESCONDIDO, Calif., Sept. 26, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, has received an order to design and develop prototypes for a sonar data processing system to be used in a foreign navy submarine application.
  • “We are pleased to be recognized in this award for our unmatched ability to deliver a ruggedized edge processing solution with datacenter class processing within strict SWAP, thermal and noise requirements,” stated OSS CEO Mike Knowles.
  • The prime contractor partner will provide an AI-powered sonar processing application to run on the system.
  • OSS expects to deliver the first prototypes by the end of the year, followed by potential production orders in 2024.

Mitsubishi Motors: World Premiere of the All-New Triton One-ton Pickup Truck

Retrieved on: 
Wednesday, July 26, 2023

Special website for the all-new Triton: www.mitsubishi-motors.com/en/products/triton

Key Points: 
  • Special website for the all-new Triton: www.mitsubishi-motors.com/en/products/triton
    Mitsubishi Motors has produced approximately 5.6 million pickup trucks spanning five generations over the 45 years since its first launch in 1978.
  • With a record of sales in 150 countries, the pickup truck is a global strategic vehicle for Mitsubishi Motors.
  • Now in its sixth generation, the all-new Triton is fully redesigned for the first time in nine years.
  • The all-new Triton combines agility with the Mitsubishi Motors' robust design to create an imposing look while expressing the toughness and powerfulness expected of a pickup truck.

One Stop Systems Reports Q2 2023 Results

Retrieved on: 
Thursday, August 10, 2023

ESCONDIDO, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, reported results for the second quarter ended June 30, 2023.

Key Points: 
  • ESCONDIDO, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, reported results for the second quarter ended June 30, 2023.
  • Cash, cash equivalents and short-term investments totaled $15.4 million on June 30, 2023, as compared to $12.7 million on March 31, 2023.
  • The decrease in revenue in the first half of 2023 is due to the reasons discussed in reference to Q2.
  • OSS management will hold a conference call later today to discuss its results for the second quarter ended June 30, 2023, followed by a question-and-answer period.

OSS to Present at LD Micro Conference on June 6, 2023

Retrieved on: 
Wednesday, May 31, 2023

OSS CEO, David Raun, is scheduled to present on Tuesday, June 6, at 11:30 a.m. Pacific time (2:30 p.m. Eastern).

Key Points: 
  • OSS CEO, David Raun, is scheduled to present on Tuesday, June 6, at 11:30 a.m. Pacific time (2:30 p.m. Eastern).
  • Raun will be joined by OSS CEO-elect, Michael Knowles, with both participating in one-on-one meetings with investors throughout the conference.
  • As previously announced , on June 5, Knowles, a veteran of the aerospace and defense industries, will become OSS president and CEO.
  • OSS continues to be engaged with several Air Force opportunities, both directly and through its relationships with top-10 prime contractors.

One Stop Systems Announces Appointment of Aerospace and Defense Veteran Michael Knowles as President and Chief Executive Officer

Retrieved on: 
Monday, May 22, 2023

Knowles has held executive leadership positions at several defense contractors, including Cubic Corporation, Rockwell Collins, Lockheed Martin, and Curtiss Wright Defense Solutions.

Key Points: 
  • Knowles has held executive leadership positions at several defense contractors, including Cubic Corporation, Rockwell Collins, Lockheed Martin, and Curtiss Wright Defense Solutions.
  • Over his career he has effectively developed and launched market-changing technologies and products in both defense and commercial markets.
  • As President and GM of Cubic Corporation’s Mission and Performance Solutions business, Knowles led a $700 million global business unit with 2,000 employees.
  • Knowles has more than 30 years of leadership experience in global aerospace and defense markets, having led successful business captures resulting in billion-dollar program and product portfolios.

OSS Reports Q1 2023 Results

Retrieved on: 
Thursday, May 11, 2023

ESCONDIDO, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, reported results for the first quarter ended March 31, 2023.

Key Points: 
  • ESCONDIDO, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, reported results for the first quarter ended March 31, 2023.
  • Revenue from OSS Europe increased 26% to $8.2 million, including an incremental $1 million of higher-margin OSS core products.
  • OSS Europe’s gross margin percentage improved 280 basis points to 23.8% as compared to 21.0%, due to more OSS core products sold in European markets.
  • OSS management will hold a conference call to discuss its results for the first quarter ended March 31, 2023, later today, followed by a question-and-answer period.

OSS Wins $3.5 Million U.S. Air Force Program for AI Transportable Storage Servers

Retrieved on: 
Wednesday, May 10, 2023

It is valued at approximately $3.5 million over the next three years and has opened up additional opportunities for OSS AI Transportable solutions.

Key Points: 
  • It is valued at approximately $3.5 million over the next three years and has opened up additional opportunities for OSS AI Transportable solutions.
  • The servers feature proprietary OSS Gen 4 PCI express NVMe controllers, OSS transportable hot-swap drive canisters, and NVMe SSDs that support government encryption standards.
  • The servers are expected to serve as a head storage node for data collection located at U.S. Air Force ground stations that house military aircraft.
  • OSS is also currently working with multiple prime military contractors on other U.S. Air Force programs.

OSS Reports Record Revenue up 17% to $72.4 Million and Adjusted EBITDA up 6% to $5.2 Million

Retrieved on: 
Thursday, March 23, 2023

“2023 was overall a strong year for OSS, with revenue up 16.8% to a record $72.4 million,” commented OSS president and CEO, David Raun.

Key Points: 
  • “2023 was overall a strong year for OSS, with revenue up 16.8% to a record $72.4 million,” commented OSS president and CEO, David Raun.
  • “The increased sales and continued controls on spending drove adjusted EBITDA for the year to a record $5.2 million.
  • Core OSS business increased 12.5%, contributing $43.3 million of revenue, with OSS Europe increasing 24.0% and contributing $29.1 million of revenue.
  • Adjusted EBITDA, a non-GAAP measure, totaled $5.2 million or 7.1% of revenue compared to $4.9 million or 7.9% of revenue in 2021.