ONE STOP SYSTEMS, INC.


Associated tags: OSS, NAS, AI, Ion, Software, Mining, PCI Express, Start-stop system, CMA, GPU, NVM Express

Locations: ESCONDIDO, CA, US

One Stop Systems Reports Q1 2024 Results

Retrieved on: 
Thursday, May 9, 2024

ESCONDIDO, Calif., May 09, 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, reported results for the first quarter ended March 31, 2024.

Key Points: 
  • ESCONDIDO, Calif., May 09, 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, reported results for the first quarter ended March 31, 2024.
  • “While we expect the transition to take a couple more quarters to complete, I am encouraged by our performance during the 2024 first quarter, as consolidated revenue, bookings, gross margin, and EBITDA met or exceeded our plan.
  • Won a pilot project to provide a liquid immersion-cooled data storage system for use on a deployable ground station.
  • The following table sets forth net revenue by product category for the three months ended March 31, 2024, and March 31, 2023, by segment:

One Stop Systems to Report First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 25, 2024

ESCONDIDO, Calif., April 25, 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, announced today that the Company will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024.

Key Points: 
  • ESCONDIDO, Calif., April 25, 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, announced today that the Company will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024.
  • A webcast and conference call will be held that same day at 5:00 p.m.
  • ET to review the Company’s results.

One Stop Systems CEO and Chairman Issue Letter to Shareholders

Retrieved on: 
Monday, April 15, 2024

Robert brings over 35 years of defense and commercial experience to OSS and has quickly built a strong sales platform and culture.

Key Points: 
  • Robert brings over 35 years of defense and commercial experience to OSS and has quickly built a strong sales platform and culture.
  • As the tenure of our sales team grows, we are focused on converting our strong pipeline into orders throughout 2024 and beyond.
  • I am pleased with the support, leadership, and guidance they have already brought to the Board and the OSS team.
  • We also would like to thank our shareholders and customers for their continued support as we continue to bring innovative solutions to market.

One Stop Systems Expands Business Development Team to Support Growth in U.S. and International Defense and Commercial Markets

Retrieved on: 
Tuesday, April 9, 2024

ESCONDIDO, Calif., April 09, 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 that it has expanded its business development team and appointed Craig Powell Business Development Executive. Under this new role, Powell will be responsible for expanding the Company’s sales opportunities in U.S. and International defense and commercial markets.

Key Points: 
  • Under this new role, Powell will be responsible for expanding the Company’s sales opportunities in U.S. and International defense and commercial markets.
  • Mike Knowles, Chief Executive Officer, stated, “Investing in our sales infrastructure is an important strategic focus as we pursue significant opportunities across our defense and commercial markets.
  • Prior to this, Powell held senior level Business Development positions at Systel, Inc., a leading provider of ruggedized computers, purpose-built for mission success for defense and commercial deployments.
  • He also held Business Development positions at Rheinmetall Defense, Haivision, L3Harris Technologies, Teledyne FLIR, and American Apex Corporation.

OSS to Design and Manufacture New Video Concentrator for U.S. Army 360-Degree Visualization Systems Using the Leading GPU Platform for Embedded Applications

Retrieved on: 
Wednesday, March 27, 2024

This new video concentrator will be incorporated into the rugged 360-degree visualization compute system that OSS is designing and building for U.S. Army land vehicles, including the Stryker, Bradley and Abrams.

Key Points: 
  • This new video concentrator will be incorporated into the rugged 360-degree visualization compute system that OSS is designing and building for U.S. Army land vehicles, including the Stryker, Bradley and Abrams.
  • This new order expands the company’s scope on the visualization system that OSS originally announced in February 2023.
  • The vehicle visualization system uses OSS PCIe Gen 4 switch fabric technology and the same leading ARM CPU and GPU platform for autonomous machines and embedded applications used in the previously announced system.
  • OSS will work closely with the U.S. Army to deliver prototypes of the new system over the next few months.

OSS to Develop Ruggedized Liquid Cooling for a Commercial Autonomous Truck Customer

Retrieved on: 
Tuesday, March 26, 2024

ESCONDIDO, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in rugged high-performance compute (HPC) for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, has received an order from an existing OSS customer to design and manufacture a new ruggedized Liquid Cooling System for cooling self-driving technology in a commercial autonomous truck deployment.

Key Points: 
  • ESCONDIDO, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in rugged high-performance compute (HPC) for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, has received an order from an existing OSS customer to design and manufacture a new ruggedized Liquid Cooling System for cooling self-driving technology in a commercial autonomous truck deployment.
  • The customer, a subsidiary of one of the world’s largest commercial vehicle manufacturers, is a pioneer in self-driving technology and is utilizing Level 4 driving automation for commercial trucks currently under development.
  • Leveraging OSS’ engineering expertise to cool compact and ruggedized high-performance compute systems, OSS will integrate a chassis-mounted liquid chiller, coolant pump, and control system firmware to create a self-contained active cooling system for the customer’s advanced driver-assistance systems (ADAS).
  • “We are excited to support our customer’s commercialization efforts by providing them with our leading liquid cooling expertise and solutions,” stated OSS president and CEO, Mike Knowles.

One Stop Systems Reports Q4 2023 Results

Retrieved on: 
Thursday, March 21, 2024

ESCONDIDO, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in rugged high-performance compute (HPC) for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, reported results for the fourth quarter and twelve months ended December 31, 2023.

Key Points: 
  • ESCONDIDO, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in rugged high-performance compute (HPC) for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, reported results for the fourth quarter and twelve months ended December 31, 2023.
  • Commenced a multi-year design and manufacturing collaboration for FLYHT Aerospace’s automated flight information reporting systems (AFIRS™) Edge family.
  • The decrease in revenue in the full year of 2023 was due to the same reasons for the decline in the fourth quarter.
  • OSS will hold a conference call later today to discuss its results for the fourth quarter and full year ended December 31, 2023, followed by a question-and-answer period.

OSS Wins U.S. Intelligence AI Project for Liquid Immersion-Cooled Storage Server at the Edge

Retrieved on: 
Tuesday, March 12, 2024

Procured through a global defense prime contractor, the win represents the first liquid immersion-cooled high-performance compute solution for a U.S. intelligence agency mobile ground station application and a new intelligence community end user for OSS.

Key Points: 
  • Procured through a global defense prime contractor, the win represents the first liquid immersion-cooled high-performance compute solution for a U.S. intelligence agency mobile ground station application and a new intelligence community end user for OSS.
  • OSS will integrate two 3U-SDS units into a liquid immersion-cooled system which will be a part of a deployable ground station at the edge.
  • The custom storage accelerator system will be ruggedized for the harshest of edge environments.
  • The OSS SDS storage system is also available for commercial and industrial use and can be ordered directly from OSS sales engineers at [email protected] or +1 (877) 438-2724.

OSS to Hold Fourth Quarter and Full Year 2023 Conference Call on Thursday, March 21, 2024 at 5:00 p.m. ET

Retrieved on: 
Thursday, February 29, 2024

The financial results will be issued in a press release prior to the call.

Key Points: 
  • The financial results will be issued in a press release prior to the call.
  • 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 April 4, 2024.

OSS to Present at the 36th Annual ROTH Conference, March 17-19, 2024

Retrieved on: 
Thursday, February 22, 2024

The conference will feature on-demand presentations by companies across a range of industry sectors, in-person one-on-one and small group meetings, thematic industry panels and fireside chats.

Key Points: 
  • The conference will feature on-demand presentations by companies across a range of industry sectors, in-person one-on-one and small group meetings, thematic industry panels and fireside chats.
  • Past conferences have attracted more than 5,000 participants, including institutional investors, family offices, high-net-worth investors, and equity analysts.
  • To schedule a one-on-one meeting with OSS, please contact your ROTH representative.
  • For questions or further information about OSS, please contact Ron Both of CMA at (949) 432-7557, or submit your request here .