An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
OSI Systems Receives $6 Million Order for Cargo and Vehicle Inspection Systems
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
OSI Systems, Inc. (NASDAQ: OSIS) has secured a $6 million order from an international client for its Eagle® P60 high energy cargo and vehicle inspection system, including maintenance and support services. The company's Chairman and CEO, Deepak Chopra, expressed commitment to enhancing infrastructure security via this versatile detection solution. This order bolsters OSI's position in the security sector, reflecting its continued growth in critical applications within homeland security and other industries.
Positive
Received a $6 million order for Eagle® P60 inspection systems, indicating strong demand and business growth.
Negative
None.
HAWTHORNE, Calif.--(BUSINESS WIRE)--
OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division has received an order valued at approximately $6 million from an international customer to provide multiple units of its Eagle® P60 high energy drive through cargo and vehicle inspection portal and follow-on maintenance service and support.
OSI Systems’ Chairman and CEO, Deepak Chopra, stated, “We look forward to supporting this customer’s mission to enhance infrastructure security with our versatile cargo inspection solution.”
About OSI Systems
OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems’ current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems’ control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems’ future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in OSI Systems’ most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.
