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OSI Systems, Inc. (OSIS) is a diversified global enterprise with over 30 years of expertise in electronics engineering and manufacturing. The company is focused on creating solutions for a safer and healthier world through its three primary business segments: Security, Healthcare, and Optoelectronics and Manufacturing. With offices and production facilities in more than a dozen countries and employing over 3,000 people, OSI Systems is a key player in multiple industries.
In the Security segment, OSI Systems, through its subsidiary Rapiscan Systems, is a global leader in security screening, with over 70,000 systems installed across more than 100 countries. These products are known for their outstanding threat detection, proven reliability, and exceptional value.
The Healthcare segment, represented by Spacelabs Healthcare, focuses on innovative patient monitoring, diagnostic cardiology, ventilation systems, and defibrillators. Their aim is to connect innovation with care, providing healthcare professionals with the tools necessary to improve patient outcomes.
Lastly, the Optoelectronics and Manufacturing segment designs and manufactures specialized electronic components and provides engineering and manufacturing services. These offerings serve both the Security and Healthcare segments, as well as external original equipment manufacturers (OEMs).
OSI Systems' commitment to solving real-world problems and issues is evident through its continuous innovation and strategic partnerships. The company prides itself on helping security experts, clinical professionals, and high-tech developers by delivering high-quality, reliable products.
Financially, OSI Systems generates the majority of its revenue from the Americas, with additional significant contributions from Europe, the Middle East, Africa, and the Asia-Pacific regions. The company's robust product portfolio and strategic presence globally make it a significant player in its field.
Stay updated with the latest news and developments from OSI Systems to better understand their market performance and strategic moves.
OSI Systems, Inc. (NASDAQ: OSIS) announced a multi-year contract valued at approximately $16 million from an international client. This contract covers maintenance, repair, upgrades, and support services for various cargo, vehicle, and baggage inspection systems operational at customer checkpoints. CEO Deepak Chopra expressed enthusiasm for supporting the customer's border security objectives through this service agreement.
OSI Systems (NASDAQ: OSIS) has secured a contract worth approximately $6 million for operation and maintenance services of critical infrastructure facilities. This contract involves the operation of Rapiscan® Systems and AS&E® detection systems. CEO Deepak Chopra expressed pride in supporting this longstanding customer with their security missions. OSI Systems specializes in electronic systems and components for sectors including homeland security and healthcare, leveraging over 40 years of industry experience.
OSI Systems has announced a new order valued at approximately $5 million from a U.S. customer to service its baggage and parcel inspection (BPI) systems as well as cargo screening systems. This development reflects OSI Systems’ commitment to providing ongoing support for its existing networks of equipment. The company has over 40 years of experience in engineering and manufacturing specialized electronic systems for sectors such as homeland security, healthcare, defense, and aerospace.
OSI Systems announced an order worth approximately $16 million from its Security division for maintenance and support of U.S. aviation checkpoint inspection systems. CEO Deepak Chopra expressed satisfaction with the order and the ongoing support for the installed systems. OSI Systems specializes in designing and manufacturing electronic systems for critical applications across multiple sectors, including homeland security and defense. This order underscores the company's commitment to maintaining its systems and solidifying its market position.
OSI Systems announced an order valued at approximately $8 million from a prominent GPS tracking solutions provider for the automotive sector. This contract falls under OSI's Optoelectronics and Manufacturing division, indicating strong demand in the automotive industry. CEO Deepak Chopra expressed enthusiasm in continuing to serve their customer’s needs. OSI Systems specializes in manufacturing electronic systems for critical applications across various sectors, including homeland security and healthcare.
OSI Systems (NASDAQ: OSIS) announced a $6 million order from an international customer for its Rapiscan® 600 series baggage and parcel inspection systems, including accessories and ongoing maintenance. The order underscores the company's commitment to enhancing customs operations through efficient screening technology. Chairman and CEO Deepak Chopra expressed enthusiasm for supporting this important customer, reinforcing OSI Systems' position in the homeland security market, which relies on over 40 years of engineering experience.
OSI Systems announced that its Healthcare division, Spacelabs Healthcare®, secured orders worth approximately $6 million from a U.S. hospital for patient monitoring solutions and related accessories. These products will be installed in critical care areas like operating rooms and ICUs, focusing on post-anesthesia, neonatal, and pediatric care. CEO Deepak Chopra expressed enthusiasm for the partnership and the benefits of their advanced solutions in providing comprehensive patient care.
OSI Systems (NASDAQ: OSIS) announced a significant contract valued at approximately $15 million for upgrading security systems at a major international airport. The order includes its RTT®110 hold baggage screening systems, alongside various checkpoint security solutions such as the Rapiscan 920CT and Orion® baggage scanners, Itemiser® 5x trace detection units, and Metor® walk-through metal detectors. This project aims to enhance airport security, as stated by Chairman and CEO Deepak Chopra.
OSI Systems announced a $4 million order from a U.S.-based hospital through its Healthcare division, Spacelabs Healthcare. The order includes advanced patient monitoring products, such as Xhibit Central Stations, Qube Patient Monitors, and Spacelabs SafeNSound patient management software. CEO Deepak Chopra expressed pride in providing these essential healthcare solutions to a prominent medical center. OSI Systems specializes in electronic systems for critical applications across various industries, boasting over 40 years of experience.
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