OSS Announces $6 Million in Combined Platform Contract Renewals for Two Existing U.S. Department of Defense Programs
One Stop Systems (OSS) has secured two significant contract renewals with the U.S. Department of Defense, totaling $6 million. The first is a $4 million contract for the P-8A Poseidon Aircraft program, including production orders, tech refresh, and a 5-year support extension under a $36 million sole-source supplier agreement. This contract involves providing high-capacity flash storage systems and support services.
The second renewal is a $2 million contract for upgrading PCIe infrastructure supporting sonar sensor processing on the Virginia Class Submarine. This sole-source agreement, ongoing since 2010, will support the program for at least another decade. Prototypes will be delivered in early 2025, with production systems following later in the year.
One Stop Systems (OSS) ha ottenuto due importanti rinnovi di contratto con il Dipartimento della Difesa degli Stati Uniti, per un totale di 6 milioni di dollari. Il primo è un contratto da 4 milioni di dollari per il programma dell'aereo P-8A Poseidon, che include ordini di produzione, aggiornamenti tecnologici e un'estensione di supporto di 5 anni nell'ambito di un accordo esclusivo con un fornitore da 36 milioni di dollari. Questo contratto prevede la fornitura di sistemi di archiviazione flash ad alta capacità e servizi di supporto.
Il secondo rinnovo è un contratto da 2 milioni di dollari per l'aggiornamento dell'infrastruttura PCIe che supporta l'elaborazione dei sensori sonar sul sottomarino della Classe Virginia. Questo accordo esclusivo, attivo dal 2010, supporterà il programma per almeno un altro decennio. I prototipi saranno consegnati all'inizio del 2025, con i sistemi di produzione che seguiranno più avanti nel corso dell'anno.
One Stop Systems (OSS) ha asegurado dos renovaciones de contrato significativas con el Departamento de Defensa de los EE. UU., por un total de 6 millones de dólares. La primera es un contrato de 4 millones de dólares para el programa del avión P-8A Poseidon, que incluye órdenes de producción, actualización tecnológica y una extensión de soporte de 5 años bajo un acuerdo exclusivo con un proveedor de 36 millones de dólares. Este contrato implica la provisión de sistemas de almacenamiento flash de alta capacidad y servicios de soporte.
La segunda renovación es un contrato de 2 millones de dólares para la actualización de la infraestructura PCIe que apoya el procesamiento de sensores sonar en el submarino de Clase Virginia. Este acuerdo exclusivo, vigente desde 2010, apoyará el programa durante al menos otra década. Los prototipos se entregarán a principios de 2025, con los sistemas de producción que llegarán más tarde en el año.
원스톱 시스템즈(OSS)는 미국 국방부와 총 6백만 달러 규모의 두 건의 중요한 계약 갱신을 체결했습니다. 첫 번째 계약은 4백만 달러 계약으로 P-8A 포세이돈 항공기 프로그램을 위한 것으로, 생산 주문, 기술 업데이트 및 3천6백만 달러의 독점 공급업체 계약에 따른 5년 지원 연장을 포함합니다. 이 계약은 고용량 플래시 저장 시스템 및 지원 서비스를 제공하는 것입니다.
두 번째 갱신은 버지니아급 잠수함의 소나 센서 처리를 지원하는 PCIe 인프라 업그레이드를 위한 2백만 달러 계약입니다. 이 독점 계약은 2010년부터 진행되고 있으며, 향후 최소 10년간 프로그램을 지원할 것입니다. 프로토타입은 2025년 초에 배송될 예정이며, 생산 시스템은 그 해 후반에 따라올 것입니다.
One Stop Systems (OSS) a sécurisé deux renouvellements de contrats significatifs avec le Département de la Défense des États-Unis, totalisant 6 millions de dollars. Le premier est un contrat de 4 millions de dollars pour le programme de l'avion P-8A Poseidon, comprenant des commandes de production, des mises à jour technologiques et une extension de support de 5 ans dans le cadre d'un contrat exclusif de 36 millions de dollars. Ce contrat implique la fourniture de systèmes de stockage flash haute capacité et de services de support.
Le deuxième renouvellement est un contrat de 2 millions de dollars pour la mise à niveau de l'infrastructure PCIe soutenant le traitement des capteurs sonar sur le sous-marin de classe Virginia. Cet accord exclusif, en cours depuis 2010, soutiendra le programme pendant au moins une autre décennie. Les prototypes seront livrés début 2025, suivis des systèmes de production plus tard dans l'année.
One Stop Systems (OSS) hat zwei bedeutende Vertragsverlängerungen mit dem US-Verteidigungsministerium im Gesamtwert von 6 Millionen Dollar gesichert. Der erste ist ein Vertrag über 4 Millionen Dollar für das P-8A Poseidon Flugzeugprogramm, das Produktionsaufträge, technische Aktualisierungen und eine 5-jährige Unterstützungserweiterung im Rahmen eines Alleinlieferantenvertrags über 36 Millionen Dollar umfasst. Dieser Vertrag umfasst die Bereitstellung von Hochkapazitäts-Flashspeichersystemen und Unterstützungsdiensten.
Die zweite Verlängerung ist ein Vertrag über 2 Millionen Dollar zur Aufrüstung der PCIe-Infrastruktur, die die Verarbeitung von Sonarsensoren auf dem Virginia-Klasse-U-Boot unterstützt. Dieser Alleinlieferantenvertrag, der seit 2010 besteht, wird das Programm mindestens ein weiteres Jahrzehnt unterstützen. Prototypen werden Anfang 2025 geliefert, gefolgt von Produktionssystemen später im Jahr.
- Secured $6M in contract renewals from U.S. Department of Defense
- Maintains position as sole-source supplier for both military programs
- P-8A contract part of larger $36M, 5-year supplier agreement
- Virginia Class Submarine contract extends program support for 10+ years
- Expected production and design revenue in H2 2025
- None.
Insights
These $6 million in contract renewals represent more than just revenue - they demonstrate OSS's entrenched position in critical military infrastructure. The sole-source supplier status for both programs creates a significant competitive moat, as military qualification processes and security requirements create substantial barriers to entry for competitors.
The P-8A Poseidon contract is particularly noteworthy as it combines hardware, software, and support services. The inclusion of OSS's proprietary Ion Accelerator™ software indicates a deeper technological integration that makes platform switching more challenging and costly for the military. The 5-year support extension provides valuable recurring revenue visibility and operational stability.
The Virginia Class submarine contract renewal, extending the relationship beyond its current 13-year tenure, showcases the long-term nature of defense platform positions. The 10-year support horizon for the PCIe upgrade demonstrates the extended lifecycle of military programs, providing predictable revenue streams and opportunities for technology refreshes.
These renewals validate OSS's strategic focus on ruggedized edge computing solutions for demanding military applications. The company's ability to maintain and expand these platform positions suggests strong execution and customer satisfaction. With additional platform opportunities in the pipeline, OSS is well-positioned to leverage its proven capabilities and incumbent status to secure new military programs.
Renewals include a
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 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 two contract renewals under longstanding U.S. Department of Defense platform programs. Renewals include an approximate
“We are pleased to announce two program renewals, highlighting our recurring incumbent platform positions and the proven hardware and software capabilities we have created for demanding military applications. These longstanding programs face periodic technology upgrade cycles, and receiving contract renewals is a testament to the continual value we provide in delivering high-performance edge computing solutions. These platform positions are critical components of our long-term strategic plan, and based on our current pipeline, we hope to announce additional platform opportunities in the coming quarters,” stated OSS President and CEO, Mike Knowles.
P-8A Poseidon Aircraft Renewal and Tech Refresh
The approximate
Designed and manufactured by OSS, these full military-spec storage systems feature hot-swappable canisters of high-capacity NVMe flash storage that may be easily removed and securely transported to ground stations upon the aircraft’s return to base. Controlled by the Company’s exclusive Ion Accelerator™ storage software, these flash storage arrays store high volumes of real-time data collected from the aircraft’s advanced airborne sensors comprised of multifunction radar and associated tracking systems.
Virginia Class Submarine Renewal
The approximate
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 www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.
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 potential and/or the results of program renewals with defense contractors and the U.S. Department of Defense, any actual revenue derived from the agreements, the future adoption of technologies or applications, and the expansion of the Company’s offerings and/or relationship with different branches of the U.S. Armed Forces. 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
Email contact
Investor Relations:
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Managing Director
SM Berger & Company, Inc.
Tel (216) 464-6400
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FAQ
What is the total value of OSS's recent Department of Defense contract renewals?
What is the scope of OSS's P-8A Poseidon Aircraft contract renewal?
When will OSS begin delivering products for the Virginia Class Submarine contract?
How long has OSS been a supplier for the Virginia Class Submarine program?
