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One Stop Systems, Inc. - OSS STOCK NEWS

Welcome to our dedicated page for One Stop Systems news (Ticker: OSS), a resource for investors and traders seeking the latest updates and insights on One Stop Systems stock.

One Stop Systems, Inc. (Nasdaq: OSS) is a trailblazer in the design, manufacture, and marketing of rugged high-performance computing (HPC) and storage systems, specifically targeted for edge applications involving artificial intelligence (AI) and machine learning (ML). The company is known for its expertise in developing advanced PCI and PCI Express expansion systems, which enhance server, desktop, and portable platform capabilities, offering fault-tolerant, reliable, and serviceable solutions for mission-critical environments.

The company operates through two segments: OSS and Bressner. The OSS segment focuses on creating specialized high-performance customized computers and flash arrays, in-flight entertainment, and connectivity solutions. The Bressner segment acts as a system integrator, providing all-in-one hardware systems and components for industrial environments, contributing to the majority of the company's revenue.

OSS's innovation is highlighted by their recent achievements, including winning a contract with a U.S. intelligence agency for a liquid immersion-cooled HPC solution. This deployment will utilize OSS's rugged edge technology, capable of delivering up to 52GB/s sustained storage bandwidth. OSS's Gen 4 PCIe® 3U-SDS will integrate into a liquid immersion-cooled system for mobile ground station applications, marking a significant milestone for the company.

The company's product line includes ruggedized servers, compute accelerators, and flash storage arrays used across various industries, such as audio and video production, test and measurement, medical imaging, surveillance, aerospace, defense, and telecommunications. Their solutions support the entire AI workflow, from high-speed data acquisition to deep learning and large-scale inference.

Financially, OSS is transitioning from lower-margin media revenues to focus on high-margin AI transportable growth strategies. Despite a decrease in overall revenue in 2023 due to this transition, OSS saw an increase in gross margins, demonstrating the success of their new strategic focus.

OSS's products and services are globally available, reflecting their commitment to delivering high-performance solutions in the most challenging environments without compromise. Their customer base spans commercial and defense markets, ensuring robust support and growth opportunities for their high-performance computing solutions.

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One Stop Systems, Inc. (Nasdaq: OSS) will hold its Annual Meeting of Shareholders virtually on May 15, 2024, at 11:00 AM PT. Shareholders as of March 22, 2024, can register, vote electronically, and submit questions online. Registration is required prior to the meeting at www.proxydocs.com/oss.

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One Stop Systems, Inc. (OSS) will release its first quarter 2024 financial results on May 9, 2024. The company specializes in rugged Enterprise Class compute for AI, ML, and sensor processing. A conference call and webcast will be held to review the results.
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One Stop Systems, Inc. (OSS) CEO and Chairman share a letter with shareholders outlining the company's successes in 2023 and expectations for a transformative 2024.
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One Stop Systems, Inc. (OSS) appoints Craig Powell as Business Development Executive to focus on expanding sales opportunities in defense and commercial markets. Powell brings over 20 years of experience in the defense industry and C5ISR market verticals, with a background in the Canadian Army and previous roles at companies like Overwatch Imaging and Systel, Inc.
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One Stop Systems, Inc. (OSS) secures a new purchase order from the U.S. Army to design and manufacture a video concentrator for their rugged 360-degree visualization compute system. This expands OSS's scope in the visualization system, utilizing advanced technology for autonomous machines and embedded applications. The system is projected to be fielded in 2025 after successful testing, showcasing OSS's expertise in high-performance compute technology for AI and sensor fusion applications.
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One Stop Systems, Inc. (OSS) has secured a $300,000 order from a leading commercial vehicle manufacturer's subsidiary to develop a ruggedized Liquid Cooling System for self-driving technology in autonomous trucks. The order is for prototypes, with shipments expected to start later this year. This collaboration showcases OSS' expertise in high-performance compute systems for AI and ML applications.
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One Stop Systems, Inc. (Nasdaq: OSS) reported Q4 2023 results with a focus on AI and ML markets. Despite a revenue decline due to media revenue impact, the company saw gross margin improvement. Operational highlights include winning a U.S. government program, unveiling a new Gen 5 short-depth server, and starting a collaboration with FLYHT Aerospace. The company anticipates revenue of $12.5 million in Q1 2024. Financially, consolidated revenue decreased by 27.9% to $13.2 million in Q4 2023, with OSS segment revenue declining by 43.5%. However, consolidated gross margin increased by 640 basis points to 33.7%. The company reported a net loss of $278,000 in Q4 2023.
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One Stop Systems, Inc. (Nasdaq: OSS) secures a pilot project to provide liquid immersion-cooled data storage system for a U.S. intelligence agency mobile ground station. The project marks the first liquid immersion-cooled high-performance compute solution for the agency, showcasing OSS' unique technology. The system delivers up to 52GB/s sustained storage bandwidth and is ruggedized for harsh edge environments. The project signifies OSS' expansion into the intelligence community and highlights its commitment to high-throughput, ruggedized storage solutions for AI/ML mission objectives.
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One Stop Systems, Inc. (Nasdaq: OSS) will host a conference call on March 21, 2024, to discuss its Q4 and full-year 2023 results. The call will include a Q&A session, and a webcast will be available for replay. Investors can access the archived webcast on the company's website. Contact details for joining the call and accessing the replay are provided in the press release.
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One Stop Systems, Inc. (OSS) has been invited to present at the 36th Annual ROTH Conference, showcasing their leadership in rugged high performance compute for AI, ML, and sensor processing. CEO and CFO will discuss market opportunities and technology advancements.
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FAQ

What is the current stock price of One Stop Systems (OSS)?

The current stock price of One Stop Systems (OSS) is $2.39 as of November 15, 2024.

What is the market cap of One Stop Systems (OSS)?

The market cap of One Stop Systems (OSS) is approximately 49.6M.

What is One Stop Systems, Inc. (OSS)?

One Stop Systems, Inc. (OSS) is a leading company designing and manufacturing rugged high-performance computing and storage systems for edge applications involving AI, ML, and sensor processing.

What are the core segments of OSS?

OSS operates in two main segments: the OSS segment, which focuses on high-performance customized computers and flash arrays, and the Bressner segment, which provides all-in-one hardware systems and components for industrial environments.

What recent projects has OSS undertaken?

Recently, OSS secured a contract with a U.S. intelligence agency for their liquid immersion-cooled high-performance compute system, showcasing their advanced rugged edge technology.

What industries does OSS serve?

OSS serves various industries, including audio and video production, medical imaging, aerospace, defense, telecommunications, and more, providing solutions for high-speed data acquisition, deep learning, and large-scale inference.

How is OSS performing financially?

OSS is transitioning from lower-margin media revenues to higher-margin AI transportable solutions. Despite a recent drop in overall revenue, the company has seen an increase in gross margins due to its new strategic focus.

What products does OSS offer?

OSS offers a range of products including ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software designed for high-performance and rugged applications.

How can customers acquire OSS products?

OSS products are available directly through the company or via global distributors. For more information, customers can visit www.onestopsystems.com.

What makes OSS's products unique?

OSS's products stand out due to their ruggedness, high performance, and capability to operate in harsh environments, supporting AI, ML, and sensor processing at the edge without compromise.

What is the significance of OSS's Gen 4 PCIe® 3U-SDS?

The Gen 4 PCIe® 3U-SDS is a high-speed NVMe data recording system capable of delivering up to 52GB/s sustained storage bandwidth, ideal for rugged mobile edge applications.

What strategic shifts has OSS made recently?

OSS has shifted its focus from lower-margin media revenues to high-margin AI transportable growth strategies, aligning its business with the growing demand for AI and ML solutions in commercial and defense markets.

One Stop Systems, Inc.

Nasdaq:OSS

OSS Rankings

OSS Stock Data

49.62M
21.12M
16.88%
32.64%
0.14%
Computer Hardware
Electronic Computers
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United States of America
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