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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.

News

OSS to Showcase Specialized High-Performance AI Computing Solutions at WEST 2024 on February 13-15

Rhea-AI Summary
One Stop Systems, Inc. (OSS) to showcase high-performance AI computing solutions at WEST 2024. Recent military wins and contracts highlight OSS's leadership in AI technology.
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OSS Ships New Gen 5 AI Edge Compute Accelerator

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One Stop Systems, Inc. (Nasdaq: OSS) has started shipping its latest Gen 5 4U Pro Accelerator System to a large composable infrastructure provider, with expected shipments totaling between $4 million and $6 million over the next three years. This new accelerator doubles the interconnect bandwidth performance over the previous generation, includes upgraded power and cooling, and supports multiple NVIDIA H100 Tensor Core GPUs with PCIe Gen 5, resulting in 4.8x the AI inference performance using FP8 precision compared to the previous generation. The company's president and CEO, Mike Knowles, expressed confidence in the product's capabilities and its ability to meet the demands of high-performance computing and resource-intensive AI workloads in the edge computing market, which is projected to grow significantly in the coming years.
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OSS Brings AI Edge Compute Solutions to $5 Billion Motorsport Industry with Andretti Global

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One Stop Systems, Inc. (Nasdaq: OSS) has shipped its first AI Transportable compute system to Andretti Global, a legendary motorsport champion, for advanced AI race analytics using Zapata AI’s Industrial Generative AI platform, Orquestra. This marks OSS's entry into the $5.1 billion motorsport industry, providing ruggedized computing systems on the edge for real-time data analysis and collaboration at trackside.
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OSS and FLYHT Expand Relationship with the Design and Manufacturing of 5G Enabled AFIRS(TM) Edge Solution

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One Stop Systems, Inc. (OSS) and FLYHT Aerospace Solutions Ltd. (FLYLF) have announced a multi-year design and manufacturing collaboration for FLYHT's automated flight information reporting systems (AFIRS) Edge family, including the new AFIRS Edge+. The collaboration will lead to the development of the world's first wireless quick access recorder with 5G mobile wireless for real-time remote access. The expanded relationship ensures that FLYHT has access to OSS's capabilities as it launches the aviation industry's first-to-market 5G-enabled avionics solutions. The engagement is valued at a minimum of US$6 million over the initial five-year term, and OSS expects to begin production and shipments of AFIRS Edge+ in the second quarter of 2024.
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OSS Joins Two Key U.S. DoD Consortiums, SCEC and SOSSEC

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One Stop Systems, Inc. (Nasdaq: OSS) has been accepted as a member of two US Department of Defense (DoD) business consortiums, the System of Systems Consortium (SOSSEC) and the Sensors, Communications, and Electronics Consortium (SCEC). The consortiums have completed more than 330 projects with over 950 consortium members valued in excess of $1 billion. Joining these consortiums further demonstrates the company's commitment to providing high speed PCIe interconnect technology and scalable AI GPU compute systems for DoD partners, creating opportunities to work alongside DoD requirements and acquisition communities, and supporting major DoD initiatives such as Joint All-Domain Command & Control (JADC2).
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OSS Appoints Technology and Defense Industry Executive, Mitchell H. Herbets, to Board of Directors

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One Stop Systems, Inc. (Nasdaq: OSS) appoints Mitchell H. Herbets as a member of its board of directors, expanding the board to nine members and plans to decrease to seven members in 2024. Herbets brings extensive strategic and technical experience, serving as non-executive chairman of Thales Defense and Security, Safran Federal Systems, Photonis Defense, and iDirect Government. He previously served on the board of Wireless Telecom Group and held leadership roles at Thales Communications, achieving significant revenue growth and EBIT. Herbets is a former U.S. Army captain with a bachelor's degree in electrical engineering from Lehigh University and an MBA from George Washington University.
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1.94%
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OSS to Present at Noble Capital Markets Emerging Growth Equity Conference, December 4, 2023

Rhea-AI Summary
One Stop Systems, Inc. (Nasdaq: OSS) has been invited to present at the Noble Capital Markets 19th Emerging Growth Equity Conference at the Florida Atlantic University's Executive Education Complex in Boca Raton, Florida on December 4, 2023. CEO Mike Knowles and CFO John Morrison will present the company’s opportunities in AI Transportables and discuss the company’s leadership in high speed PCIe interconnect technology and scalable AI GPU compute systems. The company recently announced a multi-million-dollar program with Leidos’ Dynetics and continues to be engaged with several military opportunities.
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OSS Wins U.S. Government Program for AI Compute and Storage Solution

Rhea-AI Summary
One Stop Systems, Inc. (Nasdaq: OSS) has secured a multi-million-dollar program with Leidos’ Dynetics, providing rugged High Performance Compute (HPC) for a specialized mobile AI signal collection application. Valued at $2.5-3.5 million over three years, with an initial award of $500,000, this marks OSS' first multi-year win with this prime contractor. The deployment will leverage OSS' unique rugged mobile edge technology, featuring the latest Gen 5 PCIe® SDS-3U GPU-accelerated server powered by AMD EPYC™ 9004 Series Processors and 16 NVMe storage drives, capable of ingesting, recording, and storing up to 480 terabytes of raw RF data signals onto high-speed NVMe SSDs.
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OSS Unveils New Gen 5 AI Transportable Compute Server

Rhea-AI Summary
One Stop Systems, Inc. (Nasdaq: OSS) - OSS Gen 5 Server Doubles Performance -- Powering the Most Demanding Intelligent Edge Applications. One Stop Systems, Inc. announces the unveiling of its latest AI Transportable, a Gen 5 short-depth server (SDS), at SC23, the international conference for high performance computing. The new Gen 5 AI Transportable compute server doubles the performance over previous generations for powering the most demanding intelligent edge applications. Powered by four PCIe NVIDIA H100 Tensor Core GPUs, it delivers double the bandwidth compared to its Gen 4 predecessors. The server is designed to meet stringent, mil-spec requirements for shock and vibration, redundancy, operating temperature, altitude, and uninterrupted power, making it suitable for a wide range of edge applications, from autonomous trucks to mobile data centers.
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One Stop Systems Reports Q3 2023 Results

Rhea-AI Summary
One Stop Systems, Inc. (Nasdaq: OSS) reported Q3 2023 financial highlights, operational highlights, and subsequent events. Revenue totaled $13.7 million with a gross margin of 26.6%. Loss before income taxes was $3.4 million. The company anticipates Q4 2023 revenue of approximately $13.0 million, resulting in revenue of approximately $60 million for the full year of 2023.
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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.

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One Stop Systems, Inc.

Nasdaq:OSS

OSS Rankings

#4843 Ranked by Market Cap
N/A Ranked by Dividends

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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