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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.
One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable compute and storage solutions, will host a conference call on May 11, 2023 at 5:00 p.m. Eastern time to discuss its first-quarter results for the period ending March 31, 2023. The financial results will be announced in a press release prior to the call.
The call will feature a presentation by OSS management, followed by a Q&A session. Interested participants can join via the toll-free number 1-888-886-7786 or the international number 1-416-764-8658, using the conference ID 88940744. A replay will be available post-call until May 25, 2023.
For more details, including the webcast link, please visit onestopsystems.com.
One Stop Systems (Nasdaq: OSS) and TMGcore showcase their innovative two-phase liquid immersion-cooled Rigel Edge Supercomputer at the Sea-Air-Space 2023 conference, held from April 3-5 in National Harbor, MD. This demonstration combines OSS's compact rugged supercomputer with TMGcore's EdgeBox-X immersion cooling solution, enhancing operating efficiency and reducing electronic signatures for military applications. The Rigel supports high-speed networking and can function efficiently in demanding environments. The collaboration aims to innovate further for AI transportable solutions, targeting applications like military drones and surveillance aircraft, paving the way for advanced computing solutions at the edge.
One Stop Systems (Nasdaq: OSS) reported its Q4 and full-year 2022 results, showing a 2.7% revenue increase to $18.2 million in Q4 and 16.8% growth to a record $72.4 million for the year. Gross profit remained flat at $5.0 million in Q4, while the net loss widened to $3.3 million, impacted by a $3.9 million write-down of deferred tax assets. Adjusted EBITDA rose to $1.6 million in Q4 and $5.2 million for the year. Operational highlights include 19 major program wins and a five-year contract extension with the U.S. Navy. Despite lower gross margins, OSS anticipates a revenue outlook of $16.6 million for Q1 2023 and projects significant military sales growth in the upcoming year.
One Stop Systems, Inc. (Nasdaq: OSS) will hold a conference call on March 23, 2023, at 5:00 p.m. Eastern time, to discuss its fourth quarter and full year results for the year ended December 31, 2022. A press release with financial results will be issued before the call. The call will include a Q&A session, and participants are encouraged to call five minutes early. The conference can be accessed toll-free at 1-888-886-7786. An archived version will be available on the company’s website within two hours post-call. OSS specializes in AI transportable compute solutions and serves various industries, including defense and autonomous technologies.
One Stop Systems (Nasdaq: OSS) will present at the 35th Annual ROTH Conference on March 12-14, 2023, at The Ritz Carlton, Laguna Niguel, California. The event includes on-demand presentations and opportunities for one-on-one meetings with management, including CEO David Raun and CFO John Morrison. They will discuss OSS's leadership in the AI Transportables sector, which is rapidly evolving within edge computing. In Q3 2022, OSS reported an 18% revenue increase, reaching $18.8 million, with a non-GAAP EPS of $0.03. This highlights the company's growth potential in delivering high-performance solutions for demanding environments.
One Stop Systems (Nasdaq: OSS) has secured a $1.3 million order from the U.S. Army for a ruggedized compute visualization system that utilizes OSS PCIe Gen 4 technology and NVIDIA Jetson AGX Orin modules. This system will enhance 360-degree visualization for over 14,000 Army vehicles, improving operational effectiveness and safety. The design includes a compute accelerator for video decoding, ensuring low-latency video feeds from external cameras to multiple internal displays. OSS's experience in ruggedizing technology and its recent Cybersecurity Maturity Model Certification aided in winning this contract. Prototypes are expected later this year.
One Stop Systems (OSS) announces the resignation of CEO David Raun, effective upon the appointment of a successor. Although a candidate is not yet identified, an internationally recognized search firm has been engaged. Raun will remain as a member of the Board of Directors. Under his leadership, OSS has focused on AI Transportable solutions, aligning with the Department of Defense for high-margin opportunities. The company anticipates announcing key military technology integrations in 2023. While internal organizational changes were made, Raun expressed confidence in OSS's future and commitment to a smooth transition.
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