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One Stop Gains on New Order

One Stop Systems, Inc. (NASDAQ: OSS) shares gathered strength Thursday, as the company boasting a status as a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the Edge, today announced an initial purchase order valued at over $500,000 from The U.S. Army that is expected to be recognized in 2024. The order represents a new customer, and a new platform win for OSS, which the Company believes supports a multi-year opportunity based on current program requirements.

The initial order will leverage the Company’s integrated hardware and storage software capabilities to support the U.S. Army’s efforts to test threat detection systems, countermeasures, and other aircraft survivability systems for the U.S. Army’s rotary-winged aircraft. Under the terms of the program, OSS will supply rugged 3U Short Depth Servers (SDS) for high-speed airborne data recording. The SDS was chosen by the U.S. Army for its proven performance in rugged land, sea, and air deployments including previously announced program wins in trucks, mobile command centers, undersea vehicles, and airborne platforms.

Said Sales official Robert Kalebaugh, “Our long-term success on Department of Defense Ground, Shipboard and Air platforms such as the U.S. Navy’s P-8 maritime patrol and reconnaissance aircraft, provides us with proven capabilities to extend our SDS products to support the U.S. Army’s rotary aircraft platforms.”

OSS shares picked up a nickel, or 2.5%, to $2.08.