STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

OSS Announces New $5 Million Order from the U.S. Navy

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

One Stop Systems (Nasdaq: OSS) has secured a new $5 million contract from the U.S. Navy for the P-8A Poseidon Reconnaissance Aircraft program. The company will deliver 61 military-spec data storage units featuring hot-swappable canisters of high-capacity NVMe flash storage for secure data offload and analysis in airborne environments.

OSS has historically received over $45 million in total contracted revenue for this mission-critical aircraft program. The company expects this new order to contribute to its revenue throughout 2025 and supports their confidence in achieving their 2025 annual guidance.

The P-8A Poseidon, a long-range maritime patrol aircraft used for anti-submarine warfare, surveillance, and reconnaissance operations, relies on OSS's storage solutions for secure, high-speed data capture and transfer for its advanced sensor suite.

Loading...
Loading translation...

Positive

  • New $5 million contract win from U.S. Navy
  • Historical success with over $45 million in total contracted revenue from P-8A program
  • Contract expected to contribute to 2025 revenue
  • Reinforces company's growth strategy in defense and commercial markets

Negative

  • None.

Insights

OSS secured a $5M Navy contract for P-8A data storage units, strengthening its defense revenue stream and platform position.

OSS has landed a $5 million contract from the U.S. Navy to deliver 61 specialized data storage units for the P-8A Poseidon reconnaissance aircraft. This represents a meaningful win for a company of OSS's size, contributing to their projected 2025 revenue targets. The contract builds on an established relationship, with OSS having secured over $45 million in total contracted revenue supporting this particular aircraft platform to date.

The technology being provided—military-spec storage units with hot-swappable NVMe flash storage canisters—addresses a critical need in defense reconnaissance operations. These systems enable rapid data offload in challenging airborne environments, a crucial capability for the P-8A's anti-submarine warfare and surveillance missions.

This contract reinforces OSS's strategy of securing multiyear platform opportunities in the defense sector. Platform-based contracts like this are particularly valuable as they often lead to recurring revenue through follow-on orders and support services. The company's ability to maintain its position on the P-8A program demonstrates both the technical quality of their offerings and their operational reliability as a defense contractor.

The timing of this announcement, coinciding with the company's confidence in meeting 2025 guidance, suggests this contract was an anticipated component of their financial planning. For investors following OSS, this confirmation of expected revenue provides concrete evidence supporting management's broader projections for the fiscal year.

OSS to Deliver 61 Rugged Data Storage Units for the P-8A Poseidon Reconnaissance Aircraft

ESCONDIDO, Calif., July 01, 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 a new $5 million contract from the U.S. Navy to support the P-8A Poseidon Reconnaissance Aircraft. OSS expects the order to contribute to its revenue throughout 2025.

Under the terms of the contract, OSS will deliver 61 military-spec data storage units to the U.S. Navy. These units are designed and manufactured by OSS and incorporate hot-swappable canisters of high-capacity NVMe flash storage. The design enables rapid removal and replacement for secure data offload and analysis in demanding airborne environments.

“We are excited to announce OSS’s latest award from the U.S. Navy to support the P-8A Poseidon platform,” stated OSS President and CEO, Mike Knowles. “Our success on the P-8A program reinforces the value of our growth strategy as we pursue additional multiyear platform opportunities across defense and commercial markets. To date, OSS has received over $45 million in total contracted revenue to support this mission-critical aircraft. This continued investment is a testament to our rugged, enterprise-class capabilities and the vital role OSS plays in enabling C5ISR operations on advanced airborne platforms. The $5 million contract also strengthens our confidence in our ability to achieve our 2025 annual guidance.”

The P-8A Poseidon is a long-range, multi-mission maritime patrol aircraft used for anti-submarine warfare, surveillance, and reconnaissance operations. OSS’s storage solutions play a key role in enabling secure, high-speed data capture and transfer necessary for the aircraft’s advanced sensor suite.

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. Words such as, but not limited to, "anticipate," "aim," "believe," "contemplate," "continue," "could," "design," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "seek," "should," "suggest," "strategy," "target," "will," "would," and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. 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. Factors that may contribute to our plans or expectations not being achieved include but are not limited to the potential and/or the results of program awards and renewals with the U.S. Department of Defense and defense contractors, any actual revenue derived from the U.S. Navy order, the future adoption of technologies or applications that may compete with One Stop Systems’, and the expansion of the Company's offerings and/or relationship with different branches of the U.S. Armed Forces and/or other geopolitical or economic instabilities. 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:
Andrew Berger
Managing Director
SM Berger & Company, Inc.
Tel (216) 464-6400
Email contact


FAQ

What is the value of OSS's new U.S. Navy contract for the P-8A Poseidon program?

OSS secured a $5 million contract to deliver 61 military-spec data storage units for the P-8A Poseidon Reconnaissance Aircraft.

How many data storage units will OSS deliver under the new Navy contract?

OSS will deliver 61 military-spec data storage units featuring hot-swappable canisters of high-capacity NVMe flash storage.

What is the total historical contract value OSS has received for the P-8A program?

OSS has received over $45 million in total contracted revenue to support the P-8A Poseidon aircraft program to date.

When will the new OSS Navy contract impact revenue?

The company expects the order to contribute to its revenue throughout 2025.

What is the purpose of OSS's storage solutions for the P-8A Poseidon?

OSS's storage solutions enable secure, high-speed data capture and transfer necessary for the aircraft's advanced sensor suite used in anti-submarine warfare, surveillance, and reconnaissance operations.
One Stop Sys Inc

NASDAQ:OSS

OSS Rankings

OSS Latest News

OSS Latest SEC Filings

OSS Stock Data

113.02M
20.86M
16.68%
35.09%
0.45%
Computer Hardware
Electronic Computers
Link
United States
ESCONDIDO