One Stop Sys Inc Stock Price, News & Analysis

One Stop Systems (Nasdaq: OSS) has launched the 4U Pro, an advanced PCI Express Gen 4 expansion platform, enhancing its product line. This new offering boasts 1 terabit per second of low-latency interconnect, supporting extensive AI functionalities for edge computing. The 4U Pro is designed for versatility, accommodating various configurations including support for up to 64 GPUs. Initial demand comes from sectors such as automotive and military. The platform is already available for order, showcasing OSS's commitment to high-performance computing solutions.

One Stop Systems, Inc. (OSS) showcased its innovative products, AI on the Fly® and Data Center in the Sky™, at the GPU Technology Conference hosted by NVIDIA. Jim Ison, OSS's chief sales officer, highlighted the benefits of rugged, transportable GPU-accelerated servers utilizing HGX-A100 technology. These systems cater to sectors like aerospace and defense, addressing the challenges of delivering high-performance computing in the field. Additionally, OSS introduced a PCIe Gen 4 expansion system capable of enhancing computing performance by up to 20X. Customers can order these products directly from OSS.

One Stop Systems, Inc. (OSS), a leader in specialized edge computing, will present at The LD 500 virtual investor conference from September 1-4, 2020. CEO David Raun and CFO John Morrison will present on September 1 at 12:40 p.m. Eastern, discussing OSS's AI on the Fly technology and its role in next-gen autonomous vehicles. The conference is significant for micro-cap companies, featuring over 300 presenters. Investors can access the live webcast and schedule one-on-one meetings with OSS via the conference's website.

One Stop Systems (Nasdaq: OSS) announced two purchase orders totaling $4.3 million for military-grade data storage units (DSUs), set to be delivered in the latter half of 2020. This follows a prior $36 million agreement to supply flash storage arrays for military radar applications. The DSUs utilize removable canisters, enabling secure transport of high-volume, encrypted data. OSS's technology is becoming a standard for the U.S. military, showcasing their capabilities in high-performance edge computing.

One Stop Systems (OSS) reported Q2 2020 revenue of $11.6 million, a 22% decline from last year, while first half revenue remained flat at $25 million. Operating expenses reduced by 42% to $3.7 million in Q2. The net loss for Q2 was $12,000, an improvement from a $1.6 million loss a year ago. OSS raised $2.4 million in convertible debt and received a $1.5 million Paycheck Protection Plan loan. The company introduced a new PCIe Gen 4 expansion system and secured $3.5 million in orders. Looking ahead, OSS estimates a minimum revenue of $11.8 million for Q3.

One Stop Systems, Inc. (Nasdaq: OSS) was featured in Noble Capital Markets’ C-Suite Interview Series with CEO David Raun discussing key topics such as the company's unique product portfolio, market growth, and recent transformational changes. The interview also addressed the COVID-19 impact on operations and highlighted plans to enhance the company’s value proposition and near-term growth opportunities. The full interview and a research report on OSS can be found on Channelchek.

One Stop Systems (Nasdaq: OSS) will hold a conference call on August 6, 2020, at 5:00 p.m. Eastern time, to discuss its second-quarter financial results for the period ending June 30, 2020. Prior to the call, a press release will be issued detailing these results. The call will include a question-and-answer session following the management presentation. Participants can join via toll-free and international dial-in numbers. A replay will be available after 8:00 p.m. Eastern time on the same day through August 20, 2020.

On June 25, 2020, One Stop Systems (Nasdaq: OSS) appointed David Raun as president and CEO, transitioning from his role as interim CEO since February 2020. With over 24 years in senior management, Raun has a proven track record of driving revenue and operational improvements at technology companies, including ASSIA and PLX Technology. Under his leadership, OSS aims to enhance market position and profitability through strategic reorganization and new product launches, leveraging recent project wins and expanded working capital.

One Stop Systems, Inc. (Nasdaq: OSS) launched the world's first PCIe Gen 4 expansion system, enabling support for NVIDIA A100 Tensor Core GPUs, with up to 20X performance increase compared to previous generations. The OSS 4UV system allows developers to connect up to eight A100 GPUs, enhancing performance for AI training and other compute-intensive applications, achieving peak computing of 19.9 PetaOPS. The system includes two PCIe x16 Gen 4 slots for advanced NICs and is available for order directly from OSS sales.