One Stop Systems, Inc. reports developments tied to rugged Enterprise Class compute and storage products for artificial intelligence, machine learning, sensor processing, sensor fusion and autonomy at the edge. The company designs hardware and software platforms intended for harsh operating environments across land, sea and air applications.
Recurring news for OSS includes operating and financial results, shareholder communications, customer awards, purchase orders and product showcases for defense and commercial markets. Company updates frequently reference rugged AI compute payloads, high-speed data acquisition, training and inference workflows, defense platforms such as the U.S. Navy P-8A Poseidon, autonomous systems and relationships with industrial OEM, government and defense-prime customers.
One Stop Systems, Inc. (OSS) will present at the 34th Annual ROTH Conference from March 13-15, 2022, in Dana Point, California. The event will feature one-on-one meetings and thematic panels. OSS, a leader in AI Transportable solutions, anticipates Q4 2021 revenue of approximately $17.1 million, reflecting a 23% year-over-year increase. This is part of an expected annual revenue of $61.3 million, up 18% from the previous year. OSS aims to discuss its market leadership in edge computing solutions at the event.
Wrap Technologies, Inc. (NASDAQ: WRAP) announced a major leadership transition to support its growth strategy. CEO Tom Smith and CFO Jim Barnes will step down, with Barnes retiring by year-end. The interim management will be led by L. W. Varner, Jr. as Principal Executive Officer, alongside Glenn Hickman as COO, and Lawrence Hirsh as Senior Advisor. A Special Transition Committee will oversee the leadership search. Wayne Walker has been appointed as the new Chairman of the Board, succeeding Patrick Kinsella. The Board aims to diversify the company's offerings and capitalize on growth opportunities in public safety technologies.
One Stop Systems, Inc. (Nasdaq: OSS) has confirmed its participation in the A.G.P. Emerging Growth Technology Conference on February 2, 2022. CEO David Raun and CFO John Morrison will engage in one-on-one meetings with investors and analysts, focusing on the company's advancements in AI Transportables. OSS reported a 23% revenue increase to $16 million in Q3 2021, with expectations of reaching record annual revenue of approximately $61.3 million, up 18% year-over-year. The firm highlights its commitment to high-performance edge computing solutions.
One Stop Systems (OSS), a leader in AI Transportable solutions, is set to participate in the Benchmark Discovery 1x1 Investor Conference on December 2, 2021. OS's president, David Raun, along with CFO John Morrison, will engage in one-on-one meetings with institutional analysts and investors. The company has recently reported record Q3 2021 results, with a 23% revenue increase to $16.0 million and a projected Q4 revenue of $17.1 million, resulting in an annual revenue of approximately $61.3 million, up 18%.
One Stop Systems (Nasdaq: OSS) has launched its new flagship AI Transportable compute server, Rigel Edge Supercomputer, at the SC21 conference. This groundbreaking product features the NVIDIA HGX™ A100 4-GPU platform, offering advanced compact edge computing capabilities. Rigel is designed for rugged environments, optimizing datacenter-class computing for demanding applications in vehicles, maritime, and aerospace sectors. The AI Transportables market is projected to grow significantly, reaching $15.7 billion by 2025, reflecting a strong demand for innovative edge solutions.
One Stop Systems (Nasdaq: OSS) reported strong Q3 2021 results, with revenue of $16.0 million, a 23% increase year-over-year and a 7% sequential growth. GAAP net income was $981,000 ($0.05/share), up from $858,000 last year. Non-GAAP net income improved to $1.5 million ($0.08/share). Total revenue for the first nine months reached $44.2 million, up 16%. The outlook for Q4 anticipates revenue of $17.1 million, marking a 23% year-over-year increase. OSS has gained major contracts, notably in military AI applications, bolstering its growth trajectory.
One Stop Systems (Nasdaq: OSS) will present at the ROTH 10th Annual Technology Event on November 17-18, 2021. The event will feature over 100 technology companies engaging in one-on-one meetings, panel discussions, and chats. OSS President and CEO, David Raun, will showcase the company's transition into a leader in AI Transportables within the edge computing sector. Additionally, OSS will discuss its Q3 2021 results during their earnings call on November 11, 2021.
One Stop Systems, Inc. (Nasdaq: OSS) will hold a conference call on November 11, 2021, at 5:00 p.m. Eastern time to discuss its third-quarter results for the period ending September 30, 2021. A press release with the financial results will be issued prior to the call. Interested participants can join via toll-free number 1-866-248-8441 or international number 1-786-204-3966, using Conference ID 1378308. The call will also be available for replay until November 25, 2021.
One Stop Systems, Inc. (OSS) has been invited to present at the 14th Annual LD Micro Main Event on October 12 at the Luxe Sunset Bel-Air Hotel in Los Angeles. President and CEO David Raun, along with CFO John Morrison, will provide insights on OSS's recent quarterly results, highlighting a 28% revenue increase to $14.9 million and improved adjusted EBITDA of $1.3 million. The presentation is scheduled for 11:00 a.m. PT and will be available for virtual viewing. Participants can schedule one-on-one meetings with OSS representatives during the event.
One Stop Systems, Inc. (OSS) has secured a new program for a mobile intelligence command center, leveraging its advanced AI on the FLY® technology and the SDS-3U GPU-accelerated servers. Powered by AMD EPYC™ 7003 Processors, these systems will facilitate real-time data acquisition and analysis in rugged environments. The deployment includes robust security features and is designed for quick setup in field operations. OSS anticipates initial system deliveries in Q4 2021 with ongoing deployments expected through 2022, tapping into the fast-growing AI Transportables sector within the edge computing market.