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 (Nasdaq: OSS) has been invited to present at two investor conferences this November. The first event, the ROTH Technology Virtual Conference, is scheduled for November 11-12, 2020, featuring 1x1 and small group meetings. Interested parties can register via email. The second event is organized by Benchmark and will take place on November 18, 2020, also focusing on one-on-one meetings. OSS management aims to connect with institutional investors and analysts at both events.
One Stop Systems (Nasdaq: OSS) is set to host a webinar on November 5, 2020, focusing on bringing supercomputing performance to edge AI applications. This event will feature speakers from OSS and NVIDIA, discussing the benefits of positioning high-performance AI infrastructure directly in the field. Key topics include eliminating slow network response times and deploying solutions in rugged environments for industries like defense and autonomous vehicles. Registration for this informative session is available for free online.
One Stop Systems, a leader in high-performance edge computing, will hold a conference call on November 12, 2020, at 5:00 p.m. Eastern to discuss its third quarter results for the period ending September 30, 2020. The financial results will be released prior to the call. Interested participants can join via toll-free and international dial-in numbers, with a live webcast available on the company’s website. A replay of the call will be accessible after 8:00 p.m. Eastern on the same day through November 26, 2020.
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.