OSS Secures Award for Submarine Sonar Data Processing System
September 26 2023 - 08:31AM
One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable
solutions on the edge, has received an order to design and develop
prototypes for a sonar data processing system to be used in a
foreign navy submarine application.
Procured through a new global defense prime contractor, the win
represents the first AI transportable program win for a foreign
navy as well as for a subsurface application.
“We are pleased to be recognized in this award for our unmatched
ability to deliver a ruggedized edge processing solution with
datacenter class processing within strict SWAP, thermal and noise
requirements,” stated OSS CEO Mike Knowles. “The win also reflects
our progress in leveraging OSS Europe to expand our global reach
and customer base.”
OSS will design and build a liquid-cooled high-performance
compute solution that will be deployed on submarines. The
enterprise-class rugged system will be powered by two Gen 4 AMD
EPYC™ CPUs and four of the latest PCI Express 4.0 GPUs. The system
will be liquid cooled to reduce its noise signature and improve
cooling efficiency in a marine environment. The prime contractor
partner will provide an AI-powered sonar processing application to
run on the system.
OSS expects to deliver the first prototypes by the end of the
year, followed by potential production orders in 2024.
Knowles added: “We look forward to delivering on these prototype
systems and moving to production while meeting the needs of our new
foreign navy customer, and growing our relationship with them and
our new prime contractor partner.”
OSS products can be ordered directly from OSS sales engineers at
sales@onestopsystems.com.
About One Stop SystemsOne Stop Systems, Inc.
(Nasdaq: OSS) is a leader in AI Transportable solutions for the
demanding ‘edge.’ OSS designs and manufactures the highest
performance 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 Transportables 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 StatementsOne Stop Systems
cautions you that statements in this press release that are not a
description of historical facts are forward-looking statements.
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,
including but not limited to, our management’s expectations for
delivery timing of prototypes and production orders, whether or not
production orders are received, as well as the fitness of the SDS
for a submarine application, the noise level of the liquid cooled
SDS system, revenue growth generated by new and existing products,
future changes to our business objectives, and other future
financial projections. 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: Katie RiveraOne Stop Systems,
Inc. Tel (760) 745-9883Email contact
Tim RandallCMA Media RelationsTel (949) 432-7572Email
Contact
Investor Relations:Ronald Both or Grant
StudeCMA Investor RelationsTel (949) 432-7557 Email contact
One Stop Systems (NASDAQ:OSS)
Historical Stock Chart
From Nov 2023 to Dec 2023
One Stop Systems (NASDAQ:OSS)
Historical Stock Chart
From Dec 2022 to Dec 2023