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OSS announces $5.5M flash array order

Aug. 20, 2019 9:51 AM ETOne Stop Systems, Inc. (OSS) StockOSSBy: Akanksha Bakshi, SA News Editor
  • One Stop Systems (OSS +6.8%) has received purchase orders totaling $5.5M related to the previously announced $36M, five-year sole source supplier agreement with Raytheon, a major U.S. defense contractor.
  • The agreement calls for OSS to supply flash storage systems with removable canisters that allow high-volumes of data to be easily transported from surveillance aircraft to ground stations.
  • The orders to be shipped in the third and fourth quarters of 2019.

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