3U

EQS-News: 3U paves the way for anticipated growth spurt

Retrieved on: 
Wednesday, April 10, 2024

Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at EUR 5.2 million in the period under review (previous year: EUR 8.5 million).

Key Points: 
  • Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at EUR 5.2 million in the period under review (previous year: EUR 8.5 million).
  • We will also continue to focus on the topic of external growth.
  • The ITC segment raised revenue by 26.3 % overall to EUR 15.3 million in 2023 (previous year EUR 12.1 million).
  • Organic growth stood at 10.3% and is principally attributable to success in winning new customer business.

EQS-News: 3U HOLDING AG brings the financial year 2023 to a successful close

Retrieved on: 
Wednesday, March 13, 2024

On a provisional basis, 3U HOLDING AG raised revenue by 4.0% to EUR 52.4 million in the financial year 2023 (previous year: EUR 50.3 million).

Key Points: 
  • On a provisional basis, 3U HOLDING AG raised revenue by 4.0% to EUR 52.4 million in the financial year 2023 (previous year: EUR 50.3 million).
  • The ITC segment lifted its revenue by more than 26% to EUR 15.3 million in 2023 (previous year: EUR 12.1 million).
  • In addition, 3U will be promoting inorganic growth through successful company acquisitions to secure its plans to boost earnings in the coming years.
  • A webcast on 3U HOLDING AG’s 2023 annual financial statements together with CFO Christoph Hellrung and Uwe Knoke, Board member responsible for Strategy and Business Development, will be held on 28 March 2024 at 10:00 CET.

OSS to Showcase Specialized High-Performance AI Computing Solutions at WEST 2024 on February 13-15

Retrieved on: 
Tuesday, February 13, 2024

ESCONDIDO, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in rugged high performance compute (HPC) for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, will showcase its specialized high-performance AI computing solutions at WEST 2024 , the premier naval conference and exposition on the West Coast.

Key Points: 
  • ESCONDIDO, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in rugged high performance compute (HPC) for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, will showcase its specialized high-performance AI computing solutions at WEST 2024 , the premier naval conference and exposition on the West Coast.
  • OSS sales representatives will demonstrate the company’s specialized solutions, including customized edge servers, compute accelerators, flash storage arrays and expansion systems.
  • Visitors to WEST 2024 can see OSS line of rugged server-class compute and storage products for edge AI applications at booth 2802.
  • OSS products can be ordered directly from OSS sales engineers at [email protected] or +1 (877) 438-2724.

OSS Brings AI Edge Compute Solutions to $5 Billion Motorsport Industry with Andretti Global

Retrieved on: 
Tuesday, January 30, 2024

ESCONDIDO, Calif., and INDIANAPOLIS, Jan. 30, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS) has shipped to legendary motorsport champion, Andretti Global , its first AI Transportable compute system for the motorsport industry.

Key Points: 
  • ESCONDIDO, Calif., and INDIANAPOLIS, Jan. 30, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS) has shipped to legendary motorsport champion, Andretti Global , its first AI Transportable compute system for the motorsport industry.
  • An OSS SDS-3U GPU-accelerated server will power advanced AI race analytics for Andretti using Zapata AI’s Industrial Generative AI platform for the cloud and edge, Orquestra.
  • The solution represents a new application of OSS technology and the company’s first foray into the $5.1 billion motorsport industry .
  • “This milestone win demonstrates our unique capabilities for powering generative AI technology at the edge,” noted OSS CEO, Mike Knowles.

OSS to Showcase Specialized High-Performance AI Computing Solutions at AUSA 2023 on October 9-11

Retrieved on: 
Thursday, October 5, 2023

ESCONDIDO, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, will showcase its specialized high-performance AI computing solutions at the Association of the United States Army (AUSA) Annual Meeting , the largest land power exposition and professional development forum in North America.

Key Points: 
  • ESCONDIDO, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, will showcase its specialized high-performance AI computing solutions at the Association of the United States Army (AUSA) Annual Meeting , the largest land power exposition and professional development forum in North America.
  • The event is being held at the Walter E. Washington Convention Center in Arlington, Virgina on October 9-11, 2023.
  • OSS sales representatives will demonstrate the company’s specialized solutions, including customized edge servers, compute accelerators, flash storage arrays and expansion systems.
  • Visitors to AUSA 2023 can see OSS AI Transportable systems at booth 7507.

Winners of NGA MagQuest Phase 4a Announced

Retrieved on: 
Wednesday, September 27, 2023

SPRINGFIELD, Va., Sept. 27, 2023 /PRNewswire/ -- The National Geospatial-Intelligence Agency announced the results of the Demonstration Phase (Phase 4a) of MagQuest to develop novel data collection approaches for the World Magnetic Model. The challenge was conducted on NASA's HeroX platform, and all three teams who participated in Phase 4a have successfully constructed magnetometers and tested them at NASA's renowned Goddard Space Flight Center. These teams, who have been awarded millions in funding, will now advance to design, build and launch a satellite to take their magnetometers into orbit and collect data on the earth's magnetic field. The ultimate goal is for the government to buy magnetic field data from one or more of the participating teams.

Key Points: 
  • SPRINGFIELD, Va., Sept. 27, 2023 /PRNewswire/ -- The National Geospatial-Intelligence Agency announced the results of the Demonstration Phase (Phase 4a) of MagQuest to develop novel data collection approaches for the World Magnetic Model.
  • The challenge was conducted on NASA's HeroX platform, and all three teams who participated in Phase 4a have successfully constructed magnetometers and tested them at NASA's renowned Goddard Space Flight Center.
  • The ultimate goal is for the government to buy magnetic field data from one or more of the participating teams.
  • "MagQuest has been a journey of innovation, collaboration, and boundary-pushing, and we are excited to see how these solutions shape the future of geomagnetic data collection."

OSS to Showcase Specialized High-Performance AI Computing Solutions at DSEI on September 12-15, 2023

Retrieved on: 
Monday, September 11, 2023

ESCONDIDO, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, will showcase its specialized high-performance AI computing solutions at Defense and Security Equipment International ( DSEI ), the world's largest land, sea and air biennial defense and security exhibition being held at the ExCel London exhibition center on September 12-15, 2023.

Key Points: 
  • ESCONDIDO, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, will showcase its specialized high-performance AI computing solutions at Defense and Security Equipment International ( DSEI ), the world's largest land, sea and air biennial defense and security exhibition being held at the ExCel London exhibition center on September 12-15, 2023.
  • OSS sales representatives will demonstrate the company’s specialized solutions, including customized edge servers, compute accelerators, flash storage arrays and expansion systems.
  • These solutions are deployed today in critical transportable defense systems on land, air, and sea.
  • OSS will also discuss the company’s market leadership in high speed PCIe interconnect and scalable AI GPU compute systems.

Lenovo and VMware Expand Partnership to Bring New NVIDIA-Powered Turnkey Generative AI and Multi-Cloud Solutions to Every Business

Retrieved on: 
Tuesday, August 22, 2023

Lenovo is also working with VMware and NVIDIA in support of the new VMware Private AI Foundation with NVIDIA generative AI solution announced today at VMware Explore.

Key Points: 
  • Lenovo is also working with VMware and NVIDIA in support of the new VMware Private AI Foundation with NVIDIA generative AI solution announced today at VMware Explore.
  • “Lenovo is committed to being the most trusted partner and empowering our customers’ intelligent transformation by enabling IT modernization,” said Kirk Skaugen, President of Lenovo Infrastructure Solutions Group.
  • Lenovo is extending its partnership with VMware to help customers harness the value of their data, deploying purpose-built NVIDIA AI solutions to transform their business with more predictable outcomes by leveraging NVIDIA AI Enterprise , the enterprise-grade software that powers the NVIDIA AI platform.
  • Combining the power of Lenovo and NVIDIA technologies with VMware, these servers will help professionals worldwide advance AI and bring generative AI applications like intelligent chatbots, search, and summarization tools to users across industries.

One Stop Systems Reports Q2 2023 Results

Retrieved on: 
Thursday, August 10, 2023

ESCONDIDO, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, reported results for the second quarter ended June 30, 2023.

Key Points: 
  • ESCONDIDO, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable solutions on the edge, reported results for the second quarter ended June 30, 2023.
  • Cash, cash equivalents and short-term investments totaled $15.4 million on June 30, 2023, as compared to $12.7 million on March 31, 2023.
  • The decrease in revenue in the first half of 2023 is due to the reasons discussed in reference to Q2.
  • OSS management will hold a conference call later today to discuss its results for the second quarter ended June 30, 2023, followed by a question-and-answer period.

Rocket Lab Prepares Mix of NASA and Commercial Satellites, and Takes Next Step in Rocket Reusability Program

Retrieved on: 
Sunday, July 16, 2023

NASA: NASA’s Starling mission is a four CubeSat mission designed to advance technologies for cooperative groups of spacecraft – also known as swarms.

Key Points: 
  • NASA: NASA’s Starling mission is a four CubeSat mission designed to advance technologies for cooperative groups of spacecraft – also known as swarms.
  • Starling’s spacecraft will also demonstrate creating and maintaining an inter-spacecraft communications network that automatically adjusts to changing conditions..
  • Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success.
  • There can be no assurance that the future developments affecting Rocket Lab will be those that we have anticipated.