OSI Systems

Maritime Surveillance and Intervention Industry Research Report 2023: Global Market is Expected to Reach $52.41 Billion by 2032 - Supportive Regulatory Compliances Fueling Growth

Retrieved on: 
Monday, June 26, 2023
Westminster Group, Communication, Elbit Systems, UUV, United States Navy, War, Bharat Electronics, Service, Fishery, AUV, ISR, Intelligence, Electronics, REMUS, ICEX: US Navy Mission in Arctic, OSI Systems, Dassault Aviation, Smiths Group, Saab, Application, Engineering, HII, Thales Group, Growth, DECK, AEL Sistemas, Integrated Coastal Surveillance System, Shipbuilding, Arms industry

Growing acceptance of robotic technology has accelerated the production of advanced autonomous underwater vehicles (AUV) and underwater interventionist vehicles.

Key Points: 
  • Growing acceptance of robotic technology has accelerated the production of advanced autonomous underwater vehicles (AUV) and underwater interventionist vehicles.
  • For instance, in November 2022, HII's Mission Technologies business unveiled the REMUS 620, a visual technology unmanned underwater vehicle (UUV).
  • It has a battery life of up to 110 hours and a range of 275 miles off the coast.
  • Additionally, supportive regulatory compliances are driving the growth of the maritime security & safety industry.

OSI Systems to Present at the 2023 Jefferies Healthcare Conference

Retrieved on: 
Tuesday, June 6, 2023
Government Technology, Security, Defense, Technology, Software, OSI Systems, Conference, Online shopping, Mail order

OSI Systems, Inc .

Key Points: 
  • OSI Systems, Inc .
  • (NASDAQ: OSIS), today announced that it will be presenting at the 2023 Jefferies Healthcare Conference on Friday, June 9, 2023, at 8:30 AM ET.
  • To listen to the live web cast of the presentation, please visit the investor relations section of the OSI Systems website and follow the link from the front page.

Threat Detection Systems Market size to grow by USD 94.14 billion from 2022 to 2027; Adoption of Emerging Technologies to Develop Efficient Threat Detection Systems to be a Major market trend - Technavio

Retrieved on: 
Friday, June 9, 2023
Stellar, Learning, Amazon (company), Honeywell, OSI Systems, JUNO, Bomb, Axis Communications, Gun, Airport, ML, Statistics, Data mining, USD, Amazon, EDR, Risk, Thales Group, Growth, AI, Artificial intelligence, PGR, Geography, Teledyne Technologies, AWS, Safety, Software, Online shopping, Risk management, COVID-19

NEW YORK, June 9, 2023 /PRNewswire/ -- The global threat detection systems market size is estimated to increase by USD 94.14 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, June 9, 2023 /PRNewswire/ -- The global threat detection systems market size is estimated to increase by USD 94.14 billion from 2022 to 2027.
  • By geography, the global threat detection systems market is segmented into North America, Europe, APAC, Middle East and Africa, and South America.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global threat detection systems market.
  • Major challenges - The high cost of threat detection systems is the major challenge impeding market growth.

Holter ECG Markets by Product (Wired Holter ECG, Wireless Holter ECG, Software), Lead Type (Patch Type 1-Lead, 3-Lead, 6-Lead, 12-Lead) - Global Forecast to 2027

Retrieved on: 
Wednesday, May 24, 2023
GE HealthCare, Holter, OSI Systems, Prevalence, Cardiovascular disease, Ageing, GE, CVD, USD, Growth, Diagnosis, Cardiology, Software, Medical device

The global Holter ECG market is projected to reach USD 558 million by 2027 from USD 416 million in 2022, at a CAGR of 6.1% during the forecast period.

Key Points: 
  • The global Holter ECG market is projected to reach USD 558 million by 2027 from USD 416 million in 2022, at a CAGR of 6.1% during the forecast period.
  • Based on product, the Holter ECG market is segmented into wired Holter ECG monitors, wireless Holter ECG monitors, and software.
  • The wired Holter ECG monitors segment is expected to witness a high market share during the forecast period.
  • Based on lead type, the Holter ECG market is segmented into patch type 1-lead, 3-lead, 6-lead, 12-lead, and other lead types (such as 4-, 5-, and 7-lead Holter ECG monitors, among others).

OSI Systems Receives $10 Million Order for Mobile Cargo and Vehicle Inspection Systems

Retrieved on: 
Monday, May 22, 2023
Technology, Contracts, Engineering, Security, Automotive Manufacturing, Manufacturing, Software, Hardware, Defense, Maintenance, OSI Systems, OSI, M60, Rail transport, Cryptocurrency, Inspection

OSI Systems, Inc .

Key Points: 
  • OSI Systems, Inc .
  • (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded an order valued at approximately $10 million to provide multiple units of the Eagle® M60 mobile high-energy cargo and vehicle inspection system and the Z Backscatter® Van (ZBV®) cargo and vehicle inspection system, including follow on maintenance, training and support.
  • These inspection systems are expected to be deployed for international security requirements.
  • OSI Systems’ Chairman and CEO, Deepak Chopra, stated, “We are pleased to receive this award and look forward to supporting our valued customer’s efforts to further enhance border and infrastructure security.”

OSI Systems to Present at Oppenheimer 18th Annual Industrial Growth Conference

Retrieved on: 
Monday, May 8, 2023
Health, Engineering, Health Technology, Technology, Apps, Applications, Aerospace, Manufacturing, Security, OSI Systems, Conference, Cryptocurrency, Online shopping

OSI Systems, Inc .

Key Points: 
  • OSI Systems, Inc .
  • (NASDAQ: OSIS), today announced that it will be presenting at the Oppenheimer 18th Annual Industrial Growth Conference on Monday, May 8, 2023 at 1:30 PM ET.
  • To listen to the live web cast of the presentation, please visit the investor relations section of the OSI Systems website.

OSI Systems Receives $9 Million Order for Airport Security Screening Solutions

Retrieved on: 
Monday, May 8, 2023
Software, Transportation, Hardware, Travel, Technology, Air, Transport, Security, OSI Systems, OSI, Maintenance (technical), Cryptocurrency, Inspection

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $9 million from an international aviation customer to supply a range of inspection equipment platforms.

Key Points: 
  • OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $9 million from an international aviation customer to supply a range of inspection equipment platforms.
  • These include the RTT® 110 (Real Time Tomography) explosive detection system for checked luggage, the Orion® 920CT checkpoint baggage inspection system, and the Orion® 920DX dual view X-ray checkpoint inspection system, among others.
  • In addition to providing the equipment, the Company is also expected to provide multi-year maintenance services and support as part of this contract.
  • OSI Systems’ Chairman and CEO, Deepak Chopra, commented, "We are excited to support this customer and deploy our advanced inspection systems from our comprehensive portfolio and further strengthen our presence at international airports."

OSI Systems Receives $12 Million Order for Patient Monitoring Systems

Retrieved on: 
Tuesday, May 2, 2023
Health, Security, Technology, Hospitals, Health Technology, Software, Networks, Health care, OSI Systems, OSI, Nursing, Medical device, Hospital

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare®, received an order valued at approximately $12 million to provide patient monitoring solutions to a U.S. based hospital, highlighting Spacelabs’ ability to provide advanced network security and industry-leading clinical workflow solutions.

Key Points: 
  • OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare®, received an order valued at approximately $12 million to provide patient monitoring solutions to a U.S. based hospital, highlighting Spacelabs’ ability to provide advanced network security and industry-leading clinical workflow solutions.
  • “We are pleased with this significant strategic win with a new customer and look forward to supplying this major healthcare facility with our comprehensive range of patient monitoring solutions, innovative clinical workflow solutions, and connectivity solutions,” commented Deepak Chopra, OSI Systems’ Chairman and CEO.

OSI Systems Reports Fiscal 2023 Third Quarter Financial Results

Retrieved on: 
Thursday, April 27, 2023
Engineering, Defense, Technology, Aerospace, Manufacturing, Government Technology, Hardware, Capital expenditure, Table, VAT, OSI, GAAP, Sale, Forecasting, Security, OSI Systems, Acquisition, Webcast, Growth, EPS, Cryptocurrency, Bank

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced its financial results for the three and nine months ended March 31, 2023.

Key Points: 
  • OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced its financial results for the three and nine months ended March 31, 2023.
  • Non-GAAP net income for the third quarter of fiscal 2023 was $25.6 million, or $1.49 per diluted share, compared to non-GAAP net income for the third quarter of fiscal 2022 of $25.5 million, or $1.43 per diluted share.
  • While our third quarter fiscal 2023 performance was softer than we had expected, we are anticipating strong sequential improvement for the fourth quarter.
  • The financial results calculated in accordance with GAAP and reconciliations from those financial results should be carefully evaluated.

OSI Systems Announces Third Quarter Conference Call

Retrieved on: 
Monday, April 17, 2023
Technology, Medical Devices, Other Defense, Engineering, Security, Aerospace, Manufacturing, Health, Defense, OSI Systems, Cryptocurrency, Phonograph record, Video game

OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, April 27, 2023 at 9:00am PT to discuss its results for the quarter ended March 31, 2023.

Key Points: 
  • OSI Systems, Inc. (Nasdaq: OSIS) today announced that it will hold its quarterly conference call on Thursday, April 27, 2023 at 9:00am PT to discuss its results for the quarter ended March 31, 2023.
  • A replay of the conference call will be available from 12:00pm PT on April 27, 2023 until May 11, 2023.
  • The replay may be accessed by visiting the investor relations section at www.osi-systems.com .