Hawthorne, California

OSI Systems Receives $16 Million Contract for Security Inspection Systems

Tuesday, April 13, 2021 - 1:30pm

The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets.

Key Points: 
  • The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets.
  • For more information on OSI Systems or its subsidiary companies, visit www.osi-systems.com .
  • Forward-looking statements relate to OSI Systems\xe2\x80\x99 current expectations, beliefs, and projections concerning matters that are not historical facts.
  • Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made.

OSI Systems Receives $6 Million Contract for Operation and Maintenance of Security Inspection Systems

Thursday, April 8, 2021 - 1:30pm

OSI Systems, Inc. (the Company or OSI Systems) (NASDAQ: OSIS) announced today that its Security division received a contract valued at approximately $6 million for operation and maintenance services of critical infrastructure facilities.

Key Points: 
  • OSI Systems, Inc. (the Company or OSI Systems) (NASDAQ: OSIS) announced today that its Security division received a contract valued at approximately $6 million for operation and maintenance services of critical infrastructure facilities.
  • We are pleased to receive this award and very proud of our commitment to support this longstanding customer and its security missions, said OSI Systems Chairman and CEO, Deepak Chopra.
  • OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries.
  • Forward-looking statements relate to OSI Systems current expectations, beliefs, and projections concerning matters that are not historical facts.

OSI Systems Receives $5 Million Order for Maintenance of Security Inspection Systems

Wednesday, March 31, 2021 - 1:30pm

(the Company or OSI Systems) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $5 million to service its baggage and parcel inspection (BPI) systems and cargo screening systems with a U.S. based customer.

Key Points: 
  • (the Company or OSI Systems) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $5 million to service its baggage and parcel inspection (BPI) systems and cargo screening systems with a U.S. based customer.
  • OSI Systems Chairman and Chief Executive Officer, Deepak Chopra, stated, "We are pleased to continue our service and support for this customers installed base of cargo screening and BPI equipment.
  • OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries.
  • Forward-looking statements relate to OSI Systems current expectations, beliefs, and projections concerning matters that are not historical facts.

OSI Systems Receives $16 Million Order for Maintenance of Airport Checkpoint Inspection Systems

Tuesday, March 30, 2021 - 1:30pm

(the Company or OSI Systems) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $16 million to provide maintenance and support for U.S. aviation checkpoint inspection systems.

Key Points: 
  • (the Company or OSI Systems) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $16 million to provide maintenance and support for U.S. aviation checkpoint inspection systems.
  • OSI Systems Chairman and Chief Executive Officer, Deepak Chopra, stated, "We are pleased to receive this order and look forward to continuing support of our installed base of checkpoint inspection systems.
  • OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries.
  • Forward-looking statements relate to OSI Systems current expectations, beliefs, and projections concerning matters that are not historical facts.

OSI Systems Receives $8 Million Order for Electronic Sub-Assemblies

Tuesday, March 23, 2021 - 12:30pm

OSI Systems, Inc. (the Company or OSI Systems) (NASDAQ: OSIS) today announced that its Optoelectronics and Manufacturing division has received an order for approximately $8 million to manufacture electronic sub-assemblies for a leading provider of GPS tracking solutions to the automotive industry.

Key Points: 
  • OSI Systems, Inc. (the Company or OSI Systems) (NASDAQ: OSIS) today announced that its Optoelectronics and Manufacturing division has received an order for approximately $8 million to manufacture electronic sub-assemblies for a leading provider of GPS tracking solutions to the automotive industry.
  • OSI Systems Chairman and Chief Executive Officer, Deepak Chopra, stated, "We are excited to receive this order and look forward to continuing to serve this customers needs as they strive to meet automotive industry demand.
  • OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries.
  • Forward-looking statements relate to OSI Systems current expectations, beliefs, and projections concerning matters that are not historical facts.

OSI Systems Receives $6 Million Order to Provide Baggage and Parcel Inspection Systems

Friday, March 19, 2021 - 12:30pm

(the Company or OSI Systems) (NASDAQ: OSIS) today announced that its Security division was awarded an order valued at approximately $6 million from an international customer to provide Rapiscan 600 series baggage and parcel inspection (BPI) systems, related accessories, ongoing maintenance and support.

Key Points: 
  • (the Company or OSI Systems) (NASDAQ: OSIS) today announced that its Security division was awarded an order valued at approximately $6 million from an international customer to provide Rapiscan 600 series baggage and parcel inspection (BPI) systems, related accessories, ongoing maintenance and support.
  • We are excited to receive this award and look forward to supporting this customers customs operational efforts for efficient baggage and parcel screening, said Deepak Chopra, OSI Systems Chairman and CEO.
  • OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries.
  • Forward-looking statements relate to OSI Systems current expectations, beliefs, and projections concerning matters that are not historical facts.

OSI Systems Receives $15 Million for Airport Security Inspection Systems

Thursday, March 4, 2021 - 1:30pm

(the "Company" or "OSI Systems") (NASDAQ: OSIS) today announced that its Security division received an order for approximately $15 million for upgrading a key international airport.

Key Points: 
  • (the "Company" or "OSI Systems") (NASDAQ: OSIS) today announced that its Security division received an order for approximately $15 million for upgrading a key international airport.
  • OSI Systems Chairman and CEO, Deepak Chopra, commented, "We are honored to support this critical project and its deployment to enhance airport security.
  • OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries.
  • Forward-looking statements relate to OSI Systems current expectations, beliefs, and projections concerning matters that are not historical facts.

Hawthorne Global Aviation Appoints Board Chairman and New Members

Tuesday, March 2, 2021 - 4:10pm

CHARLESTON,S.C., March 2, 2021 /PRNewswire/ -- Hawthorne Global Aviation Services, LLC ("Hawthorne") is pleased to announce the appointment of Cameron Burr as Executive Chairman of the Board of Directors.

Key Points: 
  • CHARLESTON,S.C., March 2, 2021 /PRNewswire/ -- Hawthorne Global Aviation Services, LLC ("Hawthorne") is pleased to announce the appointment of Cameron Burr as Executive Chairman of the Board of Directors.
  • Leonard and Slangerup are both new to the board of Hawthorne and have served in multiple executive roles within aviation.
  • Hawthorne Global Aviation Services is a premier provider of general aviation services, with a rich history in the industry dating back to 1932.
  • For more information on Hawthorne Global Aviation Services, please visit www.hawthorne.aero .

Super Bowl Ad for Inspiration4 Invites Viewers to Join World’s First All-Civilian Mission to Space

Wednesday, February 3, 2021 - 2:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210203005282/en/
    The Inspiration4 Super Bowl commercial ends with an invitation for viewers to go to space, and to visit the missions website, www.inspiration4.com, to learn more.
  • The release of the spot today follows Mondays announcement of the Inspiration4 mission at SpaceX headquarters and the humanitarian and charitable message Inspiration4 intends to deliver.
  • As the camera moves across the suit, the voice-over intones, This fall Inspiration4 launches as the first all-civilian mission to space, and you could be on board.
  • The commercial ends with an invitation for viewers to go to space, and to visit the missions website, www.inspiration4.com , to learn more.

New Sci-Fi Book by Alex Schuler Gives Readers a Case of Future Shock

Tuesday, February 2, 2021 - 1:17pm

Many embrace these advancements; others have a profound case of "future shock."

Key Points: 
  • Many embrace these advancements; others have a profound case of "future shock."
  • A term coined back in the 1970s by author Alvin Toffler, future shock is a sickness where people are unable to cope with rapid technological and sociological change.
  • Even Elon Musk, CEO of Tesla and SpaceX, has said "AI is a fundamental risk to the existence of human civilization."
  • Shawn's algorithm is exactly what Elon Musk warns us about; it's what fuels our future shock.