One Stop Systems, Inc. (NASDAQ:OSS) shares are trading higher Tuesday, adding to gains of more than 60% over the past week.
One Stop Systems’ Bold Leap Into Defense Innovation
The company announced last week a new partnership with a leading U.S. defense prime contractor tied to a pre-production order for U.S. Army combat vehicle systems.
One Stop Systems said it received an initial design and prototype order valued at approximately $1.2 million from a new U.S. defense prime contractor. The order covers the design, development and delivery of ruggedized integrated compute and visualization systems for U.S. Army combat vehicles.
The company said the engagement involves integrating OSS hardware into the prime contractor's system solution, supporting next-generation 360-degree vision, sensor distribution and sensor processing capabilities for Army platforms. OSS noted the program builds on its existing development activities with the U.S. Army focused on modernizing ground vehicle situational awareness and digital sensor fusion architectures.
Under the terms of the order, OSS will deliver GPU-accelerated systems including a Video and Sensor Concentrator, an intelligent PCIe Switch and a GPU-accelerated Crew Computer. The systems are packaged in a SWaP-optimized, fully rugged, passively cooled embedded chassis designed for U.S. Army ground combat environments and are intended to process and disseminate real-time sensor and video data.
OSS said prototype units are expected to be delivered for field testing following approximately three to six months of testing and integration with the prime contractor's solution. The company noted its hardware is designed for deployment across a range of Army vehicles, including Stryker, Bradley, Abrams, and emerging manned and optionally manned platforms.
The company also said its hardware has been undergoing testing at the U.S. Army Ground Vehicle Systems Center in Warren, Michigan, supporting future Army mobility, autonomy, and digital modernization initiatives.
OSS Flashes Bullish Momentum
One Stop Systems is currently showing strong bullish momentum, trading well above its key moving averages. The stock is positioned for potential further gains, especially with the 20-day SMA above the 50-day SMA, indicating a solid upward trend.
The RSI is currently at 73.49, which signals that the stock is in overbought territory. This suggests that while momentum is strong, traders should be cautious as a pullback could occur if buying pressure eases.
MACD is above its signal line, indicating bullish momentum in the stock. This suggests that the current trend is strong, and traders may look for continuation patterns in the near term.
Currently, there are no defined support or resistance levels, which can make the stock’s price action more unpredictable. Traders should watch for any price breaks above or below recent highs or lows to gauge potential trend changes.
Over the past 12 months, OSS has skyrocketed by 258.71%, showcasing a remarkable recovery and growth trajectory. This long-term performance indicates strong investor interest and confidence in the company’s future prospects.
One Stop Systems Shares Rise During Early Trading
OSS Price Action: At the time of writing, One Stop Systems shares are trading 6.03% higher at $11.15, according to data from Benzinga Pro. The stock is well off its highs of the session.
This illustration was generated using artificial intelligence via Midjourney.
