One Stop Systems (OSS) announced a new $1.5M initial order from a Canadian-based integrator of passenger cabin systems for the commercial aerospace industry. Under the terms of the contract, OSS will provide the embedded Cabin Services Systems, CSS,, comprised of 2,000 PAX Lighting Control Units and 63 Column Integration Controller Units. The PLCU and CICU are DO-160 qualified, and together they are designed to integrate seamlessly with a commercial airliner’s existing in-flight entertainment, and intercom systems to deliver enhanced reliability and performance. OSS expects the platform to contribute approximately $6 million dollars in total revenue over the next three years.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OSS:
- One Stop Systems to attend AUSA annual meeting
- One Stop Systems price target raised to $8 from $7 at Roth Capital
- One Stop Systems Completes $12.5M Stock Offering
- One Stop Systems prices 2.5M shares at $5.00 in registered direct offering
- One Stop Systems price target raised to $9 from $6 at Lake Street