Procore signs multi-year strategic collaboration agreement with AWS
REHOVOT, Israel - Maris-Tech Ltd. (Nasdaq:MTEK) has entered into a Product Supply Agreement with One Stop Systems, Inc. (Nasdaq:OSS) to strengthen its presence in the U.S. defense market, according to a company press release issued Wednesday. OSS, which has seen its stock surge 147% over the past year according to InvestingPro data, currently maintains a market capitalization of $108 million.
Under the agreement, OSS will promote, support and fulfill Maris-Tech’s portfolio of video and artificial intelligence-based edge computing solutions to defense sector customers in the United States. OSS specializes in ruggedized compute systems designed for mission-critical applications in harsh environments. The company maintains strong liquidity with a current ratio of 3.51, indicating robust operational capabilities. InvestingPro analysis reveals 11 additional key insights about OSS’s market position and financial health.
"This agreement marks an important milestone in our U.S. expansion strategy," said Israel Bar, Chief Executive Officer of Maris-Tech.
Michael Knowles, Chief Executive Officer of OSS, stated: "Maris-Tech’s video and AI-based edge computing solutions are an ideal complement to our ruggedized platforms."
The collaboration aims to provide OSS customers with access to Maris-Tech’s solutions for intelligence gathering, situational awareness, and threat detection.
This partnership follows Maris-Tech’s recent collaborations in Asia-Pacific, Europe and India as part of its strategy to extend its reach in key global markets through regional partnerships.
Maris-Tech, based in Israel, develops video and AI-based edge computing technology for applications in defense, aerospace, intelligence gathering, homeland security, and communication industries.
In other recent news, One Stop Systems Inc. reported its second-quarter 2025 financial results, highlighting a revenue beat but a larger-than-expected earnings per share (EPS) loss. The company achieved a revenue of $14.1 million, surpassing the anticipated $13.42 million. However, the EPS was negative $0.07, which did not meet the forecasted negative $0.04. These financial results indicate mixed performance, with revenue exceeding expectations while earnings fell short. The revenue beat suggests strong sales performance, although the larger EPS loss points to higher costs or other financial challenges. Despite the earnings miss, the revenue growth may reflect positively on the company’s operational strategies. Investors and analysts will likely continue to monitor One Stop Systems’ financial health and strategic decisions.
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