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Plum Acquisition I(PLMI) - Prospectus
2026-02-17 22:13
As filed with the U.S. Securities and Exchange Commission on February 17, 2026. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 VEEA INC. (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 164 E. 83rd Street New York, NY 10028 (212) 535-6050 (Address, including zip code, and telephone number ...
OSS Announces New Multi-Year Platform Award with Top-Tier Aerospace Prime Contractor
Globenewswire· 2026-01-27 13:00
Core Insights - One Stop Systems, Inc. (OSS) has received a $1.1 million initial order from a leading aerospace prime contractor to support next-generation in-flight entertainment systems, with expected delivery by Q4 2026 [1][2] - The contract involves the provision of 200 ADB-10G ruggedized Ethernet switches, which are anticipated to generate over $6.5 million in revenue over the next five years [2][3] Company Overview - OSS specializes in rugged Enterprise Class compute solutions for AI, machine learning, and sensor processing at the edge, catering to demanding environments [4][6] - The company’s product offerings include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software, utilized across various industries including defense and commercial aerospace [5][6] Market Position - The award from a top-tier aerospace contractor highlights the increasing adoption of OSS's networking platforms in commercial in-flight entertainment applications, indicating a strong market presence [3] - OSS aims to build long-term relationships with aerospace customers, which can scale across multiple platforms and production cycles, enhancing its growth potential in both commercial and defense markets [3]
OSS Announces the Sale of Bressner Technology GmbH to Hiper Euro GMBH
Globenewswire· 2025-12-30 21:01
Core Insights - One Stop Systems, Inc. (OSS) has completed the sale of Bressner Technology GmbH to Hiper Euro GMBH for $22.4 million, allowing OSS to focus on its core markets in AI, ML, and rugged edge computing [2][3] - The transaction is expected to generate a pre-tax gain of approximately $7.4 million, enhancing shareholder value and positioning OSS for significant growth opportunities [7][8] Financial Performance - OSS acquired Bressner in 2018 for about $5.6 million, and Bressner's annual sales grew from approximately $18.3 million in 2019 to about $33.0 million as of September 30, 2025 [3] - The updated revenue outlook for OSS for the year ending December 31, 2025, is projected to be between $30 million and $32 million, reflecting a year-over-year growth of 22% to 30% [8] Strategic Focus - The sale of Bressner allows OSS to concentrate on high-growth segments such as deployable AI and real-time sensor processing, which are critical in defense, aerospace, and industrial automation [5][6] - OSS aims to leverage its streamlined operations to pursue larger programs and additional M&A opportunities that align with its core markets [6] Market Position - OSS is positioned to benefit from increasing demand for enterprise-class edge computing solutions, particularly in sectors where latency and reliability are crucial [5] - The company anticipates achieving multi-year organic revenue growth exceeding 20% and improving gross margins as a result of its strategic focus [4][6]
Akamai Technologies' Strategic Moves in Cybersecurity and Cloud Computing
Financial Modeling Prep· 2025-12-02 06:04
Core Insights - Akamai Technologies is a key player in the cybersecurity and cloud computing sectors, known for its global platform supporting edge computing, competing with companies like Cloudflare and Amazon Web Services [1] Company Developments - Akamai announced the acquisition of Fermyon, a company specializing in serverless WebAssembly, which is expected to enhance its edge computing capabilities [3] - The acquisition aligns with Akamai's strategy to expand computing capabilities from core data centers to the edge of the internet, particularly as AI inference shifts towards edge solutions [5] Insider Transactions - On December 1, 2025, Sundaram Mani, Akamai's Executive Vice President and General Manager of Security, sold 10,438 shares at approximately $89.25 per share, leaving him with 13,550 shares, which may influence investor sentiment [2] Stock Performance - Akamai's stock is currently priced at $87.71, reflecting a decrease of 2.02% or $1.81 for the day, with a trading range between $87.55 and $89.43 [4] - Over the past year, the stock has fluctuated between a high of $103.75 and a low of $67.51, with a market capitalization of approximately $12.62 billion [4]
Maris-Tech Announces Strategic Collaboration Agreement with Quantum Gyro to Develop Quantum Based Gyroscope to Replace GPS Navigation
Globenewswire· 2025-11-10 14:00
Core Viewpoint - Maris-Tech Ltd. has entered into a collaboration agreement with Quantum Gyro Ltd. to develop an advanced navigation system called ME-Nav, which integrates edge AI computing with quantum gyroscope technology for GPS-denied environments [2][3][6] Company Overview - Maris-Tech is a leader in video and AI-based edge computing technology, providing intelligent video transmission solutions for defense, aerospace, and communication industries [7] - Quantum Gyro specializes in quantum-enhanced inertial sensors aimed at high-precision navigation in environments where GPS is unavailable [9] Collaboration Agreement Details - The collaboration will result in the formation of a new jointly owned entity (NewCo) to commercialize the ME-Nav system [4][8] - Maris-Tech will hold a 51% ownership stake in NewCo, while Quantum Gyro will own 49% [8] Technology and Application - ME-Nav is designed for mission-critical applications such as military operations, urban warfare, and autonomous systems, where GPS signals may be jammed or unavailable [3][6] - The technology aims to reduce reliance on GPS, addressing the vulnerabilities associated with traditional navigation systems [5][9] Development and Commercialization - Development is expected to progress over the next 24 months with defined milestones and a target budget of approximately $1 million [6][8] - Maris-Tech will have exclusive global rights to manufacture, market, and distribute the ME-Nav product line [8]
Duos Edge AI Joins Nomad Futurist Foundation as Inspiration Sponsor
Globenewswire· 2025-11-06 13:06
Core Insights - Duos Technologies Group, Inc. has partnered with the Nomad Futurist Foundation to enhance education and leadership in digital infrastructure and edge technology sectors [1][3][5] Company Overview - Duos Edge AI, a subsidiary of Duos Technologies Group, specializes in adaptive, modular, and scalable Edge Data Center solutions [1][9] - The company aims to provide high-powered edge computing solutions that minimize latency and optimize performance, particularly in underserved communities [7][9] Partnership Details - The collaboration will focus on co-developing educational programs, community outreach initiatives, and global awareness campaigns to expand access to knowledge in technology [4][5] - Duos Edge AI's role as an Inspiration Partner will involve nurturing future technology leaders and promoting a more connected and inclusive digital future [3][5] Mission and Vision - The Nomad Futurist Foundation's mission is to inspire and empower individuals to thrive in the digital future, aligning with Duos Edge AI's commitment to innovation and education [3][5][8] - Both organizations aim to strengthen the global digital ecosystem by combining technological expertise with educational initiatives [5][8]
One Stop Systems to Report Third Quarter 2025 Financial Results
Globenewswire· 2025-10-22 12:30
Core Viewpoint - One Stop Systems, Inc. (OSS) will release its third quarter 2025 financial results on November 5, 2025, and will hold a conference call to discuss these results [1] Company Overview - One Stop Systems, Inc. is a leader in AI-enabled solutions for edge computing, focusing on rugged Enterprise Class compute and storage products [3][5] - The company designs and manufactures products that support AI, sensor fusion, and autonomous capabilities in challenging environments [3][5] Product Offerings - OSS's product line includes ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software [4] - These products are utilized across various industries, including autonomous trucking, farming, and defense applications [4] Market Position - OSS addresses the entire AI workflow, from data acquisition to deep learning and large-scale inference, and has achieved many industry firsts [5] - The company operates in the rapidly growing multi-billion-dollar edge computing market, delivering high performance in demanding conditions [5]
Advantech Unveils Edge AI Solutions Accelerated by NVIDIA Jetson Thor for Robotics, Medical AI, and Data Intelligence
Prnewswire· 2025-10-22 07:53
Core Insights - Advantech has launched a new lineup of Edge AI solutions powered by NVIDIA Jetson Thor modules, setting a new benchmark for edge AI performance with up to 2070 FP4 TFLOPS [1] - The solutions are designed for real-world applications in robotics, medical AI, and data AI, featuring integrated hardware-software platforms and application-specific tools [1][3] Group 1: Edge AI Solutions - The new Edge AI solutions include robotic controllers for humanoid robots, AMRs, and unmanned vehicles, providing real-time AI reasoning and inference with GPU-accelerated SLAM [2] - Advantech's robotic controllers support multi-camera GMSL, 2D/3D sensors, and IMUs, enabling rapid integration and deployment with features like hardware time sync and anti-vibration design [2] Group 2: Medical AI Systems - Advantech's medical AI systems leverage NVIDIA Jetson Thor and advanced SDKs to enhance real-time sensor processing and image analysis for surgical robotics and diagnostics [3] - The platforms aim for low latency and high precision, making them suitable for operating rooms and clinical workflows [3] Group 3: Data AI Systems - The AIR-075 system is designed for data AI applications, featuring powerful computing capabilities with 4× 10GbE and GMSL interfaces [4] - It integrates with NVIDIA AI technologies to enable sensor fusion and real-time predictive edge intelligence [4] Group 4: Container Solutions - Advantech Container Catalog (ACC) offers a range of ready-to-develop edge AI applications optimized for NVIDIA Jetson platforms [5] - The containerized architecture supports scalable edge AI expansion, facilitating development from single-node setups to distributed networks [5]
What's Happening With Akamai Stock?
Forbes· 2025-10-13 12:35
Core Viewpoint - Akamai is undergoing a transformative shift from traditional content delivery to expanding sectors like security and cloud infrastructure, which may present opportunities for patient investors despite a 20% stock decline this year compared to the S&P 500's 15% increase [1] Group 1: Current Challenges - The immediate concern for Akamai is the lack of growth, with disappointing revenue forecasts for 2025 indicating that new ventures have not yet compensated for declines in the CDN sector [3] - Akamai is perceived as a "show-me" stock, with the market waiting for evidence that new services in cybersecurity and edge computing can drive significant revenue growth [4] - Weak guidance has made investors hesitant, although the valuation has tightened, with shares trading significantly below their 52-week peak [6] Group 2: Financial Health - Akamai maintains a robust financial standing, generating healthy cash flow with operating margins exceeding 15% and free cash flow margins above 30% [7] - The company has modest annual revenue growth of around 4 to 5%, but its balance sheet is strong, with approximately $5.3 billion in debt against an $11 billion market cap and nearly $1 billion in cash [7] Group 3: Market Position and Outlook - Competition from major cloud providers like Amazon and Google has negatively impacted Akamai's CDN operations but has also expanded the cybersecurity market that Akamai is pursuing [6] - For short-term traders, the outlook is uninspiring due to subdued growth during the transition, while long-term investors may find a brighter scenario as Akamai trades at a discount to the S&P 500 with a price-to-sales ratio of about 2.7 compared to 3.3 for the index [9]
OSS Announces New Multi-Year Platform Award for Commercial Passenger Cabin Systems
Globenewswire· 2025-10-09 12:00
Core Insights - One Stop Systems, Inc. (OSS) has secured an initial order valued at approximately $1.5 million from a Canadian integrator for the commercial aerospace industry, with an expected three-year revenue pipeline of around $6 million [1][2]. Group 1: Contract Details - The contract involves the provision of embedded Cabin Services Systems (CSS), which includes 2,000 PAX Lighting Control Units (PLCU) and 63 Column Integration Controller Units (CICU) [2]. - Both PLCU and CICU are DO-160 qualified, ensuring they meet rigorous environmental testing standards for airborne equipment [2]. Group 2: Strategic Importance - Expanding into the commercial aerospace sector is a key component of OSS's long-term growth strategy, highlighting the company's commitment to establishing a presence in rugged compute and control architectures [3]. - The engagement reflects OSS's ongoing partnerships with leading aerospace primes and the demand for DO-160 qualified hardware [3]. Group 3: Product and Market Position - OSS specializes in AI-enabled solutions for edge computing, designing and manufacturing ruggedized servers, compute accelerators, and storage products for various industries, including aerospace [4][5]. - The company addresses the entire AI workflow, from data acquisition to deep learning, and is positioned in the rapidly growing edge computing market [6].