Shares surged 54.6% on the back of outsized revenue growth and robust bookings, driven by accelerating demand in defense and commercial markets as well as a sharpened strategic focus post divestiture.

• Revenue rose 55% year-over-year to $8.1 million, reflecting growth across defense and commercial segments.
• First quarter bookings hit nearly $15 million, nearly matching total 2023 bookings, with a book-to-bill ratio of 1.8 indicating strong future revenue visibility.
• Notable program wins include $10.5 million from U.S. Navy and prime contractors supporting the P-8 Poseidon aircraft and new commercial engagements in aerospace, robotics, and autonomous energy data centers.
• The divestiture of Bressner ($22.4 million proceeds) has refocused OSS on higher-margin AI compute platforms for edge applications, simplifying operations and strengthening the balance sheet.
• Average order size nearly tripled since 2023, with bookings increasingly tied to multiyear, larger commitments across an expanding customer base.