New York, February 20, 2026, 06:21 ET — Premarket
- OSS shares up about 1.4% in premarket trade after a 26% jump in the prior session
- Company announced $10.5 million in new awards tied to the U.S. Navy’s P-8A Poseidon program
- Awards are expected to contribute to revenue in 2026 and continue into 2027
One Stop Systems Inc (OSS.O) shares were up about 1.4% at $10.69 in premarket trading on Friday, after the stock closed up 26.2% on Thursday at $10.54. About 5.08 million shares changed hands in the prior session, roughly 2.6 times its three-month average volume. (Investing)
The move matters because OSS is small enough that a single program win can shift near-term expectations. Investors have been looking for contract signposts that stretch beyond a quarter or two, not just one-off orders.
The company said on Thursday it won $10.5 million in new awards from the U.S. Navy and a U.S.-based prime defense contractor to support the P-8A Poseidon reconnaissance aircraft program, with deliveries expected to contribute to 2026 revenue and continue into 2027. Chief executive Mike Knowles called it the “largest aggregate orders to date” tied to the P-8A platform, and said cumulative contracted revenue on the aircraft now tops $65 million. (Nasdaq)
Under the contract, OSS will deliver rugged data storage units supporting C5ISR — military shorthand for command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance — aboard the P-8A. The systems use hot-swappable canisters with high-capacity NVMe flash storage, a fast standard used for data-intensive workloads, the company said. (GlobeNewswire)
OSS sells “edge” computing hardware — equipment designed to process data near where it is collected — into defense and industrial programs. That business can be lumpy, and the stock tends to swing when orders land.
But contract headlines do not always translate cleanly into revenue. Defense procurement can slip, options can go unexercised, and funding shifts can push deliveries into later quarters — the downside case for a rally built on one announcement.
Traders will watch whether the stock holds its gains once the regular session opens at 9:30 a.m. ET, and whether fresh buying shows up beyond early momentum. Any follow-on P-8A awards or an update on delivery timing could keep the stock in focus next week.
The next scheduled checkpoint is quarterly results, which Wall Street calendars expect around March 18. Investors will be looking for detail on when the new P-8A work starts flowing through revenue and how management frames the 2026 outlook. (Zacks)
