By Kelly Cloonan
Shares of One Stop Systems climbed after the company said it notched a $2 million production contract from a medical-imaging equipment manufacturer.
The stock rose 7.8% to $4.30 on Thursday. Shares have climbed 91% in the past 12 months.
The artificial intelligence-enabled solutions company said Thursday it will provide 65 of its 3U-SDS systems for use in the manufacturer's non-invasive breast-cancer-screening devices.
The order marks a transition to volume production following an initial $500,000 pilot order in March, the Escondido, Calif., company said.
One Stop Systems expects the total program value to reach at least $25 million over the next five years, it said.
The company expects to recognize revenue from the contract over the next six to 12 months.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
July 10, 2025 12:17 ET (16:17 GMT)
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