❄️Kiko ❄️

How $OSS is becoming the new (specialized) $NVDA: $OSS at ONLY $260M market cap is following the EXACT playbook.... ....that took $NVDA and $PLTR from nobodies to trillion-dollar titans. Let me show you the DNA match nobody’s talking about: $NVDA and $PLTR didn’t become household names by going broad. They became titans by solving IMPOSSIBLE problems for very specific, high-paying customers. $OSS is doing the exact same thing in Edge AI. The Early $NVDA Parallel: Early NVIDIA wasn’t just about fast chips. It was about CUDA the software layer that made their hardware indispensable for developers. $OSS is pulling the SAME move with PCIe Switch Fabric mastery + Ion Accelerator software. The Hardware Moat: • Just as NVIDIA owned the GPU, $OSS is owning the “rugged chassis” that protects those GPUs. • They’re an NVIDIA NPN Elite Partner (not competing, ENABLING) • They are the specialized vehicle that carries NVIDIA’s brains into battle. • Proprietary PCIe Switch Fabric that disaggregates compute. The Software Lock-In: • $OSS isn’t just selling “boxes” • Ion Accelerator and SkyScale platforms = management layer for AI workflows at the edge • Once a military drone or medical scanner is tuned to OSS software, switching costs are MASSIVE. • It’s incredibly painful to swap them out for a competitor. You can’t run AI on a tank with a Dell server. You need $OSS. The Early $PLTR Parallel: Palantir became indispensable by being “designed-in” to DoD operations. $OSS is doing the SAME at the hardware level: • U.S. Army Ground Vehicles (Stryker, Bradley, Abrams) • P-8A Poseidon: $50M+ lifetime revenue from ONE platform. • Multi-year contracts that last 10-20 years once you’re in. The Transition Everyone’s Missing: December 2025: $OSS sold Bressner for $22.4M. This wasn’t just “asset optimization.” This was the moment they became a PURE PLAY Edge AI company. Before Bressner sale: > Blended gross margin: 35.7%. > Mixed business model. After Bressner sale: > Pure OSS margin: 45.6%. > 100% focused on high-margin rugged AI systems. The Numbers That Matter: Q3 2025: • Revenue: $18.8M (+36.9% YoY) • OSS Segment: $11.5M (+43.4% YoY) • Adjusted EBITDA: $1.2M (vs -$6.0M loss prior year) • Cash Position: $30M+ (post-sale + $12.5M raise) The Platform Awards (This is the Big One): $OSS isn’t selling “boxes.” They’re winning PLATFORM AWARDS. • U.S. Army: $200M+ potential over 5 years • Aerospace Prime (IFE): $6.5M over 5 years • Medical Imaging: $25M+ over 5 years • Autonomous Trucking Pipeline: $200M+ Once you’re “designed-in” to a military platform, you’re there for DECADES. The Valuation Disconnect: > Current EV/Sales: 1.88x > Rugged computing peers: 2.5x - 3.5x > Even a peer-level multiple re-rating = 50-70% upside. That’s BEFORE accounting for: • Army production award • PCIe Gen 6 adoption cycle • Medical imaging scale-up • Autonomous trucking wins The Institutional Signal: Look who’s buying after the 180% run: • Vanguard: +20% position increase • Citadel: +463.3% position increase • Renaissance Technologies: +285.9% • Arrowstreet Capital: New position Smart money doesn’t buy AFTER a stock doubles unless they see the ceiling is MUCH higher. The Technical Moat: What $NVDA had with CUDA, $OSS has with: 1. PCIe Switch Fabric mastery. 2. Liquid cooling (impossible to replicate cheaply) 3. Ruggedization + SWaP optimization (tested at Army) You can’t just “build a competitor” when your systems need to survive being dropped off a truck at 40 mph. The Setup Right Now: $OSS just pulled back from $12.75 to $9.54 (24% correction). The thesis didn’t change. The Army contract didn’t go away. The $30M cash didn’t evaporate. The market is giving you a chance to buy the “rugged infrastructure for the AI revolution” at a 25% discount. The Bottom Line: $NVDA: Owned the GPU when nobody cared about AI $PLTR: Owned DoD software when nobody understood it $OSS: Owns rugged Edge AI infrastructure while everyone’s still looking at cloud > $260M market cap. > $200M+ Army pipeline. > $30M+ cash. > 45.6% gross margins. > Multi-decade platform awards. Early $NVDA had CUDA lock-in. Early $PLTR had DoD design-wins. > $OSS has BOTH at the Edge. You aren’t paying enough attention. Note: This is not financial advice.