Fundz

Osi Systems Receives $200 Million+ International Order For Cargo And Vehicle Inspection Systems

PUBLIC · OSISJan 17, 2023

Round Type

Funding Round

HawthorneManufacturingHardwareConsumer ElectronicsSecurity

Description

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division has received an award with a value exceeding $200 million from an international customer to provide security infrastructure utilizing the Company’s broad portfolio of cargo and vehicle inspection systems, which include mobile and fixed platforms. In addition to providing these systems, the Company expects to manage the civil works to support the deployments, and provide operator training and follow-on maintenance.

Who else raised in Hardware and Consumer Electronics around the same time

Companies in the same sectors as Osi Systems that raised within 45 days of this round, from Fundz verified event records.

  • Chromatic 3D Materials raised $280K (Seed) on February 1, 2023.
  • Meta Materials raised an undisclosed amount (Series A) on December 7, 2022.
  • Fortem Technologies raised $18M (Funding Round) on February 21, 2023.
  • Pudu Robotics raised $15M (Series C) on February 16, 2023.
  • MIND Technology raised an undisclosed amount (Funding Round) on February 7, 2023.
  • SKYX Platforms raised $8.1M on February 6, 2023.

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Company Information

Company

Osi Systems

Location

Hawthorne, California, United States

About

OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end-product markets.

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Related People

1 contact
Verified contactsGlenn G., Executive Vice President and General C…See plans and pricing
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Osi Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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