Launching a cellphone firm is a remarkably troublesome — some even say silly — factor to do. OSOM Products, which rose out of the smoldering ashes of Important in 2020, is closing store. Android Authority was first to report the news, after having access to an inner announcement from CEO Jason Keats.
OSOM all the time had a troublesome street, with plans to launch a privacy-focused handset. And very like Important earlier than it, the corporate handled its personal authorized struggles — particularly a lawsuit in opposition to filed by a former worker alleging financial mismanagement.
For its half, the corporate did handle to launch a cell gadget, although not the first-party cellphone it had introduced. Fairly the corporate lent its expertise to a Web3 focused units from Solana.
OSOM did handle to carry a product to market below its personal identify. The OSOM Privacy Cable is successfully a USB twine whose information switch might be disabled in conditions the place “juice jackers” could be current.
“The report in Android Authority is appropriate, OSOM is unfortunately shutting down. In Might of 2024, having no clients for a cell phone regardless of concerted efforts, OSOM on the time determined to pivot to a brand new undertaking,” CEO Jason Keats mentioned in an announcement supplied to TheTrendyType. “OSOM was compelled to let go of numerous workers at the moment to cut back our burn price.”
The “new undertaking” would seem to consult with an “AI-powered digicam” it deliberate as a followup to its unreleased smartphone. In accordance with preliminary experiences, Keating had tried to promote the corporate off to HP, however was unable to strike a deal.
“Sadly, given the grim market local weather for fundraising for shopper electronics startups, we had been unable to lift a brand new spherical,” Keats says. “Whereas some upkeep operations to make sure contractual necessities will proceed, OSOM’s common operations will shut down on September 6.”
