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Launching a cellphone firm is a remarkably troublesome — some even say silly — factor to do. OSOM Merchandise, which rose out of the smoldering ashes of Important in 2020, is closing store. Android Authority was first to report the information, after having access to an inner announcement from CEO Jason Keats.
OSOM at all times had a troublesome highway, 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 towards filed by a former worker alleging monetary mismanagement.
For its half, the corporate did handle to launch a cellular machine, although not the first-party cellphone it had introduced. Moderately the corporate lent its expertise to a Web3 targeted gadgets from Solana.
OSOM did handle to carry a product to market underneath its personal identify. The OSOM Privateness Cable is successfully a USB wire whose information switch might be disabled in conditions the place “juice jackers” is likely to be current.
“The report in Android Authority is appropriate, OSOM is unfortunately shutting down. In Could of 2024, having no clients for a cell phone regardless of concerted efforts, OSOM on the time determined to pivot to a brand new challenge,” CEO Jason Keats stated in an announcement offered to TechCrunch. “OSOM was compelled to let go of quite a few workers at the moment to scale back our burn fee.”
The “new challenge” would seem to consult with an “AI-powered digicam” it deliberate as a followup to its unreleased smartphone. In accordance with preliminary stories, Keating had tried to promote the corporate off to HP, however was unable to strike a deal.
“Sadly, given the awful market local weather for fundraising for client electronics startups, we have been unable to boost a brand new spherical,” Keats says. “Whereas some upkeep operations to make sure contractual necessities will proceed, OSOM’s basic operations will shut down on September 6.”
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