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Launching a cellphone firm is a remarkably tough — some even say silly — factor to do. OSOM Merchandise, a cellphone startup that rose from the smoldering ashes of Important in 2020, is closing store. Android Authority was first to report the information, after getting access to an inner announcement from CEO Jason Keats.
OSOM all the time had a tough highway, with plans to launch a privacy-focused handset. And very similar to Important earlier than it, the corporate handled its personal authorized struggles — particularly a lawsuit 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. Quite the corporate lent its know-how to a web3-focused machine from Solana.
OSOM did handle to deliver a product to market below its personal title. The OSOM Privateness Cable is successfully a USB wire whose knowledge switch could 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 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 mission,” CEO Jason Keats mentioned in a press release offered to TechCrunch. “OSOM was pressured to let go of plenty of workers at the moment to scale back our burn fee.”
The “new mission” would seem to check with an “AI-powered digital camera” it deliberate as a follow-up to its unreleased smartphone. In response to preliminary experiences, Keats 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.”
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