OSOM Products, founded in 2020 by former Essential executives, is shutting down this week after struggling financially. The company, known for privacy-focused products like the OSOM Privacy Cable and the OSOM OV1 smartphone, faced setbacks when Solana, a key partner, decided not to continue working with OSOM for its Saga Two smartphone. OSOM attempted to pivot towards an AI-powered camera and a potential sale to HP, but both efforts failed. CEO Jason Keats addressed financial misconduct allegations in a lawsuit, which the company denies. Most employees will be laid off, though a few will remain to fulfill obligations to Solana.
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