Osom Products, the phone company founded by ex-Essential employees, is shutting down

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Osom Products, Inc. — the mobile telephone institution founded by erstwhile employees of Essential, which unopen down aft releasing a azygous telephone — is reportedly shutting down this week, having released a azygous phone.

The quality comes soon aft Osom’s erstwhile main privateness serviceman sued the company, claiming that it’s out of money aft its CEO utilized concern funds to wage for idiosyncratic trips and exotic cars.

During an interior gathering connected Tuesday, Osom executives announced their determination to shutter the company, according to aggregate sources who spoke to Android Authority. The study claims that astir of the company’s employees volition beryllium laid disconnected connected Friday, but volition person severance wage and beryllium eligible for continued wellness care.

Osom was started by Jason Keats (the allegedly Lambo-loving CEO) and respective erstwhile executives and employees of Essential aft that institution shut down successful 2020, pursuing poor sales of its Essential Phone and the departure of laminitis Andy Rubin. Osom’s stated extremity was to make privacy-focused products, which included a USB-C cablegram with a switch to crook disconnected its information transportation capabilities, and the Osom OV1 smartphone, which the institution revealed successful aboriginal 2022.

The institution partnered with blockchain institution Solana aboriginal that twelvemonth to motorboat a mentation of the OV1, present called the Saga, with a built-in crypto wallet and different apps that trust connected Solana’s blockchain features. A fewer engineers volition reportedly stay connected astatine Osom arsenic contractors to assistance present different information update for the Saga smartphone successful December, and implicit the company’s obligations to Solana.

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