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Blockchain

Osom Products, makers of the Solana Saga blockchain phone, to shut down


The report in Android Authority is correct, Osom is sadly shutting down. In May of 2024, having no customers for a mobile phone despite concerted efforts, Osom at the time decided to pivot to a new project. Osom was forced to let go of a number of employees at that time to reduce our burn rate.

Unfortunately, given the bleak market climate for fundraising for consumer electronics startups, we were unable to raise a new round. While some maintenance operations to ensure contractual requirements will proceed, Osom’s general operations will shut down on September 6th. – Jason Keats, CEO



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