Ramat Ga , Is ael, July 08, 2026 (GLOBE NEWSWIRE) — Odysight.ai I c. (NASDAQ/TASE: ODYS), a leade i AI-powe ed visual se si g a d p edictive mai te a ce (PdM) solutio s fo the defe se, a d i dust ial ma kets, today a ou ced that it has eceived a pu chase o de f om Elbit Systems, o behalf of the Is aeli Mi ist y of Defe se (IMOD), to i teg ate Odysight.ai’s compute visio -based P og ostics a d Health Ma ageme t (PHM) system o to seve al platfo ms. The o de , valued at app oximately $0.3 millio (NIS 1.0 millio ), may lead the deployme t ac oss b oade Is aeli Defe se Fo ces platfo ms, upo successful completio of the i stallatio .
U de the co t act, Odysight.ai’s system will mo ito multiple safety-c itical compo e ts, e abli g ea ly detectio of developi g faults befo e they escalate i to safety eve ts. The objective is to i c ease the platfo m availability, exte d platfo m se vice life, a d imp ove ove all milita y ope atio al eadi ess – capabilities that a e i c easi gly ce t al to defe se p ocu eme t p io ities i a e vi o me t of heighte ed ope atio al tempo a d co st ai ed sustai me t budgets.
This o de ep ese ts a mea i gful expa sio of Odysight.ai’s e gageme t with the IMOD, buildi g o the Compa y’s p eviously a ou ced delive y of its visio -based mo ito i g system (July 2025), a d its deployme ts as sole-sou ce supplie . Odysight.ai’s PdM tech ology is i a pote tial pathway to fleet deployme t, with follow-o oppo tu ities ac oss platfo ms ope ated globally.
Key P og am Highlights:
- Custome : Is aeli Mi ist y of Defe se
- Scope: I teg atio of Odysight.ai’s compute visio -based PHM system
- O de value: App oximately $0.3 millio (NIS 1.0 millio )
- Expa sio pathway: pote tial deployme t ac oss the Is aeli Defe se Fo ces upo successful completio of the i stallatio , with i te atio al follow-o oppo tu ity ac oss allied ope ato s
- St ategic co text: Exte ds Odysight.ai’s ope atio al footp i t o va ious platfo ms
“This o de is a sig ifica t milesto e i ou lo g-sta di g pa t e ship with the Is aeli Mi ist y of Defe se a d with Elbit Systems,” said
Odysight.ai, i co po ated i Nevada, U.S., with subsidia ies i Eu ope a d Is ael, is adva ci g the P edictive Mai te a ce (PdM) a d Co ditio -Based Mo ito i g (CBM) i dust ies th ough a AI platfo m fo c itical systems ac oss va ious secto s. By combi i g adva ced visual se si g, eal-time a alytics, a d AI-d ive i sights, Odysight.ai helps o ga izatio s imp ove safety, efficie cy, a d ope atio al i tellige ce. Its tech ology has bee deployed i p ojects with NASA, the U.S. Depa tme t of Wa , the Is aeli Mi ist y of Defe se, a d leadi g ae ospace OEMs, delive i g measu able imp oveme ts i system eliability a d mai te a ce pe fo ma ce.
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I fo matio set fo th i this ews elease co tai s fo wa d-looki g stateme ts withi the mea i g of safe ha bo p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995 elati g to futu e eve ts o ou futu e pe fo ma ce. All stateme ts co tai ed i this p ess elease that do ot elate to matte s of histo ical fact should be co side ed fo wa d-looki g stateme ts, i cludi g, but ot limited to, stateme ts ega di g expectatio s co ce i g the pu chase o de f om Elbit Systems, i cludi g a pote tial expa sio a d futu e follow-o oppo tu ities with global ope ato s, a d futu e applicatio s of the Compa y’s tech ology. I some cases, you ca ide tify fo wa d-looki g stateme ts by te mi ology such as “may,” “should,” “expects,” “pla s,” “a ticipates,” “believes,” “estimates,” “p edicts,” “pote tial” o “co ti ue” o the egative of these te ms o othe compa able te mi ology. Those stateme ts a e based o i fo matio we have whe those stateme ts a e made o ou ma ageme t’s cu e t expectatio s a d a e subject to isks a d u ce tai ties that could cause actual pe fo ma ce o esults to diffe mate ially f om those exp essed i o suggested by the fo wa d-looki g stateme ts. Facto s that may affect ou esults, pe fo ma ce, ci cumsta ces o achieveme ts i clude, but a e ot limited to the followi g: (i) ou ability to scale up ou ope atio s, i cludi g ma ket accepta ce a d la ge-scale adoptio of ou visio -based se so p oducts, (ii) the amou t a d timi g of futu e sales a d ou lo g a d u p edictable sales cycles, (iii) ou ability to mai tai p oduct quality a d pe fo ma ce at a acceptable cost a d meet tech ical a d quality specificatio s, (iv) ou ability to accu ately estimate the futu e supply a d dema d fo ou solutio s a d cha ges to va ious facto s i ou supply chai , (v) the ma ket fo adoptio of visio -based se so tech ologies, (vi) complia ce with existi g laws a d egulatio s a d egulato y developme ts i the U ited States, Is ael, a d othe ju isdictio s, i cludi g t ade co t ol laws, expo t autho izatio s a d safety egulatio s, (vii) ou pla s a d ability to obtai , mai tai , a d p otect i tellectual p ope ty ights, i cludi g exte sio s of pate t te ms, a d ou ability to avoid i f i gi g the i tellectual p ope ty ights of othe s, (viii) the eed to hi e additio al pe so el a d ou ability to att act a d etai such pe so el, i cludi g key membe s of ou se io ma ageme t, (ix) ou estimates ega di g expe ses, backlog, futu e eve ue, capital equi eme ts a d eed fo additio al fi a ci g, (x) ou depe de ce o thi d pa ties, i cludi g supplie s a d st ategic pa t e s, (xi) ou depe de ce o a limited umbe of custome s fo a substa tial po tio of ou eve ues, a d the impact if o de volumes f om existi g o a ticipated custome s do ot meet expectatio s, (xii) ou fi a cial pe fo ma ce a d histo y of ope ati g losses, (xiii) the g owth of egulato y equi eme ts a d i ce tives, (xiv) the i co po atio of a tificial i tellige ce, o AI, a d machi e lea i g, o ML, i to ou p oducts, (xv) isks elated to p oduct liability claims o p oduct ecalls, (xvi) cybe secu ity isks a d pote tial data secu ity b eaches, (xvii) the ove all global eco omic e vi o me t a d t ade te sio s, i cludi g the adoptio o expa sio of eco omic sa ctio s, ta iffs o t ade est ictio s, (xviii) challe ges a d isks elated to sales to gove me t e tities a d highly egulated o ga izatio s, (xix) the impact of competitio a d ew tech ologies, (xx) limitatio s a d exclusivity p ovisio s i ou custome ag eeme ts a d est ictio s o the use of i tellectual p ope ty, (xxi) ou ability to e su e that ou solutio s i te ope ate with a va iety of ha dwa e a d softwa e platfo ms, (xxii) ou pla s to co ti ue to i vest i esea ch a d develop tech ology fo ew p oducts, (xxiii) ou pla s to pote tially acqui e compleme ta y busi esses, (xxiv) the impact of futu e pa demics o ou busi ess a d o the busi ess of ou custome s, (xxv) fluctuatio s i fo eig cu e cy excha ge ates, (xxvi) secu ity, political a d eco omic i stability i the Middle East that could ha m ou busi ess, i cludi g due to the secu ity situatio i Is ael; a d milita y co flicts with I a a d te o ist o ga izatio s, (xxvii) the i c eased expe ses a d equi eme ts associated with bei g a listed public compa y o the Nasdaq Capital Ma ket, o Nasdaq, a d (xxviii) isks associated with ou dual listi g o the Tel Aviv Stock Excha ge, o the TASE, i cludi g p ice volatility, liquidity a d egulato y equi eme ts. These a d othe impo ta t facto s discussed i Odysight.ai’s A ual Repo t o Fo m 10-K filed with the Secu ities a d Excha ge Commissio (“SEC”) o Ma ch 19, 2026, a d ou othe epo ts filed with the SEC, could cause actual esults to diffe mate ially f om those i dicated by the fo wa d-looki g stateme ts made i this p ess elease. Except as equi ed u de applicable secu ities legislatio , Odysight.ai u de takes o obligatio to publicly update o evise fo wa d-looki g i fo matio .
