ODYSIGHT.AI AND A MULTINATIONAL TECHNOLOGY GROUP SIGN STRATEGIC COLLABORATION AGREEMENT AIMED TO DEPLOY PREDICTIVE MAINTENANCE CAPABILITIES ACROSS MULTIPLE PLATFORMS
Odysight.AI (NASDAQ: ODYS) has entered into a strategic commercial collaboration agreement with an unnamed multinational technology group to implement predictive maintenance capabilities across multiple sectors. The partnership will initially focus on heavy vehicles in defense, mining, agriculture, and autonomous vehicle sectors.
The collaboration follows successful trials of Odysight.AI's system on critical aviation components under extreme conditions. The technology demonstrated robust performance in harsh environments, leading to potential expanded deployments in aviation and heavy vehicles. The integration aims to provide real-time monitoring and predictive analytics to enhance platform safety, reduce maintenance demands and costs, and improve operational efficiency.
Odysight.AI (NASDAQ: ODYS) ha stipulato un accordo strategico di collaborazione commerciale con un gruppo tecnologico multinazionale non identificato per implementare capacità di manutenzione predittiva in diversi settori. La partnership si concentrerà inizialmente su veicoli pesanti nei settori della difesa, minerario, agricolo e dei veicoli autonomi.
La collaborazione segue prove di successo del sistema di Odysight.AI su componenti critici dell'aviazione in condizioni estreme. La tecnologia ha dimostrato prestazioni solide in ambienti difficili, aprendo la strada a possibili estensioni nell'aviazione e nei veicoli pesanti. L'integrazione punta a fornire monitoraggio in tempo reale e analisi predittive per migliorare la sicurezza delle piattaforme, ridurre le esigenze e i costi di manutenzione e aumentare l'efficienza operativa.
Odysight.AI (NASDAQ: ODYS) ha firmado un acuerdo estratégico de colaboración comercial con un grupo tecnológico multinacional no identificado para implementar capacidades de mantenimiento predictivo en varios sectores. La asociación se centrará inicialmente en vehículos pesados en los sectores de defensa, minería, agricultura y vehículos autónomos.
La colaboración sigue a pruebas exitosas del sistema de Odysight.AI en componentes críticos de aviación bajo condiciones extremas. La tecnología demostró un rendimiento sólido en entornos adversos, lo que abre la posibilidad de implementaciones ampliadas en aviación y vehículos pesados. La integración tiene como objetivo proporcionar monitoreo en tiempo real y análisis predictivo para mejorar la seguridad de las plataformas, reducir las demandas y costos de mantenimiento y aumentar la eficiencia operativa.
Odysight.AI (NASDAQ: ODYS)는 다국적 기술 그룹과 전략적 상업 협력 계약을 체결하여 여러 분야에 걸쳐 예측 유지보수 기능을 구현할 예정입니다. 이 파트너십은 처음에 국방, 광업, 농업 및 자율주행 차량 분야의 중장비 차량에 집중됩니다.
이번 협력은 극한 환경에서 중요한 항공 부품에 대한 Odysight.AI 시스템의 성공적인 시험 이후 이루어졌습니다. 이 기술은 열악한 환경에서도 견고한 성능을 보여 항공 및 중장비 차량 분야에서 확대 적용 가능성을 열었습니다. 통합의 목표는 실시간 모니터링 및 예측 분석을 제공하여 플랫폼 안전성을 높이고 유지보수 요구와 비용을 줄이며 운영 효율성을 향상시키는 것입니다.
Odysight.AI (NASDAQ : ODYS) a conclu un accord de collaboration commerciale stratégique avec un groupe technologique multinational non nommé pour déployer des capacités de maintenance prédictive dans plusieurs secteurs. Le partenariat se concentrera initialement sur les véhicules lourds dans les secteurs de la défense, de l'exploitation minière, de l'agriculture et des véhicules autonomes.
Cette collaboration fait suite à des essais réussis du système d’Odysight.AI sur des composants critiques de l’aviation dans des conditions extrêmes. La technologie a démontré une performance robuste en environnements difficiles, ouvrant la voie à des déploiements élargis dans l’aéronautique et les véhicules lourds. L’intégration vise à fournir une surveillance en temps réel et des analyses prédictives pour renforcer la sécurité des plateformes, réduire les besoins et coûts de maintenance, et améliorer l’efficacité opérationnelle.
Odysight.AI (NASDAQ: ODYS) hat eine strategische kommerzielle Zusammenarbeit mit einer unbenannten multinationalen Technologiefirma vereinbart, um prädiktive Wartungsfunktionen in verschiedenen Branchen einzuführen. Die Partnerschaft wird sich zunächst auf schwere Fahrzeuge in den Bereichen Verteidigung, Bergbau, Landwirtschaft und autonome Fahrzeuge konzentrieren.
Die Zusammenarbeit folgt auf erfolgreiche Tests des Odysight.AI-Systems an kritischen Luftfahrtkomponenten unter extremen Bedingungen. Die Technologie zeigte robuste Leistungen in rauen Umgebungen, was auf eine mögliche erweiterte Nutzung in der Luftfahrt und bei schweren Fahrzeugen hinweist. Die Integration zielt darauf ab, Echtzeitüberwachung und prädiktive Analysen bereitzustellen, um die Sicherheit der Plattformen zu erhöhen, Wartungsaufwand und -kosten zu senken und die Betriebseffizienz zu verbessern.
- None.
- Partner company remains unnamed, limiting transparency
- No specific financial terms or revenue projections disclosed
- Timeline for implementation and scale-up not specified
Insights
Odysight.AI secures significant commercial partnership to expand predictive maintenance tech beyond aviation into multiple heavy vehicle sectors.
Odysight.AI has secured a strategic commercial collaboration with an unnamed multinational technology group, representing a critical expansion opportunity beyond their core aviation market. The partnership targets deployment of predictive maintenance capabilities across defense, mining, agriculture, and autonomous vehicle sectors—all high-value industrial segments.
The agreement follows successful trials on a critical aviation component under extreme conditions, which validated the system's performance in harsh environments. This validation serves as a technical proof point that could accelerate adoption across multiple industries.
What makes this partnership particularly valuable is the multinational's position as a trusted supplier to leading aerospace and mobility manufacturers. This creates a potential distribution channel for Odysight's technology across an established customer base. The collaboration enhances the partner's product offerings while giving Odysight access to new markets at scale.
For Odysight, this represents a strategic diversification of their business model, expanding from aviation-specific applications to multiple heavy industry verticals. The focus on predictive maintenance for critical components addresses universal pain points across these industries: safety concerns, maintenance costs, and operational downtime.
While financial terms weren't disclosed, the agreement's emphasis on multiple proof-of-concepts suggests a staged implementation approach that could evolve into wider commercial deployment if successful, creating a scalable growth pathway for Odysight.AI's technology.
OMER, Israel, July 22, 2025 (GLOBE NEWSWIRE) -- Odysight.AI Inc. (NASDAQ: ODYS) is proud to announce a commercial collaboration agreement with a multinational technology group to deploy one or more proof-of-concepts using Odysight.AI’s systems. The initial deployment will focus on select heavy vehicles across the fields of defense, mining, agriculture and heavy autonomous vehicle sectors. This collaboration marks a significant milestone, aimed to expand Odysight.AI’s predictive maintenance technology beyond the aviation vertical at scale in the multinational technology group’s line of products.
The collaboration agreement follows successful trials of Odysight.AI’s system on a critical aviation component manufactured by the global partner and tested under extreme conditions. The trials, conducted at advanced facilities worldwide, validated the system’s robust performance under prolonged stress and harsh environments, confirming its unique value in challenging operational contexts.
Following the success of the trials, both parties are already exploring expanded deployments in aviation in addition to heavy vehicles with broader collaborative opportunities across a wide range of customers and use cases. Integration of the Odysight.AI solution is expected to provide real-time monitoring and predictive analytics designed to enhance platform safety, reduce maintenance demands, reduce costs and improve overall operational efficiency across the partner’s product lines.
“As a trusted supplier to leading aerospace and mobility platform manufacturers, our global partner is known for innovation and quality,” said Yehu Ofer, CEO of Odysight.AI. “Their decision to partner with us and lead customer demonstrations is a strong vote of confidence in our technology. This agreement reflects our shared commitment to driving smarter, safer, and more sustainable operations across industries, verticals and target markets at scale.”
Our global partner plays a key role in delivering engineered materials and smart solutions for mobility and energy applications, as well as high-performance industrial technologies, with aerospace among its core technological pillars. Strongly aligned with our strategic focus on safety, operational efficiency, and technological sophistication in defense mobility, we believe this collaboration with our global partner enhances their offering with advanced predictive maintenance capabilities, which can help customers prevent failures and avoid costly downtime.
About Odysight.AI
Odysight.AI is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation, transportation, and energy industries, Odysight.AI leverages proven visual technologies and products from the medical industry. Odysight.AI’s unique video-based sensors, embedded software, and AI algorithms are being deployed in hard-to-reach locations and harsh environments across a variety of PdM and CBM use cases. Odysight.AI’s platform allows maintenance and operations teams visibility into areas which are inaccessible under normal operation, or where the operating ambience is not suitable for continuous real-time monitoring. For more information, please visit: https://www.Odysight.AI or follow us on Twitter, LinkedIn and YouTube.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding the Company’s expectations regarding its collaboration with a multinational technology group. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our micro Odysight.AI technology or offer Predictive Maintenance and Condition Based Monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of Odysight.AI’s solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on a single customer that accounts for a substantial portion of our revenues, (xi) our reliance on single suppliers for certain product components, including for miniature video sensors which are suitable for our Complementary Metal Oxide Semiconductor technology products, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xiii) the impact of computer system failures, cyberattacks or deficiencies in our cybersecurity, (xiv) the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction and (xv) political, economic and military instability in Israel, including the impact of Israel’s war against Hamas, Hezbollah and Iran. These and other important factors discussed in Odysight.AI’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 26, 2025, and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.AI undertakes no obligation to publicly update or revise forward-looking information.
Company Contact:
Einav Brenner, CFO
info@Odysight.AI
Investor Relations Contact:
Miri Segal
MS-IR LLC
msegal@ms-ir.com
Tel: +1-917-607-8654
FAQ
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