ODYSIGHT.AI DELIVERS ADVANCED VISION-BASED MONITORING SYSTEM FOR HERON TP UAV IN STRATEGIC PROGRAM WITH ISRAELI MOD AND AIR FORCE
Rhea-AI Summary
Odysight.ai (NASDAQ: ODYS) has successfully delivered an advanced vision-based monitoring system for the Heron TP UAV, developed for Israel's Ministry of Defense. The system features unique algorithms and miniature sensor-based optical technology specifically designed for monitoring the PT6A-67 engine by Pratt & Whitney.
The integration aims to enhance engine health monitoring and mission assurance for the Israeli Air Force, with dual-use capabilities for both defense and civil applications. The project was developed in collaboration with the Directorate of Defense Research and Development (MAFAT), leveraging Odysight.ai's expertise in AI-based visual diagnostics for predictive maintenance.
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News Market Reaction
On the day this news was published, ODYS declined 3.19%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $75M at that time.
Data tracked by StockTitan Argus on the day of publication.
OMER, Israel, July 24, 2025 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (NASDAQ: ODYS) has completed the delivery of a vision-based monitoring system for the Heron TP UAV, a remotely piloted aircraft system ("RPAS"). The system, developed by Odysight.ai for Israel’s Ministry of Defense (MOD), provides advanced remote monitoring capabilities using unique algorithms and a miniature sensor-based optical system.
The integration is designed to support improved engine health monitoring and mission assurance, tailored specifically to the PT6A-67 engine by Pratt & Whitney. The integration is part of a broader effort to enhance airworthiness and operational safety in the Israeli Air Force.
The system is designed to serve dual-use purposes for both defense and civil applications. The Company is leveraging its expertise in AI-based visual diagnostics for predictive maintenance to bring innovation to the defense sector.
According to Yehu Ofer, CEO of Odysight.ai: “The system we’ve developed is tailored to the unique requirements of our customer and enables remote visual monitoring of hard-to-access engine areas, even during flight. This represents a significant technological achievement and we believe this affirms the system’s reliability and durability under real-world operational conditions.”
This initiative was carried out in collaboration with the Directorate of Defense Research and Development (MAFAT), which promotes the integration of civilian startup capabilities into advanced defense applications and contributes to strengthening Israel’s technological advantage.
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 may contain 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, the Company’s efforts to enhance airworthiness and operational safety in the Israeli Air Force. 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, including the adoption or expansion of economic sanctions, tariffs or trade restrictions 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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