OMER, Israel, May 22, 2024 (GLOBE NEWSWIRE) -- Odysight.ai (OTCQB: ODYS), pioneering developer of AI systems for Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) solutions, is proud to announce an inaugural purchase order from France-based Safran Aircraft Engines. As part of the order, Odysight.ai will supply its cutting-edge micro cameras to support Safran's experimentation, planning and development of jet engines for the aviation industry. Equipped with specially crafted senso
OMER, Israel, May 16, 2024 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (OTCQB: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, announced financial results for the three months ended March 31, 2024. As of March 31, 2024, Odysight.ai had $15.6 million of cash and short-term deposits on its balance sheet. The Company reported a U.S. generally accepted accounting principles (GAAP) net loss of $3.2 million and a non-GAAP net loss of $2.7
OMER, Israel, May 09, 2024 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (OTCQB: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, is pleased to announce the receipt of a purchase order from Tel Aviv University for a research and development project of the Israeli Ministry of Defense for a bespoke system based on its proprietary visual sensors. Odysight believes the purchase order showcases the wide variety of applications for its visua