DealsJul 8, 2026, 07:16 AM
Odysight.ai Secures $0.3M Order from IMOD via Elbit Systems
AI Summary
Odysight.ai Inc. announced it has received a purchase order from Elbit Systems, on behalf of the Israeli Ministry of Defense (IMOD), valued at approximately $0.3 million. The order is for the integration of Odysight.ai’s computer vision-based Prognostics and Health Management (PHM) system onto several platforms. This deal represents a significant expansion of the company's engagement with the IMOD and may lead to broader deployment across the Israeli Defense Forces, with potential international follow-on opportunities.
Key Highlights
- Received a purchase order valued at approximately $0.3 million (NIS 1.0 million).
- Order from Elbit Systems on behalf of the Israeli Ministry of Defense (IMOD).
- To integrate Odysight.ai's computer vision-based PHM system onto several platforms.
- Potential for wide deployment across the Israeli Defense Forces upon successful completion.
- Aims to increase platform availability, extend service life, and improve operational readiness.
- Expands Odysight.ai's engagement with the IMOD, building on previous deployments.
Price Impact
More from ODYS