Odysight.ai Inc. Q3 FY25 Results

“The first nine months of 2025 mark a transformative phase for Odysight.ai. We have built the foundation for sustained growth. The monetization of our backlog has begun, reflecting increasing market adoption of our visual sensing and AI analytics dual use technologies across both unmanned and manned platforms. Our strategic pivot from the medical device market to aerospace, transportation, and industrial sectors is now clearly starting to deliver results. From our TruVision® European flight on the AW139 with the Italian Air Force—our first operational footprint in Europe—to our deployments on UAVs, SH-60 Seahawk aircraft and heavy industrial platforms, Odysight.ai is executing on a global scale. The recent delivery of our system for the Heron TP UAV and our predictive health monitoring deployments with Israel Railways and a leading European industrial partner underscore our ability to translate cutting-edge technology into real-world impact. We remain focused on expanding our backlog as we continue building Odysight.ai into a global leader in intelligent vision-based monitoring and predictive analytics.”

“The financial results for the first nine months of 2025 reflect a disciplined execution of our growth strategy. With revenues of approximately $2.6 million and a strong cash position of approximately $29.8 million as of September 30, 2025, Odysight.ai remains well-capitalized to fund its expansion and deliver on its commercial commitments. Our balance sheet strength allows us to support ongoing R&D activities, execute large-scale deployments and pursue new strategic opportunities. The transition from the medical sector has temporarily impacted revenues, however we believe this better positions us for long-term growth. The backlog, which has begun to monetize this year, provides clearer revenue visibility into 2026 and beyond. We are actively engaged in negotiations that could increase our backlog in the near term, further enhancing our growth outlook. Importantly, the transition to the aerospace, transportation and industrial sectors is now reflected in our revenue mix—validating the long-term commercial potential of our core technology. We plan to continue to manage our capital prudently while investing in programs that generate sustainable value and position Odysight.ai for profitability.”