{"success":true,"data":{"pressRelease":{"id":"83139","rtpr_id":"nGNX99MGNw","ticker":"ODYS","exchange":"NASDAQ","all_tickers":["ODYS"],"title":"Odysight.ai Receives Purchase Order from Elbit Systems on Behalf of the Israeli Ministry of Defense for Deployment of Its Vision-Based Prognostics and Health Management System","author":"Globe Newswire","published_at":"2026-07-08T11:15:00.126Z","article_body":"The purchase order, valued at approximately $0.3 million (NIS 1.0 million),\nexpands Odysight.ai’s operational portfolio and may lead to wide deployment\nacross the Israeli Defense Forces upon successful completion\n\nRamat Gan, Israel, July 08, 2026 (GLOBE NEWSWIRE) -- Odysight.ai Inc.\n(NASDAQ/TASE: ODYS), a leader in AI-powered visual sensing and predictive\nmaintenance (PdM) solutions for the defense, and industrial markets, today\nannounced that it has received a purchase order from Elbit Systems, on behalf\nof the Israeli Ministry of Defense (IMOD), to integrate Odysight.ai’s\ncomputer vision-based Prognostics and Health Management (PHM) system onto\nseveral platforms. The order, valued at approximately $0.3 million (NIS 1.0\nmillion), may lead the deployment across broader Israeli Defense Forces\nplatforms, upon successful completion of the installation.\n\nUnder the contract, Odysight.ai’s system will monitor multiple\nsafety-critical components, enabling early detection of developing faults\nbefore they escalate into safety events. The objective is to increase the\nplatform availability, extend platform service life, and improve overall\nmilitary operational readiness – capabilities that are increasingly central\nto defense procurement priorities in an environment of heightened operational\ntempo and constrained sustainment budgets.\n\nThis order represents a meaningful expansion of Odysight.ai’s engagement\nwith the IMOD, building on the Company’s previously announced delivery of\nits vision-based monitoring system (July 2025), and its deployments as\nsole-source supplier. Odysight.ai’s PdM technology is in a potential pathway\nto fleet deployment, with follow-on opportunities across platforms operated\nglobally.\n\nKey Program Highlights:\n* Customer: Israeli Ministry of Defense\n\n\n* Scope: Integration of Odysight.ai’s computer vision-based PHM system\n\n\n* Order value: Approximately $0.3 million (NIS 1.0 million)\n\n\n* Expansion pathway: potential deployment across the Israeli Defense Forces\nupon successful completion of the installation, with international follow-on\nopportunity across allied operators\n\n\n* Strategic context: Extends Odysight.ai’s operational footprint on various\nplatforms\n“This order is a significant milestone in our long-standing partnership with\nthe Israeli Ministry of Defense and with Elbit Systems,” said Yehu Ofer,\nChief Executive Officer of Odysight.ai. “With our solutions across multiple\nstrategically important platforms, we see this as the foundation for broader\nadoption, and we believe the operational data we generate will support\nfollow-on opportunities across the global installed base of allied\noperators.”\n\nAbout Odysight.ai\n\nOdysight.ai, incorporated in Nevada, U.S., with subsidiaries in Europe and\nIsrael, is advancing the Predictive Maintenance (PdM) and Condition-Based\nMonitoring (CBM) industries through an AI platform for critical systems across\nvarious sectors. By combining advanced visual sensing, real-time analytics,\nand AI-driven insights, Odysight.ai helps organizations improve safety,\nefficiency, and operational intelligence. Its technology has been deployed in\nprojects with NASA, the U.S. Department of War, the Israeli Ministry of\nDefense, and leading aerospace OEMs, delivering measurable improvements in\nsystem reliability and maintenance performance.\n\nSee what others miss. Predict what matters most.\n\nWe routinely post information that may be important to investors in the\nInvestors section of our website. For more information, please visit\nwww.odysight.ai or follow us on X (formerly Twitter)\n(https://www.globenewswire.com/Tracker?data=ij5fFxx2FUqJVgJjPwLfTTZR5SxkWmJJsL7ikZuM9npOyW7R0l9IkktCuY8lU-uD4gnb2zxsVG5gcmmUVKa7ZqKmAnE_ufCkiNArd4fmdKc=),\nLinkedIn\n(https://www.globenewswire.com/Tracker?data=S7VNY8ZoPB6VIQTWEMD4unQjr2onzX3IiR4PnS0lwxyv45Mxo19jezaVBuSGvrv9LI8BXMgz95VAV1kEqIzmWEunGfGpJ_JY3H_X6ytuQ8w=)\nand YouTube\n(https://www.globenewswire.com/Tracker?data=wbBWGGrLOFGlLyGWtmbTUhi5rmjCNj8PtReQUUSZnbBZgSR_ZO78v5o_jq0YajLkzR-5KC3okVrsqebFreQnXXTHPPNe9i8WzOx_oQO7jfA=).\n\nForward-Looking Statements\n\nInformation set forth in this news release contains forward-looking statements\nwithin the meaning of safe harbor provisions of the Private Securities\nLitigation Reform Act of 1995 relating to future events or our future\nperformance. All statements contained in this press release that do not relate\nto matters of historical fact should be considered forward-looking statements,\nincluding, but not limited to, statements regarding expectations concerning\nthe purchase order from Elbit Systems, including a potential expansion and\nfuture follow-on opportunities with global operators, and future applications\nof the Company’s technology. In some cases, you can identify forward-looking\nstatements by terminology such as “may,” “should,” “expects,”\n“plans,” “anticipates,” “believes,” “estimates,”\n“predicts,” “potential” or “continue” or the negative of these\nterms or other comparable terminology. Those statements are based on\ninformation we have when those statements are made or our management’s\ncurrent expectations and are subject to risks and uncertainties that could\ncause actual performance or results to differ materially from those expressed\nin or suggested by the forward-looking statements. Factors that may affect our\nresults, performance, circumstances or achievements include, but are not\nlimited to the following: (i) our ability to scale up our operations,\nincluding market acceptance and large-scale adoption of our vision-based\nsensor products, (ii) the amount and timing of future sales and our long and\nunpredictable sales cycles, (iii) our ability to maintain product quality and\nperformance at an acceptable cost and meet technical and quality\nspecifications, (iv) our ability to accurately estimate the future supply and\ndemand for our solutions and changes to various factors in our supply chain,\n(v) the market for adoption of vision-based sensor technologies, (vi)\ncompliance with existing laws and regulations and regulatory developments in\nthe United States, Israel, and other jurisdictions, including trade control\nlaws, export authorizations and safety regulations, (vii) our plans and\nability to obtain, maintain, and protect intellectual property rights,\nincluding extensions of patent terms, and our ability to avoid infringing the\nintellectual property rights of others, (viii) the need to hire additional\npersonnel and our ability to attract and retain such personnel, including key\nmembers of our senior management, (ix) our estimates regarding expenses,\nbacklog, future revenue, capital requirements and need for additional\nfinancing, (x) our dependence on third parties, including suppliers and\nstrategic partners, (xi) our dependence on a limited number of customers for a\nsubstantial portion of our revenues, and the impact if order volumes from\nexisting or anticipated customers do not meet expectations, (xii) our\nfinancial performance and history of operating losses, (xiii) the growth of\nregulatory requirements and incentives, (xiv) the incorporation of artificial\nintelligence, or AI, and machine learning, or ML, into our products, (xv)\nrisks related to product liability claims or product recalls, (xvi)\ncybersecurity risks and potential data security breaches, (xvii) the overall\nglobal economic environment and trade tensions, including the adoption or\nexpansion of economic sanctions, tariffs or trade restrictions, (xviii)\nchallenges and risks related to sales to government entities and highly\nregulated organizations, (xix) the impact of competition and new technologies,\n(xx) limitations and exclusivity provisions in our customer agreements and\nrestrictions on the use of intellectual property, (xxi) our ability to ensure\nthat our solutions interoperate with a variety of hardware and software\nplatforms, (xxii) our plans to continue to invest in research and develop\ntechnology for new products, (xxiii) our plans to potentially acquire\ncomplementary businesses, (xxiv) the impact of future pandemics on our\nbusiness and on the business of our customers, (xxv) fluctuations in foreign\ncurrency exchange rates, (xxvi) security, political and economic instability\nin the Middle East that could harm our business, including due to the security\nsituation in Israel; and military conflicts with Iran and terrorist\norganizations, (xxvii) the increased expenses and requirements associated with\nbeing a listed public company on the Nasdaq Capital Market, or Nasdaq, and\n(xxviii) risks associated with our dual listing on the Tel Aviv Stock\nExchange, or the TASE, including price volatility, liquidity and regulatory\nrequirements. These and other important factors discussed in Odysight.ai’s\nAnnual Report on Form 10-K filed with the Securities and Exchange Commission\n(“SEC”) on March 19, 2026, and our other reports filed with the SEC, could\ncause actual results to differ materially from those indicated by the\nforward-looking statements made in this press release. Except as required\nunder applicable securities legislation, Odysight.ai undertakes no obligation\nto publicly update or revise forward-looking information.\n\nCompany Contact:\n\nEinav Brenner, CFO\ninfo@odysight.ai\n\nInvestor Relations Contact:\n\nMiri Segal, MS-IR LLC\nmsegal@ms-ir.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/fe840a3d-d94f-4b27-ba22-45a8615ddcfb)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX99MGNw","title":"Odysight.ai Receives Purchase Order from Elbit Systems on Behalf of the Israeli Ministry of Defense for Deployment of Its Vision-Based Prognostics and Health Management System","author":"Globe Newswire","ticker":"ODYS","created":"2026-07-08T11:15:00.126Z","tickers":["ODYS"],"exchange":"NASDAQ","article_body":"The purchase order, valued at approximately $0.3 million (NIS 1.0 million),\nexpands Odysight.ai’s operational portfolio and may lead to wide deployment\nacross the Israeli Defense Forces upon successful completion\n\nRamat Gan, Israel, July 08, 2026 (GLOBE NEWSWIRE) -- Odysight.ai Inc.\n(NASDAQ/TASE: ODYS), a leader in AI-powered visual sensing and predictive\nmaintenance (PdM) solutions for the defense, and industrial markets, today\nannounced that it has received a purchase order from Elbit Systems, on behalf\nof the Israeli Ministry of Defense (IMOD), to integrate Odysight.ai’s\ncomputer vision-based Prognostics and Health Management (PHM) system onto\nseveral platforms. The order, valued at approximately $0.3 million (NIS 1.0\nmillion), may lead the deployment across broader Israeli Defense Forces\nplatforms, upon successful completion of the installation.\n\nUnder the contract, Odysight.ai’s system will monitor multiple\nsafety-critical components, enabling early detection of developing faults\nbefore they escalate into safety events. The objective is to increase the\nplatform availability, extend platform service life, and improve overall\nmilitary operational readiness – capabilities that are increasingly central\nto defense procurement priorities in an environment of heightened operational\ntempo and constrained sustainment budgets.\n\nThis order represents a meaningful expansion of Odysight.ai’s engagement\nwith the IMOD, building on the Company’s previously announced delivery of\nits vision-based monitoring system (July 2025), and its deployments as\nsole-source supplier. Odysight.ai’s PdM technology is in a potential pathway\nto fleet deployment, with follow-on opportunities across platforms operated\nglobally.\n\nKey Program Highlights:\n* Customer: Israeli Ministry of Defense\n\n\n* Scope: Integration of Odysight.ai’s computer vision-based PHM system\n\n\n* Order value: Approximately $0.3 million (NIS 1.0 million)\n\n\n* Expansion pathway: potential deployment across the Israeli Defense Forces\nupon successful completion of the installation, with international follow-on\nopportunity across allied operators\n\n\n* Strategic context: Extends Odysight.ai’s operational footprint on various\nplatforms\n“This order is a significant milestone in our long-standing partnership with\nthe Israeli Ministry of Defense and with Elbit Systems,” said Yehu Ofer,\nChief Executive Officer of Odysight.ai. “With our solutions across multiple\nstrategically important platforms, we see this as the foundation for broader\nadoption, and we believe the operational data we generate will support\nfollow-on opportunities across the global installed base of allied\noperators.”\n\nAbout Odysight.ai\n\nOdysight.ai, incorporated in Nevada, U.S., with subsidiaries in Europe and\nIsrael, is advancing the Predictive Maintenance (PdM) and Condition-Based\nMonitoring (CBM) industries through an AI platform for critical systems across\nvarious sectors. By combining advanced visual sensing, real-time analytics,\nand AI-driven insights, Odysight.ai helps organizations improve safety,\nefficiency, and operational intelligence. Its technology has been deployed in\nprojects with NASA, the U.S. Department of War, the Israeli Ministry of\nDefense, and leading aerospace OEMs, delivering measurable improvements in\nsystem reliability and maintenance performance.\n\nSee what others miss. Predict what matters most.\n\nWe routinely post information that may be important to investors in the\nInvestors section of our website. For more information, please visit\nwww.odysight.ai or follow us on X (formerly Twitter)\n(https://www.globenewswire.com/Tracker?data=ij5fFxx2FUqJVgJjPwLfTTZR5SxkWmJJsL7ikZuM9npOyW7R0l9IkktCuY8lU-uD4gnb2zxsVG5gcmmUVKa7ZqKmAnE_ufCkiNArd4fmdKc=),\nLinkedIn\n(https://www.globenewswire.com/Tracker?data=S7VNY8ZoPB6VIQTWEMD4unQjr2onzX3IiR4PnS0lwxyv45Mxo19jezaVBuSGvrv9LI8BXMgz95VAV1kEqIzmWEunGfGpJ_JY3H_X6ytuQ8w=)\nand YouTube\n(https://www.globenewswire.com/Tracker?data=wbBWGGrLOFGlLyGWtmbTUhi5rmjCNj8PtReQUUSZnbBZgSR_ZO78v5o_jq0YajLkzR-5KC3okVrsqebFreQnXXTHPPNe9i8WzOx_oQO7jfA=).\n\nForward-Looking Statements\n\nInformation set forth in this news release contains forward-looking statements\nwithin the meaning of safe harbor provisions of the Private Securities\nLitigation Reform Act of 1995 relating to future events or our future\nperformance. All statements contained in this press release that do not relate\nto matters of historical fact should be considered forward-looking statements,\nincluding, but not limited to, statements regarding expectations concerning\nthe purchase order from Elbit Systems, including a potential expansion and\nfuture follow-on opportunities with global operators, and future applications\nof the Company’s technology. In some cases, you can identify forward-looking\nstatements by terminology such as “may,” “should,” “expects,”\n“plans,” “anticipates,” “believes,” “estimates,”\n“predicts,” “potential” or “continue” or the negative of these\nterms or other comparable terminology. Those statements are based on\ninformation we have when those statements are made or our management’s\ncurrent expectations and are subject to risks and uncertainties that could\ncause actual performance or results to differ materially from those expressed\nin or suggested by the forward-looking statements. Factors that may affect our\nresults, performance, circumstances or achievements include, but are not\nlimited to the following: (i) our ability to scale up our operations,\nincluding market acceptance and large-scale adoption of our vision-based\nsensor products, (ii) the amount and timing of future sales and our long and\nunpredictable sales cycles, (iii) our ability to maintain product quality and\nperformance at an acceptable cost and meet technical and quality\nspecifications, (iv) our ability to accurately estimate the future supply and\ndemand for our solutions and changes to various factors in our supply chain,\n(v) the market for adoption of vision-based sensor technologies, (vi)\ncompliance with existing laws and regulations and regulatory developments in\nthe United States, Israel, and other jurisdictions, including trade control\nlaws, export authorizations and safety regulations, (vii) our plans and\nability to obtain, maintain, and protect intellectual property rights,\nincluding extensions of patent terms, and our ability to avoid infringing the\nintellectual property rights of others, (viii) the need to hire additional\npersonnel and our ability to attract and retain such personnel, including key\nmembers of our senior management, (ix) our estimates regarding expenses,\nbacklog, future revenue, capital requirements and need for additional\nfinancing, (x) our dependence on third parties, including suppliers and\nstrategic partners, (xi) our dependence on a limited number of customers for a\nsubstantial portion of our revenues, and the impact if order volumes from\nexisting or anticipated customers do not meet expectations, (xii) our\nfinancial performance and history of operating losses, (xiii) the growth of\nregulatory requirements and incentives, (xiv) the incorporation of artificial\nintelligence, or AI, and machine learning, or ML, into our products, (xv)\nrisks related to product liability claims or product recalls, (xvi)\ncybersecurity risks and potential data security breaches, (xvii) the overall\nglobal economic environment and trade tensions, including the adoption or\nexpansion of economic sanctions, tariffs or trade restrictions, (xviii)\nchallenges and risks related to sales to government entities and highly\nregulated organizations, (xix) the impact of competition and new technologies,\n(xx) limitations and exclusivity provisions in our customer agreements and\nrestrictions on the use of intellectual property, (xxi) our ability to ensure\nthat our solutions interoperate with a variety of hardware and software\nplatforms, (xxii) our plans to continue to invest in research and develop\ntechnology for new products, (xxiii) our plans to potentially acquire\ncomplementary businesses, (xxiv) the impact of future pandemics on our\nbusiness and on the business of our customers, (xxv) fluctuations in foreign\ncurrency exchange rates, (xxvi) security, political and economic instability\nin the Middle East that could harm our business, including due to the security\nsituation in Israel; and military conflicts with Iran and terrorist\norganizations, (xxvii) the increased expenses and requirements associated with\nbeing a listed public company on the Nasdaq Capital Market, or Nasdaq, and\n(xxviii) risks associated with our dual listing on the Tel Aviv Stock\nExchange, or the TASE, including price volatility, liquidity and regulatory\nrequirements. These and other important factors discussed in Odysight.ai’s\nAnnual Report on Form 10-K filed with the Securities and Exchange Commission\n(“SEC”) on March 19, 2026, and our other reports filed with the SEC, could\ncause actual results to differ materially from those indicated by the\nforward-looking statements made in this press release. Except as required\nunder applicable securities legislation, Odysight.ai undertakes no obligation\nto publicly update or revise forward-looking information.\n\nCompany Contact:\n\nEinav Brenner, CFO\ninfo@odysight.ai\n\nInvestor Relations Contact:\n\nMiri Segal, MS-IR LLC\nmsegal@ms-ir.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/fe840a3d-d94f-4b27-ba22-45a8615ddcfb)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-08T11:15:00.169767744Z","server_sent_at_ms":1783509300169},"received_at":"2026-07-08T11:15:00.235Z","source_url":"https://www.globenewswire.com/news-release/2026/07/08/3323972/0/en/Odysight-ai-Receives-Purchase-Order-from-Elbit-Systems-on-Behalf-of-the-Israeli-Ministry-of-Defense-for-Deployment-of-Its-Vision-Based-Prognostics-and-Health-Management-System.html"},"analysis":{"id":"72204","press_release_id":"83139","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"operations_update","narrative":"Odysight.ai secured a purchase order from Elbit Systems on behalf of the Israeli Ministry of Defense to integrate its computer vision-based Prognostics and Health Management (PHM) system onto several defense platforms.\n\nThe initial order is valued at approximately $0.3 million, with the potential for broader deployment across the Israeli Defense Forces upon successful completion of the installation.\n\nThis engagement builds on previous deliveries and positions the company for potential international follow-on opportunities with allied operators globally.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Strategic IMOD order provides pathway to fleet-wide deployment, though initial value is modest."},"keyFigures":{"customDimensions":{"order_value_nis":"1.0 million"}},"quotedText":"This order is a significant milestone in our long-standing partnership with the Israeli Ministry of Defense and with Elbit Systems,” said Yehu Ofer, Chief Executive Officer of Odysight.ai.","namedEntities":{"people":[{"name":"Yehu Ofer","role":"Chief Executive Officer"},{"name":"Einav Brenner","role":"CFO"},{"name":"Miri Segal","role":"Investor Relations Contact"}],"products":["Prognostics and Health Management (PHM) system","vision-based monitoring system"],"companies":[{"name":"Odysight.ai Inc.","ticker":"ODYS"},{"name":"Elbit Systems","relationship":"partner"},{"name":"Israeli Ministry of Defense","relationship":"customer"},{"name":"MS-IR LLC","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$0.3 million","context":"purchase order value"},{"amount":"NIS 1.0 million","context":"purchase order value"}]},"materialImpact":{"score":2,"reasoning":"The company secured a strategic purchase order from the Israeli Ministry of Defense via Elbit Systems, providing a pathway to broader fleet deployment. However, the immediate order value is approximately $0.3 million, which is not financially material on its own."},"tickerRelevance":{"others":[],"primary":"ODYS"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":["partnership"],"importanceComponents":{"dealSize":"$0.3M","tickerTier":"small-cap","eventGravity":"contract_win"}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":2,"narrative":"Odysight.ai secured a purchase order from Elbit Systems on behalf of the Israeli Ministry of Defense to integrate its computer vision-based Prognostics and Health Management (PHM) system onto several defense platforms.\n\nThe initial order is valued at approximately $0.3 million, with the potential for broader deployment across the Israeli Defense Forces upon successful completion of the installation.\n\nThis engagement builds on previous deliveries and positions the company for potential international follow-on opportunities with allied operators globally.","key_figures":{"customDimensions":{"order_value_nis":"1.0 million"}},"named_entities":{"people":[{"name":"Yehu Ofer","role":"Chief Executive Officer"},{"name":"Einav Brenner","role":"CFO"},{"name":"Miri Segal","role":"Investor Relations Contact"}],"products":["Prognostics and Health Management (PHM) system","vision-based monitoring system"],"companies":[{"name":"Odysight.ai Inc.","ticker":"ODYS"},{"name":"Elbit Systems","relationship":"partner"},{"name":"Israeli Ministry of Defense","relationship":"customer"},{"name":"MS-IR LLC","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$0.3 million","context":"purchase order value"},{"amount":"NIS 1.0 million","context":"purchase order value"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-08T11:35:21.167Z","global_importance":15,"audience_relevance":10,"importance_components":{"dealSize":"$0.3M","tickerTier":"small-cap","eventGravity":"contract_win"}},"durationMs":163369,"modelName":"george-droid-qwen-72b"}}