Business
Odysight.ai Reports Full Year 2025 Financial Results and Strategic Progress Across Aerospace, Defense, and Industrial Markets
Ramat Gan, Israel, March 19, 2026 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (NASDAQ: ODYS), a leader in AI-powered visual sensing and predictive maintenance (PdM)
About this update from Odysight.ai Inc.
[{"type":"text","content":"Ramat Gan, Israel, March 19, 2026 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (NASDAQ: ODYS), a leader in AI-powered visual sensing and predictive maintenance (PdM) solutions for the aerospace, defense, and industrial markets, today announces its full year 2025 financial results and provides a business update. Key Full Year 2025 Highlights: ●Vision-based PdM/CBM platform revenues grew approximately 23% year-over-year, reflecting increasing commercial adoption across aerospace and industrial customers. ●Backlog2 of approximately $13.8 million as of December 31, 2025, providing revenue visibility into 2026 and the following years. Monetization of backlog commenced in 2025. ●Cash balance1 of approximately $26 million as of December 31, 2025, no debt. ●Significant aerospace and defense milestones: Delivered our first systems for UAVs under a contract with a Top 25 global defense contractor; Delivered vision-based monitoring system for the Heron TP UAV (a strategic asset to the Israeli Ministry of Defense and Air Force); Delivered major milestones under the Israeli Air Force SH-60 program; Completed a successful technology demonstration on an AW139 Leonardo helicopter with the Italian Air Force Flight Test Unit; Demonstrated next generation of high-temperature optical sensors in aerospace OEM trials in South-East Asia; Received two new pilot orders from a major defense customer for combat helicopter and airborne weapons monitoring (January 2026); Partnered for its first U.S. flight testing of our system on UH-60 Helicopter (January 2026). ●Expanded into high-volume industrial markets: Received first commercial purchase order for 200 industrial predictive monitoring systems for elevator belt monitoring from a leading European provider; Completed a successful proof-of-concept on heavy-duty mine trucks with a major international automotive OEM in South America; Successfully deployed several systems in operational railway, and advanced the Israel Railways AI-powered derailment prevention collaboration. ●Strengthened international presence with new commercial team in the United States, new European Union subsidiary and the appointment of a Chief Business Officer, while showcasing our solutions with global players in the aerospace and defense sectors, as well as with global infrastructure technologies companies. ●Uplisted to the Nasdaq Capital Ma...