The purchase order, valued at approximately $0.3 million (NIS 1.0 million), expands Odysight.ai's operational portfolio and may lead to wide deployment across the Israeli Defense Forces upon successful completion
Ramat Gan, Israel, July 08, 2026 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (NASDAQ/TASE: ODYS), a leader in AI-powered visual sensing and predictive maintenance (PdM) solutions for the defense, and industrial markets, today announced that it has received a purchase order from Elbit Systems, on behalf of the Israeli Ministry of Defense (IMOD), to integrate Odysight.ai's computer vision-based Prognostics and Health Management (PHM) system onto several platforms. The order, valued at approximately $0.3 million (NIS 1.0 million), may lead the deployment across broader Israeli Defense Forces platforms, upon successful completion of the installation.
Under the contract, Odysight.ai's system will monitor multiple safety-critical components, enabling early detection of developing faults before they escalate into safety events. The objective is to increase the platform availability, extend platform service life, and improve overall military operational readiness – capabilities that are increasingly central to defense procurement priorities in an environment of heightened operational tempo and constrained sustainment budgets.
This order represents a meaningful expansion of Odysight.ai's engagement with the IMOD, building on the Company's previously announced delivery of its vision-based monitoring system (July 2025), and its deployments as sole-source supplier. Odysight.ai's PdM technology is in a potential pathway to fleet deployment, with follow-on opportunities across platforms operated globally.
Key Program Highlights:
Customer: Israeli Ministry of Defense
Scope: Integration of Odysight.ai's computer vision-based PHM system
Order value: Approximately $0.3 million (NIS 1.0 million)
Expansion pathway: potential deployment across the Israeli Defense Forces upon successful completion of the installation, with international follow-on opportunity across allied operators
Strategic context: Extends Odysight.ai's operational footprint on various platforms
"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. "With our solutions across multiple strategically important platforms, we see this as the foundation for broader adoption, and we believe the operational data we generate will support follow-on opportunities across the global installed base of allied operators."