Odysight.AI Inc
odysight.aiOdysight.AI Inc. (NASDAQ: ODYS) is an AI-based visual monitoring company that develops and sells vision-based sensor systems for predictive maintenance and condition-based monitoring in hard-to-reach locations and harsh environments. Revenue is currently derived primarily from hardware kit sales, with a stated transition toward a recurring subscription model as the installed base grows. The company serves industrial, automotive, and aviation customers in both civil and defense sectors, with disclosed customers including the Israeli Air Force, the Israeli Ministry of Defense, a global international defense contractor, NASA, Israel Railways Ltd., and a European elevator monitoring provider (per the FY2025 10-K filed 2026-03-19). Historically, revenue was derived mainly from the medical sector. The company is incorporated in Nevada and operates through subsidiaries including Odysight.ai Ltd. and Odysight.AI EU S.r.l. In February 2025, the company closed a public offering at $6.50 per share, selling 3,653,124 shares and generating approximately $23.7 million in gross proceeds.
Products & Services
Vision-based sensor platforms combining high-end device sensors with software-defined products, AI and machine learning engines, video analytics, and proprietary algorithms for predictive maintenance (PdM) and condition-based monitoring (CBM). Platforms are designed for deployment on moving parts and critical safety components in hard-to-reach or harsh environments, with both new-installation and retrofit capability.
Revenue Model
Primary revenue comes from hardware kit sales of vision-based sensor solutions. The company is transitioning toward a subscription-based recurring revenue model tied to ongoing software and analytics support as the installed customer base expands. Historically, revenue was derived mainly from the medical sector.
Customers & Markets
Customers include the Israeli Air Force, the Israeli Ministry of Defense, a global international defense contractor, NASA, Israel Railways Ltd., and a leading European provider of elevator monitoring solutions (as disclosed in the FY2025 10-K filed 2026-03-19). End markets include aerospace and defense, industrial, automotive, transportation, and energy sectors.
Geographic Exposure
Operations span the United States, Israel, and the European Union. Subsidiary presence includes Odysight.ai Ltd. (Israel) and Odysight.AI EU S.r.l. (EU). Subject to U.S., Israeli, and other jurisdictions' trade control, export authorization, and safety regulations.
Source: SEC 10-K, filed 2026-03-19
Financial Snapshot
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