OMER, Israel, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (NASDAQ: ODYS), a leading provider of AI-powered visual sensing and Predictive Maintenance (PdM) solutions, announces the appointment of Mr. Eilam Sagi as the Company’s Chief Business Officer (CBO). Col (ret.) Sagi brings more than 30 years of executive, operational, strategic and economic experience across the public, private and defense sectors. His extensive background includes leading large-scale business and technological programs, managi ...

Exhibit 99.1 Odysight.ai Reports Financial Results for The Nine Months Ended September 30, 2025 and Provides Business Update OMER, Israel, November 13, 2025 – Odysight.ai Inc. (NASDAQ: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, announces its financial results for the nine months ended September 30, 2025, and provides a business update. Key highlights for the nine months ended September 30, 2025 ● Revenues for the first nine months o ...

Core Insights - Odysight.ai Inc. has reported financial results for the nine months ending September 30, 2025, indicating a transformative phase with a focus on growth and market adoption of its visual sensing and AI analytics technologies [1][3]. Financial Performance - Revenues for the first nine months of 2025 were approximately $2.6 million, a slight decrease from $2.7 million in the same period of 2024 [7][8]. - The cash balance as of September 30, 2025, was approximately $29.8 million, significantly up from $13.6 million a year earlier [12]. - The backlog stood at approximately $14.2 million as of September 30, 2025, with monetization expected to continue through 2026 and beyond [2][9]. Business Developments - The company has successfully transitioned from the medical device market to aerospace, transportation, and industrial sectors, with commercial aerospace revenues booked in 2025 [4]. - Key achievements include the first operational footprint in Europe with the Italian Air Force and the delivery of a vision-based monitoring system for the Heron TP UAV [4]. - Odysight.ai has signed a strategic partnership to integrate its predictive health monitoring system across various sectors, including defense and heavy vehicles [4]. Operational Highlights - The gross profit for the nine months ended September 30, 2025, was $0.7 million, reflecting a gross margin of approximately 27%, compared to a gross margin of 26% in the previous year [10]. - Operating expenses increased to $14.4 million, up from $9.4 million in the same period of 2024, primarily due to expansion efforts and marketing activities [11]. - The net loss for the nine months was $12.8 million, compared to a net loss of $8.2 million in the prior year [12].

FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-42497 ODYSIGHT.AI INC. (Exact name of registrant as specified in its charter) Nevada 47-4257143 (State or other jurisdiction (I.R. ...

Core Insights - Odysight.ai Inc. has received a purchase order for 200 Industrial Predictive Monitoring Systems, marking its entry into the commercial market for industrial sensing solutions [1][2][4] - The company’s technology has successfully transitioned from pilot testing to commercial rollout, indicating strong market potential and scalability [2][5] - The global market for predictive maintenance in industrial applications is projected to grow from approximately $87 billion in 2025 to about $126 billion by 2034, driven by advancements in smart cities and industrial infrastructure [2] Company Overview - Odysight.ai specializes in AI-powered visual sensing and Predictive Maintenance (PdM) solutions, with applications across various sectors including aviation, transportation, and energy [6] - The company has established a strong presence in the Industry 4.0 ecosystem, enhancing operational safety and efficiency through real-time monitoring and data-driven maintenance [3][5] - Odysight.ai has previously collaborated with notable organizations such as NASA and the U.S. Department of Defense, demonstrating its technology's reliability and effectiveness [6] Market Potential - The successful order signifies a positive outlook for broader market adoption of Odysight.ai's technology, with potential applications extending beyond elevator systems to various industrial sectors [4][5] - The company is well-positioned to capture a significant share of the expanding predictive maintenance market, with opportunities for both initial deployments and ongoing service agreements [4][5]

Core Insights - Odysight.ai Inc. is actively participating in upcoming investor conferences to engage with potential investors and stakeholders [1][2] Company Overview - Odysight.ai is a leading provider of visual-based Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM) solutions, with a focus on transforming critical systems across various industries including Aviation & Aerospace, Transportation, Energy, and Industry [3] - The company utilizes advanced visual sensing, real-time analytics, and AI-driven insights to enhance operational safety, intelligence, and efficiency [3] - Odysight.ai has collaborated with notable organizations such as NASA and the U.S. Department of Defense, demonstrating its technology's effectiveness in improving system reliability and maintenance efficiency [3] Upcoming Events - The company will participate in the 14th Annual ROTH Technology Conference on November 19, 2025, with CFO Einav Brenner attending for in-person one-on-one meetings in New York City [1] - Additionally, Odysight.ai will be present at the Benchmark 14th Annual Discovery One-on-One Investor Conference on December 4, 2025, with both CEO Yehu Ofer and CFO Einav Brenner participating [2]

Core Insights - Odysight.ai Inc. has successfully completed its first European flight test of the Odysight.ai TruVision® technology on an AW139 Leonardo helicopter operated by the Italian Air Force, marking a significant milestone in the company's expansion into Europe [1][2][4] Company Overview - Odysight.ai is a leading provider of visual-based Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM) solutions, with a focus on transforming critical systems across various sectors including Aviation & Aerospace, Transportation, Energy, and Industry [5] - The company leverages advanced visual sensing, real-time analytics, and AI-driven insights to enhance operational safety, efficiency, and reliability [5] Market Potential - The AW139 helicopter, a best-selling twin-engine platform, has a market potential of over 1,000 units in service worldwide, indicating significant opportunities for Odysight.ai's technology in both civil and defense applications [3] Strategic Partnerships - The flight test was conducted in collaboration with SIPAL, a prominent Italian engineering company, and the Italian Air Force Flight Test Unit, showcasing the company's ability to integrate its technology within established aerospace ecosystems [2][4] Future Outlook - The successful demonstration of Odysight.ai's technology on a European platform is expected to reinforce the company's transition towards predictive, data-driven maintenance solutions, further solidifying its presence in the European helicopter market [4]

Core Insights - Odysight.AI Inc. is a developer of AI systems focused on Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM) [1][3] - The CEO, Yehu Ofer, will present at the LD Micro Main Event XIX on October 20, 2025, in San Diego, CA [1] - The company offers video sensor-based solutions for critical systems in aviation, transportation, and energy industries [3] Company Overview - Odysight.AI leverages visual technologies and products from the medical industry to enhance its PdM and CBM offerings [3] - The company's unique video-based sensors and AI algorithms are designed for deployment in challenging environments and hard-to-reach locations [3] - The platform provides maintenance and operations teams with visibility into areas that are typically inaccessible or unsuitable for continuous monitoring [3] Investor Engagement - Yehu Ofer will be available for one-on-one investor meetings on October 20 and 21, 2025 [2] - Interested parties can schedule meetings through LD Micro or contact Miri Segal for arrangements [2]

Company Overview - Odysight.AI Inc. is a leading developer of AI systems for Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM) [3] - The company specializes in video sensor-based solutions for critical systems in the aviation, transportation, and energy industries [3] - Odysight.AI leverages technologies from the medical industry to enhance its offerings [3] Upcoming Events - Einav Brenner, the Chief Financial Officer, will participate in the H.C. Wainwright 27th Annual Global Investment Conference from September 8–10, 2025, in New York City [1] - An on-demand company presentation will be available to registered attendees starting September 5, 2025, at 7:00 a.m. ET [2] - Attendees can submit questions directly to management through the conference platform [2] Investor Engagement - Investors can schedule one-on-one meetings through their H.C. Wainwright representative or by contacting Miri Segal [2]

[Company Overview](index=1&type=section&id=Company%20Overview) [About Odysight.ai](index=2&type=section&id=About%20Odysight.ai) Odysight.ai is a leading provider of Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) solutions, leveraging a visualization and AI platform with video sensor-based technologies for critical systems in aviation, transportation, and energy industries - Odysight.ai specializes in Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) using a visualization and AI platform[13](index=13&type=chunk) - The company provides video sensor-based solutions for critical systems across aviation, transportation, and energy industries, leveraging proven medical industry technologies[13](index=13&type=chunk) [Overall Key Highlights](index=1&type=section&id=Key%20highlights%20for%20the%20six%20months%20ended%20June%2030%2C2025) Odysight.ai reported **$2.4 million** in revenue and a net cash position of approximately **$33.2 million** as of June 30, 2025. The company successfully uplisted to the Nasdaq Capital Markets, was added to the Russell Microcap® Index, and achieved significant commercial milestones globally | Metric | Value (as of June 30, 2025) | | :----- | :-------------------------- | | Revenue (H1 2025) | $2.4 million | | Net Cash Position | $33.2 million | - Odysight.ai uplisted to the Nasdaq Capital Markets and was added to the Russell Microcap® Index[8](index=8&type=chunk) [Business Update & Strategic Developments](index=1&type=section&id=Business%20Update%20%26%20Strategic%20Developments) [CFO Commentary](index=1&type=section&id=Einav%20Brenner%2C%20Chief%20Financial%20Officer%20of%20Odysight.ai) The CFO highlighted deepened partnerships with tier-one customers and advanced the development and integration of their predictive maintenance system. This supports an ongoing strategic transition towards the aerospace and defense sectors, with key deployments including the Heron TP UAV and an agreement with a multinational technology group - Deepened partnerships with tier-one customers and advanced development/integration of predictive maintenance systems[3](index=3&type=chunk) - Ongoing strategic transition towards the aerospace and defense sectors, which may cause short-term revenue fluctuations[3](index=3&type=chunk) - System selected for deployment on the Heron TP - a Medium Altitude Long Endurance (MALE) unmanned aerial vehicle (UAV) - for the Israeli Ministry of Defense and Air Force[3](index=3&type=chunk) [Commercial Achievements](index=1&type=section&id=Strengthened%20global%20presence%20with%20commercial%20achievements) Odysight.ai strengthened its global presence by delivering a system for the Heron TP UAV, signing a strategic partnership with a multinational technology group for PHM system integration, receiving a purchase order from a European partner for industrial solutions, and partnering with Israel Railways to deploy PHM for enhanced railway safety - Delivered system for the Heron TP UAV platform with Israeli Ministry of Defense (MOD) and Israeli Air Force (IAF)[8](index=8&type=chunk) - Signed a strategic partnership with a multinational technology group to integrate Odysight's predictive health monitoring (PHM) system on several platforms[8](index=8&type=chunk) - Partnered with Israel Railways to deploy Odysight's PHM system to prevent derailments and enhance railway safety[8](index=8&type=chunk) [Financial Performance Analysis](index=1&type=section&id=Financial%20Performance%20Analysis) [Six Months Ended June 30, 2025](index=1&type=section&id=Financial%20highlights%20for%20the%20six%20months%20ended%20June%2030%2C%202025) For the first half of 2025, Odysight.ai's revenues significantly increased to **$2.4 million** from **$1.4 million** year-over-year, primarily driven by a Fortune 500 medical company contract. Gross profit more than doubled, and gross margin improved to **28%**. However, operating expenses rose to **$9.7 million** due to operational expansion and Nasdaq uplisting costs, leading to an increased net loss of **$8.3 million**. The cash balance notably increased to **$33.2 million**, bolstered by a public offering [Income Statement Highlights](index=1&type=section&id=Income%20Statement%20Highlights%20-%20Six%20Months) Revenues for the six months ended June 30, 2025, increased by **76.5%** year-over-year, primarily due to the full recognition of a Fortune 500 medical company contract. Gross profit more than doubled, and gross margin improved from **21%** to **28%**. Despite this, operating expenses rose significantly by **61.1%**, leading to a **56.0%** increase in net loss | Metric | H1 2025 (USD in thousands) | H1 2024 (USD in thousands) | YoY Change | | :---------------- | :------------------------- | :------------------------- | :--------- | | Revenues | 2,427 | 1,368 | +76.5% | | Cost of Revenues | 1,756 | 1,077 | +63.0% | | Gross Profit | 671 | 291 | +130.6% | | Gross Margin | 28% | 21% | +7 ppts | | Operating Expenses | 9,700 | 6,019 | +61.1% | | Net Loss | (8,340) | (5,344) | -56.0% | - Revenue increase primarily attributed to full recognition of approximately **$1.7 million** from a contract with a Fortune 500 medical company and increased revenues from vision-based platform solutions[4](index=4&type=chunk) - Operating expenses increased due to the expansion of the Company's operations, including new Industry 4.0 product development, market penetration efforts, and one-time Nasdaq uplisting expenses[9](index=9&type=chunk) [Cash Position](index=2&type=section&id=Cash%20Balance%20-%20Six%20Months) The company's cash balance significantly increased to **$33.2 million** as of June 30, 2025, up from approximately **$13.6 million** a year prior. This substantial increase was primarily driven by a U.S. underwritten public offering in February 2025, which generated approximately **$23.7 million** in gross proceeds | Metric | As of June 30, 2025 (USD in thousands) | As of June 30, 2024 (USD in thousands) | YoY Change | | :----------- | :----------------------------------- | :----------------------------------- | :--------- | | Cash Balance | 33,238 | 13,600 (approx) | +144.4% | - The significant increase in cash balance was driven by a U.S. underwritten public offering in February 2025, which generated approximately **$23.7 million** in gross proceeds[10](index=10&type=chunk) [Three Months Ended June 30, 2025](index=2&type=section&id=Financial%20highlights%20for%20three%20months%20ended%20June%2030%2C%202025) For the second quarter of 2025, revenues decreased significantly to **$0.4 million** from **$1.2 million** year-over-year, primarily due to reduced deliveries to a Fortune 500 medical company. Gross profit also declined, and gross margin slightly decreased to **37%**. Operating expenses increased to **$4.6 million**, resulting in a higher net loss of **$4.1 million** compared to the prior year's quarter [Income Statement Highlights](index=2&type=section&id=Income%20Statement%20Highlights%20-%20Three%20Months) Revenues for the three months ended June 30, 2025, decreased by **69.4%** year-over-year, primarily due to reduced deliveries to a key medical customer. Gross profit and margin also declined, while operating expenses increased by **58.6%**, leading to an **86.7%** larger net loss compared to the same period last year | Metric | Q2 2025 (USD in thousands) | Q2 2024 (USD in thousands) | YoY Change | | :---------------- | :------------------------- | :------------------------- | :--------- | | Revenues | 362 | 1,181 | -69.4% | | Cost of Revenues | 229 | 667 | -65.7% | | Gross Profit | 133 | 514 | -74.1% | | Gross Margin | 37% | 44% | -7 ppts | | Operating Expenses | 4,600 (approx) | 2,900 (approx) | +58.6% | | Net Loss | (4,075) | (2,182) | -86.7% | - The decrease in revenues was primarily attributable to a decrease in deliveries to the Fortune 500 medical company customer[11](index=11&type=chunk) - Operating expenses increased due to the expansion of the Company's operations, including the development of new Industry 4.0 products and efforts to penetrate new markets and enhance product visibility[12](index=12&type=chunk) [Financial Statements](index=4&type=section&id=Financial%20Statements) [Interim Condensed Consolidated Statements of Operations and Comprehensive Loss](index=4&type=section&id=INTERIM%20CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS%20AND%20COMPREHENSIVE%20LOSS) This section presents the unaudited interim condensed consolidated statements of operations for the six and three months ended June 30, 2025, and 2024, providing detailed figures for revenues, cost of revenues, gross profit, operating expenses (R&D, S&M, G&A), operating loss, financing income, and net loss | Metric (USD in thousands) | 6 Months Ended June 30, 2025 | 6 Months Ended June 30, 2024 | 3 Months Ended June 30, 2025 | 3 Months Ended June 30, 2024 | | :------------------------ | :--------------------------- | :--------------------------- | :--------------------------- | :--------------------------- | | REVENUES | 2,427 | 1,368 | 362 | 1,181 | | COST OF REVENUES | 1,756 | 1,077 | 229 | 667 | | GROSS PROFIT | 671 | 291 | 133 | 514 | | RESEARCH AND DEVELOPMENT EXPENSES | 4,843 | 2,975 | 2,356 | 1,408 | | SALES AND MARKETING EXPENSES | 1,024 | 459 | 628 | 225 | | GENERAL AND ADMINISTRATIVE EXPENSES | 3,802 | 2,585 | 1,587 | 1,245 | | OPERATING LOSS | (8,998) | (5,728) | (4,438) | (2,364) | | FINANCING INCOME, NET | 658 | 384 | 363 | 182 | | NET LOSS | (8,340) | (5,344) | (4,075) | (2,182) | [Interim Condensed Consolidated Balance Sheets](index=5&type=section&id=INTERIM%20CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) This section provides the unaudited interim condensed consolidated balance sheets as of June 30, 2025, and the audited balance sheets as of December 31, 2024, detailing the company's financial position including current and non-current assets, liabilities, and shareholders' equity | Metric (USD in thousands) | June 30, 2025 (Unaudited) | December 31, 2024 (Audited) | | :------------------------ | :------------------------ | :-------------------------- | | **Assets** | | | | Cash and cash equivalents | 32,910 | 18,164 | | Total current assets | 34,885 | 20,787 | | Total non-current assets | 1,674 | 2,892 | | **TOTAL ASSETS** | **36,559** | **23,679** | | **Liabilities** | | | | Total current liabilities | 3,294 | 3,295 | | Total non-current liabilities | 661 | 2,140 | | **TOTAL LIABILITIES** | **3,955** | **5,435** | | **Shareholders' Equity** | | | | Additional paid-in capital | 86,901 | 64,205 | | Accumulated deficit | (54,314) | (45,974) | | **TOTAL SHAREHOLDERS' EQUITY** | **32,604** | **18,244** | | **TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY** | **36,559** | **23,679** | [Additional Information & Disclosures](index=1&type=section&id=Additional%20Information%20%26%20Disclosures) [Backlog Definition and Disclaimer](index=1&type=section&id=Backlog) Backlog is defined as booked orders based on purchase orders or hard commitments not yet recognized as revenue, amounting to approximately **$14.4 million** as of June 30, 2025. It is presented for supplemental informational purposes only and is not a comprehensive indicator of future revenue or profitability, as orders may be cancelled or rescheduled - Backlog refers to booked orders based on purchase orders or hard commitments that have not yet been recognized as revenue[7](index=7&type=chunk)[15](index=15&type=chunk) - Backlog is not a comprehensive indicator of future revenue or profitability and should not be considered a substitute for GAAP financial measures, as orders can be cancelled or rescheduled by customers[7](index=7&type=chunk)[15](index=15&type=chunk) | Metric | Value (as of June 30, 2025) | | :----- | :-------------------------- | | Backlog | $14.4 million | [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) This section contains forward-looking statements subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Key risk factors include market acceptance, product delays, regulatory approvals, intense competition, product liability, manufacturing limitations, inability to attract personnel, intellectual property protection, reliance on single customers/suppliers, need for additional capital, cybersecurity, foreign jurisdiction risks, and political/economic instability in Israel - Statements in the news release are forward-looking and subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed or suggested[17](index=17&type=chunk) - Key risk factors include market acceptance of products, lengthy product delays, inability to secure regulatory approvals, intense competition, product liability claims, limited manufacturing capabilities, reliance on single customers/suppliers, need for additional capital, cybersecurity, foreign jurisdiction risks, and political/economic instability in Israel[17](index=17&type=chunk) [Company and Investor Contacts](index=3&type=section&id=Company%20Contact) This section provides contact information for Odysight.ai's Chief Financial Officer, Einav Brenner, and for Investor Relations, Miri Segal of MS-IR LLC, for any inquiries - Company Contact: Einav Brenner, CFO, info@odysight.ai[18](index=18&type=chunk) - Investor Relations Contact: Miri Segal, MS-IR LLC, msegal@ms-ir.com, Tel: +1-917-607-8654[18](index=18&type=chunk)